6th Oct 2022 10:51
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.
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AIM - WINNERS
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Victorian Plumbing Group PLC, up 19% at 42.20 pence, 12-month range 33.50p-245.00p. The bathroom retailer says its revenue, earnings and cash flow topped market expectations in the year ended September 30. Revenue in the second half alone rises 5% annually. "Against a wider bathroom market that is down year-on-year, this establishes Victorian Plumbing's position as the No. 1 bathroom retailer in the UK," it says.
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Amte Power PLC, up 12% at 73.00 pence, 12-month range 54.00p-205.00p. The lithium-ion and sodium-ion battery cells manufacturer signs a framework contract with the UK Battery Industrialisation Centre. Amte will produce up to 60,000 power cells per year for the high power automotive and fuel cell electric vehicle markets.
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AIM - LOSERS
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Image Scan Holdings PLC, down 19% at 1.10p, 12-month range 0.90p-3.50p. The X-ray imaging systems provider said annual profit and revenue will be below market expectations. This is due to contract slippage into next year, amid government contract as well as component supply issues hitting its product ranges.
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N Brown Group PLC, down 12% at 21.51p, 12-month range 18.75p-51.45p. The Jacamo owner's revenue falls 4.6% to GBP331.5 million in the half-year ended August 27, from GBP347.4 million a year prior. Pretax profit plunges 75% to GBP7.2 million from GBP28.4 million.
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By Eric Cunha; [email protected]
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