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Pin to quick picksBigblu Broadb. Share News (BBB)

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Share Price: 38.50
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TRADING UPDATES: SigmaRoc eyes annual revenue to be ahead of guidance

Mon, 12th Dec 2022 15:01

(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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SigmaRoc PLC - London-based quarried materials company - Says revenue for the 11-month period ended on November 30 is up 20% to GBP498 million year-on-year on a like-for-like basis. "Demand conditions have evolved broadly as expected across market segments, with the group benefitting from its broad end market and geographic diversification", it explains. Says it expects to report revenue and earnings before interest, tax, depreciation and amortisation for 2022 to be ahead of consensus estimates. Confirms 2023 outlook unchanged.

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Springfield Properties PLC - housebuilder in Scotland - Says revenue is expected to increase in the first half of financial 2023 and remains on track for good revenue growth for the full year. But it says it is taking a cautious approach to expectations of future sales rates as a result of the "continued market uncertainty". Expects profit before tax for the financial year be to below that of last year due to the Scottish government's introduction of a temporary rent freeze. Looking ahead, says it is focused on "maintaining tight cost control during this volatile period".

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K3 Capital Group PLC - Bolton, England-based professional advisory services firm, focused on M&A, tax and restructuring - Expects to report revenue in the region of GBP42 million during the first six months of financial 2023, up from GBP31.2 million the year before, "delivering profits in line with expectations", it says. Says it is confident of meeting full-year guidance. "Our Restructuring division continues to see an uptick in activity levels and this is clearly a strong indicator of growing demand as the headwinds seen across the restructuring market now turn to tailwinds", says Chief Executive Officer John Rigby.

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Bigblu Broadband PLC - London-based broadband provider - Says total revenue is up 15% for the year ended November 30 to GBP31.2 million from GBP27.1 million the year before. Adjusted earnings before interest, tax, depreciation and amortisation amounts to GBP5.0 million, slightly up from GBP4.6 million after investment in New Zealand and new product launches in Norway. Looking ahead, says its confident of realising return in new Norwegian joint venture.

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By Xindi Wei, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2022 Alliance News Ltd. All Rights Reserved.

More News
14 Feb 2024 15:07

Director dealings: Bigblu Broadband director raises stake

(Sharecast News) - Bigblu Broadband revealed on Wednesday that non-executive director Christopher Mills had purchased 40,000 ordinary shares in the AIM-listed broadband solutions provider.

Read more
4 Jan 2024 15:35

Director dealings: Bigblu Broadband director raises stake

(Sharecast News) - Bigblu Broadband revealed on Thursday that certain investment vehicles linked to non-executive director Christopher Mills had purchased 25,000 ordinary shares in the AIM-listed broadband provider.

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10 Nov 2023 15:45

London close: Stocks tumble on Powell comments as GDP stagnates

(Sharecast News) - London markets declined on Friday as investors reacted to hawkish remarks by Federal Reserve chair Jerome Powell made overnight.

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29 Aug 2023 11:10

Bigblu Broadband half-year loss widens as costs climb

(Alliance News) - Bigblu Broadband PLC on Tuesday said its interim loss widened as a result of upped costs but reported a slight increase in revenue.

Read more
5 Jun 2023 14:20

Bigblu reports strong first-half trading

(Sharecast News) - Bigblu Broadband reported strong recent trading in an update on Monday, as its strategic efforts focused on expanding product offerings, implementing new core platform systems, and reducing costs to address market challenges globally.

Read more
5 Jun 2023 10:26

AIM WINNERS & LOSERS: Tristel hails FDA approval of ULT disinfectant

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

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5 Jun 2023 10:08

IN BRIEF: Bigblu Broadband shares plunge as like-for-like revenue down

Bigblu Broadband PLC - London-based provider of alternative superfast and ultrafast broadband solutions throughout Australasia and the Nordics - Says revenue for the six months ending on May 31 is expected to be about GBP14.9 million, unchanged from a year prior. Says progress is seen on all business units in terms of product offerings and costs reduction. Adjusted earnings before interest, tax, depreciation and amortisation rises 3.2% to GBP2.1 million from GBP2.0 million a year before. Like-for-like revenue growth on a constant currency basis, however, is down to 3.1% from 15% in the comparative period. Looking ahead, says it is well-positioned for the second half of the financial year.

Read more
16 May 2023 15:53

UK shareholder meetings calendar - next 7 days

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Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
20 Mar 2023 10:57

Bigblu loss widens, revenue up as costs increase; confident of growth

(Alliance News) - Bigblu Broadband PLC on Monday said its annual loss widened despite revenue increasing as costs increased, while it said it remained confident in its future growth prospects.

Read more
2 Feb 2023 16:26

IN BRIEF: Bigblu Broadband business makes AUD4.72m satellite purchase

Bigblu Broadband PLC - Provider of alternative superfast and ultrafast broadband solutions throughout Australasia and the Nordics - Says that its fully-owned Australian business, SkyMesh PTY Ltd, has bought the satellite operations of Harbour ISP PTY Ltd. The total cash consideration was AUD4.72 million, or GBP2.7 million. This included a retention of AUD200,000, to be paid March 2023 post reconciliation of customer numbers.

Read more
12 Dec 2022 14:25

Revenue, earnings set to rise for Bigblu Broadband

(Sharecast News) - Bigblu Broadband said in an update on Monday that total revenue for the financial year just ended was up 15.1% year-on-year to £31.2m.

Read more
5 Dec 2022 16:23

Bigblu buying Australian satellite operation for £3m

(Sharecast News) - Australasia and Nordics-focussed connectivity specialist Bigblu Broadband announced on Monday that its wholly-owned Australian business, SkyMesh, has conditionally completed the acquisition of the satellite operations of Harbour ISP, a subsidiary of Australia's Uniti Group.

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5 Dec 2022 11:57

Bigblu Broadband subsidiary SkyMesh buys Harbour ISP in Australia

(Alliance News) - Bigblu Broadband PLC on Monday said its wholly owned Australian subsidiary SkyMesh has bought the satellite operations of Uniti Group subsidiary Harbour ISP for AUD5.2 million.

Read more
30 Aug 2022 16:13

TRADING UPDATES: Thor Explorations, Zenith Energy post swing to profit

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

Read more

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