8th Jul 2022 10:30
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.
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AIM - WINNERS
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Tekmar Group PLC, up 83% at 11.15 pence, 12-month range 5.65p-59.00p. The firm has won a "significant" new pact to provide an integrated engineering solution for an offshore wind farm project in Japan. The contract is to be delivered in 2023. The Darlington, County Durham-based offshore energy services firm, which recently launched a formal sales process, says the award is an "important strategic milestone".
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GreenRoc Mining PLC, up 7.3% at 5.90 pence, 12-month range 5.00p-10.95p. The company receives an additional exploration license from government of Greenland for its Amitsoq graphite project. The award includes a southerly extension to the Kalaaq deposit.
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AIM - LOSERS
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Science in Sport PLC, down 23% at 35.00p, 12-month range 30.00p-82.00p. The sports nutrition firm says revenue growth in the first half of 2022 was slower than expected. Revenue for the half-year period climbed 12% year-on-year. It expects growth to improve in the second half, due to "improved pricing" and as investments in its brands and digital channels start to pay off.
It also adds that it expects to be hit by GBP3.2 million of costs or margin loss, based on its current assessment of external factors. "This includes raw material price increases, fuel and logistics costs, people retention costs, and closure of our Russian business," the company explains.
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By Eric Cunha; [email protected]
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