Avation shares rises as revenues climb
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Master Investor exhibitor Avation has reported a 16% increase in revenues for the year ended 30th June as it added 5 new aircraft to its fleet.
Financial News
Melrose rises despite first half loss
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Melrose Industries saw its shares rise by 3.95% to 231.50p despite dropping in to a loss for the first half due to costs linked to the acquisition of GKN.
Go-Ahead Group surges on higher profits
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Consumer travel operator Go-Ahead Group has said that performance beat expectations during the year ended 30th June despite revenues falling by 0.6%.
William Hill climbs on new US partnership
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Bookmaker William Hill has announced its US subsidiary has formed a new partnership with Eldorado Resorts for sports betting and online gaming.
Anpario falls as it books flat revenues for the start of the year
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AIM-listed animal feed additive outfit Anpario saw its shares drop by 1.92% to 460p as sales flatlined at £14.8 million during the first half.
Velocity Composites warns on slow revenues and low margins
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Velocity Composites has warned that full-year revenues will not meet expectations due to a number of factors, including delayed and cancelled projects.
Utilitywise falls as enterprise difficulties continue
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Cost management consultancy Utilitywise reported that its enterprise division continued to struggle, with its order book 17% lower than at last year’s end.
DS Smith says market conditions positive
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Shares in international packaging specialist DS Smith were up by 1.9% over yesterday’s close before normalising over the course of the morning.
Tissue Regenix climbs on higher sales and narrower EBITDA loss
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Tissue Regenix saw sales for the six months ended 30th June rise by 61% to £5.6 million with gross margins up by 12.1 percentage points to 56%.
Footasylum sinks on high street struggles
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Shares in AIM-listed shoes and streetwear retailer Footasylum plunged by 50% to 42p after there was no recovery on the UK high street performance.