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Pin to quick picksAbingdon Healt. Share News (ABDX)

Share Price Information for Abingdon Healt. (ABDX)

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Share Price: 11.00
Bid: 10.50
Ask: 11.50
Change: -0.20 (-1.79%)
Spread: 1.00 (9.524%)
Open: 11.00
High: 11.00
Low: 11.00
Prev. Close: 11.20
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TRADING UPDATES: Science Group swings to profit, eEnergy revenue grows

Tue, 09th Mar 2021 17:07

(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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Science Group PLC - Cambridge-based scientific consultancy services firm - For 2020, swings to pretax profit of GBP6.4 million from loss of GBP1.6 million, on revenue that grew 29% year-on-year to record levels of GBP73.7 million from GBP57.2 million, driven by a full year contribution from Frontier Smart Technologies. Declares dividend of 4.0 pence per share. Remains optimistic on its continued progress in 2021, following a good start in spite of economic uncertainty.

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eEnergy Group PLC - energy efficiency services provider based in London - For the six months ended December 31, pretax loss narrows to GBP888,000 from GBP1.1 million the year before, as operating expenses more than doubled to GBP3.2 million from GBP1.5 million, including one-off reverse acquisition costs, while revenue more than tripled to GBP6.8 million from GBP2.0 million. Organic revenue more than doubled to GBP4.0 million. For the year ending June 30, expects to achieve a breakeven net income before exceptional items, with revenue and profit set to be in line with management expectations.

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Orchard Funding Group PLC - Luton-based finance company - For the six months ended January 31, pretax profit down 39% at GBP610,000 from GBP1.0 million, on revenue that declined 19% year-on-year to GBP2.3 million from GBP2.9 million. As at January 31, loan book drops to GBP27.9 million from GBP34.0 million the same date the year before, and lending volumes fell 21% to GBP30.0 million from GBP37.9 million.

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Greatland Gold PLC - precious and base metals exploration and development in Western Australia and Tasmania - For the six months ended December 31, pretax loss widens slightly to GBP2.7 million from GBP2.6 million the year before, on no revenue generated for the current period. During the period, the Haveieron project delivered an initial inferred mineral resources estimate of 52 million tonnes for 3.4 million ounces in gold, 160,000 tonnes of copper and 4.2 million gold equivalent.

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Headlam Group PLC - floor covering firm - For 2020, swings to statutory pretax loss of GBP17.1 million from profit of GBP35.2 million, due to most of its UK operations being closed as a result from late March to the end of June. In addition, there were goodwill impairment charges, mainly in relation to Domus, which suffered considerably from delays and cancellations to projects. In addition, revenue declined 15% year-on-year to GBP609.2 million from GBP719.2 million, following a much weaker first half and a second half recovery. Looking ahead, trading in first two months were soft as non-essential retail businesses remaining closed under lockdown. Plans to resume dividend payments in 2021.

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Brand Architekts Group PLC - Teddington, south west London-based personal care and beauty products - For the six months ended December 31, pretax profit rises to GBP435,000 from GBP302,000 for the 28 weeks ended January 11, 2020. Revenue for the period declined 15% year-on-year to GBP9.0 million from GBP10.6 million, as Covid-19 affected high street sales and consumer footfall. Declared no total dividend per share, down from 0.9 pence the prior year.

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Angus Energy PLC - UK-focused onshore oil and gas development company - For 2020, pretax loss narrows to GBP2.5 million from GBP5.0 million the year before, on smaller impairment charges and administrative costs, and in spite of a drop in revenue to GBP68,000 from GBP200,000. Looking ahead, Angus is planning for an extended well test at Balcombe and intends to resume production at Brockham and Lidsley.

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Gresham Technologies PLC - London-based software and services company - For 2020, pretax profit edges up at GBP308,000 from GBP303,000, while adjusted earnings before interest, tax, depreciation and amortisation rose 10% to GBP4.5 million from GBP4.1 million, due to a slight drop in administrative expenses. However, revenue dipped 1% year-on-year to GBP24.8 million from GBP25.0 million. Declares final dividend of 0.75 pence per share, in line with year before.

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Abingdon Health PLC - developer and manufacturer of rapid tests - For the six months ended December 31, pretax loss widens further to GBP1.6 million from GBP775,000 the year before, due to a sharp rise on the cost of sales and more than doubled administrative expenses. This was in spite of revenue rising significantly to GBP7.7 million from GBP1.6 million, driven mainly by its contract with the UK Department of Health & Social Care for the supply of AbC-19 Covid-19 rapid test. Looking ahead, the tier one order pipeline for the test continue to grow, giving confidence of Abingdon's performing in line with market expectations for the current financial year.

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By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
19 Jun 2023 10:23

Abingdon shares up following launch of saliva-based pregnancy test

(Alliance News) - Abingdon Health PLC shares were up on Monday, after it said it has launched Salistick, the first-ever saliva pregnancy test, in the UK and Ireland.

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19 Jun 2023 10:02

AIM WINNERS & LOSERS: Abingdon launches saliva-based pregnancy test

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31 Mar 2023 17:23

TRADING UPDATES: Gfinity revenue up; Pensana warns on funding needs

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

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20 Mar 2023 10:50

Abingdon Health stock up on partnership with Senzo on diagnostic tests

(Alliance News) - Abingdon Health PLC on Monday announced it has signed a partnership agreement with Senzo Health Ltd to provide contract development and manufacturing services to support the firm's test development.

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20 Mar 2023 10:01

Abingdon Health strikes strategic partnership with Senzo

(Sharecast News) - Diagnostic tests manufacturer Abingdon Health has entered into a strategic partnership with lateral flow technology group Senzo.

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10 Mar 2023 16:57

IN BRIEF: Abingdon Health granted additional patent AppDx LFT reader

Abingdon Health PLC - lateral flow contract development and manufacturing company - On Tuesday, announces the granting of an additional patent for its AppDx lateral flow smartphone reader.

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28 Feb 2023 14:47

TRADING UPDATES: Abingdon Health optimistic; Chamberlin expects growth

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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28 Feb 2023 12:03

LONDON MARKET MIDDAY: Stocks lower; Sunak looks to sell protocol deal

(Alliance News) - Stock prices in London were mostly lower at midday on Tuesday, as investors wait to hear whether UK Prime Minister Rishi Sunak has been able to win support for his Northern Irish border deal with the EU.

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28 Feb 2023 10:33

AIM WINNERS & LOSERS: Safestay rises as young people travel again

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.

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19 Dec 2022 17:19

TRADING UPDATES: Anglo Asian Mining reports mineral resource estimate

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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19 Dec 2022 13:51

Abingdon Health confident moving into 2023

(Sharecast News) - Diagnostic test developer and manufacturer Abingdon Health said in an update on Monday that its outlook moving into 2023 remained unchanged.

Read more
12 Dec 2022 15:43

UK shareholder meetings calendar - next 7 days

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Softcat PLCAGM
Spectris PLCGM re remuneration policy
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TP Group PLCGM re cash acquisition
Volution Group PLCAGM
Westpac Banking CorpAGM
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Chelverton Growth Trust PLCAGM
CQS Natural Resources Growth & Income PLCAGM
DX Group PLCAGM
DXS International PLCAGM
Glenveagh Properties PLCEGM
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Schroder Income Growth Fund PLCAGM
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Inchcape PLCGM re Derco acquisition
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Sareum Holdings PLCAGM
Thor Explorations LtdAGM
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Brand Architekts Group PLCAGM
China Nonferrous Gold LtdAGM
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Mila Resources PLCAGM
Purplebricks Group PLCGM re chairman replaced by Harry Hill
Renalytix PLCAGM
RTW Venture Fund LtdEGM
Star Phoenix Group LtdGM re resolution to approve change of auditor
Technology Minerals PLCAGM
Visum Technologies PLCAGM
  
Copyright 2022 Alliance News Ltd. All Rights Reserved.

Read more
28 Nov 2022 13:38

CORRECT: Abingdon Health annual loss widens on lack of Covid testing

(Corrects that Abingdon Health is based in York, not Oxford.)

Read more
24 Nov 2022 11:20

Abingdon Health annual loss widens vastly on lack of Covid testing

(Alliance News) - Abingdon Health PLC on Thursday reported a widened loss in the year that ended June 30 as revenue fell sharply.

Read more
7 Oct 2022 17:33

UPDATE: Abingdon shares jump following judicial review judgement

(Alliance News) - Abingdon Health PLC on Friday saw shares surge after a legal judgement confirmed that the lateral flow test kit contract award it received from the UK Department of Health & Social Care was lawful.

Read more

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