29th Sep 2026 19:39
(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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Airea PLC - West Yorkshire, England-based flooring company - First half revenue rises to GBP10.8 million from GBP9.8 million a year ago. Swings to pretax profit of GBP204 million from a loss of GBP44 million. Proposes no interim dividend, unchanged. "With the major new transformational manufacturing facility now fully operational, the group is focused on increasing volume throughput to meet customer demand. Delivering growth through this investment remains a fundamental part of the group's ongoing strategy, enabling it to expand into new markets with a more sustainable and innovative product range," company says. Non-executive chair Martin Toogood says the order book "remains healthy" and that Airea "continues to focus on innovation with further new product launches expected over the remainder of the second half." Airea notes challenges in the Middle East, as well as the wider commercial flooring market, but says its Dubai showroom "continues to operate with minimal disruption" and that wider challenges "have no adverse impact on the group and may present opportunities to strengthen its market position in the future."
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Ariana Resources PLC - Mineral exploration, development and production company with gold project interests in Africa and Europe - First half pretax profit surges to GBP6.2 million from GBP151,000 a year ago, largely reflecting the revaluation of assets and a gain on the disposal of its 9.9% interest in Kiziltepe to Proccea Construction Co, having received USD3.7 million in gross proceeds. Operating loss widens to GBP1.5 million from GBP806,000. In April, Michael Atkins succeeded Michael de Villiers as non-executive chair, with de Villiers moving to the role of deputy chair. In September, Atkins was elevated to executive chair. Atkins first joined the Ariana board in 2025. Atkins calls the period one of "substantial progress" at Ariana's Dokwe Gold Project in Zimbabwe. Adds: "During the period, Dokwe grew in scale, its development case was strengthened through an updated pre-feasibility study, definitive feasibility activities continued, and our partnership with Xinhai moved further into execution. The partial monetisation of our interests in Turkiye also provided substantial non-dilutionary funding that will be focused towards Dokwe." The primary focus is progressing the Dokwe definitive feasibility study and completing technical work required to move the project towards development.
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Eden Research PLC - Oxfordshire, England-based developer of biopesticides and formulation technologies for the crop protection, animal health and consumer products industries - United States Environmental Protection Agency approves an expanded label for its terpene-based biofungicide, Mevalone. Says this broadens "significantly" the approved uses of the product in the US. The label now covers "a broad range of additional high-value food and non-food crops, including almonds, berries, brassicas, cucurbits, fruiting vegetables, leafy vegetables, herbs and spices, strawberries, hops, kiwi, figs, pomegranate, fava beans, fennel and tobacco." Target diseases include grey mould, or Botrytis; powdery mildew; Sclerotinia; brown rot blossom blight; and chocolate spot. Additionally, several crop groups are approved for both open-field and greenhouse use. "This approval highlights the continued expansion of Eden's products across a broad range of high-value crops, as growing demand for sustainable crop-protection solutions strengthens the long-term addressable market for Mevalone and the company's wider portfolio. The additional crops will now undergo the state-level review and registration process which is expected to take between one and twelve months, depending upon the state," company says. Also provides a trading update as it holds its annual general meeting. Eden says it "remains optimistic". Adds: "The progress achieved across the current portfolio, together with the significant background activity in product development, and the successful fundraise completed in April 2026, positions the company well for the future and supports confidence in Eden's ability to create sustainable long-term value for shareholders."
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Tekmar Group PLC - Newton Aycliffe, England-based technology and services provider for the offshore energy industry - Says second half trading volume has "continued to grow," resulting in higher revenues than in the first half and in the equivalent period in 2025. In June, Tekmar said it was on track to deliver stronger second half revenue and profit performance compared to 2025 despite the impact from the Middle East war. Says this strong second half is reflected in "the ramp up in UK based manufacturing, resulting in better utilisation, as planned, with the order book pivoting to European offshore renewables projects in [the second half of 2026]." Expects to report 2026 revenue up more than 20% compared to 2025. However, says "the pace of growth in near-term volumes and revenues in [the second half of 2026] has been slower than anticipated, with some trading volumes now expected to be realised after the 2026 year-end." This reflects the conflict in the Middle East and certain supply chain constraints within the UK. Anticipates adjusted [earnings before interest, taxes, depreciation and amortisation] in the second half "to be broadly similar" to the second half of 2025, 2026 adjusted Ebitda "up on" 2025, and 2026 second half profit after tax "nearing breakeven." Expects to enter 2027 with an order book "more than 50% higher than at the start of 2026, supporting higher future revenue targets and giving longer term visibility into 2028 and beyond." Additionally, announces a EUR6 million contract extension for a European offshore wind project. "Under the contract, Tekmar will supply [its cable protection system] and associated accessories, together with specialist engineering, analysis and design services delivered by its in-house team," the company says.
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Zoo Digital Group PLC - Sheffield, England-based digital media service - Holds its AGM. In prepared remarks, Chair Nathalie Schwarz notes "increased demand for our tech-enabled services as well as new emerging opportunities for our business," as the providers of streamed content "are evolving their offerings". Says this is "mirrored by Zoo's own position having completed our restructure and the right-sizing of our operations for profitable growth as well as evolving our service offerings to meet changing requirements from customers." As a result, expects revenue in the six months to September 30 of at least USD23.0 million, an increase on both the first and second half of 2026 and in line with management expectations. "The board remains focused on disciplined execution, operational efficiency and cash generation as it seeks to translate improving activity levels into sustained revenue and profit growth," Schwarz says. Adds: "In 2027 to date, we have seen an increased level of activity, driven predominantly by the localisation of existing content, rather than new productions, which has led to an increase in Media Services and Subtitling work. This has been typically one-off in nature but demonstrates the flexibility of Zoo's customer-led 'end to end' offering and our ability to provide a broader range of services to support our customers. We are also starting to see emerging indications of an increase in the pipeline of original content coming through, which is expected to contribute to revenues in [the second half of 2027]."
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Smiths News PLC - Swindon, England-based newspaper wholesaler - Expects to deliver results for the year to August 29 ahead of market expectations. Says second half demand for collectables "was stronger than expected, with a record contribution from the Men's FIFA World Cup of over GBP3 million, bolstering the overall performance of the news and magazines business in the period." Says trading to date in financial 2027 "has started positively" and it has begun its "transformational programme" to establish a national distribution footprint to service new contract wins announced in the second half of 2026, ahead of the first go-live in July 2027. Intends to provide further guidance on the financial effects of its network expansion at the time of its 2026 results on November 4. Chief Executive Jonathan Bunting says: "The national contract awards with News UK, Associated Newspapers, Frontline and Seymour are significant milestones for Smiths News and reflect our ongoing commitment and focus on delivering a best-in-class service to our customers, alongside strengthening our long-term relationships with publishers and retailers. With the distribution footprint expanding to deliver national coverage in 2027, alongside our strategy to grow other areas like recycling that complement our offering, the group is well positioned for growth in the coming years."
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By Aidan Lane, Alliance News reporter
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ArianaEden ResearchTekmar GroupZoo DigitalSmiths NewsAIREA