Premier Farnell PLC (PFL.L)
22 May 2015
** Electronics distribution co Premier Farnell's shares rise as much as 7 pct, after Credit Suisse upgrade the stock to "outperform" from "neutral", saying despite stretched yields dividend remains relatively safe over the medium-term
* FY adjusted operating profit of 88 million pound flat at constant currency
Feb 5 - Premier Farnell Plc, a distributor of small electronics and electronic parts, warned of a lower full-year operating profit as strategic initiatives and discounting of the credit-card sized computer Raspberry Pi hurt gross margins.
Feb 5 - Premier Farnell Plc, a distributor of small electronics and electronic parts, warned that full-year operating profit would be below last year, as strategic initiatives and discounting of the credit-card sized computer Raspberry Pi impacted gross margins.
* Positive momentum in sales growth has been delivered through second half, with group sales per day growth of 4.0 pct expected in Q4