AEA Technology



Provides consultancy, technical services and products to three markets: Rail; Environment and Portable Power . AEA operates from 50 locations worldwide, including Harwell, Derby, Thurso, Glasgow in the UK, with offices also in the US, Canada, the Netherlands and Germany.




http://www.aeat.co.uk/

lol mitzy - didnt realise you rated aat so highly :-))))

i am happy as trading on highs and lows - waiting for the next and keeping some back for the .5 to 1p recovery next week :-)))))))))))))))))))))

good luck gibby.

cheers and you

Schroders have 20%.

cheers - been great fun here today :-)))))))))))))))

worth keeping an eye on this one

i would not want to be out of aat this weekend lol

:-0

news by weds this week

:-)))

i would not want to be out of aat right this moment!!!

:-))

what a great day - i hope others profited also

highly speculative punt but good luck.

thanks mitzy

this has treated me very kindly :-))

next rns is wednesday or earlier - everybody waiting on news the main news is due from lloys and other news

if positive i expect anything from .7p to 1p + here

i have already top sliced leaving rest running free

you are correct is more of a punt than an investment but i would expect more blue at least up to rns then much more if good news at least wont have to wait ages for news

cheers

resistance levels interesting

http://www.barchart.com/cheatsheet.php?sym=AAT.LS

yeeeeeeeeeeeeeeeeeeeeehaaaaaaaaaaaaaaaaaaaaaaaaaaa

:-))))))))))))))))))))))))))))))))))))))))

http://www.4-traders.com/AEA-TECHNOLOGY-PLC-4001047/news/AEA-TECHNOLOGY-PLC-ODA-with-Cofely-GDF-Suez-win-CHPA-Award-sponsored-by-AEA-13911616/

two good rns out

YYEEEEEEEEEEEEEEEEEAAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHH!

KKKKKKKKKKKKEEEEEEEEEEEEEEEEERRRRRRRRCCCCCCCHHHHHHHHHIIIIIINNNNNNNNGGG!

Sorry I had it get in first!

INTERIM RESULTS STATEMENT FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2011

AEA Technology Group plc ('Group'), a leading technical, energy and sustainability consultancy, today announces its financial results for the six months ended 30 September 2011.

Orders up 84% to 73.0 million (2010: 39.6 million)

Revenue up 5% 53.3 million (2010: 50.6 million)

Adjusted operating profit up 10% 2.3 million (2010: 2.1 million) 1

Operating profit 0.2 million (2010: 6.7 million loss)

Adjusted profit before tax 1.0 million (2010: 1.1 million) 1

Loss before tax 2.1 million (2010: 8.8 million loss)

Net debt 34.3 million (30 September 2010: 31.7 million, 31 March 2011: 28.3 million)

Secured approval of Lloyds Banking Group to amend financial covenants for 2012 and allow continued access to the banking facility for the foreseeable future. The Directors expect to successfully renegotiate covenants for 2013 during 2012

John Lowry has been appointed as interim CEO (see separate announcement)

Order intake is showing positive progress throughout the Group; ERG $38.9 million 2, PPC $45.9 million, up 23% and Europe 20.1 million, up 32%

In the US we continue to win orders despite the current economic environment while in the UK market conditions remain tough but with some stability returning

The second half of the year will be impacted by a reduced forecast revenue and adjusted operating profit outturn at PPC, our Washington based operation. As reported previously, performance at ERG, our Boston based operation, and Europe remain in line with Management's expectations

Having announced on 16 November 2011 that the Group's adjusted operating profit for the current year would be significantly lower than the Board's expectations, the Board is firmly focused on improving profitability and managing cash flow


1 A reconciliation of adjusted operating profit and adjusted profit before tax is given below the Consolidated income statement.
2 No comparative information is available as the business was acquired in November 2010.

Relentless buying now.....this is heading for 1p by the end of the week!

Got to be the easiest 50% profit ever even if you buy now!