ShareProphets : tidm

SYN

Synnovia (#SYN) – recommended 125p per share offer

2019-09-03 07:59:59

Synnovia – follows “broadly in line” February update with profit & accounts disappointment

Writing on industrial components and consumables manufacturer Synnovia (SYN) - Plastics Capital as was - in February, I questioned is a 10%+ forecast reduction really “broadly in line”?!. Now a “Trading Update and Restatement of Accounts”. Uh oh…

By Steve Moore | Published 2019-04-25 10:16:29 |

Synnovia (#SYN) – expects FY profit “marginally below current market expectations”, notes prior year “non-material” accounts misstatement

2019-04-25 06:44:35

Synnovia (Plastics Capital as was) – trading statement; is a 10%+ forecast reduction really “broadly in line”?!

A trading statement from industrial components and consumables manufacturer Synnovia (SYN) - until recently Plastics Capital plc - commences that it “expects trading for the financial year ending 31 March 2019 to be broadly in line with market expectations” and includes “significant organic growth continues to be achieved across both our divisions” and “the change of the company's name to Synnovia plc has seen a smooth transition and is acting as a strong signal to our organisation to do everything reasonably possible to reduce, recycle and re-use plastic waste”. The shares have responded currently, er,… more than 8% lower, back towards 100p…

By Steve Moore | Published 2019-02-19 07:39:42 |

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