Dewhurst plc is an independent supplier of quality components to the lift, keypad and rail industries. The company was founded in 1919 and the Dewhurst Group now has sales of around US $50 million and employs over 300 people in locations around the world.
Dewhurst is probably best known for its range of high quality pushbutton products (often sold under the Dupar brand). Although we have been making pushbuttons for a long time, a breakthrough was made in 1971 with the launch of the US81 Original Pushbutton. This really was a unique design, which began a styling of chrome surround with a stainless pressel that has been imitated by many others. Following on from the success of the US81 the company has since focused heavily on pushbuttons and fixture products and now has a wide and very popular range of Braille and EN81-70 buttons.


As well as having a significant presence in the lift industry, Dewhurst is also a major player in the keypad industry and supplies a wide range of keypad products for the ATM industry.

Our manufacturing plant, located on the outskirts of London, is full of the latest machine tools, and as a company we invest heavily each year on new production equipment. Our Research and Development facilities are also located in the same building and we boast the latest Computer Aided Design equipment as well as test equipment such as shadowgraphs, endurance test equipment, environmental and dust chambers.

The focus that we have on pushbutton and switches has ensured that we truly are specialists in this field with extensive knowledge of hertzian stress design, QTC switch technology, pushgate switch technology, membrane enhancements to name a few! We also have extensive knowledge of LED illumination, which is critical for the business that we are in.

Dewhurst is an Investor in People company and we have a highly skilled workforce who are able to give the company a great deal of vertical integration. We are also accredited with ISO 9001/2008.

Our aim at Dewhurst is ‘Fast and Fit’, we are keen to develop and supply our product ‘Fast’ as the industry we work in is constantly demanding shorter lead-time, as well as ‘Fit’, it is fundamental that the products we supply are ‘Fit’ for the job.

Pre-Close Trading Update
RNS
RNS Number : 1092M
Dewhurst PLC
13 September 2012

Dewhurst PLC

("Dewhurst" or the "Group")



Pre-Close Trading Update



Dewhurst PLC (AIM:DWHT), an independent supplier of quality components to the lift, keypad and transport industries, is pleased to announce the following pre-close trading update for the year ending 30 September 2012.



Profit before taxation for the year is projected to be significantly ahead of market expectations primarily due to better than expected sales both in the UK and overseas.



Dewhurst's preliminary results for the year ending 30 September 2012 are expected to be announced in early December 2012.



Jared Sinclair, Finance Director, commented "Despite the concerns reported in the interims of market fragility, demand has remained healthy through the second half, resulting in the Group performing better than expected."

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,

up 7% :-))

Potential Acquisition in Dual Engraving
RNS
RNS Number : 8244Q
Dewhurst PLC
12 November 2012





Dewhurst plc (the "Company" or "Dewhurst")

Potential Acquisition in Dual Engraving

Dewhurst plc, an independent supplier of quality components to the lift, keypad and transport industries, is pleased to announce it has signed a conditional agreement to acquire 70% of the business and assets of the partnership trading as Dual Engraving from D.E. Corporate Pty Ltd and Datree Pty Ltd (the "Business" or "Dual"). The agreement is subject to satisfactory due diligence on the Business.

Dual, based in Perth, Western Australia (WA), is a lift car interior and fixture manufacturer which works with all the major lift companies in the local WA market. In addition the Business supplies lift components to that market, including products from Dewhurst, Designcom, TL Jones and Memco.

Subject to successful completion, the acquisition of a 70% stake in Dual demonstrates the Company's commitment to continue to expand its international operations. Part of the Company's strategy over recent years has been to seek to add additional fixture businesses around the world that can act as an outlet for sales of the Company's components and add value with local supplies and support for customers. Dual Engraving is already a customer of the Dewhurst Group, so this acquisition will not generate additional component sales, but it will secure those sales.

The key terms of the deal are as follows:

· The Company will acquire the 50% stake of David Waideman (held by Datree Pty Ltd) for a maximum cash consideration of A$2,050,000 on completion. David Waideman will retire from the business and has agreed to certain restrictive covenants for a period of 3 years.



· The Company has also agreed with Michael Cook (held by D.E. Corporate Pty Ltd), the remaining shareholder in Dual, to acquire a further 20% stake for a maximum cash consideration of A$820,000 on completion. Michael will retain a 30% stake within the business and act as Director and Operations Manager of Dual. There is also provision within the agreement for Dewhurst to acquire an additional 10% stake within the first 2 years for a maximum of $410,000 as well as pre-emption rights on the remaining 20% shareholding. Michael also has certain restrictive covenants for a period of 3 years.



· Richard and David Dewhurst will be appointed as directors of Dual Engraving Pty Ltd.

In the year ended 30 June 2012 (the most recently filed financial information), Dual Engraving made a profit before tax of A$1.58m on turnover of approximately A$5.65m.

Commenting on the acquisition, Richard Dewhurst, Chairman of the Company, said:

"Assuming we proceed to completion, the deal will allow us to provide better geographical support to customers in our important Australian market. Dual has been a customer of our Lift Material subsidiary for several years and we have been impressed with the way the business has developed over that period. There are long term plans for further development in Perth, which should support continued growth of the business, although, of course, there are cycles in all economies."

Dewhurst: Seymour Pierce raises target from 325p o 380p, buy rating kept.

climbing very nice.

Well Done DC, found a good un here.

Thanks Chris.

Dewhurst PLC

("Dewhurst" or the "Group")

Preliminary Results for the year ended 30 September 2012
Results

I am delighted to be able to report record sales and profits for the Group this year. Sales were up 24% to £51.6 million (2011: £41.5 million), operating profit before goodwill and an exceptional gain from the sale of the property was up 15% to £5.6 million (2011: £4.9 million) and profit before tax was £5.4 million (2011: £4.3 million) up 26%.



This would have been a good performance in any year but in the current market conditions I believe it is excellent. The improvement was broadly based, with growth in all three product divisions. Geographically, sales improved in the UK, Europe and the Far East. The only area not really showing improvement was North America which was broadly flat. The lift and keypad markets held up in the second half, but the transport sector was more difficult.



For the year as a whole keypad sales and Thames Valley Controls (TVC) were the strongest contributors to growth. TVC sales were bolstered by the new Hall Call Destination Product and good performance on remote monitoring products.



The Group's employees have performed really well to achieve these results and I would like to thank them for their continued effort and dedication.




http://www.moneyam.com/action/news/showArticle?id=4496782

The market will like the results of record sales and profit

Acquisition in Dual Engraving
RNS
RNS Number : 2423X
Dewhurst PLC
06 February 2013



Dewhurst PLC

("Dewhurst" or the "Group")

Acquisition in Dual Engraving



Dewhurst plc, an independent supplier of quality components to the lift, keypad and transport industries, is delighted to announce the acquisition of 70 per cent. of Dual Engraving ("Dual"), based in Perth, Western Australia ("WA") (the "Acquisition"). The terms of the Acquisition remain the same as previously announced on 12 November 2012 (see RNS number: 8244Q).

This purchase cements a relationship with Dual that started as a customer of the Group and latterly developed as a distributor for Lift Material products in WA. After a handover period, David Waideman will retire from Dual, but the remainder of the management team will continue, led by Garry Holden as General Manager and Michael Cook as Operations Manager. We aim to build on Dual's excellent reputation for service in the WA market and help them to develop with the support and investment we can provide as a larger organisation. This purchase demonstrates our continuing commitment to the Australian market and our aim of improving the Group's service to customers in Australia.





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For further details please contact:

I used to like their sausages. :-)

LOl.

Change of Adviser
RNS
RNS Number : 1338Y
Dewhurst PLC
19 February 2013







Dewhurst PLC

("Dewhurst" or the "Company")



Change of Adviser



Dewhurst plc, an independent supplier of quality components to the lift, keypad and transport industries announces that Cantor Fitzgerald Europe has been appointed as the Company's Nominated Adviser & Broker with immediate effect.



This follows the acquisition of certain assets and businesses of Seymour Pierce Limited by Cantor Fitzgerald Europe. For further information see the AIM Notice dated 8 February 2013.



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;-))

Trading Update
RNS
RNS Number : 7381Y
Dewhurst PLC
27 February 2013



Dewhurst PLC

("Dewhurst" or the "Group")

Trading Update



Dewhurst plc, announces that as previously noted in the Chairman's Statement of the Company's annual report and accounts for the year ended 30 September 2012, customer demand in the UK started the new year slowly and that weakness has continued to date. Although Group results are traditionally stronger in the second half, and management have no reason to expect any change in that pattern this year, the Board now anticipate that full year profits will be significantly lower than current market expectations.





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Half Yearly Report

http://www.moneyam.com/action/news/showArticle?id=4612265

Half Yearly Report

http://www.moneyam.com/action/news/showArticle?id=4826533

Preliminary Results

http://www.moneyam.com/action/news/showArticle?id=4934299

Ex dividend Thursday 15 Jan 6.2p

18 Feb Cantor... 638.00 Buy

Half Yearly Report
RNS
RNS Number : 5547P
Dewhurst PLC
09 June 2015

Dewhurst plc



("Dewhurst" or the "Group")



Interim Results for the 6 months ended 31 March 2015



Directors' Interim Report



FIRST HALF

I am pleased to report a better first half profit performance for the Group compared to last year. Weakness in the UK market resulted in lower revenue domestically, but the overseas companies of the Group performed strongly. Overall Group revenue decreased marginally to £22.8 million (2014: £23.0 million), but profit before tax increased by 4% to £2.2 million (2014: £2.1 million). Adjusted operating profit* of £2.6 million (2014: £2.5 million) is up 3% on last year and earnings per share grew by 5% to 18.6p (2014: 17.8p). The Group balance sheet remains strong with cash of £13.0 million (2014: £10.4 million).



After a positive start to the year, UK sales fell back in the second quarter, possibly affected by the General Election. In the six months ended 31 March 2015, UK sales were weaker across both Lift and Transport divisions, but the impact was greatest in the Lift division after a very strong first half for those products last year. The fall in UK sales was almost completely offset by stronger North American, Asian and Australian performance; however the weaker Australian and Canadian Dollars reduced reported Group revenue by approximately £0.2 million in the first six months.



OUTLOOK

The UK Government has indicated that constraints on public spending will increase further and this is likely to impact our public sector sales. In our overseas markets the short term outlook is reasonably positive, suggesting that current trends are likely to continue. Consequently we expect our markets in the UK to remain weaker, whilst our overseas markets should remain buoyant, at least for the second half of the year. However a further fall in the Australian and Canadian currencies will have some negative impact on the profitability of our operations in those countries and their contribution to Group performance.



DIVIDENDS

The Directors have declared an increased interim dividend of 3.00p (2014: 2.80p) which amounts to £254,000 (2014: £238,000). The interim dividend is payable on 25 August 2015 and will be posted on 20 August 2015 to shareholders appearing in the Register on 10 July 2015 (ex-dividend date being 9 July 2015).



A final 2014 dividend of 6.20p (2014: 5.66p) which amounted to £525,000 (2014: £482,000) was approved at the AGM held on 3 February 2015 and was paid on 19 February 2015 to members on the register at 16 January 2015.



By Order of the Board



J C SINCLAIR

Finance Director & Secretary

8 June 2015

Trading Update

RNS


RNS Number : 2983I

Dewhurst PLC

30 August 2016




Dewhurst PLC

(the "Company")

Trading Update



Dewhurst plc, an independent supplier of quality components to the lift, keypad and transport industries, is pleased to provide a trading update for the financial year ending 30 September 2016.



The recovery reported at the interim stage has continued through the third quarter and into the fourth to date. Seasonal effects mean that the Company's second half is traditionally stronger than the first half, but the effect is expected to be greater than usual this year.



The UK vote to leave the EU had an immediate effect on the value of the pound. A significant proportion of the Company's sales and earnings are generated in foreign currencies. With the fall in the pound these sales and earnings are worth more to us. If currencies remain broadly at today's level through to the end of September, it will benefit our reported sales and profits for the year, compared to expectations at the half year.



The recent EU Referendum decision has not yet affected Dewhurst's underlying level of business. There have been reports in the media of cancellations and deferrals in commercial property transactions. However, whilst the decision has generated a period of uncertainty, it is too early to speculate what impact, if any, there will be on Dewhurst.



The combined effects of these factors mean that the Board now anticipate full year profits will be significantly higher than current market expectations.



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Trading Update
RNS
RNS Number : 0344P
Dewhurst PLC
14 November 2016
 
Dewhurst PLC
(the "Company")
Trading Update
 
Dewhurst plc, an independent supplier of quality components to the lift, keypad and transport industries, is pleased to provide a trading update for the financial year ended 30 September 2016 ("FY16").
 
The recovery reported by the Company on 30 August 2016 continued through the fourth quarter of FY16 and whilst seasonal effects mean the Company's second half is traditionally stronger than the first half, the effect in FY16 has been greater than usual.
 
A significant proportion of Dewhurst's sales and earnings are generated in foreign currencies and the depreciation of pound sterling during FY16 has continued to benefit Dewhurst's reported sales and profits.  Accordingly, the Board currently expect Group revenues for FY16 to exceed £47.0 million with a positive impact on profits compared with current market expectations.
 
The Company expects to announce its preliminary results for FY16 by mid-December 2016.
 
 
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14 Nov
Cantor...
750.00
Hold

09:50 06/12/2016
Broker Forecast - Cantor Fitzgerald issues a broker note on Dewhurst PLC
Cantor Fitzgerald today upgrades its investment rating on Dewhurst PLC (LON:DWHT) to buy (from hold) and left its price target at 750p. Story provided by StockMarketWire.com

Half year report

08:20 13/06/2017
Broker Forecast - Cantor Fitzgerald issues a broker note on Dewhurst PLC
Cantor Fitzgerald today reaffirms its buy investment rating on Dewhurst PLC (LON:DWHT) and raised its price target to 800p (from 750p). Story provided by StockMarketWire.com

Preliminary results