1st Aug 2025 11:34
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Thursday and not separately reported by Alliance News:
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Nichols PLC - Lancashire, England-based soft drinks manufacturer with brands including Vimto - Nichols expects annual results in line with expectations, reports interim revenue growth but a fall in profit for the first half. Pretax profit in the first six months of 2025 falls 3.3% to GBP11.4 million from GBP11.8 million a year earlier. Revenue rises 1.8% to GBP85.5 million from GBP84.0 million. Administrative expenses are up 1.8% on-year at GBP21.8 million. Distribution expenses are up 6.4% at GBP5.5 million. Adjusted pretax profit edges up 0.8% to GBP14.6 million from GBP14.5 million. "We are pleased to have delivered further progress against our growth strategy in the first half of the year. Our UK Packaged business performed well, driven by distribution gains and exciting product innovation, including our new functional squash, Wonderfuel. In Africa, the strategic transition to a concentrate model remains on track and continues to drive higher-margin growth. The group also expanded its footprint across several other key international markets, including Malaysia where Vimto is now listed across all major retailers nationwide," Chief Executive Officer Andrew Milne says. Nichols lifts its interim ordinary dividend to 15.0p per share from 14.9p. Full year adjusted pretax profit is to be in line with the current market expectation of GBP33.1 million.
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Walker Crips Group PLC - London-based stock broker - Swings to pretax loss of GBP3.3 million in year ended March 31, from profit of GBP387,000 the year prior. Revenue falls 0.7% to GBP31.3 million from GBP31.6 million. Assets under management rise 1.9% year-on-year to GBP2.75 billion from GBP2.69 billion. Does not propose a final dividend, after a 0.25p payout a year earlier. No dividend across whole financial year, after a 0.50p payout the year prior. "This past year has been especially challenging for the Walker Crips Group, with two significant factors negatively affecting our performance. As a result of a number of historic challenges, there has been a requirement both to fund substantial investment in legal and consulting services, as well as the recruitment of additional compliance personnel. Additionally, we have faced considerable salary increases necessary to attract and retain essential risk and compliance team members. Consequently, the group has incurred losses this year and is not in a position to declare a dividend for shareholders," the firm adds.
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RC365 Holding PLC - payment solutions and fintech company operating primarily in east and southeast Asia - Pretax loss in year ended March 31 widens to HKD34.0 million, around GBP3.3 million, from HKD36.7 million. Revenue rises to HKD14.1 million from HKD12.2 million. "This was an excellent year for RC365. We strengthened our existing product offering through establishing partnerships that enable us to offer custodian accounts and asset-linked credit cards while taking important steps towards expanding into virtual banking, which we believe will be a key driver of future growth. These are large and growing target markets for our services. As a result of these achievements and our current pipeline of opportunities, the board looks to the future with confidence and we look forward to updating the market on our progress," CEO Michael Law says.
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Chill Brands Group PLC - London-based distributor of fast-moving consumer products such as tobacco alternatives and functional beverages for sale via convenience stores - Pretax loss in 12 months ended March 31 totals GBP3.3 million, widening from GBP3.0 million. Revenue amounts to GBP305,700, down from GBP1.9 million. The company has changed its accounting reference date to September 30 from March 31, saying this better aligns its reporting cycle with its "current operational priorities", while still complying with UK listing rules. The change in year-end will "provide Chill Brands with a clean break from the disrupted previous cycle, allowing management to concentrate on executing the company's commercial plans", it said. The current financial year spans 18 months.
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Supernova Digital Assets PLC - looks to identify investment and business building opportunities in the Solana and crypto currency ecosystem - Swings to pretax loss of GBP1.0 million in six months to April 30, from profit of GBP2.1 million a year prior. Reports revenue of GBP297,000, against none a year prior. Fair valuation movement in intangible assets hurt bottom line to tune of GBP807,000, compared to a GBP2.2 million a year earlier.
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Narf Industries PLC - cybersecurity provider - Pretax loss in year to March 31 widens to USD3.6 million from USD1.4 million a year prior. Revenue declines to GBP3.0 million from GBP7.6 million. "The Board remains committed to executing this strategy with discipline. We entered the current period with a strong technical foundation, operational clarity, and the confidence that the decisions made over the past year will begin to yield visible, durable results. The company's current contract pipeline and prudent cash flow management provides sufficient runway to execute our strategy through the current financial year, without reliance on new capital resources or significant near-term contract wins," Narf says.
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One Media IP Group PLC - Buckinghamshire, England-based digital music rights acquirer, publisher and distributor - Pretax profit in six months to April 30 rises to GBP661,765 from GBP569,846 a year prior. Revenue fades to GBP2.5 million from GBP2.6 million. Administration expenses decline to GBP582,404 from GBP716,115.
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Fragrant Prosperity Holdings Ltd - special purpose acquisition company - Pretax loss in year to March 31 widens to GBP182,934 from GBP111,877 the year prior. Reports no revenue, unchanged on-year. "The board continued to review a number of potential acquisition opportunities across the sector but none of which met the necessary criteria for selection as at the end of the year. It is expected that with the potential improvement in the market conditions for raising capital and undertaking reverse takeovers in the UK along with the changes to the UK listing regime recently announced by the FCA that the company will have improved prospects for identifying a potential target. The last 3 years have been difficult across the public capital markets globally, but specifically the UK and with limited cash available it has been challenging to consummate potential deals. The company has therefore undertaken a recapitalisation of the balance sheet and a capital raise post period end to improve the position for undertaking any potential acquisitions," it says.
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By Eric Cunha, Alliance News news editor
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Related Shares:
Nichols plcOne MediaFragrant Prosp.Walker CripsChill BrandsNARFRc365 Holding