13th Sep 2022 11:14
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday.
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SMALL-CAP - WINNERS
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Trustpilot Group PLC, up 21% at 74.95 pence, 12-month range 51.85p-429p. The online review platform reports double-digit rise in interim revenue and a narrowed loss as it backed its annual revenue outlook. Reports an 18% rise in revenue to USD73.4 million from USD62.4 million a year earlier. Pretax loss narrows to USD9.2 million from USD17.3 million, as general and administrative expenses fall 30% to USD21.2 million from USD30.1 million a year ago.
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Petra Diamonds Ltd, up 6.0% at 111.3p, 12-month range 139p-30.94p. The diamond miner says revenue for financial year to June 30 rises to USD585.2 million from USD406.9 million the year before, but pretax profit drops to USD125.9 million from USD219.6 million. This is largely due to a gain boosted in the 2021 financial year of USD213.3 million which did not repeat in the recently ended year. On adjusted basis, swings to profit of USD141.9 million from loss of USD18.3 million.
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Harworth Group PLC, up 4.0% at 142.00p, 12-month range 126p-193.3p. The land regenerator says EPRA net disposal value per share rises to 224.7p at end of June from 197.6p at end of December. Total return for period is 14%, below the 15% return a year before. "The supply and demand factors supporting our markets have been resilient to date, our pipeline remains robust, and our through-the-cycle investment and management actions continue to drive value across our portfolio," says Chief Executive Lynda Shillaw.
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SMALL-CAP - LOSERS
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Porvair PLC, down 1.7% at 537.00p, 12-month range 505p-772p. The manufacturer focused on filtration and separation technology says performed well in its third quarter ended August 31 and is trading in line with market expectations for full-year. Order book remains elevated, but it adds: "In recent weeks some segments have seen signs that lead times, and thus order levels, are starting to return to more traditional levels."
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By Lucy Heming; [email protected]
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Related Shares:
TrustpilotPetra DiamondsHarworth GpPorvair