I5S.F - Interserve plc

Frankfurt - Frankfurt Delayed price. Currency in EUR
0.817
-0.024 (-2.854%)
As of 9:14AM CEST. Market open.
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Previous close0.841
Open0.870
Bid0.786 x 62700
Ask0.810 x 61200
Day's range0.786 - 0.870
52-week range0.718 - 4.474
Volume1,000
Avg. volume776
Market cap113.4M
BetaN/A
PE ratio (TTM)-2.06
EPS (TTM)-0.4
Earnings dateN/A
Forward Dividend & YieldN/A (N/A)
Ex-dividend dateN/A
1y target estN/A
  • Reutersyesterday

    Interserve wins 140 million pounds BBC contract extension

    Under the four-year extension, which was first awarded in 2014, Interserve will provide the BBC with facilities management services, the company said in a statement. Interserve has struggled with cost overruns in its energy from waste business, which it decided to exit in August 2016 after delays to a Glasgow contract caused it to book a provision. Many companies trying to generate energy from waste have been forced to make expensive design changes, escalating costs, and Interserve has since had to raise the provision to wind up loss-making contracts.

  • Reuters - UK Focusyesterday

    Britain's Interserve wins 140 mln stg BBC contract extension

    Oct (Shenzhen: 000069.SZ - news) 23 (Reuters) - Interserve (Frankfurt: 860509 - news) , which has issued multiple profit warnings this year, has won a 140 million pound ($185 million) extension to a facilities contract from broadcaster the BBC, the British construction and services company said on Monday. Under the four-year extension, which was first awarded in 2014, Interserve will provide the BBC with facilities management services, the company said in a statement. Interserve has struggled with cost overruns in its energy from waste business, which it decided to exit in August 2016 after delays to a Glasgow contract caused it to book a provision.

  • Reuters - UK Focus4 days ago

    BUZZ-Interserve: rebounds on contract win

    ** UK outsourcer Interserve rises 14.5 pct after winning a £227 mln contract ** Co to provide facilities management to the Department of Work and Pensions ** Stock fell 27 pct on Thursday after a profit ...

  • Reuters4 days ago

    Britain's Interserve wins 227 million pound government contract

    The company said it would provide the DWP estate with mechanical, electrical and building maintenance, along with cleaning, catering and waste disposal services to more than 700 buildings. Interserve said on Thursday it could breach its financing tests, after a further deterioration in trading in its British construction and support services businesses in the third quarter triggered another profit warning.

  • Reuters - UK Focus4 days ago

    Britain's Interserve wins 227 mln stg government contract

    Oct (Shenzhen: 000069.SZ - news) 20 (Reuters) - British construction and services company Interserve (Frankfurt: 860509 - news) said on Friday it had won a five-year facilities management contract worth 227 million pounds ($298 million) for the Department for Work and Pensions (DWP), a day after the company warned it could breach its financing tests. The company said it would provide the DWP estate with mechanical, electrical and building maintenance, along with cleaning, catering and waste disposal services to more than 700 buildings. Interserve said on Thursday it could breach its financing tests, after a further deterioration in trading in its British construction and support services businesses in the third quarter triggered another profit warning.

  • Reuters5 days ago

    British stocks fall as profit warnings bruise IWG, Interserve

    Britain's main share index (.FTSE) fell 0.3 percent on Thursday as a weak third-quarter update from Unilever weighed, while mid- and small-cap trading was marred by profit warnings from IWG and Interserve which slashed their market value by a third. Disappointing retail sales figures sent sterling to a one-week low before recovering, helping the internationally-exposed FTSE reduce earlier losses slightly. Fresh from a record close, the FTSE 250 (.FTMC) ended 0.6 percent lower as workspace group IWG (IWG.L) plummeted 32.2 percent after warning on profit.

  • Reuters - UK Focus5 days ago

    British stocks fall as profit warnings bruise IWG, Interserve

    LONDON, Oct (Shenzhen: 000069.SZ - news) 19 (Reuters) - Britain's main share index fell 0.3 percent on Thursday as a weak third-quarter update from Unilever (NYSE: UL - news) weighed, while mid- and small-cap trading was marred by profit warnings from IWG and Interserve which slashed their market value by a third. Disappointing retail sales figures sent sterling to a one-week low before recovering, helping the internationally-exposed FTSE reduce earlier losses slightly.

  • Interserve shares slump nearly 40% on fresh profit alert
    Sky News5 days ago

    Interserve shares slump nearly 40% on fresh profit alert

    Shares (Berlin: DI6.BE - news) in crisis-hit construction and support services company Interserve (Frankfurt: 860509 - news) have plunged by nearly two-fifths after it issued a fresh profit warning. The group - which employs 80,000 people around the world and has a raft of key contracts from cleaning to school meals - said trading had seen a slowdown in the third quarter. Interserve admitted earlier in the week that it was in discussions with its lenders - after Sky News revealed that the banks had drafted in advisers amid growing fears about the state of its finances.

  • Reuters5 days ago

    Interserve may breach covenants after trading downturn

    Interserve (IRV.L) warned on Thursday it could breach its financing tests after a further deterioration in trading in its British construction and support services businesses in the third quarter triggered another profit warning. The company's shares had crashed more than 50 percent last month after it issued a profit warning. Interserve has struggled with cost overruns in its energy-to-waste business and delays in a Glasgow contract.

  • Reuters - UK Focus5 days ago

    Interserve may breach covenants after trading downturn

    LONDON, Oct (Shenzhen: 000069.SZ - news) 19 (Reuters) - Interserve (Frankfurt: 860509 - news) warned on Thursday it could breach its financing tests after a further deterioration in trading in its British construction and support services businesses in the third quarter triggered another profit warning. The company's shares had crashed more than 50 percent last month after it issued a profit warning. Interserve has struggled with cost overruns in its energy-to-waste business and delays in a Glasgow contract.

  • Reuters8 days ago

    Interserve in talks with banks after profit warning

    (Reuters) - British support services and construction company Interserve Plc (IRV.L) said it was in talks with its banks to provide clarity on its current trading after warning on profits last month. Shares ...

  • Reuters - UK Focus8 days ago

    UK's Interserve in talks with banks after profit warning

    Oct (Shenzhen: 000069.SZ - news) 16 (Reuters) - British support services and construction company Interserve Plc (Frankfurt: 860509 - news) said it was in talks with its banks to provide clarity on its current trading after warning on profits last month. HSBC, RBS and EY could not immediately be reached for a comment. The company said that work was under way to "provide greater clarity" on Interserve's current trading and waste-from-energy provision.

  • Lenders to crisis-hit Interserve‎ hire advisers after profit alert
    Sky News9 days ago

    Lenders to crisis-hit Interserve‎ hire advisers after profit alert

    Lenders to the crisis-hit construction and support services group Interserve (Frankfurt: 860509 - news) have drafted in advisers amid growing fears about the state of its finances. Sky News has learnt that a consortium of high street banks, including HSBC and Royal Bank of Scotland (LSE: RBS.L - news) (RBS), hired EY last week in the wake of a massive profit warning from Interserve. The appointment of ‎a top professional services firm will raise concerns that Interserve, which has contracts include managing the Salisbury Plain military training base for the Ministry of Defence, could be facing a financial restructuring similar to that of rival Carillion (Frankfurt: 924047 - news) .

  • Fool.co.uk21 days ago

    Is Interserve plc’s 65% share price slump set to continue?

    Should you buy or avoid Interserve plc (LON:IRV) after its 65% slump?

  • Fool.co.uk23 days ago

    There are bargains to be found in vicious markets

    We could well be in for a period when these abrupt share price crashes become much more prevalent.

  • Fool.co.uk25 days ago

    Is Interserve plc seeing a ‘dead cat bounce’ after rising 50% in a fortnight?

    Harvey Jones says Interserve plc (LON: IRV) is showing signs of life but it will be some years before it can really bare its teeth again.

  • Fool.co.uklast month

    Why I’d dump Interserve plc to buy this market-beater

    This top growth stock is a great portfolio replacement for failing Interserve plc (LON: IRV).

  • Reuters - UK Focuslast month

    Interserve names finance chief as pursues turnaround

    British support services and construction company Interserve has appointed Mark Whiteling, a former head of finance at engineering supplies group Premier Farnell, as its new finance chief, days after a ...

  • Reuters - UK Focuslast month

    Interserve names Mark Whiteling as CFO

    British support services and construction company Interserve said on Monday it had named Mark Whiteling as chief financial officer, days after it cut full-year revenue and earnings expectations. Interserve ...

  • What's behind Interserve's gloomy outlook?
    Sky Newslast month

    What's behind Interserve's gloomy outlook?

    It was once a sector beloved of investors. From the late 1990s onwards, as both central and local government sought to outsource more and more of their activities to private sector contractors, support services was seen as a sector that could do no wrong and that offered huge scope for growth. Today saw another horror story from the sector as Interserve (Frankfurt: 860509 - news) saw its share price more than halve following a profits warning.

  • Reuters - UK Focuslast month

    Interserve shares slump as firm warns on trading in Britain

    Shares in Britain's Interserve crashed more than 50 percent after it warned of lower annual earnings on Thursday, showing the challenge its new boss faces at a business hit by the cost of winding up loss making waste-to-energy contracts. The construction and services company said "complexities of completion" meant final costs associated with its exit from the waste-to-energy business would exceed a previous 160 million pound ($213 million) provision. Interserve (Frankfurt: 860509 - news) decided to exit the business in August 2016, after struggling with cost overruns and delays in a Glasgow contract.

  • Fool.co.uklast month

    Is Interserve plc a falling knife to catch after dropping 45% today?

    Does Interserve plc (LON: IRV) have turnaround potential?

  • Reuters - UK Focuslast month

    Interserve warns about trading in Britain, higher costs

    British support services and construction company Interserve (Frankfurt: 860509 - news) said trading in its domestic market in July and August had been disappointing and it expected full-year revenues and earnings to be significantly below its previous expectations. Interserve, whose activities range from providing care services to people in their homes to repairing Britain's Sandhurst military academy, said trading had been disappointing in its support service and construction units. Interserve blamed "the anticipated timing and complexities of completion" for the higher costs.

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