StatPro Group (SOG); announces strategic partnership with Broadridge
Stock down 0.28% to 177.50p
SOG announced of a new partnership with Broadridge Financial Solutions to enhance the latter’s performance reporting platform. The transition to SOG is already in progress for existing Broadridge performance clients and is expected to be completed by the end of 2018.
Read more...Findel (FDC); revenue grew 4.8%, adjusted operating profit up 15%
FDC announced its FY18 (March 2018) results with revenue at £479m (+4.8% yoy, LFL +5.9%) and adjusted operating profit at £36m (+15.4% yoy). The adj. operating margin improved 70bps to 7.5%.
Read more...Oxford BioMedica (OXB); licence agreement with Axovant Sciences
Stock up 18.78% to 860.00p at 8:10
OXB announced that it entered into an exclusive licence agreement with Axovant Sciences to develop and commercialise OXB-102, now renamed AXO-Lenti-PD, a gene therapy for Parkinson’s disease.
Read more...NetScientific (NSCI); Bob Englert named CEO for Vortex Biosciences
NSCI has announced the appointment of Bob Englert as CEO for its portfolio company Vortex Biosciences with immediate effect replacing Gene Walther.
Read more...Share (SHRE); Q1 trading in line with management expectations
Stock up 3.00% to 26.78p at 8:00
Ahead of the AGM to be held on 6 June 2018, SHRE has stated that revenues during the quarter ended 31 March 2018 grew by 20% YoY and the trading activity was in line with management expectations.
Read more...discoverIE Group (DSCV); preliminary results: strong sales and earnings growth
Stock up 3.05% to 439.0p at 8:28
DSCV’s FY 2017/18 revenue increased 15% YoY to £387.9m (from £338.2m). Its reported fully diluted EPS rose 210% to 15.8p from 5.1p.
Read more...Carclo (CAR); declares preliminary results; Revenue increased by 5.7%
Stock down 4.22% to 86.2p at 8:18
CAR’s revenue increased by 5.7% to £146.2m, compared to last year’s figure of £138.3m, for the year ended 31 March 2018. EPS increased to 11.6p compared to 2017’s figure of 11.5p due to lower tax charge.
Read more...Keywords Studios(KWS); agrees to new revolving credit facility for up to €105m
Stock down 0.12% to 1,698.0p at 8:04
The credit facility will be provided by Barclays Bank plc, HSBC Bank plc and Lloyds Banking Group plc for an initial €75m over a three-year term with an option to extend the facility up to €105m and by a further two years. The new credit facility replaces the existing €35m facility and is on better terms.
Read more...GB Group (GBG); final results: Financial performance ahead of market expectations
Stock down 1.73% to 511.0p at 8:10
For the year ended 31 March 2018, revenue grew 37% YoY to £119.7m, of which 17% was organic growth. Adjusted operating profit rose 55% to £26.3m. Adjusted basic EPS increased 17% to 15.3p. Dividend per share stood at 2.65p, registering a 13% YoY increase. The outlook is positive.
Read more...WYG (WYG); final results; order book up 14.7% YoY; interim dividend of 0.6p
WYG has reported final results ended 31 March 2018. Revenue (including JV) grew 1.7% to £154.4m (2017: £151.8m) and order book rose 14.7% to £166.4m (31 March 2017: £145.0m).
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