16th Sep 2024 11:13
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Monday.
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AIM - WINNERS
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Synectics PLC, up 15% at 233.66 pence, 12-month range 92.40p-239.45. The security and surveillance systems firm expects results for the year ending November 30 to be "materially ahead of market expectations". "The company is pleased to confirm that trading in the third quarter of the year was positive, with continued momentum across its key markets," it adds. It expects its underlying pretax profit to be materially ahead of market expectations. It puts market expectations for adjusted pretax profit at GBP3.5 million. Revenue expectations stand at GBP52.9 million.
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AIM - LOSERS
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Chariot Ltd, down 48% at 1.65p, 12-month range 1.36p-17.45p. The Africa-focused transitional energy company says the Anchois-3 Main Hole has been plugged and abandoned, without flow testing. Chief Executive Officer Adonis Pouroulis says: "The Anchois East drilling campaign has evaluated all of the pre-drill reservoir targets, however results have not delivered as anticipated or in line with the excellent results of the previously drilled Anchois-2 well."
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Facilities by ADF PLC, down 1.1% at 54.67p, 12-month range 45.00p-61.70p. The provider of serviced production facilities to UK film and television industry reports weaker half-year earnings but says "market conditions began to normalise". Revenue in the six months to June 30 falls 30% to GBP15.2 million from GBP21.8 million. It posts a pretax loss of GBP796,000, swinging from profit of GBP2.7 million.
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By Eric Cunha, Alliance News news editor
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