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Microsaic revenues rise beyond pre-pandemic levels in first half
Mass spectrometry (MS) technology company Microsaic Systems reported unaudited first-half revenues of £0. 5m on Monday, making for a 594% increase over the first half of 2020, and a 52% improvement over the first half of 2019, pre-pandemic.
Elixirr raises expectations again after strong first half
Business management consultancy Elixirr International reported a 77% increase in revenue in its first half on Monday to £24m, with record revenue reported for five of the six months in the period.
Journeo revenue, profits rise despite challenging conditions
Information systems and transport services company Journeo reported a £0. 5m improvement in first-half revenue on Monday, to £7. 2m.
Norman Broadbent remains EBITDA positive in first half
Professional services firm Norman Broadbent reported revenue of £3. 1m in its first half on Monday, down from £4. 43m a year earlier, as its gross profit slipped to £2. 75m from £3. 32m.
Revolution Beauty revenues jump 35%
Revolution Beauty backed its full-year expectations on Monday as it posted a 35% jump in first-half sales.
Destiny Pharma's China partner starts new XF-73 programme
Clinical-stage biotechnology company Destiny Pharma announced on Monday that its China regional partner and investor, China Medical System Holdings (CMS), is establishing a new programme with ‘XF-73’ targeting the prevention and treatment of superficial skin infections caused by bacteria.
London open: Rolls-Royce paces the advance after contract win
London stocks rose in early trade on Monday, with engine maker Rolls-Royce pacing the advance after a contract win.
Novacyt swings to first-half loss amid DHSC dispute
Clinical diagnostics specialist Novacyt reported group consolidated unaudited revenue of £54m in its first half on Monday, down from £63. 3m year-on-year, which excluded £40. 8m of Department of Health and Social Care (DHSC) revenues, while that contract dispute continued.
Europe open: German shares rise on election result
German shares rose sharply on Monday as the chances of a left-wing coalition gaining power lessened after the country’s national election.
Randall & Quilter appoints Andy Pinkes as global CEO of legacy
Non-life specialty insurance company Randall & Quilter announced the appointment of Andy Pinkes as the global chief executive officer of its legacy insurance business on Monday.
Prudential raises $2.4bn from Hong Kong offering
Insurance group Prudential has raised $2. 4bn from its raising in Hong Kong after offering new shares in the company HK$143. 80 (£13. 51) each, the company said.
Workspace acquires 'the Old Dairy' in Shoreditch
Workspace Group has exchanged contracts to acquire Stapleton House, also known as 'the Old Dairy', in Shoreditch, for a total of £43. 38m, it announced on Monday.
United Utilities H1 profit, revenue seen higher as consumption increases
United Utilities said on Monday that trading has been in line with its expectations and that it expects to report a rise in first-half revenue and underlying operating profit amid rising water consumption.
Hikma buying US firm Custopharm, Workspace agrees Shoreditch property purchase
London open The FTSE 100 is expected to open 71 points higher on Monday, having closed down 0. 38% on Friday at 7,051. 48.
London pre-open: Stocks seen higher; German election in focus
London stocks were set to rise at the open on Monday as investors mull the results of the German election over the weekend.