Kenmare Resources +3.48%
Kenmare Resources PLC, a titanium minerals producer, has today reported a 22% increase in ore mined to 23,951,200 tons throughout 2013.
Zinc exploration and development company, Minco PLC, has today revealed it is to begin its winter exploration drilling programme in Canada. The drilling programme which is set to take up to six weeks is to consist of up to five drilling holes.
San Leon Energy +8.42%
Flow testing at San Leon Energy’s Lewino-1G2 well in Poland has now been completed with all goals met by the company. San Leon Energy is now set to spud its first horizontal well after gathering vital information from its testing.
Henry Boot +5.43%
Construction company Henry Boot PLC has today said pretax profit will beat management expectations by around 10% after a positive end to 2013 after a proportion of land was sold sooner than anticipated. Henry Boot reported full year revenue of around £150m, taking into account the land sales.
Pearson PLC -6.32%
UK-based publisher, Pearson PLC, has today revealed trading conditions will continue to be challenging throughout 2014 and expects to report full year operating profit of around £865m, down from £936m in 2012. Chief Executive Officer, John Fallon has said the following: “Our trading and financial performance has been weaker than expected, particularly in North America”.
EasyJet has reported mixed news on Thursday morning which has led to it being one of the main fallers of the FTSE 100 during morning trading. Average revenue per passenger increase quicker than average costs for the quarter ended Dec 31 and the airline also reported a rise in revenue for the same period. The company did however add they are expecting a wider than expected net loss for H1 against last years reported figures. Load factor was reported to increase by 0.1 to 88.7%. Carolyn McCall has said: “We have delivered revenue per seat growth in the quarter against a challenging competitive environment”.
Cyprotex has today revealed they expect full year revenue (Dec 31) to be above market expectations at around £9.77m.
IP Group -2.28%
Intellectual property specialists, IP Group, has today said they are to issue up to 45,454,856 shares at 165p each to raise £75m for the company.