9th Dec 2025 13:27
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
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Great Southern Copper PLC - Focused on copper-gold-silver exploration in Chile - Reports a widened first-half pretax loss of GBP1.2 million, from GBP1.0 million a year earlier, but says it "significantly advances" its Cerro Negro and Viuda Negra prospects in Chile. At Cerro Negro, high-grade copper and silver intercepts from phase I and II drilling extend the mineralised strike of the Mostaza system by a further two kilometres, while geophysical work identifies new priority drill targets. Phase III drilling is underway with multiple rigs stepping out along the Mostaza Fault Zone. At Viuda Negra, initial drilling confirms a new porphyry gold system measuring 1.2 kilometres by 0.8 kilometres, with broad zones of mineralisation intersected. Post-period, the company raises GBP2.5 million to fund its ongoing programmes. Chief Executive Officer Sam Garrett says: "This has been another strong period for Great Southern Copper, with our exploration programmes delivering excellent progress and results across the Especularita project. The continued success at Cerro Negro, where high-grade copper and silver mineralisation has now been intersected over an expanding footprint, reinforces our confidence in the potential scale of this system."
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Aberdeen Equity Income Trust PLC - London-based trust investing in UK-quoted companies - Posts a "strong" year to September 30, with NAV per share rising 14% to 377.8p from 331.5p, and delivering a 22% NAV total return, up from 13% a year prior and well ahead of the FTSE All-Share return of 16%. The trust reports a zero premium to NAV, compared with a 3% discount a year earlier, and lifts its annual dividend 0.4% to 23.00p from 22.90p, marking a 25th consecutive year of dividend growth. Revenue earnings per share edge up 1.6% to 23.43p from 23.05p. The trust says it continues to see value in UK equities, highlighting its flexible and balanced portfolio spanning large-cap global names and domestically exposed mid and small caps. Chair Sarika Patel says disciplined stock selection and a focus on "change" underpin performance, while fiscal uncertainty in the UK may create new opportunities among mispriced companies.
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Ixico PLC - London-based medical research company, focused on analysing trial data using neuroscience imaging and biomarkers - Posts higher revenue for financial 2025 as its Innovate-Lead-Scale strategy drives renewed growth, though losses widen. The company reports a 13% rise in revenue to GBP6.5 million in the year to September 30 from GBP5.8 million, while its pretax loss widens to GBP2.4 million from GBP2.1 million. Ebitda losses narrow by 20% to GBP1.3 million from GBP 1.7 million as operational leverage improves and gross margin rises to 49%. The order book strengthens markedly after year-end, rising to GBP17.7 million by November 30, up 27% since September, supported by new wins including contracts in Alzheimer's, Huntington's disease and blood-based biomarker validation. Ixico says investment consolidation and recent platform enhancements will positively affect financial performance. The group sets out ambitions to reach medium-term annual revenue of around GBP10 million and more than GBP20 million in the long term, underpinned by its expanded AI-powered IXI platform, growing US presence and deepening partnerships across biopharma and diagnostics. CEO Bram Goorden says 2025 marks a "pivotal" year with strong commercial momentum continuing into 2026.
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Vaalco Energy Inc - exploration and production firm with assets in Canada, Ivory Coast, Egypt, Gabon and Equatorial Guinea - Begins its phase three drilling campaign offshore Gabon, spudding the ET-15 infill well on the Etame platform. The programme marks the start of what the company calls a series of near-term value catalysts outlined at its May capital markets day. Chief Executive Officer George Maxwell says the campaign will initially focus on Etame before the rig moves to the SEENT and Ebouri platforms for additional wells and workovers aimed at boosting production, reducing costs and potentially adding reserves. He adds that with major projects progressing in both Gabon and Ivory Coast, Vaalco is positioning itself for "meaningful growth" into 2026 and beyond.
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MediaZest PLC- Woking, England-based provider of creative audio-visual solutions - Reports a "strong" finish to its financial year, with the audio-visual solutions provider expecting revenue for the financial year ended September 30 to rise to about GBP4.0 million from GBP3.1 million and to deliver a modest post-tax profit alongside "substantial" Ebitda. The firm says it is "extremely pleased" with progress, noting robust second-half trading, continued installation roll-outs for major clients and a recurring revenue run rate now above GBP1.2 million. The company confirms it has fully repaid its invoice-discounting facility and completed a major debt restructuring. The agreement writes off GBP529,000 of accrued interest and leaves GBP785,609 of principal to be repaid over six years, with interest charges now ceased. MediaZest says the restructuring provides greater operational flexibility and supports future growth. Financial 2025 results are expected in February 2026.
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Kistos Holdings PLC - energy company with offshore and onshore assets in the UK, Norway, and the Netherlands - Shares jump 21% after announcing a USD148 million deal to expand into Oman, acquiring a 5% working interest in block 9 and a 20% interest in blocks 3 & 4 from Mitsui E&P Middle East. The transaction, effective January 1, adds an estimated 25.6 million barrels of oil equivalent of 2P reserves and is expected to boost production by 9,000 to 10,000 boe per day in 2025. Kistos says the acquisition, valued at about USD5.80 per boe, will be immediately cash-generative. Executive Chair Andrew Austin says the move marks a "significant step" into the MENA region, lifting total reserves to 50 million boe and positioning production to rise to around 20,000 boepd in 2026.
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By Eva Castanedo, Alliance News reporter
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Related Shares:
Great Sth CoppAberdeen Eq.incIxicoMediazestVaalco EnergyKistos Holdings