25th Jun 2025 10:16
(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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Sanderson Design Group PLC, up 12% at 51.00 pence, 12-month range 38.00p-105.00p. The interior design and furnishings group reports reports that pressure on order intake from tariff announcements eases. "Order intake has improved so far in June compared with the same time last year," Chair Dianne Thompson will say at the firm's annual general meeting. "Geographically, this improvement has been seen across the UK, USA and Northern Europe though we remain cautious given the pace of recent macro-economic events." Cost-saving moves at factories were implemented earlier this year. Thompson says Sanderson's "manufacturing operations are on track to achieve around break-even for the current financial year". "We continue to focus on identifying further cost-saving measures across the Group in view of the ongoing market uncertainty," the chair adds.
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Bezant Resources PLC, up 9.2% at 0.032 pence, 12-month range 0.017p-0.043p. The copper and gold exploration company with projects in Namibia, Argentina and the Philippines has been awarded a formal mining certificate at the Hope & Gorob asset. Namibia's Ministry of Mines & Energy issues a mining certificate for Licence ML 246, valid until the end of March 2040. The certificate has been issued to Hope & Gorob Mining Pty Ltd, 70% owned by Bezant.
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AIM - LOSERS
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Marks Electrical Group PLC, down 7.9% at 58.00p, 12-month range 48.00p-77.00p. The online electrical retailer reports a revenue rise but a swing to loss during a "challenging" year. In the year to March 31, it reports a pretax loss of GBP1.7 million, swinging from profit of GBP616,000. Revenue rises 2.6% to GBP117.2 million from GBP114.3 million. "During a challenging year for the group and in a market where consumers continue to remain price conscious, I am proud of the strategic and operational progress we have made," Chief Executive Officer Mark Smithson says. Revenue in the first quarter of the new year has weakened, "given the strong growth" from 12 months prior. Marks notes a decision "to move away from entry-priced products" led to the weaker revenue.
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By Eric Cunha, Alliance News news editor
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Related Shares:
Sanderson Design GroupBezant ResMarks Electric