19th Jun 2025 10:27
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:
----------
Journeo PLC - Leicestershire-based transport system services provider - Subsidiary Infotec receives USD2.7 million purchase order from Outfront Media Group. The deal is for the supply of display systems for the New York City Metropolitan Transportation Authority. "The purchase order is for the manufacture and supply of double sided and single sided high-definition, wide aspect ratio passenger information displays, using core Journeo technology, for installation on station platforms," Journeo adds.
----------
Anpario PLC - Nottinghamshire, England-based animal feed additive manufacturer - Anpario is confident of achieving market expectations for 2025. It puts consensus at GBP44.8 million for revenue and GBP7.6 million for earnings before interest, tax, depreciation and amortisation. "There are challenges to navigate, however, and the current geopolitical environment makes it difficult to predict if and how our markets could be affected, but our geographic, species and product diversity should help to mitigate against any potential adverse impact," Anpario adds. "We are particularly encouraged by a strong performance in the United States with a recovery in the sales of pHorce to the swine sector and continued growth of Orego-Stim in the organic egg layer and young cattle segments. India is also delivering a particularly strong performance. Brazil continues to disappoint due to tough local trading conditions."
----------
Ondine Biomedical Inc - Vancouver, Canada-based life sciences company - Reports Hotel-Dieu de Sherbrooke adopts Steriwave as its standard of care for its orthopedic surgeries. It is the second hospital in Quebec to formally adopt Steriwave as its infection prevention technology for routine surgical protocols. "Steriwave is now in six of Canada's top ten largest hospitals," Ondine adds.
----------
Avacta Group PLC - Wetherby, West Yorkshire-based life sciences company - Reports new "partial response" has been seen in a salivary glance cancer sufferers following the dose expansion in the FAP-Dox phase 1b trial. "This further signal of antitumor activity in this disease setting is encouraging as the expansion cohort continues to enroll in the indication of salivary gland cancer," Avacta says. Avacta plans to publish final data from the Phase 1a trial in the second half of 2025.
----------
Tekcapital PLC - intellectual property investor - Portfolio company Guident Corp teams with ADASTEC Corp to teleoperate an autonomous electric bus on the campus of Michigan State University. It will be a level 4 autonomous vehicles under the Society of Automotive Engineers definition, meaning this means the vehicle can drive itself without human intervention within specific geographic areas, road types, weather conditions, and speed ranges and are "considered highly automated within defined operational design domains". "This means the vehicle can drive itself without human intervention within specific geographic areas, road types, weather conditions, and speed ranges," Tekcapital adds. Successfully teleoperating the electric bus is a "historic milestone" achieved by Guident and ADASTEC. "This is the first known instance of long-distance remote driving to address edge cases of a full-size automated bus in an operational transit setting," Tekcapital adds.
----------
Rosslyn Data Technologies PLC - cloud-based spend intelligence platform provider - Expects to report revenue growth of 14% to GBP3.3 million for the year ended April 30, from GBP2.9 million. Its loss before interest, tax, depreciation and amortisation is expected to have slimmed to GBP1.7 million from GBP2.5 million. "The increase in revenue in FY 2025 reflects the contribution from development fees and also growth in professional services fees, the latter being for work undertaken to tailor the company's solution to align with customers' infrastructure or meet specific additional solution requirements," Rosslyn says. Rosslyn says the conversion of some opportunities are taking longer than expected. The firm has been "prioritising quality of revenues", it explains. One of the opportunities taking longer to get over the line is the rollout of its services to other departments at a major new customer. "Notwithstanding the impact on the company's short-term growth rate, the board believes that this approach will enable Rosslyn to generate maximum value for shareholders in the medium- to long-term. Accordingly, and with the company having a clear path to delivering positive and sustainable growth for FY 2026, the board looks to the future with confidence," Rosslyn adds.
----------
Harvest Minerals Ltd - South America-focused fertiliser producer - Reports "encouraging and exciting results" from rare earth exploration work at the Arapua project in Brazil. It plans more reverse circulation drilling and sampling. Exploration work has been conducted in consultation with PVW Resources Ltd, however, Harvest Minerals will go it alone in the next batch of work. "Whilst we are delighted to benefit form the technical expertise of PVW, Harvest will continue the next round of exploration directly in order to accelerate the programme. We have created a high-impact, low-cost exploration programme for the next phase, which is expected to get underway shortly," Chair Brian McMaster says. On Monday, Harvest Minerals reported volumes of KP Fertil fertiliser orders to May 31 reached 12,300 tonnes. Sales in April and May improved due to "sales campaign and anticipation of a stronger seasonal second half". "Despite witnessing improvements, Brazil's agricultural sector still remains challenging given limited credit access. Harvest is maintaining a conservative commercial approach, by restricting sales to higher-risk clients to protect cash flow and reduce potential future default risk," it added. Harvest Minerals said Monday it is continuing strategic review which could result in "potential sale of one or both business divisions".
----------
ECR Minerals PLC - Australia-focused gold exploration and development company - Says drilling rig has been mobilised at Blue Mountain asset in Queensland. At Lolworth, also in Queensland, "drill-ready gold targets" have been defined. Drilling it set to start in July 2025. "ECR remains on budget and on schedule across its operations. Importantly, the under-budget completion of the recent Bailieston drilling campaign has provided flexibility to accelerate activities in Queensland. Final results from the antimony drilling programme at Bailieston are expected in the shorter-term," it adds.
----------
Oriole Resources PLC - West and Central Africa-focused gold exploration company - Sets out new exploration target for Fare prospect at Senala gold asset in eastern Senegal. Says 17 million to 24 million tonnes at grade of 0.69 to 0.84 grammes per tonne of gold, for 380,000 to 650,000 of contained gold has been estimated at Fare. "Senegal is a richly endowed gold mining country and the updated exploration target for the Senala gold project gives positive encouragement that it has considerable upside potential to host a significant sized gold deposit. The project is well located to already delineated large gold deposits in Senegal, as well as in western Mali. We look forward to finalising the joint venture agreement with our partners Managem and determining that potential to the full," Chief Executive Officer Martin Rosser says.
----------
By Eric Cunha, Alliance News news editor
Comments and questions to [email protected]
Copyright 2025 Alliance News Ltd. All Rights Reserved.
Related Shares:
JourneoOriole ResourcesRosslyn DataECR MineralsHarvest Mi (di)Ondine BiomedTekCapitalAvacta GroupAnpario