2nd Nov 2026 20:31
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday and not separately reported by Alliance News:
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Kier Group PLC - Salford, England-based infrastructure services, construction and property group - KierBAM joint venture, a partnership between Kier Group and BAM Nuttall, the UK civil engineering arm of Dutch construction group Royal BAM, announces its appointment by Babcock International Group PLC, on behalf of the Ministry of Defence's Defence Nuclear Enterprise, to support the delivery of an around GBP600 million programme of works at Devonport Royal Dockyard's 10 Dock in Plymouth. The upgraded 10 Dock facility will provide vital enhancements to strengthen the UK's defence resilience by improving Devonport's capability to support the maintenance and availability of current and future submarine fleets. Works include major civil infrastructure, including a water retaining boundary structure and nuclear licensed components, alongside extensive engineering works. This includes the construction of buttresses, new subways, and in-situ subway structures, plus the installation of rock anchors, dowels, reinforcement and a multi-tonne caisson.
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Public Policy Holding Co Inc - Washington, DC-based group of advisory firms, specialising in government affairs and public relations - Enters into a new USD105 million senior secured credit facility with a US commercial bank. The facility comprises a USD65 million term loan and a USD40 million revolving credit facility. PPH intends to seek commitments from additional lenders through a syndication to increase the facility to an aggregate USD150 million. It may include an additional uncommitted accordion option of up to USD50 million. Syndication is being undertaken on a best-efforts basis and is currently anticipated to close in January 2027. "This new facility strengthens our financial position and provides additional capacity to execute our growth strategy while maintaining a disciplined approach to leverage and capital allocation," says Chief Executive Stewart Hall. Proceeds will be used to refinance existing debt, fund acquisitions including an immediate drawdown to fund the initial cash consideration for the acquisition of Reevemark LLC, also announced on Monday. PPH says the up to USD80 million purchase of New York-based strategic communications firm Reevemark includes an initial USD28.0 million payment and additional consideration of up to USD52.0 million. Says the deal creates "clear and immediate" cross-selling opportunities. CEO Hall comments: “Reevemark is a game-changing acquisition for PPHC. Together with TrailRunner International and Tancredi, it positions PPHC as a global leader in litigation communications - one of the fastest-growing areas of our market - and adds market-leading expertise in transactions, shareholder activism, crisis and restructurings. This acquisition continues our strategy of accelerating growth through earnings-accretive acquisitions of complementary businesses in high-growth markets. Our pipeline remains strong, and we maintain significant liquidity to deliver on our growth ambitions and create long-term shareholder value.
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Pantheon International PLC - investment trust providing exposure to private equity-backed companies - Agrees to extend its multi-currency revolving credit facility, which was due to expire in October 2029, to October 2030. The facility continues to be sized at around GBP400 million equivalent commitment and retains the flexibility to be increased up to GBP700 million under the existing structure, subject to the consent of the participating lenders.
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Ixico PLC - London-based medical research company, focused on analysing trial data using neuroscience imaging and biomarkers - Wins a global Phase 3 clinical trial contract in Huntington's disease with an unnamed international biotechnology company. Says the contract is worth GBP2.7million in revenue over the next six years. "This contract...demonstrates our continued progress in strengthening our order book through an increasing contribution from later-stage clinical trials, providing long-term revenue visibility and supporting our growth ambitions," says Chief Executive Bram Goorden. Ixico says it is the second Phase 3 HD contract that it has been awarded over the past 12 months, reinforcing "its position as a trusted partner to biopharma companies". The award follows the announcement in late October of two contract wins in Alzheimer's disease.
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Plexus Holdings PLC - gas, oil and renewable energy projects focused on the UK & Netherlands - Announces that its HG-R wellhead integrity system has successfully qualified with Abu Dhabi National Oil Co. Plexus calls this a "significant milestone", as "securing approval can unlock high-value opportunities for supplying to ADNOC and other operators in the UAE and the region who use the same licence approval system." Plexus estimates the target market in the UAE at GBP10 million per annum and will now work with ADNOC to identify a trial well opportunity in the coming months. If successful, this could lead to orders for additional wells during the next financial year and beyond, Plexus says. "Qualification with an operator of ADNOC's calibre is a strong endorsement of our products and company, and we are confident that the region will be a key contributor to Plexus’ growth as activity recovers and projects move forward," says Chief Executive Craig Hendrie.
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Quadrise PLC - London-based energy company - Updates on its project with Valkor Technologies LLC in Utah. Valkor now expects to pay USD300,000 of the outstanding USD950,000 site licence fee balance, which was due by Saturday, in early November 2026. Expects the remaining USD650,000 balance to be paid upon completion of Valkor's ongoing fundraising process in the fourth quarter. Says preparations for deployment of its 600 barrels per day multifuel manufacturing unit continue, with shipment and mobilisation on site planned following receipt of the outstanding licence fee balance.
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Cap-XX Ltd - Sydney-based designer and manufacturer of super capacitors and energy management systems - Pretax loss narrows to AUD2.8 million in the financial year ended April 30 from USD3.9 million the year prior as revenue rises to AUD5.3 million from AUD4.9 million. Earnings before interest, tax, depreciation and amortisation loss reduces by 33% to AUD2.0 million from AUD3.0 million. Orders received increase 35% to AUD6.71 million and the total order backlog grows 26% to AUD3.42 million. Post year-end, says [first quarter] revenue increases by 25% to AUD1.3 million from AUD1.0 million on-year, orders rise by 66% to AUD2.1 million from AUD1.3 million on-year, and [financial 2027] backlog grows by 23% to AUD4.2 million from July 1 to September 30. "In summary, having materially reduced losses and strengthened demand, our focus in [financial 2027] is to increase revenue and continue our progress towards break-even," Cap-XX says.
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GS Chain PLC - London-based investment company which invests in real estate, fintech, automotive and blockchain technologies related companies - Loss balloons to GBP431,631 in the financial year ended April 30 from GBP217,613 the year prior. Basic & diluted LPS amount to 0.11 pence versus 0.05p. Higher loss reflects increased administrative expenses due to being involved an abortive reverse takeover deal. Says cash and cash equivalents were sufficient to support ongoing acquisition search, reverse takeover initial due diligence and corporate compliance activities and notes it intends to raise further funding through a GBP4 million convertible loan note instrument. Intends to continue to look at ways to reduce and pay down historical liabilities, and continues to monitor expenditure closely.
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Vast Resources PLC - acquiring 49% stake in joint venture with government of Tajikistan that owns four gold mines, a processing plant, and two tailings deposits in northern Tajikistan - Pretax loss mounts to USD10.5 million in the financial year ended April 30 from USD6.6 million the year prior although revenue increases to USD836,000 from USD484,000. Non-Executive Chair Brian Moritz says he intends to retire from the board by the end of this calendar year. Increased losses reflect a significant increase in other administrative and overhead expenses to USD6.9 million from USD3.2 million. "The increase is due to transaction costs associated with the reverse takeover of Gulf which completed after the year end and an environmental regulatory penalty that the company is disputing."
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AdvancedAdvT Ltd - London-based owner of software for business solutions, healthcare compliance, and human capital management businesses - Pretax profit from continuing operations increases to GBP9.6 million in the six months ended August 31 from GBP4.7 million the year prior. Revenue increases by 13% to GBP28.8 million from GBP25.4 million. Recurring revenue is GBP23.8 million, 83% of total revenues versus GBP20.6 million and 81% a year ago. Basic EPS is 5.99 pence against 2.17p. "We have a strong financial position and remain focused on disciplined execution, while continuing to identify acquisition opportunities that complement the group and enhance long-term growth," company says.
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Croma Security Solutions Group PLC - Whiteley, England-based security services provider - Pretax profit falls to GBP607,000 for the financial year ended June 30 from GBP825,000 the year prior, but revenue increases to GBP11.0 million from GBP9.6 million, reflecting acquisitions made during the year as well as organic growth within the core businesses of 4.6%. Gross margin declines to 41.6% from 43.4%. Proposed final dividend of 2.5p per share, up from 2.4p. Says trading in FY27 is on track, with the newly acquired businesses performing well and a strong pipeline of further acquisition opportunities. Chief Executive Roberto Fiorentino says: "With a strong balance sheet, the anticipated revenue contribution from our recent acquisitions and a healthy pipeline of further acquisition opportunities, Croma is well placed to grow its recurring revenue base and deliver sustainable long-term growth."
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By Jeremy Cutler, Alliance News reporter
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KierBabcockPublic PolicyPantheon InternationalIxicoPlexusQuadriseCAP-XXGs ChainVast ResourcesAdvancedadvtCroma Security