Edison Investment Research

4imprint Group PLC (FOUR): Trading Statement

Stock down 2%

Robust organic revenue growth during the fourth quarter of 2017.

Secure Trust BankPLC (STB): Pre-Close Trading Update.

Trading in the final period of the year has been in line with management’s expectations and as a result the full year results are expected to be in line with market expectations.

Greggs PLC (GRG): Fourth Quarter Trading Update.

A year of good growth but expect industry-wide cost pressures to continue. Total sales were up 7.4%, with company-managed shop like-for-like sales up 3.7%. Full year results are anticipated to be in line with management’s previous expectations.

WANdisco Plc (WAND): Trading Update.

Stock down 7%

WANdisco highlights strong commercial momentum and an engaged partner channel, evidenced by landmark WANdisco Fusion wins across multiple industries and record bookings, up 45% year on year to $22.5 million.

Euromoney Ins. Inv PLC (ERM): European Commission Inspection of its RISI business.

The European Commission is investigating the sector of Kraft paper in the European Union/European Economic Area.

Avacta Group PLC (AVCT): Drug Development Partnership with Glythera.

Stock up 5.3%

Positive outcome of proof-of-concept study with Glythera and follow on drug development partnership. Avacta to receive development milestone payments and royalties on sales of an approved drug developed by Glythera. Drug conjugate market expected to be worth $14.6bn by 2030.

Carclo plc (CAR): Trading Update and Board Changes.

Stock down 44%

Carclo misses expected strong performance in second half. Current year performance expected to be significantly lower than planned and next year profit expectations lowered. Technical Plastics division profits expected to be significantly lower than planned. LED technologies division has experienced delays in revenue recognition for Wipac but expects these revenues to be booked next year. While this is a setback, the Board believes that the medium term outlook for the Group remains positive.

e-Therapeutics plc (ETX): Enters two AI collaborations.

Stock up 3.5%

e-Therapeutics to collaborate with Intellegens and Biorelate to enhance and extend its AI technology capabilities. Both companies have artificial intelligence (AI) tools which, after pilot studies, have been proven to enhance ETX’s existing computational NDD technology.

WANdisco Plc (WAND): Company announces new position and hire of a VP of Research.

WANdisco announced today the addition of Ramki Thurimella Ph.D as VP of Research in the company’s Silicon Valley headquarters. Ramki will be working in Fusion Kernel which looks at new use cases for the Company’s patented Distributed Coordination Engine™ (DConE) and their transformation into successful commercial products.

Caledonia Mining Corporation (CMCL): Record quarterly and annual gold production.

Stock up 4%

Production in the quarter was 14 per cent higher than the previous quarter (Q3 2017) which was itself a record production quarter, and 21 per cent higher than the corresponding quarter of 2016 (Q4 2016). All production numbers are expressed on a 100 per cent basis and are subject to adjustment following final assay at the refiners.