19th Nov 2024 10:57
(Alliance News) - The following stocks are the leading risers among London Main Market small-caps on Tuesday.
----------
SMALL-CAP - WINNERS
----------
Avon Technologies PLC, up 7.0% at 1,402 pence, 12-month range 746p-1,402p. The Wiltshire, England-based protective gear company says revenue rose 13% for the year to September 30 to USD275.0 million from USD243.8 million. Orders jumped 41% to USD364.4 million from USD258.7 million. Avon, which serves military and first responder clients, also swung to pretax profit of USD2.3 million from the prior year's USD20.2 million loss. Also declares a final dividend of 16.1 US cents up from 15.3 cents. Total dividend however is 23.3 cents, down from 29.6 cents. Says it expects continued growth and consistent returns in the current financial year.
----------
Trifast PLC, up 1.9% at 79.5p, 12-month range 66.2p-93.9p. Trifast, which manufactures industrial fastenings and components, says half-year revenue for the six months to September 30 decreased 3.2% on-year to GBP113.9 million from GBP117.6 million the year before. Pretax profit falls 21% to GBP1.6 million from GBP2.0 million. Interim dividend remains flat at 0.60p. Says however that it is on track for financial 2025 results in line with market expectations and remains "confident in the delivery of our mid-term margin and returns ambitions".
----------
Pollen Street Group Ltd, up 1.9% at 703p, 12-month range 528p-760p. Reports buyback of 200,000 shares at average 703.00p each on Monday in London. Says it intends to hold the repurchased shares in treasury. Company now has 2.7 million shares in treasury and 61.5 million in issue.
----------
By Emma Curzon, Alliance News reporter
Comments and questions to [email protected]
Copyright 2024 Alliance News Ltd. All Rights Reserved.