EARNINGS: Sanderson Design swings to loss; Videndum loss widens
30th Apr 2025 16:19
(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings by 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 among London Main Market small-caps on Wednesday. Read More
Videndum PLC - London-based provider of hardware and software for broadcasters, film studios and other media content creators - Expects 2024 results to be in line with guidance provided in its trading update in December. Its prior forecast included GBP280 million in full-year revenue, down 8.8% from GBP306.9 million in 2023, and a GBP25 million exceptional charge against its adjusted continuing operating profit. Videndum expects to reset all future covenants under its revolving credit facility. It says discussions are progressing positively with the lending banks, and it is also progressing work towards the refinancing of the facility, which is set to expire in August 2026. Videndum will release its full-year results on April 30. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday. Read More
(Alliance News) - Rights & Issues Investment Trust PLC on Friday said the UK government budget back in autumn was "relatively benign" but did damage to confidence, which reflected in equity performance. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday. Read More
(Alliance News) - Videndum PLC on Friday said its banks remain "supportive" as talks on refinancing continue, amid some encouraging signs in its markets. Read More
(Alliance News) - London's FTSE 100 is set for a tepid open, continuing a rough week for the blue-chip benchmark, and following the lead of US stocks which fell overnight. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday. Read More
(Alliance News) - Headlam Group PLC on Friday said it has sold three properties for a total of nearly GBP54 million in a simplification drive, and it announced the retirement of its chair. Read More
Videndum PLC - London-based provider of hardware and software for broadcasters, film studios and other media content creators - Says it expects GBP280 million in full-year revenue, adding that the recovery in its markets has been "slower than expected". Anticipates a GBP25 million exceptional charge against its adjusted continuing operating profit. Before this one-off charge, expects to break-even. Says lending banks remain supportive of the business and that it is "seeing some signs of gradual improvement" in the markets, which it expects to benefit trading in the first half of 2025. Expects around GBP135 million in net debt at the year's end, including about GBP30 million in lease liabilities. Lending banks have amended its December covenants to an interest cover of at least 1.25 times earnings before, interest, tax, depreciation and amortisation and leverage of at least 5.5 times Ebitda. Videndum's revolving credit facility expires in August 2026, but it is "actively working" with lenders to secure an extension or refinancing during the first half. Also, Videndum says it is 80% through implementation of its GBP10 million strategic cost-saving programme, though "minimal" savings will be realised from this for the current year. Read More
Videndum PLC - London-based provider of hardware and software for broadcasters, film studios and other media content creators - Says it expects GBP280 million in full-year revenue, adding that the recovery in its markets has been "slower than expected". Anticipates a GBP25 million exceptional charge against its adjusted continuing operating profit. Before this one-off charge, expects to break-even. Says lending banks remain supportive of the business and that it is "seeing some signs of gradual improvement" in the markets, which it expects to benefit trading in the first half of 2025. Expects around GBP135 million in net debt at the year's end, including about GBP30 million in lease liabilities. Lending banks have amended its December covenants to an interest cover of at least 1.25 times earnings before, interest, tax, depreciation and amortisation and leverage of at least 5.5 times Ebitda. Videndum's revolving credit facility expires in August 2026, but it is "actively working" with lenders to secure an extension or refinancing during the first half. Also, Videndum says it is 80% through implementation of its GBP10 million strategic cost-saving programme, though "minimal" savings will be realised from this for the current year. Read More
(Alliance News) - Stock prices in London were down at midday on Monday, while in corporate news Videndum shares fell after its trading update disappointed. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday. Read More
Videndum PLC - London-based hardware and software for broadcasters, film studios and other content creation - Names Sean Glithero as chief financial officer, with immediate effect. Sean Glithero has previously been CFO of Auto Trader Group PLC, Funding Circle Holdings PLC, Matchesfashion and, most recently, Asos PLC. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More