Marechale Capital +35.29%
Investment banking and finance firm, Marechale Capital, has today reported HY pretax profit of £18,915 in comparison to a loss of £156,044 last year. Revenue figures are £433,924 vs. £140,682 which has been the result of new business being generated.
Elektron PLC +9.26%
Global technology firm, Elektron PLC, has said Tuesday morning they have returned to an adjusted operating profit after taking action to fix operational challenges that the company faced at the beginning of the year. The group has achieved this through price increases and reducing operating expenses which has also improved the sales backlog.
M Winkworth +8.91%
Real estate franchiser, M Winkworth, has today reported a 24% increase in Q3 group revenue and also expects FY revenue to exceed market expectations. This rise in revenue has been the result of improving levels of transactions and price rises on the London property market. Rentals accounts for around 40% of the turnover and remains strong with further growth achieved throughout the year.
Angle has today announced they have achieved the CE mark in the EU for its Parsortix cell separation system which is a significant milestone for the company. By achieving this award, it confirms the system meets essential requirements that it needs to be used in the EU. Angle is now to submit an application for clinical use of the system in the US.
Science in Sport +6.45%
Sports nutrition company, Science in Sport, has today signed an agreement with the world’s largest cycling distributors, Shimano. This agreement will take the Science in Sport brand into Sweden, Finland, Poland and Norway for the first time. The exclusive agreement is set to commence on 1 May 2014.
Dixons has today fallen -2.47%, despite reporting a significant rise in HY pretax profits to £30.2m, mainly due to rival Comet falling into administration last November. Despite this profit boost, the company is said to be ‘cautious’ about the outlook for consumers as they anticipate a challenging H2.
Nasstar PLC -36.90%
Cloud computing company, Nasstar, has today posted a HY pretax loss of £573,000, compared with £383,000 a year ago. The company has also announced today a proposed acquisition of Denera Holdings in a deal worth £13m.
Iodine exploration and production specialists, Iofina, has seen a sharp decline in their share price this morning after reporting that overall 2013 revenue is to be flat from 2012 levels. The reason for this is mainly due to delayed 2013 shipments by Iofina Chemical that will now arrive in 2014, resulting in an inventory build-up.
Provexis has today narrowed its H1 pretax loss to £0.58m from £0.77m. The company has said they continue to cut costs in the business and have sufficient funds to take the company to 2016 before looking at future revenue.
Hydrogen Group -5.49%
Recruitment firm, Hydrogen Group, has today revealed H2 pretax profit will be below market expectations, down by around £0.3m from H1