19th Jan 2026 13:17
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:
----------
Distil PLC - London-based owner of premium alcoholic drinks brands - Says revenue fell 26% to GBP173,000 in the third quarter to the end of December from GBP233,000 in the prior year. The firm says volumes into distributors decreased 39%, while volumes at consumer level increased 36%. "The increased sales at consumer level is not reflected in Distil's reported sales outturn in Q3 due to existing stock holdings within the trade," notes Executive Chair Don Goulding. "Inventory acquired by distributors to cover the Christmas trading period were predominantly built in Q2, and there is overall pressure across the supply chain to work with more efficient stock levels, with retailers running stock cover at a lower level." Distil says global market conditions continue to be tough across the beverage alcohol industry, including spirits, as consumer confidence remains fragile. It adds that the medium-term outlook for the industry "continues to be challenging".
----------
SulNOx Group PLC- London-based green fuel technology developer - Reports it has secured a "second important patent in South Africa". This is its fourth in the fuel oil reclamation market, boosting its protection to 49 nations. "The intellectual property protected is an improved oil / water separation methodology developed by Sulnox, incorporating its already patented emulsification products," the company adds.
----------
Ferro-Alloy Resources Ltd - developing Balasausqandiq vanadium deposit in southern Kazakhstan - Enters deal for the supply of up to 360,000 tonnes of carbon black substitute per year to Qingdao Master Tyre Co Ltd. Master Tyre plans to use the material for its own production and for sale to other tyre and rubber manufacturers in China. The new carbon black substitute product will be produced from high carbon, low vanadium waste rock. "Master Tyre's innovative approach to tyre manufacturing and [research & development] capability will maximise the environmental and cost benefits of using our latest CBS product and will develop significant technical knowledge in optimising its use in rubber manufacturing," says Ferro-Alloy Resources Chief Executive Officer Nick Bridgen.
----------
Cambridge Cognition Holdings PLC - Cambridge, England-based brain health software provider - New sales orders improve in 2025, but revenue declines. Revenue falls 10% to GBP9.4 million from GBP10.3 million. The adjusted loss before interest, tax, depreciation and amortisation is expected to be in line with market expectations. The loss in 2024 totalled GBP43,000. New sales orders surge 73% to GBP12.8 million. "Revenue expectations for 2025 were expected to be lower reflecting the weakness of the order book from 2024, prior to the significant changes that have been made to the management team and commercial operations. The company has delivered revenue broadly in line with the revised FY25 consensus market expectations," the firm says. "The company enters 2026 with a strong pipeline of opportunities and expects the investments in the commercial team to support further growth in new sales orders throughout the year. The company is also continuing to develop in the consumer health and wellness markets and expects to build on the encouraging progress in this area through 2026."
----------
Nexteq PLC - Cambridge, England-based technology solutions provider to customers in selected industrial markets - Says trading in 2025 was in line with market expectations, with revenue increasing to USD90.2 million from USD86.7 million in 2024. Adjusted pretax profit is to be no less than consensus of USD3.6 million, down from USD4.8 million in 2024. It notes a "change in customer mix, and the impact of increases in critical component costs, especially memory in Quixant computers". "The outlook for FY26 remains in line with previous guidance. Significant new customer wins in 2025 will be on-boarded through 2026, and the board expects continuing positive order book momentum from new product introductions, including the innovative Gaming Software solution, LaunchPad, being formally launched in January 2026, alongside the realisation of previous large customer wins. Operating costs remain under control in 2026, with savings made in the second half of 2025 allowing investment in new customer acquisition and integration support," Nexteq adds.
----------
Surface Transforms PLC - producer of carbon-ceramic automotive brake discs - Expects a narrowed loss and revenue surge for 2025. An operating loss of GBP8.7 million is expected, narrowing from GBP23.4 million. Revenue is expected to have risen to GBP18.0 million from GBP8.2 million. Looking to 2026, a further hike to GBP27.0 million is forecast.
----------
BATM Advanced Communications Ltd - Israel-based provider of network infrastructure, cybersecurity and diagnostic technologies - BATM has been picked as a cybersecurity partner for FPT Israel, which is part of Vietnam-based digital transformation services provider FPT Corp. "This partnership represents an opportunity to expand the reach of BATM's quantum-resilient and post-quantum security technologies through a leading global technology group. FPT's scale, strong presence in Asia and focus on advanced digital infrastructure is well-aligned with BATM's long-term growth strategy for software-based cybersecurity solutions," BATM CEO Moti Nagar says.
----------
By Eric Cunha, Alliance News news editor
Comments and questions to [email protected]
Copyright 2026 Alliance News Ltd. All Rights Reserved.
Related Shares:
DistilFerro-alloy Re.Cambridge CogNexteqSurface TransformsBatm Advanced