Xeros Technology drops despite narrowing loss
Xeros Technology posted a pre-tax loss of £12.9 million during the six months ended 30th June, narrowing from around £15 million in the H1 2017.
Xeros Technology posted a pre-tax loss of £12.9 million during the six months ended 30th June, narrowing from around £15 million in the H1 2017.
Supermarket WM Morrison reported that like-for-like sales were up by 4.9%, with particularly strong growth in the second quarter, but profits fell 29%.
Oil and gas producer Amerisur Resources improved its first half revenues by 93% to $67.9 million, with daily production 33% higher than in H1 2017.
AIM-listed leak detection specialist Water Intelligence saw its shares increase by 15.94% to 386.08p as total revenues climbed 39% to $11.80 million.
Homewares retailer Dunelm increased revenues by 9.9% to £1.05 billion with strong like-for-like growth particularly in the online division.
Shares in SSE dropped by 7.88% to 1,151.98p after it announced that persistently high gas prices and the weather continue to put pressure on the business.
AIM-listed Belvoir Lettings reported a 19% increase in group revenues for the half year ended 30th June to 6.12 million and a 66% rise in pre-tax profit.
Shares in FTSE 250 oil explorer Cairn Energy fell by 4.63% to 221.46p after the company’s tax disputes with the Indian tax offices weighed it down.
International food packing firm Hilton Food Group boosted its revenues for the 28 weeks to 15th July by 25% to £863.6 million.
ABCAM watched its shares sink by 12.80% to 1294p as it missed forecasts despite pre-tax profits climbing 33% to £69.1 million.