29th Jan 2026 22:00
(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:
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Pinewood Technologies Group PLC - Birmingham, England-based provider of software to the automotive retailing sector - Notes the recent press speculation regarding Pinewood and confirms that it has entered into discussions with Apax Partners LLP regarding a possible cash offer of 500 pence per share. The offer follows a number of earlier approaches from Apax. Would be minded to recommend a bid at that level.
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ASA International Group PLC - international microfinance firm - Expects full-year 2025 net profit to be USD57 million, double the prior year's USD28.5 million, reflecting "disciplined execution" of the group's strategic growth agenda. Gross outstanding loan portfolio increases to USD628.4 million as at December 31, up 37% year-on-year. Growth is driven primarily by Ghana, Pakistan, Uganda, Tanzania, Kenya and Nigeria. Client numbers increase by almost 100,000 clients during the quarter. "Zooming into Q4 specifically, performance in the quarter once again demonstrated the robustness of our operating model and saw growth across key markets, including Pakistan, Uganda, Tanzania and Kenya," comments Chief Executive Rob Keijsers.
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Naked Wines PLC - Norwich, England-based online wine seller - Revenue declines 19% at constant currency in the 13 weeks ended December 29 versus prior year, in line with expectations, including repeat sales which were down 16% at constant currency and 18% reported. Average order value increases by 5% at constant currency and revenue per member grows by 1% at constant currency. Naked Wine says it delivers a successful peak trading period across all its markets and continues to trade in line with its published FY26 guidance. The decline in revenue remained consistent with the prior reporting period and guidance, reflecting the strategy of recalibrating around the profitable core, while average order value and revenue per member were ahead on a constant currency basis. "Current trading is in line with guidance, and we look forward to providing a more detailed update in our full year trading update at the end of April," says Chief Executive Rodrigo Maza. For FY26, guides for revenue of GBP200 million to GBP216 million, and adjusted Ebitda of GBP5.5 million to GBP7.5 million.
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Synthomer PLC - London-based developer of polymer chemicals - Expects to report 2025 revenue of GBP1.74 billion in 2025, down from GBP1.93 billion in 2024, and Ebitda in the range of GBP135 million to GBP138 million, compared to GBP143.1 million the year prior, in line with market expectations. The continued focus on strong operational execution, together with expanded 'self-help' cost reduction programmes, have enabled it mitigate the impact of softer end-market demand since global tariff changes were announced at the start of the second quarter, company says. Delivers positive free cash flow for the year, with a cash inflow in the second half as expected. Year-end net debt is expected to be GBP575 million, down from GBP597.0 million a year ago. "As we look to 2026, we expect to make year-on-year progress driven by self-help actions, even without a significant market recovery. Specifically, we anticipate that the full year contributions from our cost programmes and product investments made in AS during 2025, ongoing margin progress in our speciality businesses and Health & Protection volume improvement will be partially offset by wage inflation and normalisation of bonus accrual in the year," company says.
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Smiths News PLC - Swindon, England-based newspaper and magazine distributor - Confirms that trading for the financial year ending August 29 2026 remains in line with market expectations for adjusted operating profit of GBP37.2 million, adjusted pretax profit of GBP34.1 million and adjusted EPS of 10.5 pence. "The company's strategy of maintaining shareholder returns alongside the development of additional revenue streams that leverage the company's existing capabilities and networks remains on track," it says. As a result, confirms that it will pay a final dividend for FY 2025 of 3.8p and a special dividend of 3.0p to shareholders on February 5, bringing the total for FY2025 to 8.55p per share.
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Scancell Holdings PLC - Oxford-based pharmaceutical company - Pretax loss for six months ending October is GBP6.8 million, narrowed from GBP13.8 million the year prior. Revenue is nil, unchanged. Cash balance at October 31 was GBP8.6 million down from GBP16.9 million at April 30, enhanced post period with the receipt of GBP3.0 million of R&D tax credits. Scancell says it has a cash runway to H2 2026, beyond near-term clinical and regulatory milestones and with further upside opportunities.
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Chapel Down Group PLC - Kent, England-based still and sparkling winemaker - As a result of strong Christmas trading, says net sales revenue is expected to be slightly ahead of guidance at GBP19.4 million in 2025, up 19% year-on-year from GBP16.4 million. Further, now expects adjusted Ebitda to be in the range of GBP4.0 million to GBP4.5 million - ahead of market expectations. "This is primarily driven by an improvement in underlying profitability, whilst the fair value adjustment to Biological Produce is also expected to be slightly higher than market expectations, supported by a high quality and above-average harvest yield." Remains confident in the group's significant long-term growth potential, underpinned by a clear strategic focus on brand value enhancement, sustainable channel expansion and disciplined capital management.
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Luceco PLC - London-based lighting manufacturer and distributor - Full year performance is expected to exceed previously upgraded expectations. Sees 2025 revenue of GBP271 million, up 12% from GBP242.5 million the year prior. Notes second half like-for-like revenue growth of over 6%, picking up from 2% LFL growth in H1. EV charging sales up 85% in the year to GBP18 million from GBP9.8 million. Notes continued solid performance in wiring accessories and LED delivering low single digit percentage growth. Further, says adjusted operating profit is expected to be at least GBP33.5 million, up 15% year-on-year, and ahead of the top end of market expectations. Notes strong sales momentum entering 2026 and increasingly significant exposure to structural growth in the energy transition sector underpins outlook. "We are well positioned to deliver another year of profitable growth in 2026 and beyond, through our established categories and our rapidly growing exposure to the energy transition," company says.
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Tribal Group PLC - Sheffield, England-based educational software and services provider - Tribal expects to report a positive close to 2025, delivering revenue and adjusted Ebitda slightly ahead of the recently upwardly revised market expectations of GBP90.8 million and GBP16.5 million. Importantly, Tribal closes 2025 with a substantially improved net cash position of GBP11.4 million, significantly ahead of current market forecasts, reflecting a considerable improvement in profitability, reduced capex requirements within the business, an exceptional working capital performance and a one-off advance customer payment of GBP3.2 million. Is confident in continued SaaS momentum in 2026 and the delivery of a consistent financial performance, and expects to deliver an adjusted Ebitda and cash performance in 2026 ahead of current market expectations.
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Microlise Group PLC - Nottingham, England-based provider of transport technology solutions to fleet operators - Revenue for 2025 is expected to be in-line with revised market expectations at GBP84.0 million, up year-on-year from GBP81.0 million, growth of 3.7%. Annual recurring revenue increases 4.6% to GBP59.1 million from GBP56.6 million. 2025 adjusted Ebitda is expected be in-line with revised market expectations at GBP8.3 million, representing an adjusted Ebitda margin of 10%, down from 14% on-year.
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Empresaria Group PLC - Crawley, England-based staffing provider - Adjusted pretax profit is expected to be slightly ahead of market expectations in 2025. Net fee income drops 6% to GBP47.3 million, but is flat at constant currency. NFI drops 11% in the UK, but climbs 17% in the US, or 23% at constant currency. Notes very strong NFI growth of 16% at constant currency in Offshore Services. Temporary and contract net fee income reduces by 4% and permanent placement continues to be challenging with net fee income reduced by 9%.
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Mobico Group PLC - Birmingham, England-based public transport operator - Announces that its subsidiary National Express Rail GmbH has reached a comprehensive agreement with five German Public Transport Authorities to realign contract terms for its rail service in North Rhine-Westphalia and adjacent regions. The agreement, approved by the relevant governing bodies of the PTAs and Mobico, enables a material reset and derisking of its German rail business. "The agreement is an important milestone for Mobico and a hugely positive step forward," company says.
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By Jeremy Cutler, Alliance News reporter
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Related Shares:
Pinewood Technologies GroupAsa IntNaked WineSynthomerSmiths NewsScancell HoldingsChapel Down GrpLucecoTribal Grp.Microlise GrpEmpresaria GroupMobico Group