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Lastest Finance News

IN BRIEF: Ilika trades in line with annual market expectations

23rd Apr 2024 12:14

Ilika PLC - Romsey, England-based solid-state battery technology company - Trade in the year ending April 30 has been in line with current market expectations. Expects to report revenue of GBP2.0 million up from GBP800,000. Says the figure reflects a material increase in grant funding received during the first half of the financial year and, as expected, this was not replicated in second half due to the phasing of grant activity. Read More

Eleco reports records levels of recurring revenue growth in 2023

23rd Apr 2024 12:11

(Alliance News) - Eleco PLC on Tuesday said it expects its strong financial performance to continue throughout the current year. Read More

NatWest boss admits "unexpected challenges" for bank in 2023

23rd Apr 2024 12:03

(Alliance News) - The chair of NatWest Group PLC has said the banking sector is "evolving rapidly" as he acknowledged that the lender faced "unexpected challenges" during 2023. Read More

UK PM to pledge record package for Ukraine on Poland-Germany trip

23rd Apr 2024 12:01

(Alliance News) - UK Prime Minister Rishi Sunak will pledge a record package of military aid for Ukraine as he travels to Warsaw and Berlin to meet the leaders of Poland, Germany and Nato. Read More

LONDON MARKET MIDDAY: FTSE 100 pushes to new high; AB Foods surges

23rd Apr 2024 12:00

(Alliance News) - The FTSE 100 hit another intraday high on Tuesday, driven by data providing some "fresh optimism" about the UK economy. Read More

UK PM vows "nothing will stand in way" of Rwanda flights after bill

23rd Apr 2024 11:58

(Alliance News) - UK Prime Minister Rishi Sunak said "nothing will stand in our way" of getting flights to Rwanda off the ground, as the government braced itself for legal challenges to the scheme to send asylum seekers to the east African country. Read More

Kistos acquisition to become "key pillar" of green energy transition

23rd Apr 2024 11:26

(Alliance News) - Kistos Holdings PLC on Tuesday said it had completed its acquisition of the gas storage arm of EDF Energy Ltd. Read More

IN BRIEF: Crossword Cybersecurity shares rise 7% as nears breakeven

23rd Apr 2024 11:22

Crossword Cybersecurity PLC - London-based cyber security and risk technology - Pretax loss narrows to GBP4.1 million in 2023 from GBP4.6 million in 2022, as revenue rises by 15% to GBP4.2 million from GBP3.6 million. Notes that annual recurring revenue stands at GBP2.5 million at year-end, up 65% on a year before. Sees further strong revenue growth in 2024, expecting to be within 10% of its target of GBP7 million, though near the lower end of this range. Crossword expects to reach breakeven on cash and operating earnings on a monthly basis during the second half of 2024. Read More

tinyBuild swings to annual loss on higher costs; revenue plunges

23rd Apr 2024 11:13

(Alliance News) - tinyBuild Inc on Tuesday said it swung to a loss in 2023 and saw its revenue fall amid expected drop in contracts. Read More

Arecor chief financial officer to leave in July after five years

23rd Apr 2024 11:02

(Alliance News) - Arecor Therapeutics PLC on Tuesday said its chief financial officer has resigned to pursue new opportunities. Read More

Asia Dragon underperforms benchmark as Chinese equities falter

23rd Apr 2024 10:51

(Alliance News) - Asia Dragon Trust PLC on Tuesday reiterated its confidence in Asian equities despite underwhelming performance in the first half of the year. Read More

Helix Exploration executes contract for Cardwell drilling rig

23rd Apr 2024 10:32

(Alliance News) - Helix Exploration PLC on Tuesday said that it has executed a binding contract with Treasure State Drilling LLC for the provision of a drilling rig. Read More

THG hails Beauty division performance; expects interim revenue growth

23rd Apr 2024 10:29

(Alliance News) - THG PLC on Tuesday reported continued sales momentum in its first quarter, with its Beauty division driving revenue. Read More

Alphawave confident in long term growth potential as revenue rises

23rd Apr 2024 10:15

(Alliance News) - Alphawave IP Group PLC on Tuesday said financial performance in 2023 fell short of guidance. Read More

AIM WINNERS & LOSERS: RWS shares hit by drop in profit

23rd Apr 2024 10:15

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday. Read More

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