Majority shareholder Schneider Electric is considering a bid for industrial software supplier AVEVA (LON: AVV), but no proposal has been made yet.   There were previously bid talks in 2016 and that pushed the share price up to the equivalent of 1488p. In 2017, AVEVA and Schneider Electric decided to combine their industrial software businesses […]

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AVEVA shares were down 0.3% to 2,222p in early morning trading on Wednesday after the company swung to an operating loss of £6.5 million in FY 2022 against an operating profit of £36.6 million in FY 2021. AVEVA mentioned its loss was primarily on the back of the amortisation of intangible assets of £226.1 million […]

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FTSE 100 listed IT company, Aveva (LON:AVV), saw its shares slide on Monday morning, as the company saw half-year revenues slide due to COVID disruption. The company said that revenues are expected to finish at £333 million for the first half period, which it said was ‘broadly in-line’ with the group’s plans, save for FX-related […]

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AVEVA Group PLC (LON:AVV) have seen their shares dip as the firm warned shareholders about trading performance following the outbreak of the coronavirus. Many global business have seen their performances hindered by the breakout of the coronavirus – as global governments and health organizations look to battle and contain the lethal disease. AVEVA are the […]

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