(Alliance News) - Workspace Group PLC should conduct a strategic sale of its assets, Saba Capital Management Ltd claimed in an open letter sent last week and published on Tuesday. Read More
(Alliance News) - Stock prices in London closed mostly lower on Tuesday, following news of slowing US core inflation and a raised forecast from the World Bank. Read More
Metir PLC - York, England-based company focused on water testing services - Says trading in 2025 was in line with its own expectations, boosted by increased international demand for Microtox LX instruments, Microtox reagents and sulphate reducing bacteria kits. Metir expects to report revenue of GBP1.5 million for 2025, up sharply from GBP232,000 in 2024. Further, its cash balance as at December 31 is expected at just above GBP1.0 million, following a GBP1.0 million fundraise it completed in December. Executive Chair Bob Moore says that the firm's underlying momentum in the business "is encouraging for sales growth throughout 2026." He adds: "With enhanced funding in place, a growing installed base of instruments and an expanding international pipeline, we enter this year with increased confidence. The board believes the actions taken during 2025, including further product development, provide a solid foundation for accelerating production of the group's instrumentation and reagents, driving revenue growth and progressing towards sustainable profitability." Read More
Mission Group PLC - Devon, England based owner of a group of digital marketing and communications agencies - 2025 revenue and profit come in below market expectations of revenue of GBP73.0 million and operating profit of GBP8.5 million after project delays push some completions into 2026, though underlying trading remains resilient. The group expects financial 2025 revenue of GBP68.0 million, compared to GBP87.7 million revenue and GBP75.9 million headline revenue in 2024. Further, it expects headline operating profit of GBP5.1 million, down 35% from GBP7.9 million in 2024 and reflecting delays to certain large projects, particularly within its integrated consumer marketing agencies. Mission CEO John Carey says: "We have not been immune from the impact of uncertainty on Client decision-making, which impacted our financial 2025 result. But I am encouraged by the resilience of our underlying performance and the outcomes of our strategy review as we look into 2026 and beyond." Net bank debt improves to GBP9.0 million at December 31, down from GBP9.5 million a year earlier, with total debt reduced to GBP10.3 million following strong cash conversion. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - Taseko Mines Ltd on Tuesday said construction at its Florence copper project is now complete, with commissioning of the SX/EW plant set to begin shortly, as it also reported higher copper output at its Gibraltar mine in the second half of 2025. Read More
Petra Diamonds Ltd - South Africa and Tanzania-focused diamond miner - Recovers a 41.82-carat type IIb blue diamond of seemingly exceptional colour and clarity at its Cullinan Mine in South Africa. The company is analysing the stone and assessing the preferred method of sale, with further updates on marketing to follow. Read More
Rainbow Rare Earths Ltd - developer of the Phalaborwa rare earths project in South Africa and the Uberaba project in Brazil - Stock rises after the company announces the start of pilot-scale operations as the final phase of process test work for Phalaborwa. Includes primary flowsheet pilot operations in Johannesburg and delivering the bulk feed sample for off-site solvent extraction test work, confirming the process to deliver separated neodymium and praseodymium oxide and SEG+ products at over 99.5% purity. The SEG+ group is a mix of medium and heavy rare earths. Rainbow says the project will be the first commercial recovery of rare earth elements from phosphoric acid production waste product phosphogypsum. Pilot operations will also provide data underpinning the definitive feasibility study, "including process flowsheet development, mass balance, equipment sizing and capital and operating costs". Read More
(Alliance News) - Shuka Minerals PLC said on Tuesday it will raise GBP3 million to help fund its projects in Zambia and Tanzania, and indicated it is on track to conclude its acquisition of Leopard Exploration & Mining Ltd in Zambia. Read More
(Alliance News) - Itaconix PLC on Tuesday saw its shares rise as it reported strong full-year revenue growth, underpinned by a "record" half-year performance. Read More
(Alliance News) - Brave Bison Group PLC on Tuesday announced jumps in revenue and adjusted earnings for the full year. Read More
(Alliance News) - Stock prices in London were mixed at midday on Tuesday, with the FTSE 100 edging lower, as JPMorgan kicked off the earnings season and investors looked ahead to US inflation data. Read More
(Alliance News) - Eagle Eye Solutions Group PLC on Tuesday said it has inked a "major" multi-year contract with New Jersey-based retailer-owned supermarket cooperative, Wakefern Food Corp. Read More
(Alliance News) - SIG PLC on Tuesday said it expects to report higher profit for 2025, in line with market expectations amid an ongoing cost reduction programme. Read More
(Alliance News) - Thor Explorations Ltd on Tuesday celebrated record fourth quarter revenue on the back of a sharply higher gold price, which easily offset a dip in the amount of gold poured. Read More