Latest News
Audioboom H1 losses narrowed on record interim revenues
Podcast company Audioboom significantly said on Tuesday that it had reduced first-half losses after successfully bringing in record interim revenues.
Eurocell lifts FY profit expectations after solid first half
Window and door manufacturer Eurocell said on Tuesday that full-year pre-tax profit is set to be ahead of market expectations after a better-than-anticipated first-half performance.
Kape Technologies interim revenues, underlying earnings surge
Cybersecurity firm Kape Technologies said on Tuesday that trading had been strong throughout the first half of 2021 and was in line with management's expectations for the full year.
Virgin Wines FY revenue, EBITDA seen 'marginally' ahead of expectations
Virgin Wines said on Tuesday that FY21 revenue and EBITDA are set to be "marginally higher" than previous expectations following "strong" levels of customer demand in May and June.
Sosandar FY losses narrow as revenue grows
Online womenswear retailer Sosandar posted a narrowing of its full-year losses on Tuesday as revenues rose, thanks in part to an expanded product range.
FCA takes action against debt packagers
The Financial Conduct Authority has taken action against debt packager firms after it found that some were prioritising fees over the needs of customers.
Focusrite lifts expectations as strong demand continues
Audio production equipment and software company Focusrite updated the market on its trading on Tuesday, reporting that demand had remained “strong” since the start of its second half on 1 March.
Alliance Pharma trades strongly through first half
Healthcare company Alliance Pharma updated the market on its first half on Tuesday, reporting that it had traded “strongly”, with see-through revenue rising 24% year-on-year to £80. 9m, or 28% on a constant currency basis.
Tuesday broker round-up
Central Asian Metals: Canaccord Genuity initiates coverage at 'buy' with 280. 0p target price.
CVS expects full-year earnings to be slightly ahead of upgraded forecasts
Veterinary services provider CVS reported continued trading momentum in a full-year trading update on Tuesday, which it said delivered “strong” revenue growth.
Canaccord starts Central Asian Metals at 'buy', expects big excess cash generation
Analysts at Canaccord Genuity initiated coverage of Central Asia Metals at 'buy', pointing out to clients the long life of the miner's main assets, los cash costs and consistent output.
Midwich upbeat on first half as markets gradually reopen
Specialist audiovisual distributor Midwich Group updated the market on its first half of trading on Tuesday, reporting that the momentum it reported in the second half of 2020 had continued, with group revenue for the period expected to be about 29% higher year-on-year at £390m.
Fevertree lifts revenue guidance as on-trade reopens
Fevertree Drinks reported a 36% improvement in total first-half revenue in a trading update on Tuesday, to £141. 8m, with constant currency growth coming in at 39%, as it lifted its revenue expectations for the year.
The Works trades ahead of plan after annual loss
TheWorks. co. uk said sales were ahead of plan in its new financial year as the retailer reported a £3. 6m annual loss caused by Covid-19.
Corero interim order intake and revenues improve
Cybersecurity firm Corero Network Security said on Tuesday that both order intake and revenues were expected to have improved during the first half of 2021.
Induction Healthcare renews major contract with NHS Wales
Virtual care provider Induction Healthcare has renewed a major contract with NHS Wales, with an update and expansion of its current scope.
Victoria swings back to net profit as it expands by acquisition
Flooring designer and manufacturer Victoria reported a 6. 6% improvement in revenue in its preliminary results on Tuesday, to £662. 3m.
Transact owner IntegraFin sees FUD pass £50bn for first time
Transact owner IntegraFin reported a rise in third-quarter funds under (FUD) direction on Tuesday amid positive equity markets.
Dianomi H1 trading 'strong', interim revenues grow
Digital advertising firm Dianomi said on Tuesday that trading during the first half of the year was strong, putting it on track to perform in line with market expectations for the full year.
London open: Stocks recover after Monday's losses
London stocks rose in early trade on Tuesday, recovering some ground following heavy losses in the previous session on the back of Covid concerns.