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SMALL-CAP WINNERS & LOSERS: Porvair reports growth in annual profit

10th Feb 2025 10:20

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday.

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SMALL-CAP - WINNERS

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Porvair PLC, up 3.1% at 700.92 pence, 12-month range 594.00p-745.70p. The firm hails record annual sales and profit despite mixed trading conditions in its markets. The environmental and specialist filtration technology company says pretax profit rose 4.0% to GBP20.9 million in the year ended November 30 from GBP20.1 million. Basic earnings per share increase 2.9% to 35.8 pence from 34.8p. Revenue rises 9.4% to GBP192.6 million from GBP176.0 million, or by 13% higher on a constant currency basis.

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SMALL-CAP - LOSERS

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CAB Payments Holdings PLC, down 4.3% at 60.40p, 12-month range 59.40p-166.20p. Richard Hallett steps down as chief financial officer. Hallett spent nine years at the cross-border payment company. CAB adds: "Matthew Talty, currently group head of Banking, will temporarily take over leadership of the finance function until a replacement is found."

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By Eric Cunha, Alliance News news editor

Comments and questions to [email protected]

Copyright 2025 Alliance News Ltd. All Rights Reserved.

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