6th Nov 2025 15:53
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:
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Victoria PLC- Worcester, England-based designer, manufacturer, and distributor of flooring products - Reports first-half revenue down 7% year-on-year, in line with guidance, though trends improved through the period with an 11% decline in the first quarter narrowing to 2% in the second. Underlying earnings before interest, tax, depreciation, and amortisation rises to about GBP53 million from GBP50 million, supported by cost savings that more than offset lower volumes. The board expects an improving year-on-year revenue trend in the second half, though full-year sales are anticipated to be slightly below the prior year. Margins and underlying Ebitda are expected to improve, driven by self-help measures targeting GBP70 million in annual Ebitda gains versus financial 2025. Cash at period end stands at GBP86 million, with about GBP100 million in undrawn debt capacity.
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Aura Energy Ltd - Melbourne, Australia-based uranium and battery metals developer - Welcomes Sweden's parliamentary vote to overturn its 2018 uranium mining ban, with the change to take effect on January 1, 2026. The decision will allow uranium to be treated as a concession mineral under Sweden's Minerals Act, enabling exploration and extraction permits. Aura says it can now update its exploitation permit application for the Haggan K1 project to include uranium, potentially adding "substantial value" to the deposit. Executive Chair Phil Mitchell says the ruling supports Sweden's plans to triple nuclear power capacity and highlights the country's 27% share of Europe's known uranium resources. Aura plans to expand exploration in Sweden and integrate uranium extraction into future project development.
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Seeing Machines Ltd - Canberra, Australia-based designer of vehicle operator monitoring systems - Says its collaboration with auto supplier Magna has reached a one-year milestone since launching its mirror-integrated driver and occupant monitoring system in China for a major German carmaker. The system, which uses Seeing Machines' AI-powered technology to detect driver distraction and drowsiness, is expected to ramp up to several million units annually, which will be the company's largest automotive programme to date. Seeing Machines is currently involved in 18 vehicle programmes with 11 global manufacturers, representing a combined lifetime value of USD392 million expected to be realised by 2028.
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Tan Delta Systems PLC - provider of oil-quality monitoring and maintenance systems for commercial and industrial equipment - Launches a paid phase two trial with one of the world's largest multinational online retailers to evaluate its real-time oil condition analysis and monitoring systems. The customer aims to monitor critical gearboxes used in conveyor systems at its distribution centres to reduce downtime and shift to predictive maintenance. Phase one validated the system on five gearboxes in one hub, while phase two will expand testing to multiple sites across Europe and the US with integrated data analytics. CEO Chris Greenwood says the project could lead to significant future rollout potential, noting that the customer is funding the second trial phase. "This customer has tens of thousands of critical gearboxes across its distribution estate, all of which rely upon oil for lubrication and reliable operation," he says. Shares rose 68% following the announcement.
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Octopus Renewables Infrastructure Trust PLC - London-based investment company, focused on European and Australian renewable energy assets - Notes a UK government consultation on proposed changes to the inflation indexation method for Renewable Obligation and Feed-in Tariff schemes from 2026. The consultation outlines two options: an immediate switch from RPI to CPI or a temporary freeze followed by a gradual realignment to CPI. Octopus estimates the impact on its portfolio would be "limited", given that less than 30% of its forecast revenue over the next five years is linked to ROC payments. An immediate switch would reduce net asset value per share by around 1.1 pence, while a gradual transition would cut NAV by about 3.9 pence. The company said it has no exposure to UK Feed-in Tariff revenues.
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By Eva Castanedo, Alliance News reporter
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Related Shares:
VictoriaAura EgySeeing MachinesTan DeltaOctopus Energy