(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
Pantheon International PLC - Exeter, England-based private equity investment trust - Net asset value was 491.9 pence per share as of June 30, up 0.2% from 490.5p from a month before. Reports the firm invested GBP3.5 million in share buybacks during the month, acquiring 1.1 million shares at a weighted average price of 322.6p per share. Additionally, notes GBP25 million of new commitments, including a GBP11.1 million co-investment in London & Capital, and a GBP13.9 million primary commitment to HIG Capital Partners VII. Read More
(Alliance News) - London's FTSE 100 nursed modest losses at the close on Wednesday, despite heavy falls in US markets, as figures showed UK business activity remained strong in July. Read More
Volution Group PLC - Crawley, England-based energy-efficient indoor air quality solutions firm - Expects over 7% annual revenue growth in year ending July 31. Reports that UK residential revenue has grown strongly due to heightened awareness of health risks associated with mould and condensation. However, notes a weak half for UK commercial amidst a "challenging" economic backdrop. Says growth has been driven by acquisitions in Europe and Australasia, and will begin the new year with "ample headroom for further earnings accretive acquisitions". Read More
Volution Group PLC - Crawley, England-based energy-efficient indoor air quality solutions firm - Expects over 7% annual revenue growth in year ending July 31. Reports that UK residential revenue has grown strongly due to heightened awareness of health risks associated with mould and condensation. However, notes a weak half for UK commercial amidst a "challenging" economic backdrop. Says growth has been driven by acquisitions in Europe and Australasia, and will begin the new year with "ample headroom for further earnings accretive acquisitions". Read More
Getech Group PLC - Leeds, England-based geo-energy and green hydrogen location company - Launches comprehensive data package in support of mineral exploration in Zambia. Explains that the launch is a response to commercial requests, and follows the Zambian government's decision to rationalise exploration licences. The data package is designed to support companies looking to apply for new licenses in order to explore Zambia's mineral rich subsurface. Read More
Nexteq PLC - Cambridge-based technology products provider for gaming and broadcast industries - Announces that Non-Executive Chair Francis Small, Chief Executive Officer Jon Jayal, and Chief Financial Officer Johan Olivier, have all decided to step down, and will leave the company in the coming months. All three will continue in their roles until successors have been identified. Nexteq adds that processes are already underway to choose successors for these roles, and it expects to announce the new independent non-executive chair shortly. Read More
(Alliance News) - First Class Metals PLC on Wednesday said it has launched the next stage of development at the Dead Otter trend at North Hemlo with immediate effect, after upgrading the target to high profile status. Read More
(Alliance News) - FRP Advisory Group PLC on Wednesday emphasised the strength of its business model and strategy, after seeing both earnings and revenue increase over the course of the financial year. Read More
(Alliance News) - Versarien PLC on Wednesday said it has raised GBP550,000 to support the development of its Cementene admixture. Read More
Alfa Financial Software Holdings PLC - London-based provider of software for the asset finance industry - says trading in the second quarter that ended June 30 was in line with its expectations. In the first six months of the year, subscription revenue continued to grow, with high teens growth to that of the comparative period. Software revenue was significantly lower than last year due to the focus on investment in Alfa Systems 6 functionality. Services revenue was also down on last year. However, the firm remains confident for the second half of the year, and still expects mid to high single digit revenue growth. Read More
(Alliance News) - Coral Products PLC on Wednesday said that it has sold a factory site in Runcorn, England for GBP1.2 million. Read More
(Alliance News) - Cap-XX Ltd on Wednesday said it has signed an accord with National University of Singapore's Institute for Functional Intelligent Materials to advance new technology research & development. Read More