New South West Business Tracker - Updated July 2012

economy@swo.org.uk

We've just updated the South West Business Tracker - highlighting the share performance and trading conditions for some of the most significant businesses in the South West.

In this month's update:

Autlogic Holdings - the share price continued to rise whilst speculation continued regarding its proposed takeover by Stobart Group. The takeover proposal has now been accepted by Autlogic and the company will be delisted from the stock market in due course.
 
Helphire - the price has dropped due to some volatility in its share price performance, with large 'spreads' (the difference between the 'bid' and 'ask' for a stock). It may have been affected by some negative sentiment regarding the car insurance market.
 
Punch Taverns - its share price suffered as the pub owner confirmed that the wet spring/early summer has affected sales.
 
Synergy Health - its stock performed well during June as it reported a strong set of results. It also announced the acquisition of U.S. based SRI/Surgical Express Inc to expand its reach in the large US healthcare market.