Sprue Aegis (#SPRP) – as expected, current year impacted by transition of manufacturing

Sprue Aegis (#SPRP) – appoints new FD commencing December, Executive Chairman to step down

Sprue Aegis – with 2017 results including a more than doubled adjusted profit, why another share price slump?

“Highlights” of calendar year 2017 results from Sprue Aegis (SPRP) - proposed to be re-named FireAngel Safety Technology Group - include adjusted profit before tax up to £4.7 million, from a prior year £2.3 million, yet the shares have responded to the results announcement currently more than 25% lower, to below 100p…

Sprue Aegis – after “disputes the allegations made by BRK”, how’s a Settlement Agreement?

In March, I noted shares in Sprue Aegis (SPRP) down 25% on the day, at 142.5p, on a distribution agreement ‘termination notice’ which was actually a “Termination for Breach Notice” and saw Sprue “disputes the allegations made by BRK” and “taking legal advice”. Today a “Settlement Agreement”…

Sprue Aegis – update raises working capital questions

Previously writing on Sprue Aegis (SPRP) it was with the shares last month down 25% on the day, at 142.5p, on the back of a “DA Termination Notice and Update re final results” announcement. There’s now an “Update re DA Termination, Notice of Results & RCF”…

Sprue Aegis – shares slump on a “Termination for Breach Notice”. Overdone?

Shares in Sprue Aegis (SPRP) are currently down 25% on the day, at 142.5p, to capitalise the company at sub £65.5 million, on the back of a “DA Termination Notice and Update re final results” announcement…

Sprue Aegis (#SPRP) – ‘Termination for Breach Notice’ from BRK Brands, taking legal advice & results delayed

Sprue Aegis (#SPRP) – 2017 “in line”, transition of manufacturing & sourcing of products “on track”

Sprue Aegis (#SPRP) – H1 return to profit, well positioned to deliver FY adj. operating profit “in line”

Sprue Aegis (#SPRP) – “positive start to the year with an expected strong return to profitability in H1”

Sprue Aegis – H1 operating loss lower than feared, but what about the full-year and outlook?

I commented on home safety products supplier Sprue Aegis (SPRP) in April as its shares were crashing on the back of a profit warning plus - see HERE. The following updates with the shares currently up today, to 181.5p, on the back of a trading update ahead of late September-expected results for the first half of 2016...

Sprue Aegis ( #SPRP) says H1 loss at £0.9m will be significantly lower than expected

Sprue Aegis – “Trading Statement” = a profit warning plus

Smoke and carbon monoxide alarms and accessories company Sprue Aegis (SPRP) has released a “Trading Statement” including that “challenging trading conditions in France, principally due to overstocking, and weaker sales in Germany, due to product certification delays, are likely to significantly adversely impact the group's expected results for this year” as well as that it “has recently identified an issue in certain batteries supplied by a third party supplier that may cause a premature low battery warning chirp in certain of its smoke alarm models sold in the UK and in Continental Europe”. It’s a profit warning plus…

Sprue Aegis (#SPRP) warns will miss 2016 forecasts due to new supplier terms

Sprue Aegis (#SPRP) - says will beat FY forecasts, well done!