The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAccesso Technology Group Share News (ACSO)

Share Price Information for Accesso Technology Group (ACSO)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 700.00
Bid: 682.00
Ask: 698.00
Change: 24.00 (3.55%)
Spread: 16.00 (2.346%)
Open: 676.00
High: 700.00
Low: 666.00
Prev. Close: 676.00
ACSO Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

EARNINGS UPDATES: MP Evans dividend outlook bright; ScS share buyback

Tue, 22nd Mar 2022 21:01

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

----------

Sabre Insurance Group PLC - Surrey, England-based motor insurance underwriter - Gross written premium in 2021 falls to GBP169.3 million from GBP173.2 million in 2020 and pretax profit declines to GBP37.2 million from GBP49.1 million. Says it maintained disciplined approach to pricing throughout the year, with rate increases in-line with, or ahead of, expected claims costs. "After several years of gritting our teeth and sticking rigorously to our 'profitability over volume' strategy, our discipline is paying off, we have turned the page as we enter 2022, and are now entering a far more exciting chapter," says Chief Executive Geoff Carter. Says it has seen seen positive premium momentum coming into 2022 and has been able to apply "significant" price increases. "We would therefore anticipate significant year-on-year gross written premium growth whilst continuing to deliver a COR towards the upper end of our target COR range," firm says. Dividend for 2021 falls to 13.0p from 16.0p in 2020.

----------

MP Evans Group PLC - producer of palm oil in Indonesia - Revenue for 2021 rises to USD276.6 million from USD174.5 million in 2020, while pretax profit jumps to USD112.5 million from USD28.4 million. "2021 has been an excellent year for the group. Crop and production have risen further in line with our long-term strategic plans, whilst the palm-oil market has gone from strength to strength," says Executive Chair Peter Hadsley-Chaplin. Recommends final dividend of 25p, taking total ordinary payout for year to 35p and, in addition, firm paid a dividend 5p dividend in February. "The board intends, wherever possible, to continue the group's long-term trend of increasing dividends, which have accelerated in recent years. The board believes that the projected increases in both crop and production form a sound basis for further dividend increases," it says.

----------

ScS Group PLC - Sunderland-based retailer of furniture and flooring - Revenue for half-year to January 29 declines 16% to GBP145.9 million from GBP173.9 million, with result slightly behind the GBP152.0 million generated two years ago in a pre-pandemic period. Firm swings to pretax loss of GBP3.6 million in the half from profit of GBP17.7 million year-on-year. "During the period increased lead times for product due to supply chain disruption impacted delivered gross sales, revenue and profitability but has enabled the group to build a strong order book. This supports the group's expectation of delivering profitable full year results in line with market expectations," firm says. Raises interim dividend by 50% to 4.5 and declares share buyback of up to GBP7 million.

----------

Yu Group PLC - Nottingham, England-based energy supplier - Revenue for 2021 grows to GBP155.4 million from GBP101.5 million in 2020, and swings to pretax profit of GBP3.4 million from loss of GBP1.5 million. "2021 was a remarkable year and a stellar performance that's seen the group outperform forecasts in terms of profitability, growth and forward looking contracted revenue," says Chief Executive Bobby Kalar. Looking out, firm has "significant confidence" in high revenue growth based on increased forward contract book. "Despite turbulence in the wider external market, we remain strong and focussed on delivering continued profitable and controlled growth," firm adds.

----------

YouGov PLC - London-based research and data analytics company - Revenue for six months to the end of January GBP101.2 million, up 28% on GBP79.0 million a year before. Pretax profit rises 18% to GBP9.2 million from GBP7.8 million. Data Products revenue increases by 31%, Data Services revenue up by 9% and Custom Research revenue up by 39%. "YouGov delivered a record performance in the first half of the current financial year. In addition to accelerated and broad-based growth, we achieved sustained profitability and strong cash generation as we continued to focus on driving long-term shareholder value in line with our strategy," says Chief Executive Stephan Shakespeare. Firm adds that second half has started well and current trading remains slightly ahead of board expectations for full-year.

----------

Accesso Technology Group PLC - Berkshire, England-based provider of software for leisure, entertainment and cultural sectors - Says 2021 performance was "simply outstanding" as revenue jumps to USD124.8 million from USD56.1 million in 2020, and swings to pretax profit of USD12.1 million from loss of USD32.9 million. "We delivered record revenue and record profit during another challenging year in our end markets as they continued to recover at varying levels through the year," says Chief Executive Steve Brown. Says 2022 has started strongly with trading volumes in January and February encouraging. Is "cautiously optimistic" on another year of good progress, though does warn that cost base expected to increase as it returns to normal staffing levels.

----------

Kape Technologies PLC - Isle of Man-based digital security and privacy software provider - Revenue for 2021 exceeds management forecasts, rising 89% to USD230.7 million from USD122.2 million in 2020. Pretax profit jumps to USD32.6 million from USD7.3 million. "In 2021, we achieved record customer growth, providing further evidence that our products remain both compelling and highly innovative, and, more importantly, our customers continue to utilise our services for many years," says Chief Executive Ido Erlichman. Says firm has continued this momentum into 2022 and is positive on prospects. Is confident of achieving forecasts announced at time of ExpressVPN acquisition of 2022 revenue of between USD610 million and USD 624 million and pro forma adjusted earnings before interest, tax, depreciation and amortisation of between USD166 million and USD172 million. "The significant progress that was delivered during 2021 has provided Kape with the solid foundations to further extend our reach across the digital privacy and security market in 2022 and beyond," company says.

----------

Real Estate Investors PLC - Midlands, UK-focused real estate investment trust - Revenue for 2021 dips to GBP16.0 million from GBP16.4 million, though firm swings to pretax profit of GBP13.9 million from loss of GBP20.2 million in 2020. Firm boosted by GBP5.0 million gain on change in fair value of investment properties, versus hit of GBP27.9 million the year before. EPRA net tangible assets stand at 58.8p at end of 2021, up from 55.2p at end of 2020. Dividend for year is 3.0625p, up 2.1%.

----------

Online Blockchain PLC - Ongar, England-based blockchain research and development company - Revenue for six months to end of December GBP24,000, down from GBP56,000 a year before. Pretax loss widens to GBP468,000 from GBP76,000. Says ADVFN PLC is performing well, with revenue flat at GBP4.2 million in the period. "As you may have seen, I have stepped down as a director of ADVFN PLC which remains an important investment of Online Blockchain PLC. It is clear that subsequent to ongoing corporate activity around ADVFN, that ADVFN will experience an accelerate pace of change which we will work hard to ensure is positive," says Chief Executive Clement Chambers. Chambers co-founded ADVFN alongside Chair Michael Hodges.

----------

Schroder British Opportunities Trust PLC - provides fresh equity capital to growing small to mid-sized British businesses - Net asset value per share 112.72p at end of 2021, up from 108.44p at June 30. Says this growth of 3.9% in the period was marginally behind its declared total return target of 10% per annum, although it remains ahead of this target in the period since IPO in December 2020 with an annualised return of 13.7%.

----------

Harworth Group PLC - Rotherham, South Yorkshire-based land regenerator - EPRA net disposal value per share 197.6p at end of 2021, up from 160.0p a year before. Total return for year 24.6%, which firm notes is its highest figure to date, after return of 3.0% in 2020. Total dividend for year 1.212p, representing 10% underlying growth from 2020. In 2020 firm paid out 1.8p as dividend, but notes that the 2020 final dividend was increased to reflect the cancelled final 2019 dividend. "Our core sectors continue to perform well, but are not immune to wider macroeconomic pressures. Our focus now is on the execution of the strategy, ensuring that, as we work through our plans, the team has the skills and resources to deliver consistently and successfully, sustainably growing the business and delivering returns through the cycle," says Chief Executive Lynda Shillaw.

----------

Pebble Group PLC - Manchester-based technology and services for promotional products industry - Revenue for 2021 rises to GBP115.1 million from GBP82.4 million in 2020, surpassing 2019's figure of GBP107.2 million. Pretax profit jumps to GBP9.3 million from GBP5.0 in 2020. "Facilisgroup and Brand Addition performed well in the year under review, both financially and in building their differentiation in the market," company says. Adds that new financial year has started well and in line with its expectations.

----------

BioPharma Credit PLC - life sciences debt investment trust - Net asset value per share at December 31 99.26 cents, down from 100.37 cents a year before. Pays dividend of 7.29 cents per share in period, ahead of its 7 cent target. "Despite turbulent market conditions our highly resilient business model continued to deliver revenue as expected being uncorrelated from equity market movements and, uniquely for a London listed investment company, derived principally from cash flows from approved life science products," says Pedro Gonzalez de Cosio, chief executive & co-founder of Pharmakon Advisors LP, the investment manager of BioPharma Credit.

----------

Diurnal Group PLC - Cardiff, Wales-based pharmaceutical company focused on hormonal diseases - Revenue for half-year to December 31 rises to GBP2.1 million from GBP1.2 million, but pretax loss widens to GBP9.2 million from GBP5.3 million. This is largely due to higher research & development expenditure. In early March, firm was "disappointed" to receive the Scottish Medicines Consortium decision not to recommend Efmody for automatic reimbursement in Scotland, which it warns will impact near-term revenue in the UK. "The company's initial assessment of the impact of the recent SMC decision is that, despite continued strong growth (expected to be in excess of 100% for the 12-month period ended 30 June 2022), near-term sales expectations for Efmody are unlikely to be met and that further funding will be required to reach profitability," it says.

----------

Fintel PLC - Huddersfield, England-based technology and support for retail financial services sector - Revenue for 2021 rises to GBP63.9 million from GBP61.0 million and pretax profit nearly doubles at GBP19.9 million from GBP10.2 million. Makes GBP4.3 million gain on sale of subsidiary and GBP3.5 million on sale of operations. "2022 has started positively. Trading has been strong and in line with the board's expectations. We continue to make rapid progress on our strategic delivery and are confident that the company is in a strong position for further growth," it says. Proposes final dividend of 2p per share, resulting in full-year dividend of 3p, up from 2.85p in 2020.

----------

IQGeo Group PLC - Cambridge-based geospatial productivity and collaboration software company focused on the telecoms and utility industries - Revenue for 2021 rises to GBP13.8 million from GBP9.2 million in 2020, and pretax loss narrows to GBP2.7 million from GBP4.4 million. Says GBP3.4 million of new annual recurring revenue added in the year, up from GBP1.4 million in 2020. "We are very pleased to report that we have come out ahead of our own expectations for the financial year and made real progress towards our aim of building a high recurring revenue software business," says Chief Executive Richard Petti. Expects adjusted earnings before interest, tax, depreciation and amortisation and cash flow break even during 2022. Adjusted Ebitda loss for 2021 was GBP800,000, narrowed from GBP2.5 million in 2020.

----------

Princess Private Equity Holding Ltd - invests in private equity and private debt investments - Net asset value stands at EUR15.26 per share at end of 2021, up 19% over the year. Princess paid a total dividend of EUR0.67 per share during the year, in line with previous guidance to distribute 5% of opening NAV for each financial year. For 2022, the company intends to maintain this 5% distribution level. Realisations amounted to EUR462.5 million in the year and investment activity totalled EUR342.4 million

----------

Alliance Pharma PLC - Chippenham, England-based distributor of consumer healthcare brands and prescription medicines - Revenue for 2021 grows to GBP163.2 million from GBP129.8 million in 2020, and pretax profit improves to GBP18.2 million from GBP13.0 million. Says strong overall revenue growth driven by Consumer Healthcare, which saw see-through revenue grow 31% to GBP121.8 million. Firm says 2022 has started well. Expects increased growth from Nizoral in 2022 and sales growth acceleration for Amberen. "Our clear focus on the core Consumer Healthcare business in addition to our well-established, scalable platform across EMEA, APAC and the US, should support significant organic growth this year and beyond," company says.

----------

By Lucy Heming; lucyheming@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
23 Apr 2024 09:41

Accesso launches ticketing suite in UK market

(Sharecast News) - Accesso Technology Group launched its 'Accesso ShoWare' software-as-a-service (SaaS) ticketing suite to the UK market on Tuesday.

Read more
16 Apr 2024 20:34

EARNINGS AND TRADING: AssetCo deputy retiring, Chapel Down ups revenue

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

Read more
9 Apr 2024 16:16

UK earnings, trading statements calendar - next 7 days

Wednesday 10 April 
Churchill China PLCFull Year Results
Epwin Group PLCFull Year Results
Futura Medical PLCFull Year Results
IQE PLCFull Year Results
M&C Saatchi PLCFull Year Results
Marshalls PLCFull Year Results
Tesco PLCFull Year Results
Thursday 11 April 
Downing Renewables & Infrastructure Trust PLCFull Year Results
Norcros PLCTrading Statement
Friday 12 April 
SigmaRoc PLCTrading Statement
Monday 15 April 
Ashmore Group PLCTrading Statement
Ceres Power Holdings PLCFull Year Results
Engage XR Holdings PLCFull Year Results
Itaconix PLCFull Year Results
Mitie Group PLCTrading Statement
Tuesday 16 April 
Accesso Technology Group PLCFull Year Results
Ashtead Technology Holdings PLCFull Year Results
Billington Holdings PLCFull Year Results
Chapel Down Group PLCFull Year Results
Equals Group PLCFull Year Results
Gattaca PLCHalf Year Results
Gresham Technologies PLCFull Year Results
IntegraFin Holdings PLCTrading Statement
Learning Technologies Group PLCFull Year Results
Next 15 Group PLCFull Year Results
Ninety One PLC and LtdTrading Statement
Oxford Instruments PLCTrading Statement
Qinetiq Group PLCTrading Statement
Petra Diamonds PLCTrading Statement
Robert Walters PLCTrading Statement
Team17 Group PLCFull Year Results
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
28 Mar 2024 13:31

TRADING UPDATES: accesso wins Saudi deal; BP Marsh backs Devonshire

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

Read more
27 Mar 2024 12:32

Accesso enters partnership with Saudi Entertainment Ventures

(Sharecast News) - Accesso Technology Group announced a partnership on Wednesday with Saudi Entertainment Ventures (Seven), a subsidiary of the Saudi Arabia Public Investment Fund (PIF).

Read more
1 Mar 2024 12:43

IN BRIEF: accesso Technology CEO Brown sells GBP300,000 in shares

accesso Technology Group PLC - Berkshire-based provider of software for leisure, entertainment and cultural sectors - Chief Executive Officer Steve Brown sells 55,977 shares at an average price of 535 pence, worth GBP299,477, in London on Thursday. On Wednesday, Brown sold 156,000 shares at average 535p, worth around GBP834,600. Says the sale is to cover taxes resulting from an exercise announced in early August.

Read more
26 Feb 2024 17:34

DIRECTOR DEALINGS: accesso CEO sells stock, Oryx director's firm buys

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Monday and not separately reported by Alliance News:

Read more
29 Jan 2024 18:18

IN BRIEF: Accesso Technology says recent acquisitions performing well

Accesso Technology Group PLC - Berkshire-based provider of software for leisure, entertainment and cultural sectors - Trading update to December 31. Expects full-year cash earnings before interest, tax, depreciation and amortisation in line with expectations at a margin of not less than 15%. Forecasts revenue of USD148.5 million, up 6% on the year before, driven by organic initiatives and initial contributions from VGS, Paradocs and Digisoft acquisitions. Continues to focus on growing higher margin revenue streams and stepping back from lower margin elements of revenue base. Reports positive early results from its most recent acquisition, accesso HorizonSM. Expects revenue growth of around 9% in 2024, and to see an improvement in cash Ebitda margins to not less than 17%. Remains committed to medium-term cash Ebitda margin target of at least 20%.

Read more
29 Jan 2024 12:53

Accesso Technology describes year of solid growth

(Sharecast News) - Accesso Technology Group said in a trading update on Monday that, despite making significant investments in next-generation products, it anticipated achieving cash EBITDA in line with expectations for the full-year, with a margin of no less than 15%.

Read more
2 Oct 2023 16:53

IN BRIEF: Accesso Technology launches GBP4 million share buyback

Accesso Technology Group PLC - Berkshire-based provider of software for leisure, entertainment and cultural sectors - Starts GBP4 million share buyback programme. Explains the programme will be financed through existing cash resources. The programme will continue until the earlier of either the expiration of the general authority received at the 2023 annual general meeting, or until the maximum amount has been purchased. Numis Securities Ltd will conduct the programme.

Read more
22 Sep 2023 10:52

Director dealings: Accesso Technology CEO, non-exec chair invest in shares

(Sharecast News) - Accesso Technology was on the list of director purchases on Friday after chief executive officer Steve Brown bought 12,500 shares on 21 September at a price of 637.5p each.

Read more
19 Sep 2023 16:26

EARNINGS: accesso Tech turns to loss on costs; DP Eurasia hails Turkey

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

Read more
19 Sep 2023 13:09

Accesso swings to statutory loss despite improved revenue

(Sharecast News) - Leisure and entertainment sector technology provider Accesso reported a 3.2% revenue increase in its interim results on Tuesday to $65.78m.

Read more
12 Sep 2023 15:44

UK earnings, trading statements calendar - next 7 days

Wednesday 13 September 
abrdn Smaller Companies Income Trust PLCHalf Year Results
Argentex Group PLCHalf Year Results
Brave Bison Group PLCHalf Year Results
Burford Capital LtdHalf Year Results
CAB Payments Holdings PLCHalf Year Results
Central Asia Metals PLCHalf Year Results
Frontier Developments PLCFull Year Results
Made Tech Group PLCFull Year Results
On The Beach Group PLCTrading Statement
Pan African Resources PLCFull Year Results
Pharos Energy PLCHalf Year Results
Redrow PLCFull Year Results
Ricardo PLCFull Year Results
Star Energy Group PLCHalf Year Results
Tullow Oil PLCHalf Year Results
Thursday 14 September 
Arecor Therapeutics PLCHalf Year Results
Brooks Macdonald Group PLCFull Year Results
Capricorn Energy PLCHalf Year Results
Checkit PLCHalf Year Results
Churchill China PLCHalf Year Results
Foresight Solar Fund LtdHalf Year Results
Glenveagh Properties PLCHalf Year Results
IG Group Holdings PLCTrading Statement
Keystone Law Group PLCHalf Year Results
Kier Group PLCFull Year Results
M&C Saatchi PLCHalf Year Results
MJ Gleeson PLCFull Year Results
Oakley Capital Investments LtdHalf Year Results
Renishaw PLCFull Year Results
Spire Healthcare Group PLCHalf Year Results
THG PLCHalf Year Results
Trainline PLCTrading Statement
Uniphar PLCHalf Year Results
Friday 15 September 
Petra Diamonds LtdFull Year Results
VH Global Sustainable Energy Opportunities PLCHalf Year Results
Monday 18 September 
Artisanal Spirits Co PLCHalf Year Results
City of London Investment Group PLCFull Year Results
Downing Renewables & Infrastructure Trust PLCHalf Year Results
Facilities by ADF PLCHalf Year Results
Futura Medical PLCHalf Year Results
Greencoat Renewables PLCHalf Year Results
HgCapital Trust PLCHalf Year Results
Phoenix Group Holdings PLCHalf Year Results
S4 Capital PLCHalf Year Results
Tuesday 19 September 
accesso Technology Group PLCHalf Year Results
Billington Holdings PLCHalf Year Results
Big Technologies PLCHalf Year Results
C&C Group PLCTrading Statement
Concurrent Technologies PLCHalf Year Results
CPPGroup PLCHalf Year Results
Eagle Eye Solutions Group PLCFull Year Results
Fintel PLCHalf Year Results
Good Energy Group PLCHalf Year Results
Hargreaves Lansdown PLCFull Year Results
Henry Boot PLCHalf Year Results
Kingfisher PLCHalf Year Results
Litigation Capital Management LtdFull Year Results
Maintel Holdings PLCHalf Year Results
McBride PLCFull Year Results
MyHealthChecked PLCHalf Year Results
Moonpig Group PLCTrading Statement
Naked Wines PLCFull Year Results
Northcoders Group PLCHalf Year Results
Ocado Group PLCTrading Statement
Serica Energy PLCHalf Year Results
SThree PLCTrading Statement
Surgical Innovations Group PLCHalf Year Results
Team17 Group PLCHalf Year Results
Trustpilot Group PLCHalf Year Results
Water Intelligence PLCHalf Year Results
Xaar PLCHalf Year Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
21 Jun 2023 13:58

IN BRIEF: accesso Technology CEO and CFO extend contracts to 2026

accesso Technology Group PLC - Berkshire, England-based provider of software for leisure, entertainment and cultural sectors - Says Chief Executive Officer Steve Brown and Chief Financial Officer Fern MacDonald have entered new contract renewal terms, ending June 30 2026.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.