10th Jun 2025 11:05
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Tuesday.
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AIM - WINNERS
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Filtronic PLC, up 7.0% at 139.16 pence, 12-month range 58.00p-147.00p. The maker of products for aerospace, defence, space and telecommunications industries, expects to top annual revenue expectations after penning a bumper deal with SpaceX. Filtronic announces the award of a follow-on order from the Elon Musk-founded space technology company. The irrevocable order, for the E-band Cerus 32 solid state power amplifiers, is worth USD32.5 million. It is the largest contract award to date with SpaceX, Filtronic says. "This award reflects the strength and continued success of Filtronic's strategic partnership with SpaceX, the leading low Earth orbit technology provider. Consequently, the board is now confident the company will exceed current revenue expectations for FY2026. Given the cadence of orders the company has received, Filtronic continues to invest in its technology roadmap, across a range of products, given the sizeable market opportunity," the company adds.
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Zinc Media Group PLC, up 6.4% at 67.00p, 12-month range 47.80p-89.90p. The television and audio production group reports it has secured a "seven figure commission for filming and event production in the United Arab Emirates". It will "lead the creative process from concept to delivery of a major event for a corporate client", Zinc adds. It is its 10th seven-figure commission, meaning GBP1 million or more, over the past 10 months.
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Zenova Group PLC, up 5.7% at 0.22p, 12-month range 0.17p-1.80p. The fire safety products supplier hails a "proud moment" after winning an order with the All England Tennis & Croquet Club, which hosts the Wimbledon Championships. Zenova will supply its FX 6L fire extinguisher to SRHSE Ltd, the fire health and safety consultant to Wimbledon. "Zenova extinguishers will be deployed across the Wimbledon grounds, particularly in the welfare areas where staff over multiple shifts work in support of food and beverage functions, in security sections, as well as in baggage handling. The single FX series is ideal therefore to cover any of the possible fire-related incidents that are likely to occur over such a diverse collection of work areas," Zenova says. CEO Thomas Melchior adds: "Becoming an integral part of the safety planning for one of Britain's premier events of the season, is a significant endorsement of the efficacy and versatility of our EN-3 certified FX extinguishers to meet the client's safety demands across all potential fire hazards. The demand for our range of extinguishers continues to grow as we penetrate more markets, and awareness increases of our products."
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AIM - LOSERS
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Dekel Agri-Vision PLC, down 9.3% at 1.07p, 12-month range 0.96p-1.65p. The agriculture company, with a focus on west Africa, reports a decline in crude palm oil output and sales volumes. Output falls 23% on-year to 3,369 tonnes in May, while sales are down 14% to 3,404 tonnes. The average CPO price per tonne, however, rises 23% annually to EUR956.
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By Eric Cunha, Alliance News news editor
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Zinc MediaFiltronicZenova GrpDekel Agri