16th Oct 2024 11:01
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Wednesday.
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AIM - WINNERS
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Feedback PLC, up 62% at 59.30 pence, 12-month range 35.00p-152.92p. The London-based company's shares rise as it announces that it will immediately be able to use funding made possible via the National Health Service reimbursement mechanism. Feedback provides innovative software and systems for use in a clinical setting. Says the Diagnostic Enhanced Advice & Guidance diversions achieved through the Bleepa platform are now eligible for reimbursement under the Elective Recovery Fund. Bleepa is a UKCA-accredited medical app that is used by the NHS. Further, announces a strategic partnership with Moorhouse Consulting as its implementation partner. Moorhouse are practitioners of system implementation and service redesign within the NHS.
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AIM - LOSERS
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Sanderson Design Group PLC, down 16% at 64.10p, 12-month range 58.00p-130.00p. The London-based interior design and furnishings company posts pretax profit for the six months ended July 31 of GBP1.5 million, down 76% from GBP6.2 million a year prior. Revenue falls 11% to GBP50.5 million from GBP56.7 million. Declares an interim dividend of 0.50 pence per share, down from 0.75p last year. Chair Dianne Thompson says: "Trading conditions at the start of the second half have been more challenging than expected in almost all territories, particularly in the UK and Northern Europe. Total brand product sales for the first eight months of the current financial year are down 10%, which compares with being 9% lower for the first 22 weeks of the financial year as announced on June 27. Delivery of the board's expectations is reliant on a projected improvement in trading during the remainder of the financial year, which includes our important pre-Christmas selling period."
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By Holly Beveridge, Alliance News senior reporter
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