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Pin to quick picksAbrdn Euro Log Share News (ASLI)

Share Price Information for Abrdn Euro Log (ASLI)

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Share Price: 60.20
Bid: 59.80
Ask: 60.20
Change: 0.00 (0.00%)
Spread: 0.40 (0.669%)
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abrdn European Logistics Income is an Investment Trust

To provide a regular and attractive level of income and capital growth from investing in high quality European logistics real estate.

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UK TRADING UPDATE SUMMARY: Zenith Latest To Join Global Drive For PPE

Tue, 28th Apr 2020 12:28

(Alliance News) - The following is a round-up of updates by London-listed companies on the impact of the Covid-19 pandemic, issued on Tuesday and not separately reported by Alliance News:

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Zenith Energy Ltd - oil and gas - Identified potential manufacturing facility to make personal protective equipment to export to African countries. Expects order for three manufacturing units capable of producing 50,000 masks per day, to be completed in May. In talks with partner in Republic of the Congo to build facility for hand sanitiser production.

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Erris Resources PLC - mineral exploration - Reports two high-grade gold results from sampling at Loch Tay project, Scotland. Notes prospecting and mapping work ceased temporarily due to lockdown measures in UK to halt the spread of Covid-19.

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UK Oil & Gas PLC - oil and gas - Reducing costs amid the lower oil price environment. Directors to take pay cut between 20% and 50% and looks to raise GBP1.3 million in placing of 637.5 million shares at 0.2 pence each.

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Active Energy Group PLC - biomass renewable energy - Says public comment period for its CoalSwitch plant permit in North Carolina extended to May 27, due to Covid-19.

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Sylvania Platinum Ltd - platinum group metals miner - Says third quarter to March 31 net revenue up 56% quarter-on-quarter to USD43.6 million. Earnings before interest, tax, depreciation and amortisation up 83% to USD32.0 million. Notes lockdown measures in South Africa hit operations with sites placed on care and maintenance until curbs end.

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Goldplat PLC - gold producer - Says Goldplat Recovery Ltd operations in South Africa on care and maintenance amid government-imposed lockdown. South Africa operations achieved third quarter operating profit of GBP843,000. For nine months to March 31, SA operating profit was GBP3.4 million, up from GBP1.5 million a year before. Ghana operations not forced to close due pandemic but not running at full capacity. Company benefiting from higher gold spot price.

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Jardine Matheson Holdings Ltd - conglomerate - Says first quarter trading conditions challenging due to Covid-19. Warns interim results to be "significantly reduced" year-on-year. Jardine Motors first quarter earnings down, Dairy Farm sees boost in grocery demand due to stockpiling but health & beauty sales weaker. Mandarin Oriental struggles as hotels closed due to lockdowns.

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Sure Ventures PLC and Pires Investments PLC - investors - Invest in AI firm Buymie, which allows consumers to place online grocery orders. Sure and Pires note Covid-19 has caused increase in demand for online grocery shopping.

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Aberdeen Standard European Logistics Income PLC - property investor - Notes some tenants experiencing financial difficulty due to pandemic, but three of top tenants by income are in food and pharma sectors and have seen demand boost. Says first quarter rent paid in full, received 67% of second quarter rent so far.

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Picton Property Income Ltd - property investor - Cuts quarterly dividend payments by 29% to 0.625p per share with immediate effect.

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Distribution Finance Capital Holdings PLC - lender - Receives temporary waiver from senior and senior mezzanine loan facilities. Says own loan book performing well and stable. Notes demand at some industrial clients to fall due to Covid-19. Cuts costs, including redundancies and furloughs. Remains committed to bank license application.

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XPS Pensions Group PLC - pensions advisory - Says full-year results to be in line with expectations, with revenue up 9%. Expects demand for discretionary services to continue as pension trustees look for advice amid virus crisis. Has not furloughed any staff.

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Universe Group PLC - retailer payment and loyalty programmes systems - Expects 2019 revenue to rise 13% to GBP22.4 million. Notes its customers are retailers providing essential services. Says hard to forecast impact of Covid-19 with certainty.

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Panoply Holdings PLC - IT service management - Expects revenue and adjusted EBITDA in line with expectations for year ended March 31. Working with a number of clients providing Covid-19 emergency response. Implements hiring freeze but yet to furlough any staff. Will not pay a dividend for financial 2020.

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Smartspace Software PLC - office space management software and hospitality and ticketing platform - Notes SwipedOn New Zealand subsidiary adds function to allow users to manage Covid-19 and enforce social distancing. New Zealand has begun reopening businesses providing they can track visitors and employees, boosting demand for SwipedOn.

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RTC Group PLC - recruiter - Says UK general recruitment and smart-meter installation activities hit by lockdowns but international activities largely unhurt. Reducing cost base, deferring non-essential spend and making use of UK furlough scheme. No dividend to be proposed for 2020 and board and senior management take 20% salary cut.

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Fusion Antibodies PLC - antibody discovery - To raise GBP3.0 million in placing with funds used to go towards existing oncology targets and Covid-19 work. Says results for year to March 31 in line with market expectations, with revenue of GBP3.8 million.

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EKF Diagnostics Holdings PLC - healthcare products - In final stages of establishing UK production line for PrimeStore MTM sampling collection kit. New production line could produce 12,500 sample collection tubes per day. Notes demand for rimeStore MTM boosted by Covid-19.

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Angle PLC - liquid biopsy - Says non-essential screenings and surgical procedures in cancer treatment postponed due to lockdowns globally, highlighting need for Angle's CTC liquid biopsy product. Used lockdown period to progress written documentation aspect of US Food & Drug Administration application.

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Grand Vision Media Holdings PLC - digital media - Says first quarter revenue reduced by Covid-19 and restrictions of movement. Says 2019 revenue fell by a third amid sales hit from Hong Kong civil unrest last year.

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By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
10 Aug 2022 12:04

abrdn European Logistics buys EUR4.9 million warehouse in Netherlands

(Alliance News) - abrdn European Logistics Income PLC on Wednesday said it has acquired a recently completed warehouse extension at Waddinxveen, Netherlands, for EUR4.9 million.

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12 Jul 2022 10:47

SMALL-CAP WINNERS & LOSERS: Hostelworld rises as bookings surge

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday.

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12 Jul 2022 09:35

LONDON BROKER RATINGS: RBC, Goldman, Jefferies review property shares

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

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30 May 2022 11:21

abrdn European sees quarterly assets grow on good rental growth

(Alliance News) - abrdn European Logistics Income PLC on Monday reported an increase in net assets in its first quarter, due to inflation-linked rental growth.

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22 Apr 2022 14:24

IN BRIEF: abrdn European Logistics increases annual net asset value

abrdn European Logistics Income PLC - European-focused logistics real estate investor - Increases annual net asset value per share in 2021. It rises by 7.5% to EUR1.29 from EUR1.20 at the end of 2020. Share price total return more than halves to 12% from 27%. Dividends of 5.64 euro cents paid per share for 2021, unchanged from a year ago. Pretax net profit climbs to EUR55.4 million from EUR45.2 million in 2020. The company's commitment to sustainability and the inflation linked nature of portfolio's leases provides "a strong platform for further growth," it says.

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24 Feb 2022 15:56

UK dividends calendar - next 7 days

Friday 25 February 
Brunner Investment Trust PLCex-dividend date
CQS Natural Resources Growth & Income PLCdividend payment date
CQS New City High Yield Fund Ltddividend payment date
Diverse Income Trust (The)dividend payment date
Dunedin Income Growth Investment Trust PLCdividend payment date
Edinburgh Investment Trust PLCdividend payment date
Games Workshop Group PLCdividend payment date
Gooch & Housego PLCdividend payment date
Greencoat Renewables PLCdividend payment date
Greencoat UK Wind PLCdividend payment date
Henderson Far East Income Trust PLCdividend payment date
Home REIT PLCdividend payment date
JPMorgan Global Core Real Assets Ltddividend payment date
M&G Credit Income Investment Trust PLCdividend payment date
North American Income Trust PLCdividend payment date
Primary Health Properties PLCdividend payment date
RWS Holdings PLCdividend payment date
Standard Life Investments Property Income Trust PLCdividend payment date
Starwood European Real Estate Finance Ltddividend payment date
Target Healthcare REIT PLCdividend payment date
UK Commercial Property REIT Ltddividend payment date
Watkin Jones PLCdividend payment date
Monday 28 February 
AEW UK REIT PLCdividend payment date
Alternative Income REIT PLCdividend payment date
Bankers Investment Trust PLCdividend payment date
City of London Investment Trust PLCdividend payment date
Compass Group PLCdividend payment date
Custodian REIT PLCdividend payment date
Ecofin Global Utilities & Infrastructure Trust PLCdividend payment date
Henderson International Income Trust PLCdividend payment date
Picton Property Income Ltddividend payment date
Polar Capital Global Financials Trust PLCdividend payment date
Polar Capital Global Healthcare Trust PLCdividend payment date
Tuesday 1 March 
JPMorgan China Growth & Income PLCdividend payment date
Wednesday 2 March 
no events scheduled 
Thursday 3 March 
Aberdeen Diversified Income & Growth Trust PLCex-dividend date
abrdn European Logistics Income PLCex-dividend date
Ashmore Group PLCex-dividend date
Atlantis Japan Growth Fund Ltdex-dividend date
Avast PLCdividend payment date
Barclays plcex-dividend date
CareTech Holdings PLC    ex-dividend date
Dechra Pharmaceuticals PLCex-dividend date
Diversified Energy Co PLCex-dividend date
Downing Renewables & Infrastructure Trust PLCex-dividend date
Empiric Student Property PLCex-dividend date
Genus PLCex-dividend date
Hargreaves Lansdown PLCex-dividend date
Hays plcex-dividend date
Henderson Diversified Incomeex-dividend date
HICL Infrastructure PLCex-dividend date
Honeycomb Investment Trust PLCex-dividend date
JLEN Environmental Assets Group Ltdex-dividend date
JPMorgan Global Growth & Income PLCex-dividend date
Jupiter Emerging & Frontier Income Trust PLCex-dividend date
MJ Gleeson PLCex-dividend date
Personal Assets Trust PLCex-dividend date
Real Estate Credit Investments Ltdex-dividend date
Regional REIT Ltdex-dividend date
RM Infrastructure Income PLCex-dividend date
Safestore Holdings PLCex-dividend date
Scottish American Investment Co PLCex-dividend date
TOC Property Backed Lending Trust PLCex-dividend date
Utilico Emerging Markets Trust PLCex-dividend date
VPC Specialty Lending Investments PLCex-dividend date
Warehouse REIT PLCex-dividend date
Wilmington PLCex-dividend date
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

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2 Feb 2022 19:37

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TRADING UPDATES: DMGT takeover progresses; Pantheon receives permits

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5 Jan 2022 16:51

Aberdeen Standard becomes abrdn European Logistics Income

Aberdeen Standard becomes abrdn European Logistics Income

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23 Dec 2021 15:54

UK dividends calendar - next 7 days

UK dividends calendar - next 7 days

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14 Dec 2021 17:52

IN BRIEF: Aberdeen Standard acquires Madrid assets for EUR227 million

IN BRIEF: Aberdeen Standard acquires Madrid assets for EUR227 million

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30 Sep 2021 11:21

TRADING UPDATES: Avation wings clipped by virus; Zaim swings to profit

TRADING UPDATES: Avation wings clipped by virus; Zaim swings to profit

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29 Sep 2021 17:32

IN BRIEF: Aberdeen Standard European raises GBP125 million

IN BRIEF: Aberdeen Standard European raises GBP125 million

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8 Sep 2021 16:22

IN BRIEF: Aberdeen Standard European Logistics Income fundraises

IN BRIEF: Aberdeen Standard European Logistics Income fundraises

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26 Aug 2021 15:54

UK dividends calendar - next 7 days

UK dividends calendar - next 7 days

Read more

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