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United Kingdom

Morgan Advanced Materials PLC (MGAMM.L)

MGAMM.L on London Stock Exchange

243.00GBp
25 Mar 2019
Change (% chg)

-10.40 (-4.10%)
Prev Close
253.40
Open
253.00
Day's High
259.00
Day's Low
240.80
Volume
605,379
Avg. Vol
424,150
52-wk High
370.00
52-wk Low
240.80

Latest Key Developments (Source: Significant Developments)

Morgan Advanced Materials Sees Modest Revenue Growth In 2019
Tuesday, 26 Feb 2019 

Feb 26 (Reuters) - Morgan Advanced Materials PLC ::FY REVENUE £1,033.9 MILLION VERSUS. £1,001.4 MILLION.FY TOTAL DIVIDEND PER SHARE 11.0P.FY STATUTORY PROFIT BEFORE TAX 94.9 MILLION POUNDS VERSUS 136.8 MILLION POUNDS YEAR AGO.LOOKING FORWARD TO 2019, LIKELY TO SEE SLOWER GROWTH IN KEY INDUSTRIAL ECONOMIES IN WHICH CO PARTICIPATES."THERE ARE SEVERAL MACRO-ECONOMIC AND GEOPOLITICAL UNCERTAINTIES WHICH COULD HAVE A SIGNIFICANT IMPACT" IN 2019.EXPECT TO DELIVER MODEST REVENUE GROWTH IN 2019.  Full Article

Morgan Advanced Says Trading Is In-Line With Expectations
Friday, 9 Nov 2018 

Nov 9 (Reuters) - Morgan Advanced Materials PLC ::MORGAN ADVANCED MATERIALS PLC - TRADING IS IN-LINE WITH OUR EXPECTATIONS AND OUR OUTLOOK FOR FULL YEAR IS UNCHANGED.MORGAN ADVANCED - SALES FOR 10 MONTHS TO OCT WERE 7.2% HIGHER FOR GROUP, ON ORGANIC CONSTANT-CURRENCY BASIS, COMPARED TO FIRST 10 MONTHS OF LAST YEAR.MORGAN ADVANCED - 4-MONTH PERIOD FROM JULY TO OCT, ORGANIC CONSTANT-CURRENCY SALES GROWTH WAS 6.4% COMPARED TO SAME PERIOD LAST YEAR.  Full Article

Morgan Advanced Materials Says Entered Into New Banking Financing Agreement
Friday, 28 Sep 2018 

Sept 28 (Reuters) - Morgan Advanced Materials PLC ::MORGAN ADVANCED MATERIALS PLC ANNOUNCES COMPLETION OF BANK REFINANCING.ENTERED INTO NEW BANKING FINANCING AGREEMENT, WHICH REPLACES ITS EXISTING FACILITY, WHICH WAS DUE TO MATURE IN OCT 2019.NEW £200MILLION SYNDICATED REVOLVING CREDIT FACILITY HAS A MATURITY OF FIVE YEARS TO SEPTEMBER 2023.  Full Article

Morgan Advanced Materials Says Andrew Shilston Intends To Step Down As Chairman And Retire From Board At End Of 2018
Monday, 2 Jul 2018 

July 2 (Reuters) - Morgan Advanced Materials PLC ::ANDREW SHILSTON INTENDS TO STEP DOWN AS CHAIRMAN AND RETIRE FROM BOARD AT END OF 2018.DOUGLAS CASTER CBE, NON-EXECUTIVE DIRECTOR, WILL BE APPOINTED CHAIRMAN, WITH EFFECT FROM 1 JANUARY 2019.  Full Article

Morgan Advanced Materials Q1 Sales 6.5 Pct Higher Vs Q1 2017
Monday, 23 Apr 2018 

April 23 (Reuters) - Morgan Advanced Materials PLC ::Q1 TRADING UPDATE SALES FOR FIRST THREE MONTHS TO MARCH 2018 WERE 6.5% HIGHER FOR GROUP, ON AN ORGANIC CONSTANT CURRENCY BASIS, COMPARED TO Q1 OF LAST YEAR..  Full Article

Morgan Advanced Materials To Make Additional Contribution Of $36 Mln To its U.S. Pension Scheme
Monday, 11 Dec 2017 

Dec 11 (Reuters) - Morgan Advanced Materials Plc ::‍ADDITIONAL US PENSION PAYMENT​.ELECTED TO MAKE ACCELERATED CASH CONTRIBUTION OF ADDITIONAL $36 MILLION TO US DEFINED BENEFIT PENSION SCHEME IN DECEMBER 2017​.ONGOING PAYMENTS TO DEFINED BENEFIT PENSION SCHEMES ESTIMATED TO REDUCE FROM EXPECTED £25 MILLION PER ANNUM TO CA. £16.5 MILLION PER ANNUM FROM 2018​.  Full Article

Morgan Advanced Materials says full year outlook unchanged​
Monday, 6 Nov 2017 

Nov 6 (Reuters) - MORGAN ADVANCED MATERIALS PLC ::‍MORGAN ADVANCED MATERIALS PLC IS TRADING IS IN-LINE WITH OUR EXPECTATIONS AND OUR OUTLOOK FOR FULL YEAR IS UNCHANGED​.  Full Article

UK Stocks-Factors to watch on Nov 9

Nov 9 Britain's FTSE 100 index is seen opening 33 points lower at 7,108 points on Friday, according to financial bookmakers. * SSE: Energy supplier SSE Plc and Innogy SE are discussing changes to the terms of a planned tie-up of their British retail units, after Britain's regulator proposed a price cap on default energy bills. * INMARSAT: Inmarsat's chief executive said on Thursday he would stem a stream of defections by its maritime customers to rival satellite