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United Kingdom

Ultra Electronics Holdings PLC (ULE.L)

ULE.L on London Stock Exchange

1,743.00GBp
13 Jul 2018
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Wed, Jun 27 2018

Ultra Electronics warns on FY profit, sees recovery in Herley unit

British defence contractor Ultra Electronics Holdings Plc expects full-year operating profit to drop as much as 6 million pounds ($7.9 million) and said its Herley business is being hurt by additional costs on development contracts.

UPDATE 1-Ultra Electronics warns on FY profit, sees recovery in Herley unit

June 27 British defence contractor Ultra Electronics Holdings Plc expects full-year operating profit to drop as much as 6 million pounds ($7.9 million) and said its Herley business is being hurt by additional costs on development contracts.

Ultra Electronics warns on FY profit as Herley unit costs weigh

June 27 Ultra Electronics Holdings Plc expects full-year operating profit at constant currencies to fall by as much as 6 million pounds ($7.9 million) and said its Herley business is continuing to be hurt by additional costs on development contracts.

BRIEF-Ultra Electronics Says Trading, Cash Performance Will Be More Heavily Weighted To H2

* GROUP'S TRADING AND CASH PERFORMANCE WILL BE MORE HEAVILY WEIGHTED TO SECOND HALF OF YEAR

BRIEF-Ultra Electronics Holdings Says CEO Designate Simon Pryce Purchased 6,300 Ultra Shares

* NOTIFIED SIMON PRYCE, CEO DESIGNATE, PURCHASED 6,300 ULTRA SHARES AT AN AVERAGE PRICE OF 1273.77 PENCE PER SHARE Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)

BRIEF-Ultra Electronics names Simon Pryce as CEO​

* ‍APPOINTMENT OF SIMON PRYCE AS ITS CHIEF EXECUTIVE OFFICER. HE WILL JOIN GROUP AND ITS BOARD ON 18 JUNE 2018.​

BRIEF-Sparton Corp And Ultra Electronics USSI Joint Venture (ERAPSCO) Secures $28.4 Mln U.S. Navy Sonobuoy Contracts

* SPARTON CORPORATION AND ULTRA ELECTRONICS USSI JOINT VENTURE (ERAPSCO) AWARDED $28.4M FOR U.S. NAVY SONOBUOY CONTRACTS

BRIEF-Sparton Announces Termination Of Merger Agreement With Ultra

* SPARTON ANNOUNCES TERMINATION OF MERGER AGREEMENT WITH ULTRA

Ultra Electronics ends Sparton deal, shares slump

Ultra Electronics said on Monday it terminated the $234 million (169.68 million pounds) acquisition of Sparton Corp due to anti-trust concerns raised by the U.S. Department of Justice, sending the British defence contractor shares down 17 percent.

Britain's Ultra Electronics ends Sparton deal, shares slump

Ultra Electronics said on Monday it terminated the $234 million acquisition of Sparton Corp due to anti-trust concerns raised by the U.S. Department of Justice, sending the British defense contractor shares down 17 percent.

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