7th Jul 2025 11:02
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Monday.
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AIM - WINNERS
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Coral Products PLC, up 29% at 10.00 pence, 12-month range 4.77p-15.50p. The bespoke plastic products maker expects profit "materially above market expectations" for the year ended April 30, despite an "underperformance" in the first half. It expects to report sales of GBP30.5 million, down from GBP30.9 million. "Early trading in FY26 is encouraging, with profitability significantly ahead of budget expectations, supporting confidence in a return to revenue growth and further margin progression," it adds.
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MTI Wireless Edge Ltd, up 6.4% at 47.89p, 12-month range 34.50p-70.90p. The technology company which manufactures antennas for military and commercial use wins contracts from three existing customers. They are for the provision of military antennas worth a total of roughly USD1.6 million.
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AIM - LOSERS
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Eneraqua Technologies PLC, down 38% at 18.05p, 12-month range 18.00p-55.00p. The energy and water efficiency solutions company says it has "experienced significant delays in the receipt of payments" from some clients early in its new financial year. Its prior financial year concluded on January 31. It also cautions that the deferral of some energy projects has "placed significant strain on the company's balance sheet and supply chain". "The company is accordingly managing working capital closely and actively engaging its finance provider through its invoice discount facility, who have been supportive of the company. The company has also engaged advisers to assist in exploring opportunities for additional interim funding should it be required," it adds.
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By Eric Cunha, Alliance News news editor
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Related Shares:
Coral ProductsMti WirelessEneraqua Tech