9th Oct 2024 10:58
(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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Hercules Site Services PLC, up 10% at 47.84 pence, 12-month range 23.00p-52.40p. The Cirencester, England-based labour supplier for the UK infrastructure and construction sectors expects revenue and pretax tax profit ahead of market expectations for the year ended September 30. Revenue is expected to rise 24% to GBP105 million from GBP84.7 million. Revenue consensus stands at GBP95.1 million. Pretax profit consensus is at GBP600,000. Pretax profit in financial 2023 was GBP641,321.
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1Spatial PLC, up 6.8% at 58.75p, 12-month range 44.00p-77.00p. The data management software company wins a USD1.4 million deal with the US Forest Service. The five-year pact represents an expansion into the US Department of Agriculture. "The USFS is responsible for managing 193 million acres of national forests and grasslands. The agency requires a more accurate data management solution to meet the increasing demands and complexities of data governance. By implementing 1Spatial's solution, the agency will be able to make informed decisions on critical matters such as forest fire management and the preservation of healthy natural habitats for the nation," 1Spatial says.
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AIM - LOSERS
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Revolution Beauty Group PLC, down 13% at 15.50p, 12-month range 13.02p-37.45p. The London-based cosmetics retailer says total net sales declined 20% to GBP72 million in the six months to August 31 from GBP90 million a year prior. This is driven by the planned simplification of the product portfolio and significant stock clearance activity a year ago. In addition, the company says it will take a one-off, non-cash stock provision of GBP11.3 million in the first half to reflect the net realisable value of remaining old inventory.
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By Eric Cunha, Alliance News news editor
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