(Alliance News) - The following is a round-up of London-listed company director and manager changes announced in the past week and not separately reported by Alliance News: Read More
Touchstar PLC - Glasgow, Scotland-based supplier of mobile data computing solutions and managed services to a variety of industrial sectors - Expects revenue for calendar 2024 to be below previous expectations, as orders take longer to convert and a "significant" 2024 order is rescheduled for rollout in 2025. Touchstar says customers have returned to "just in time" order placement behaviour rather than "more aggressive" strategies. The company previously expected full-year trading to be second-half weighted, but now anticipates revenue broadly similar to its first half, with "a consequential impact on profits for the year". Revenue for the six months that ended June 30 was GBP3.4 million, down 8.1% from GBP3.7 million the year before. It said its expectations for 2025 remain unchanged, but did not specify what they were. The lowered guidance follows Touchstar's launch of a strategic review in September to assess the company's future. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - Touchstar PLC on Wednesday reported a boost in its 2023 profit and revenue, and said it had paid a final dividend after no payouts the previous year. Read More
(Alliance News) - Touchstar PLC on Monday said it is confident looking ahead to 2024, after seeing revenue and profit jump in the most recent year. Read More
Touchstar PLC - Glasgow, Scotland-based supplier of mobile data computing solutions and managed services to a variety of industrial sectors - Appoints Natasha Rourke, who is currently the firm's financial control, as its new chief financial officer with immediate effect. Read More
(Alliance News) - (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
Touchstar PLC - Glasgow, Scotland-based supplier of mobile data computing solutions and managed services to a variety of industrial sectors - Announces it intends to start paying dividends following its results for the six months ending June 30, which will be announced in September. Touchstar says an interim dividend will be announced of 1 pence per share, and that it will pay a progressive interim and final dividend each year, linked to profitability and at least 2.5 times that covered by adjusted earnings. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
Touchstar PLC - Glasgow, Scotland-based supplier of mobile data computing solutions and managed services to a variety of industrial sectors - Posts revenue of GBP6.7 million for 2022, up 11% from GBP6.1 million in 2021. Pretax profit is GBP422,000, up from GBP207,000. Earnings per share climbs to 6.58 pence, up 64% from 4.02p in 2021. Says recurring revenue growth continues to outpace growth in overall revenue. Looking ahead, Touchstar says it is confident that 2023 will be another good year underpinned by the level of demand and its order book, which stands at GBP1.7 million at year-end. Says it hopes to be in a position to pay dividends in 2023. Read More
(Alliance News) - Touchstar PLC on Monday said it expects annual profit to double and its revenue to be up over 10% in line with market expectations, while expecting earnings before interest, tax, depreciation and amortisation to be ahead of expectations. Read More
Touchstar PLC - Manchester-based supplier of mobile data computing services - Wins substantial order from a "petrochemical distribution client", offering them an upgrade to its latest cloud-based solution. Says contract is worth in excess of GBP1.5 million in the first twelve months, with "subsequent years benefiting from recurring revenues under a multiyear licencing and support agreement". Says contract award reinforces expectations for financial 2022 and financial 2023. Read More
Touchstar PLC - Manchester-based supplier of mobile data computing services - Posts revenue of GBP3.1 million in the six months to June 30, up 6.9% from GBP2.9 million a year ago. Pretax profit doubles to GBP104,000 from GBP52,000. Says order book on June 30 amounted to GBP1.1 million, 71% higher compared to GBP621,000 a year ago, driven by "major projects in the petrochemical sector returning to normal levels having been halted by the pandemic". Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday. Read More
Touchstar PLC - Manchester-based supplier of mobile data computing services - Records revenue growth of 6.9% to GBP3.1 million from GBP2.9 million in the first half of 2022. Recurring revenue rises 18% to GBP1.3 million from GBP1.1 million. Says it recorded "substantially higher" profit in the period. Order book grows 75% to GBP1.1 million from GBP600,000. Attributes performance to positive trends in trading and customer activity that continued throughout the period. Remains focused on delivering full-year results "at least" in line with market expectations. Read More