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AVEVA Group PLC (AVV.L)

AVV.L on London Stock Exchange

3,778.00GBp
19 Sep 2019
Change (% chg)

54.00 (+1.45%)
Prev Close
3,724.00
Open
3,720.00
Day's High
3,788.00
Day's Low
3,710.00
Volume
276,487
Avg. Vol
292,635
52-wk High
4,232.00
52-wk Low
2,264.00

Latest Key Developments (Source: Significant Developments)

Aveva Group Signs Agreement With Husky Energy
Wednesday, 19 Jun 2019 

June 19 (Reuters) - AVEVA Group PLC ::SIGNED AGREEMENT WITH HUSKY ENERGY TO DELIVER END-TO-END SUPPLY CHAIN MANAGEMENT SOLUTION FOR HUSKY'S DOWNSTREAM BUSINESS.  Full Article

AVEVA Group Announces New Global Agreement With Covestro
Monday, 20 May 2019 

May 20 (Reuters) - AVEVA Group PLC ::AVEVA ANNOUNCES NEW GLOBAL AGREEMENT WITH COVESTRO TO TRANSFORM PROCESS ENGINEERING AND SIMULATION.  Full Article

Aveva Says FY Outlook Remains In Line With Board Expectations
Wednesday, 19 Sep 2018 

Sept 19 (Reuters) - AVEVA Group PLC ::CONTINUED TO DELIVER CONSTANT CURRENCY REVENUE GROWTH IN FY TO DATE AND FULL YEAR OUTLOOK REMAINS IN LINE WITH BOARD'S EXPECTATIONS.AIMS TO GROW MEDIUM TERM REVENUE ON CONSTANT CURRENCY BASIS, WHICH WE CURRENTLY ESTIMATE TO BE GROWING AT A MID-SINGLE DIGIT RATE.GROUP AIMS TO INCREASE MEDIUM-TERM ADJUSTED EBIT MARGIN TO 30%.GROUP AIMS TO INCREASE ITS RECURRING REVENUE AS A PERCENTAGE OF TOTAL REVENUE OVER MEDIUM-TERM.  Full Article

Aveva Says ‍Application Made For Admission Of 97.2 Mln Consideration Shares To Be Issued To Schneider Electric
Wednesday, 28 Feb 2018 

Feb 28 (Reuters) - Aveva Group Plc ::‍APPLICATION MADE TO UK LISTING AUTHORITY, LSE FOR ADMISSION OF 97.2 MILLION CONSIDERATION SHARES TO BE ISSUED TO SCHNEIDER ELECTRIC GROUP​.  Full Article

Aveva Names Craig Hayman As CEO
Thursday, 1 Feb 2018 

Feb 1 (Reuters) - Aveva Group Plc ::APPOINTMENT OF NEW CHIEF EXECUTIVE OFFICER.APPOINTMENT TO ITS BOARD OF CRAIG HAYMAN AS CEO WITH AN EFFECTIVE DATE OF 19 FEBRUARY 2018. CRAIG WILL BE BASED IN UK.‍HAYMAN IS JOINING FROM PTC INC, WHERE HE HAS MOST RECENTLY BEEN CHIEF OPERATING OFFICER.  Full Article

Aveva Says U.S. CFIUS Review Of Schneider Deal Moved To Phase II
Wednesday, 27 Dec 2017 

Dec 27 (Reuters) - Aveva Group Plc ::‍REVIEW PROCEDURE OF COMMITTEE ON FOREIGN INVESTMENTS IN UNITED STATES ("CFIUS") IS STILL ONGOING AND HAS NOW MOVED ON TO PHASE II​.‍PHASE II SHOULD BE NO LONGER THAN 45 CALENDAR DAYS AND CLEARANCE IS EXPECTED TO BE RECEIVED ON OR AROUND 9 FEBRUARY 2018​.  Full Article

AVEVA, Schneider gets all regulatory clearances except CFIUS approval
Friday, 15 Dec 2017 

Dec 15 (Reuters) - Aveva Group Plc ::‍UPDATE RE CLEARANCES & EXPECTED CLOSING TIMETABLE​.CO, SCHNEIDER ELECTRIC ARE CONFIRM ALL OUTSTANDING REGULATORY CLEARANCES REQUIRED AHEAD OF COMPLETION OF COMBINATION HAVE BEEN RECEIVED​.‍APPROVAL OF COMMITTEE ON FOREIGN INVESTMENTS IN UNITED STATES NOT YET RECEIVED; REVIEW PROCEDURE IS ONGOING​.‍AVEVA AND SCHNEIDER ELECTRIC ARE NOT AWARE OF AND DO NOT EXPECT ANY SUBSTANTIVE CFIUS CONCERNS​.‍CFIUS APPROVAL FOR DEAL IS NOT EXPECTED BEFORE VERY LATE DECEMBER 2017 AT EARLIEST, AND MAY EXTEND AS LATE AS MID-FEBRUARY 2018​.‍EXPECTS COMPLETION OF COMBINATION TO OCCUR AT END OF JANUARY OR FEB 2018, SUBJECT TO ANY UNFORESEEN DELAYS IN CFIUS APPROVAL PROCESS​.‍AVEVA IS CONTINUING PROCESS OF SELECTING A CHIEF EXECUTIVE OFFICER FOR COMBINED CO​.  Full Article

Aveva investors back Schneider deal
Friday, 29 Sep 2017 

Sept 29 (Reuters) - AVEVA GROUP PLC ::ALL RESOLUTIONS IN ‍CONNECTION WITH PROPOSED COMBINATION OF AVEVA AND SCHNEIDER ELECTRIC SOFTWARE BUSINESS WERE PASSED ON A POLL AT GENERAL MEETING​.  Full Article

UK software firm AVEVA profit surges, shares hit record high

LONDON Software provider AVEVA said it was confident of meeting its medium-term targets after a 20% rise in annual earnings, driven by demand for the British firm's technology to improve the efficiency of industrial processes.