22nd Jan 2026 12:12
(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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Tristel PLC - Newmarket, England-based maker of infection prevention products - Tristel expects to report growth in revenue and adjusted earnings before interest, tax, depreciation and amortisation for the first half ended December 31. It also says its chief executive officer plans to leave. Revenue is expected to grow 14%, and adjusted Ebitda by 17%. Revenue in the first six months of financial 2025 amounts to GBP22.6 million and adjusted Ebitda to GBP6.3 million. The Ebitda margin stands at 28%, topping its "at least 25% target". Tristel says CEO Matt Sassone will leave to take on a role with a "large US multinational". "Matt will actively continue in post until the end of the financial year and has fully committed to continue leading the business through this period. The board has already commenced the process to appoint a new CEO and is confident that there is sufficient management depth in the business to ensure that trading will not be impacted during the transition," Tristel says.
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Airea PLC - West Yorkshire, England-based flooring company - Airea reports "softer demand" in the second half of 2025, after a "strong" first half. Sales in the year rise 1.0% to GBP21.3 million, it says in a trading statement. Growth slows from 5.8% in the first half. "The UK and [Ireland] delivered sales growth of 2.3% in the year, with the second half performance impacted by uncertainty relating to the UK government's November budget. Sales in the group's international markets were 4.0% below the prior year, with performance continuing to be impacted by global geopolitical instability," Airea explains.
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Eurocell PLC - Derbyshire, England-based manufacturer, recycler and distributor of window, door and roofline PVC products - Eurocell expects sakes and adjusted pretax profit for 2025 to be in line with expectations. "Trading conditions have remained subdued, with challenging macroeconomic conditions and weak consumer confidence continuing to impact both the repair, maintenance and improvement market and new build housing. These trends were compounded in the fourth quarter of the year, with increasing uncertainty over the autumn budget announcements driving a further slowdown," Eurocell says. Revenue for 2025 is up 13%, it says, boosted by its Alunet acquisition, but organic revenue is flat. "We have faced ongoing competitive pressure on selling prices in the branches, as well as overhead cost inflation across the business. Our focus remains on further operational improvements and cost reduction initiatives to drive greater efficiencies and to mitigate against the impact of weaker markets," Eurocell says. It will release annual results on March 19.
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Fonix PLC - London-based mobile payments and messaging services provider - Fonix says gross profit and earnings before interest, tax, depreciation and amortisation are in line with management expectations in the first half ended December 31. Gross profit rises 7.1% on-year to GBP10.5 million from GBP9.8 million, with adjusted Ebitda up 6.4% to GBP8.3 million from GBP7.8 million. "Fonix intends to pay an increased interim dividend in March 2026, in line with the company's progressive dividend policy to pay out at least 75% of adjusted earnings per share," the firm says. It paid a 2.90 pence a share interim dividend the prior financial year. "Fonix enters the second half of FY26 with positive trading momentum and the strongest trading run-rate to date from its existing client base, alongside excellent progress in international markets. Portugal continues to gain momentum following the successful commercial launch in September, with a growing pipeline of opportunities across additional media broadcasters. The company is targeting the launch with at least one further customer during the current financial year, although timing remains dependent on client scheduling priorities. Beyond Portugal, the company has a strong pipeline of opportunities in other international markets, which the board expects to begin contributing strongly to growth from FY27," Fonix says.
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Netcall PLC - Bedford, England-based enterprise software for automation and customer engagement - Results for the first half ended December 31 will be in line with management expectations. Revenue is estimated to have risen 15% to GBP26.5 million from GBP23.0 million a year prior. Netcall also guides adjusted Ebitda growth of 12% to GBP6.4 million from GBP5.7 million. "We have made a good start to FY26. Cloud growth remains strong across our customer sectors as organisations prioritise productivity gains from automation and AI. Adoption of Liberty's Cloud and AI capabilities continues to build, reflecting returns on prior investment and more customers expanding their use of the platform," Chief Executive Officer James Ormondroyd says.
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Maintel Holdings PLC - London-based provider of communications services - Adjusted Ebitda of GBP7.2 million is estimated for 2025, on revenue of GBP92.2 million. These results are in line with expectations but down from GBP10.5 million and GBP97.9 million, respectively, in 2024. Maintel says: "While sales in the public sector were slightly subdued and the new customer acquisition landscape remained competitive during the second half of 2025, the performance of major enterprise accounts within the private sector continued to be strong, particularly in retail and financial services."
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Artisanal Spirits Co PLC - Edinburgh, Scotland-based distiller of single-cask and limited-edition whiskies - Trading in 2025 is in line with expectations, Artisanal says. In-market trade improves in the second half compared to the first across the key areas of UK, Europe, US and China, the firm adds. Scotch Malt Whisky Society's underlying membership number is "maintained year-on-year" at 40,000. "Furthermore, the rate of revenue decline in China slowed in H2. The US market, which remains the world's largest market for Scotch Malt Whisky, moved into positive territory to deliver mid-single digit growth in Q4," it adds. Single Cask Nation sees double-digit percentage revenue growth, despite a sizeable shipment being postponed due to the US government shutdown. Cask Sales also rise by double-digits.
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By Eric Cunha, Alliance News news editor
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