25th Sep 2026 22:53
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Friday and not separately reported by Alliance News:
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Robinson PLC - plastic and paperboard packaging manufacturer - Says it continues to expect 2026 underlying operating profit to be in line with market expectations. However, notes that "a significant customer contract" is due to expire at year-end and will not be renewed. Positively, says it maintains a "strong and ongoing relationship with the customer and will continue to supply a range of products across its factory network." The contract had generated GBP3.3 million of annual revenue and GBP1.0 million of annual contribution to gross profit. Robinson does not expect the absence of this revenue to be offset in 2027. "The group is actively pursuing opportunities to mitigate this impact through operational initiatives and new business development," it says. Expects 2027 profitability to be broadly in line with that of 2026.
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Parvus Energy Efficiency Trust PLC - formerly Aquila Energy Efficiency Trust PLC - Swings to first half pretax loss of GBP658,000 from profit of GBP1.2 million a year ago. NAV total return is minus 1.8% at June 30, compared to minus 0.8% at December 31. Declares 6.5 pence interim dividend. Says it continues to progress its managed run-off strategy which seeks to "optimise value for the return of capital to shareholders and, in particular, on negotiating exits to achieve acceptable realisations." Notes that these negotiations are mostly on an individual asset basis, "because the portfolio consists of assets that are geographically diverse, small in size and contractually complex." Says it has been making "good progress in reducing the running costs [of] the company" but notes that legal costs were incurred in becoming a self-managed alternative investment fund and in negotiating the termination of the AIF manager and investment advisory agreements and the entry into the consultancy agreement.
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Capita PLC - London-based outsourcing and business services company - Enters into new financing facilities with Shawbrook Bank Ltd, comprising a GBP15 million revolving credit facility and a GBP15 million term loan. The new facilities have a three-year term, maturing September 2029. Says the GBP15 million RCF is on substantially the same terms as its existing GBP325 million RCF, inclusive of the interest rate. The interest rate on the GBP15 million term loan is "modestly higher" than on the RCF. The facilities will be used for general corporate purposes and to refinance existing debt.
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Zentra Group PLC - Manchester-based residential developer, development manager and property manager - Developer Zentra Great Ducie Street Ltd has entered into a replacement building contract with AC1 Construction Ltd for the completion of remaining works at the 129-apartment One Victoria development in Manchester. AC1 was initially appointed under a letter of intent on July 30 after the appointment of joint administrators to prior contractor Torsion Construction Ltd and the termination of Torsion's contract. Zentra says construction is at an advanced stage and practical completion is expected in December. Of the 129 apartments, 105 have exchanged contracts and a further seven are reserved, leaving 17 available for sale. Zentra holds a 30% interest in the developer and has a GBP4.1 million loan to it. Chief Executive Officer of Zentra Jason Upton says: "I am very pleased that we have been able to move quickly and decisively following Torsion Construction entering into administration in July. AC1 mobilised under the letter of intent following the termination of Torsion's appointment and has worked closely with us and the wider project team to maintain momentum on site while the replacement building contract was finalised. One Victoria is an important development for the company and is now at an advanced stage of construction...AC1's early mobilisation has enabled us to maintain the fourth quarter completion timeframe announced in July, with practical completion currently expected in December."
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Genel Energy PLC - London-based oil and gas firm - Genel Energy Finance 4 PLC places a USD65 million bond through a tap issue under its outstanding senior unsecured bonds framework. The additional bonds are placed at price of 104.0% of nominal amount receive "very strong interest from a wide set of new and existing investors," Genel says. Proceeds will be used for general corporate purposes. Notes that Genel can elect to redeem the bonds by February 1 at 104.5% of nominal value plus accrued interest.
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Malibu Life Holdings Ltd - Grand Cayman-based life and annuity reinsurance - Consolidated book value per share totals USD36.57 at June 30 up 9% from December 31. In July, Malibu Life closed the acquisition of TruSpire Retirement Insurance Co, which it rebranded as Malibu Life USA. At the time, Malibu Life said it expects the acquisition to "materially accelerate" its strategic plan by adding "direct issuance capabilities" alongside its existing reinsurance platform. Chair Dimitri Goulandris says: "[The first half delivered solid financial progress while we continued to build the leadership, capital, and operating capabilities needed for the next phase. With TruSpire now part of the platform, we are positioned to scale both reinsurance and direct US annuity origination." The unit's initial fixed index annuity product is targeted for the fourth quarter.
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Coinsilium Group Ltd - Gibraltar-based blockchain investment firm - First half pretax loss loss widens to GBP3.1 million from GBP509,938 a year ago. Loss on "other crypto tokens" at fair value is GBP2.1 million compared to none a year ago. Administration costs rise to GBP758,829 from GBP512,938. Revenue from contracts with customers is flat at GBP3,000. Total assets fall to GBP11.8 million at June 30 from GBP14.8 million at December 31. Says the recovery in Bitcoin and other digital assets since their summer lows "is encouraging and has brought renewed confidence to parts of the sector."
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Octopus Titan VCT PLC - London-based investor in early-stage companies - Firt half NAV total return is 1.3%, improved from minus 4.6% a year ago. NAV per share at June 30 rises to 45.1 pence from 44.5p at December 31. Pays no dividend. "After a prolonged period of declining NAV, it is encouraging to report a modest increase in the first six months of the year. The board, however, remains cautious. Performance remains materially below the levels we are seeking to achieve over the longer term and a modest improvement over a single six-month period does not constitute a recovery," Octopus says. The company is currently conducting a strategic review. Says that it has not met its guardrail metrics during the period. Says shareholder returns were not appropriate during the period despite the improvement. "The board continues to look for sustained evidence of improved investment performance and realisations before concluding that the company is operating at, or close to, a sustainable level... "The progress during the first half is welcome, but it remains too early to draw firm conclusions. Further improvements will be required and the board will continue to monitor performance closely against the framework established through the strategic review."
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Roundhouse AI Ltd - Singapore-based technology company specialising in artificial intelligence agent deployment infrastructure - Expects to raise GBP1.5 million on admission to AIM at a placing price of 5 pence per share, implying a market capitalisation of about GBP14 million. The company plans to complete its move to AIM from the Aquis Stock Exchange Growth Market on October 13. Roundhouse has developed and launched at roundhouseai.io a neutral data, identity and reputation infrastructure platform for the autonomous AI agent economy known called Roundhouse Dashboard. The Dashboard records and verifies real settlement activity between AI agents and merchants, so that their identity and reliability can be assessed by others, the company explains. Says its near-term focus is on establishing data coverage and public credibility.
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Pensana PLC - London-based mineral developer - Says construction at the Longonjo mine is now over 30% complete, and has had detailed negotiations with potential major offtake partners. Intends to enter offtake deals with these parties to support its debt facilities with Absa Group Ltd and Export-Import Bank of the United States. Says that with talks ongoing, outstanding detailed construction design activities, high-cost site activities and long-term procurement items have been ramped down until financing is finalised. Consequently, Pensana expects the overall construction schedule to be extended from the previously announced 2028 to late 2028
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By Aidan Lane, Alliance News reporter
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RobinsonParvus EnCapitaZentra GroupGenel EnergyMalibu LifeOctopus T.vctPensana