5th Mar 2026 17:10
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:
----------
MicroSalt PLC - London-based provider of low-sodium salt products - MicroSalt wins a new order from a subsidiary of a "leading European group specialising in natural flavours, colours, and ingredients". The customer's revenue exceeds EUR250 million, MicroSalt says. "MicroSalt has been working with this customer for the past 12 months to test products incorporating MicroSalt's technology. This initial purchase order is expected to be followed by further orders and whilst not significant in terms of the group's revenue forecasts for 2026 or 2027, the contract represents the company's first B2B commercial sale in the UK," the firm says.
----------
Seraphim Space Investment Trust PLC - investor in space technology - Seraphim's net asset value per share at its December 31 half-year end surges 20% to 142.30 pence per share from 118.52p. "Top five holdings achieved substantial growth during the period, primarily fuelled by successful defence contracts and significant new equity rounds completed at higher valuations," Seraphim Space says.
----------
Gabelli Merchant Partners PLC - invests in equity and fixed income for total returns and protection of capital - Net asset value per share at its December 31 half-year end rises 1.8% to USD10.69 from USD10.50 at the end of June. Its NAV total return is 2.8%, improving from 2.7% in the first half of the prior financial year.
----------
Tern PLC - internet-of-things focused investor - The repayment date of the loan facility has been extended by the lender to September 11. "The board considers that the extension gives the company greater negotiating flexibility in relation to funding the future capital requirements of its investee companies," Tern adds. Tern makes a GBP38,433 payment to the loan provider as a partial repayment of the outstanding balance. It also notes a loan extension fee of GBP6,000. "Following these payments GBP120,000 will remain outstanding under the loan and this amount, plus accrued interest at a rate of 1.00% per calendar month," Tern adds.
----------
Vulcan Two Group PLC - investment company focused on acquiring e-pharmacy businesses - It signs a long-term lease agreement for a new 22,000 square foot distribution centre in Leeds. It will pay rent of around GBP68,000 for the first 8 months of the lease and rent of approximately GBP200,000 per year thereafter. "The lease agreement is for a term of ten years, with a rent review and a break at the option of the group after five years," Vulcan Two says.
----------
Inspiration Healthcare Group PLC - Croydon, London-based medical technology company specialising in neonatal intensive care devices - Inspiration has been reappointed by the supply chain of the UK's NHS as an approved supplier for its respiratory care units for newborns. The renewal is under a four-year framework agreement covering England and Wales. "Our neonatal ventilator systems are designed to deliver precise, reliable respiratory support for premature and critically ill newborns, and we are consistently investing in product development, clinical training and service support to ensure that clinicians are equipped to support safe and effective care for vulnerable patients. We remain focused on converting this strategic positioning into further market share gains and long-term shareholder value," Chief Executive Officer Raffi Stepanian says.
----------
Hansard Global PLC - Isle of Man-based specialist long-term savings provider - Pretax profit in the first half ended December 31 rises to GBP2.6 million from GBP500,000. New business sales, in present value of new business premiums terms, edged up to GBP49.2 million from GBP49.1 million a year prior. Fees and commissions rose to GBP22.2 million from GBP21.3 million a year prior, with investment and other income unchanged at GBP2.4 million. "Following several years of foundational investment in our product suite, digital infrastructure and international footprint, it is encouraging to see clear signs of momentum emerging across the business. While new business began slowly in the first quarter, reflecting broader market conditions, sales recovered strongly in Q2 as advisers responded to the product enhancements we have made and this momentum has continued post period end," CEO Thomas Morfett says.
----------
Henry Boot PLC - Sheffield, England-based construction and property development business - Henry Boot seals the sale of a supermarket and three adjoining retail units, anchored by grocer Waitrose. The asset is located in Warminster, south west England, and has been sold to a UK real estate investment trust for GBP8.6 million. "This disposal reflects the group's focus on recycling capital from its investment portfolio, ensuring we remain well positioned to deploy capital to continue generating long‑term returns. We will continue to be patient in building back the value of the investment portfolio through high‑quality projects such as Origin, in line with our medium‑term target," Chief Executive Officer Tim Roberts says.
----------
SulNOx Group PLC - London-based green fuel technology developer - The company announces a distribution agreement with Pan Marine Petroleum Services, a maritime and energy services provider in Egypt. "The collaboration significantly enhances Sulnox's access to the Suez Canal area, one of the world's most significant shipping channels, and to the broader Middle East," SulNOx says. "Under the agreement, Pan Marine has placed its first commercial order and will actively market Sulnox Eco across its established client network, leveraging the same distribution platform through which it has successfully scaled leading marine brands in the region, including Castrol."
----------
Robinson PLC - Chesterfield, Derbyshire-based manufacturer of plastic and paperboard packaging - Robinson swings to a pretax profit of GBP3.0 million in 2025, from a loss of GBP3.8 million in 2024. Revenue, however, falls 0.4% to GBP56.2 million from GBP56.4 million. "In 2025, the group delivered resilient financial performance despite mixed market conditions. Strong volume growth in our UK businesses, improved gross margins and enhanced operational efficiency contributed to an increase in underlying operating profit," Chair Alan Raleigh says. "We expect underlying operating profit for the 2026 financial year to be in line with current market expectations. In addition and as previously announced, reported profit before tax in 2026 is expected to benefit materially from property disposals." Underlying operating profit in 2025 rose to GBP3.6 million from GBP3.2 million. Robinson maintained its final dividend at 3.5p per share and its total payout at 6.0p.
----------
Cordel Group PLC - London-based transport corridor analytics platform - The firm reports an extension to a contract with Genesee & Wyoming Inc, the owner and lessor of more than 100 short line and regional freight railroads in North America. "The contract now moves to a new Strategic LiDAR programme under a fixed monthly fee, software as a service model, moving away from a per-order approach," Cordel says.
----------
Vertu Motors PLC - Gateshead, England-based automobile retailer - Revenue in the five months to January 31, the bulk of its second half, rise 3.3% on-year or 2.2% on a like-for-like basis. Its financial year ended on February 28. Volumes of used retail vehicles rose 3.6%, or 2.8% like-for-like. New retail vehicle growth was 2.4%, 0.8% like-for-like. "We are pleased with the team's performance as we control the controllables against a challenging market backdrop in the new vehicle segment in large part due to the government's zero emission vehicle mandate. Used vehicle sales were robust despite consumer uncertainty impacting retail demand. Our resilient aftersales business continues to thrive aided by higher technician numbers. The work that has gone into cost control, property disposals and optimising stock levels has contributed to an excellent cash performance," Chief Executive Robert Forrester says. It expects annual adjusted pretax profit in line with consensus of GBP21.6 million, so down from GBP29.3 million in financial 2025. In addition, it announces the launch of a further GBP12 million share buyback.
----------
By Eric Cunha, Alliance News news editor
Comments and questions to [email protected]
Copyright 2026 Alliance News Ltd. All Rights Reserved.
Related Shares:
Gabelli MerchTernMicrosaltHenry BootRobinsonInspiration HltCordel GroupVertuHansardVulcan Two