Globalworth Real Est (GWI): Business update
GWI successfully raised €890m in 2017 and has invested the majority. Performance metrics are solid at 93.3% occupancy with a rental yield of 6.4% and a weighted average lease length of 5.7 years.
Read more...Osirium Technologies (OSI): Announces support for Microsoft Azure
Azure is the second largest public cloud operator with 20% of the market; support for Azure extends Osirium’s reach.
Read more...PPHE Hotel Grp Ltd (PPH): Audited annual results
Revenues grew in 2017 as trading improved across most operating regions. UK RevPAR increased by 4.4%. PPH is expanding its portfolio and looks forward to focusing on a strong pipeline of renovations and developments across the portfolio in 2018. PPH also appointed the CFO as an Executive Director of the Board.
Read more...Vernalis PLC (VER): Trading and corporate update
Stock down 1.9% at 08:30
Prescriptions of Tuzistra® XR have grown 74% YoY in the first 33 weeks of 2017-18 but prescriptions are unlikely to hit guidance levels. Plans to reduce cash burn are well developed and a more detailed update will follow.
Read more...Tetragon Financial Group Ltd (TFG): Full year 2017 results
Including dividends the NAV total return was 9% and share price total return was 16.3%. TFG is optimistic on equity tranches in CLOs and European event-driven strategies.
Read more...Coats Group PLC (COA): Full year 2017 results
Stock up 4% at 08:22
Revenues grew 4% in 2017, while the dividend was increased by 15%. Coats expect 2018 adjusted operating profits to be slightly ahead of previous estimates. Pension deficits have been addressed.
Read more...Greggs PLC (GRG): Preliminary full year 2017 results
Stock up 0.8% at 08:22
Solid full year results with sales up 7.4%, an expanding footprint and a raised dividend despite margin pressures.
Read more...Amur Minerals Corp (AMC): Details on 2018 Kun-Manie development programme
Stock down 9.4% at 08:22
AMC shifts focus from exploration to development and notes potential disruption of electronic vehicle raw materials markets may benefit project viability.
Read more...Ebiquity PLC (EBQ): Directorate change
Rob Woodward appointed as non-executive director and Chairman Designate, with effect from 1st March 2018.
Read more...Rockhopper Exploration plc (RKH): Greater Mediterranean update
Stock up 1.5% at 08:01
Production improved at Abu Sennan in H2 2017 and Rockhopper continues to develop exploration wells.
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