EARNINGS: Kendrick Resources loss narrows; Emmerson CFO to depart
27th Sep 2024 13:56
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - Symphony Environmental Technologies PLC on Monday reported a "turnaround" in financial performance during the first half amid strengthening markets and successful cost cutting. Read More
Symphony Environmental Technologies PLC - Hertfordshire-based biodegradable plastic technology developer - Says that trading in the year-to-date continues in line with recent statements, and that the company's focus remains on accelerating the commercialisation of several projects while still refining costs. Chair Nicolas Clavel emphasises that "many of these opportunities are significant". He adds that "with continuing positive conversations, trials and other factors, the board have confidence that these will be converted in the short to medium term". Read More
Symphony Environmental Technologies PLC - Hertfordshire-based biodegradable plastic technology developer - In 2023 pretax loss narrows to GBP2.3 million from GBP3.0 million a year prior. Revenue nudges up to GBP6.4 million from GBP6.2 million, while administrative expenses reduce to GBP4.1 million from GBP4.8 million. Basic loss per share is 1.18 pence compared to 1.65p. Says: "One of the Group's focuses was to reduce cost, without causing any drag on the sales initiative. This was achieved and continues into 2024." Says gross profit margins stable at 37%. Adds: "With the lower cost structure and higher gross margins, the 2024 outlook shows a much more positive commercial position for the Group compared to recent years." Notes the opportunities for Symphony are "significant" and, whilst taking considerably longer to convert than originally anticipated, a combination of more positive conversations, trials and other factors give the board confidence that these can and will be converted in the short to medium term. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) -Symphony Environmental Technologies PLC on Friday announced a fundraising plan and said its revenue rose in 2023, despite suffering some "delays". Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday. Read More
Symphony Environmental Technologies PLC - London-based manufacturer of biodegradable plastic products - Notes a 2021 report from the US Environmental Protection Agency saying that pro-oxidant plastic masterbatches, of the kind made by the company, "could significantly reduce the persistence of plastic pollution without creating undesired by-products". The report also says that, unlike the single-use plastics commonly used for packaging, pro-oxidant masterbatches more easily break down and degrade, resulting in a smaller ecological footprint. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings and trading updates for London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday. Read More
(Alliance News) - Symphony Environmental Technologies PLC shares rose on Thursday, after it reported higher 2023 revenue and updated markets on its case it brought against the Commission, Parliament & Council of the European Union Read More
Symphony Environmental Technologies PLC - Hertfordshire-based developer of technology to make plastic biodegradable - Enters into an additional convertible loan agreement with Sea Pearl Ventures Ltd. Says the key terms of the loan are similar to the previous GBP1.0 million convertible loan announced in March. Notes that GBP500,000 will be drawn down immediately, and a further GBP500,00 on or before March 31. Interest on the loan will accrue at 7% per year. Read More
(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - Symphony Environmental Technologies PLC on Tuesday said that Yemen has started to enforce an oxo-biodegradable plastic law that it passed in 2010 but was delayed due to the civil war. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - Symphony Environmental Technologies PLC on Thursday said it expects to move back into profitability in the coming months. Read More