21st Apr 2026 21:35
(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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Mpac Group PLC - Tadcaster, North Yorkshire-based high-speed packaging and automation solutions firm - Swings to pretax loss of GBP7.7 million in 2025 from GBP3.4 million profit the year prior. Revenue increases 42% to GBP174.1 million from GBP122.4 million but bottom line suffers from costs related to the closure of the Cleveland site and associated impairment of purchased goodwill. Underlying operating profit rises 51% to GBP18.1 million from GBP12.0 million. Mpac says the order book stabilised in the second half of the year, following a "challenging" first half. Expectations for 2026 are unchanged, although it is difficult to predict the full impact of the Middle East conflict on the timing of customer capital investment decisions. Points out the current order book, which provides around 66% coverage of forecast 2026 revenue, has "remained flat, as actual order intake has been impacted by the increasing geopolitical uncertainty." In the context of lower market volumes, price competition for orders has increased, resulting in pressure on gross margins, Mpac adds.
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Checkit PLC - Cambridge, England-based workflow management software provider - Pretax loss narrows to GBP2.6 million in the financial year to January from GBP4.4 million the year prior, although revenue falls to GBP13.7 million from GBP14.1 million. Annual recurring revenue falls 1%, but rises 2% at constant currency, and underlying ARR growth of 5% excluding a single large US customer reduction relating to unused services. Chief Executive Kit Kyte says: "FY26 was a pivotal year for Checkit. We completed a structural reset of the business, delivered adjusted Ebitda profitability ahead of our plan and generated cash in the second half." In March, Checkit launched a formal sale process, citing a "disparity between the company's improving performance and its valuation on AIM".
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Gear4music Holdings PLC - York, England-based online retailer of musical instruments and equipment - Sales rise 30% to GBP190.7 million in the 12 months to March from GBP146.7 million the year prior, the firm says in a trading statement. UK sales grow 26% and European & Rest of the World sales increase 36%. Revenues reflect sustained growth and market share gains in the UK and across Europe, it says. Pretax profit is expected to be not less than GBP9.7 million compared to GBP1.6 million the year before. Strong revenue growth continues into April and financial 2027 trading to date is in line with market expectations.
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Nichols PLC - Merseyside, England-based soft drinks company behind Vimto - Revenue grows 4.3% year-on-year to GBP41.0 million in the three months to March from GBP39.3 million the year prior, an "encouraging start to the year in-line with the board's expectations," Nichols says in a trading statement. Total Packaged revenue rises 5.6% driven by "pleasing performances in both the UK and International market." Out of Home revenue decreases 3.3%, in line with expectations, driven entirely by the planned exit of the lower-margin Starslush business and a strategic focus on profitability. Expectations for financial 2026 revenue and adjusted pretax profit are unchanged. Continues to "monitor developments arising from the conflict in the Middle East, which may lead to some volatility in supply chains and key input costs. While there has been no material impact on the business to date, the group is taking proactive steps to manage potential disruption, with mitigation plans in place and some near-term protection against cost inflation in H1 through contractual cover."
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Ixico PLC - London-based medical research company, focused on analysing trial data using neuroscience imaging and biomarkers - Expects revenue to be up 23% to GBP3.9 million in the six months to March from GBP3.2 million the year prior, driven by "new contract wins, contract extensions and an increased volume of analyses." Gross margin is expected to increase to 53% from 50% the year before. Loss before interest, tax, depreciation and amortisation is expected to narrow to GBP500,000 from GBP700,000. First half results will be released on May 19.
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Norman Broadbent PLC - London-based recruitment firm - Net fee income is GBP2.2 million in the quarter to March, down from GBP3.0 million the year prior, reflecting a "solid trading performance against a strong comparative period in 2025." Chief Executive Kevin Davidson said the monthly run-rate during the quarter "markedly" improved after January. "Together with our current visibility, this encouraging performance underpins our confidence in a further year of NFI growth in FY26, in line with our expectations. We remain of the view that progress this year from one quarter to the next is likely to be non-linear and we obviously continue to monitor events in the Middle East carefully."
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S&U PLC - Solihull, England-based motor finance and specialist lender - Pretax profit climbs to GBP31.8 million in the financial year to February 5 from GBP24.0 million the year prior, although revenue drops to GBP107.4 million from GBP115.6 million. Basic earnings per share increase to 195.2 pence from 147.4p. Declares final dividend of 45p per share, up from 40p a year ago. Takes total payout to 115p per share versus 100p. Says both Advantage, its motor finance division, and Aspen, its property lending business, delivered strong results. Group impairment charges fall to GBP13.0 million from GBP35.6 million, reflecting increased quality Advantage and Aspen loan books. Chair Anthony Coombs says: "The current recovery shows we are on the right track, but challenges and necessary improvements remain - alongside real opportunities for growth."
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Galliford Try Holdings PLC - Uxbridge, London-based construction company - Appointed to a new GBP750 million affordable homes framework by Sovereign Network Group. The new framework will help Sovereign, one of the leading developing registered providers, deliver its stated target of more than 2,000 homes per year across southern England. Galliford Try has been appointed to the mid and high-value bands for the framework across the London and East, and South regions, and the high-value band for the West region.
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Mears Group PLC - Gloucester, England-based provider of housing and social care - Announces the award of a new long-term contract with Moat Homes worth over GBP200 million over an initial 10‑year term. The contract will see Mears deliver responsive and void maintenance and planned works to around 20,000 homes across the South‑East of England and includes an option to extend for a further five years. Mears has been delivering services to Moat since 2024. "The award strengthens our confidence in delivering growth in line with our medium‑term guidance in the local government division," says Lucas Critchley, chief executive officer.
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Supreme PLC - Manchester, England-based consumer products distributor sells batteries, lighting, vapes, sports nutrition and wellness products as well as soft drinks - Announces that it has entered into an exclusive five year licensing agreement with Carabao, one of the world's most recognisable energy drink brands. Under the agreement, Supreme will manufacture and distribute Carabao energy and isotonic drinks across the UK, marking a significant step forward in the brand's expansion and long-term growth strategy. "This partnership is a perfect fit for Supreme and sits firmly within our sweet spot, leveraging our manufacturing capability, innovation expertise, and distribution strength," says Chief Executive Sandy Chadha. "We see a significant opportunity to build on Carabao's existing success and drive meaningful growth across the UK market."
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Likewise Group PLC - Birmingham, England-based floor coverings distributor - Acquires the freehold of a second distribution hub in Leeds for GBP3.0 million, utilising its current banking facilities. Also considering other freehold projects to meaningfully increase the group's logistics capacity. In addition, says revenue in the first three months to March increases 15% to GBP44.2 million, on-year, with April month to date showing a similar positive trend. "This represents significant increases in market share and notwithstanding the worldwide uncertainties, provides confidence in the group achieving its future objectives," it says.
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By Jeremy Cutler, Alliance News reporter
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Related Shares:
Mpac Group PlcCheckitGear4musicNichols plcIxicoNorman BroadbS & UGalliford TryMearsSupreme PlcLikewise Group