Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBiome Tech Share News (BIOM)

Share Price Information for Biome Tech (BIOM)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 85.00
Bid: 70.00
Ask: 100.00
Change: 0.00 (0.00%)
Spread: 30.00 (42.857%)
Open: 85.00
High: 85.00
Low: 85.00
Prev. Close: 85.00
BIOM Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UK TRADING UPDATE SUMMARY: MJ Gleeson To Cease Build Operations

Wed, 25th Mar 2020 18:17

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

----------

MJ Gleeson PLC - housebuilder - To temporarily close all sites and cease construction activity in line with UK government guidance. Unable to provide guidance on year ending June 30 and cancelling 12 pence per share interim dividend scheduled to be paid on April 3. Has cash balances of GBP67 million.

----------

Erris Resources PLC - European minerals explorer - Ceases prospecting and mapping on the Loch Tay gold project in Scotland in line with UK government restrictions. No immediate impact on the planned work in Norway or Sweden. Held around EUR1.3 million in cash.

----------

Mercia Asset Management PLC - wealth manager - Predicts short-term impact to asset management revenues and portfolio valuations as a result of the drop in asset values across all markets and overall economic conditions. Implementing business continuity plan and supporting portfolio companies in own and third-party managed funds. Forecasts revenue over the next financial year to be lower than originally anticipated. Mercia's medium-term future prospects remain unchanged. Strong balance sheet with GBP30.4 million unrestricted cash as of Friday.

----------

Polypipe Group PLC - pipes and under floor heating manufacturer - To wind down operations. Supporting UK's National Health Service by manufacturing ventilation systems and special pipe for emergency medical use. Year-to-date trading in line with expectations, with no material impact from pandemic. Decides against providing financial guidance 2020 and beyond. Implementing range of cost savings measures including suspension of final 2019 dividend of 8.1 pence per share. Net debt at GBP150.0 million at December-end. Decides to draw down all but GBP15 million of the unutilised GBP300 million loan facility.

----------

Bagir Group Ltd - tailoring company - Says orders placed for tailored garments prior to the virus outbreak now put on hold. Temporarily closing manufacturing sites in Egypt and Ethiopia. Reducing workforce and production at Vietnam site.

----------

SigmaRoc PLC - construction materials group - expects to report a strong performance for 2019, exceeding analyst estimates. Revenue estimated to surge 71% to GBP70 million and underlying operational profits of GBP14 million, up 43%. Preparing operational and financial contingency plans. Remains operational across all its sites.

----------

Bluefield Solar Income Fund Ltd - investment fund - Reconfirms dividend of 7.90 pence per share for year ending June 30. Says 94% of revenue contracted until the end of financial 2020. Successfully implemented remote working policies for employees.

----------

Echo Energy PLC - Latin American oil & gas company - Operations at Santa Cruz Sur continuing uninterrupted and production expected to remain in line with the company's expectations. Net production over the period from November 1, 2019, to March 23 reached an aggregate of 351,797 barrels. Received payments totalling USD1.3 million for second February oil cargo. Further USD360,434 in cash receipts expected in the next two weeks. Making progress with cost reduction initiatives at both the Santa Cruz Sur assets and corporate levels. Santa Cruz Sur assets to be cash flow positive at prevailing global oil prices. Seeking deferrals to interest payments to debts.

----------

Biome Technologies PLC - bioplastics business - Predicts 2019 results to remain in line with the guidance. Delaying 2019 results due to UK Financial Conduct Authority's moratorium. To now hold annual general meeting in June rather than April 23.

----------

Tlou Energy Ltd - Botswana-focused power company - On Tuesday said it will be implementing significant cost reductions across the company, including reductions in salaries of senior staff. Anticipates increased gas flows from Lesedi 3 and 4 production pods.

----------

Learning Technologies Group PLC - providing services and technologies for digital learning and talent management - On Tuesday said it will delay publication of 2019 results on FCA's recommendation. Annual revenue to rise 39% year-on-year to GBP130.1 million. Adjusted earnings before interest tax to increase 58% to GBP41.0 million. 2020 started in line with management expectations. Anticipates recurring revenue to continue, but content projects may be delayed. Postpones 0.50 pence per share final dividend and director bonuses to conserve cash.

----------

essensys PLC - a provider of software-as-a-service platforms - On Tuesday delayed interim results. Estimates 19% year-on-year rise in interim revenue to GBP11.4 million and pretax loss to narrow to GBP100,000 from GBP400,000. Second half started well and trading in trading in line with expectations. Continues to monitor virus impact. Strong liquidity with GBP1.7 million of cash reserves and undrawn revolving credit facility of GBP1.0 million.

----------

Quartix Holdings PLC - a supplier of vehicle tracking systems - On Tuesday said strong progress continued into 2020, with new installations for the first two months 30% ahead year-on-year. Estimates growth in installations to reduce to 12% by the end of the first quarter.

----------

By Tapan Panchal; tapanpanchal@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
29 May 2024 15:45

EXECUTIVE CHANGES: Resolute Mining hires former Acacia exec as chair

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Tuesday and Wednesday and not separately reported by Alliance News:

Read more
22 May 2024 21:51

IN BRIEF: Biome Technologies inks contract win with unnamed firm

Biome Technologies PLC - bioplastics and radio frequency technology business - Says that its RF Technologies division gets further "substantial" contract win this year, with revenue value of GBP600,000 to supply two radio frequency welding systems for use by an unnamed international corporation in the medical supply sector. The systems are expected to be delivered within the current financial year, with stage payments being received against milestones during the contract.

Read more
22 May 2024 14:45

UK shareholder meetings calendar - next 7 days

Thursday 23 May 
Baillie Gifford Shin Nippon PLCAGM
Bakkavor Group PLCAGM
Bank of Ireland Group PLCAGM
Capricorn Energy PLCAGM
Crossword Cybersecurity PLCAGM
Deliveroo PLCAGM
Energean PLCAGM
Essentra PLCAGM
Ferrexpo PLCAGM
Headlam Group PLCAGM
Hill & Smith PLCAGM
Indivior PLCGM re seeking primary US listing
Inspirit Energy Holdings PLCAGM
Legal & General Group PLCAGM
Life Science REIT PLCAGM
Mirriad Advertising PLCGM re retail offer
N4 Pharma PLCAGM
Norman Broadbent PLCAGM
Petershill Partners PLCAGM
Prudential PLCAGM
Quilter PLCAGM
Regional REIT LtdAGM
Resolute Mining LtdAGM
Rolls-Royce Holdings PLCAGM
Sabre Insurance Group PLCAGM
Shaftesbury Capital PLCAGM
Spectris PLCAGM
Strip Tinning Holdings PLCAGM
Yu Group PLCAGM
Friday 24 May 
Fiinu PLCAGM
Intertek Group PLCAGM
Keywords Studios PLCAGM
Northamber PLCGM re issue of shares for acquisition
Monday 27 May 
no events scheduled 
Tuesday 28 May 
Apollon Formularies PLCEGM re withdrawal from Aquis
Diversified Energy Co PLCGM
TMT Investments PLCAGM
Wednesday 29 May 
B&M European Value Retail SAAGM
Biome Technologies PLCAGM
Frenkel Topping Group PLCAGM
Glencore PLCAGM
Ilika PLCGM re equity raise
Integrated Diagnostic Holdings PLCAGM
Smarttech247 Group PLCAGM
Watchstone Group PLCAGM
Xaar PLCAGM
  
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
29 Apr 2024 15:02

EARNINGS: Gresham Tech profit up ahead of takeover; Christie cuts divi

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

Read more
29 Apr 2024 13:24

Biome Technologies down after tough quarter for Bioplastics division

(Alliance News) - Shares in Biome Technologies PLC sank on Monday, after the company reported a sharp dip in revenue for the first quarter of 2024.

Read more
29 Apr 2024 10:44

AIM WINNERS & LOSERS: Mosman farm-in approved; Zenova's contract win

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

Read more
29 Apr 2024 08:28

Biome Technologies shares sink as Q1 sales drop 44%

(Sharecast News) - Shares in AIM-listed Biome Technologies plummeted by almost a third on Monday after the bioplastics and radio frequency technology business reported a poor start to the year with first-quarter sales dropping by 44%.

Read more
22 Apr 2024 14:45

UK earnings, trading statements calendar - next 7 days

Tuesday 23 April 
Alphawave IP Group PLCFull Year Results
Anglo American PLCTrading Statement
ASA International Group PLCFull Year Results
Associated British Foods PLCHalf Year Results
Eleco PLCFull Year Results
GB Group PLCTrading Statement
Jupiter Fund Management PLCTrading Statement
Property Franchise Group PLCFull Year Results
Taylor Wimpey PLCTrading Statement
tinyBuild IncFull Year Results
Trellus Health PLCFull Year Results
Wednesday 24 April 
1Spatial PLCFull Year Results
abrdn PLCTrading Statement
Ecora Resources PLCTrading Statement
Fresnillo PLCTrading Statement
Lloyds Banking Group PLCQ1 Results
Nichols PLCTrading Statement
PensionBee Group PLCFirst Quarter Results
PZ Cussons PLCTrading Statement
Quilter PLCQ1 Results
Reckitt Benckiser Group PLCTrading Statement
Sanderson Design Group PLCFull Year Results
Serica Energy PLCFull Year Results
Star Energy Group PLCFull Year Results
Tortilla Mexican Grill PLCFull Year Results
Tracsis PLCHalf Year Results
Warpaint London PLCFull Year Results
Thursday 25 April 
Aquila European Renewables PLCFull Year Results
Argo Blockchain PLCFull Year Results
AstraZeneca PLCQ1 Results
Barclays PLCQ1 Results
Checkit PLCFull Year Results
Coca-Cola Europacific Partners PLCTrading Statement
Destiny Pharma PLCFull Year Results
Dillistone Group PLCFull Year Results
Focusrite PLCHalf Year Results
Gem Diamonds LtdTrading Statement
Hikma Pharmaceuticals PLCTrading Statement
Hummingbird Resources PLCTrading Statement
Ibstock PLCTrading Statement
Inchcape PLCTrading Statement
J Sainsbury PLCFull Year Results
London Stock Exchange Group PLCQ1 Results
Persimmon PLCTrading Statement
Pinewood Technologies Group PLCFull Year Results
PPHE Hotel Group LtdTrading Statement
PureTech Health PLCFull Year Results
Relx PLCTrading Statement
Renewi PLCTrading Statement
Schroders PLCQ1 Results
Skillcast Group PLCFull Year Results
Travis Perkins PLCTrading Statement
Trifast PLCTrading Statement
Unilever PLCQ1 Results
WAG Payment Solutions PLCTrading Statement
Weir Group PLCTrading Statement
WH Smith PLCHalf Year Results
WPP PLCTrading Statement
Zinc Media Group PLCFull Year Results
Friday 26 April 
Facilities by ADF PLCFull Year Results
Kingspan Group PLCTrading Statement
NatWest Group PLC Q1 Results
Pearson PLCTrading Statement
Record PLCTrading Statement
Smurfit Kappa Group PLCTrading Statement
Taylor Maritime Investments LtdTrading Statement
Monday 29 April 
Beazley PLCTrading Statement
Biome Technologies PLCFull Year Results
Christie Group PLCFull Year Results
Gresham Technologies PLCFull Year Results
Jadestone Energy PLCFull Year Results
Oxford BioMedica PLCFull Year Results
SpaceandPeople 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
15 Mar 2024 13:15

Biome Technologies division wins £0.54m contract

(Sharecast News) - Bioplastics and radiofrequency technology specialist Biome Technologies announced a new contract for its RF technologies division Stanelco on Friday.

Read more
15 Mar 2024 11:17

Biome Technologies jumps as wins contract worth GBP500,000

(Alliance News) - Biome Technologies PLC shares got a boost on Friday, after it said its RF Technologies division won a half million pound contract.

Read more
15 Mar 2024 10:07

AIM WINNERS & LOSERS: Wishbone Gold jumps on "positive drilling"

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

Read more
12 Mar 2024 12:21

IN BRIEF: Biome Technologies expects breakeven in 2024; CFO departs

Biome Technologies PLC - Southampton, England-based bioplastics and radio frequency technology - Raises GBP400,000 by issuing a third tranche of convertible loan notes. The first two tranches, issued in March and April last year, had raised GBP850,000. The unnamed investors in the first two tranches also invested in the third tranche, plus one new participant. The notes convert into ordinary shares at GBP1.00 per share. Looking ahead, Biome Technologies expects 2024 revenue to be "substantially increased" from 2023, driven by large projects in its RF Technologies division, making Biome "broadly breakeven" in cash terms in 2024.

Read more
15 Feb 2024 15:49

TRADING UPDATES: Biome wins contract; Orosur Mining raises GBP500,000

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

Read more
15 Feb 2024 15:26

Biome Technologies secures £490,000 contract

(Sharecast News) - Biome Technologies said on Thursday that its RF Technologies division has secured a contract with a revenue value of £490,000 to supply a second novel induction furnace system ('The System') to a global manufacturer of scientific glass products.

Read more
6 Feb 2024 17:29

IN BRIEF: Biome shares soar as revenue rises, Bioplastics grows

Biome Technologies PLC - Southampton, England-based bioplastics and radio frequency technology company - Says revenue for year to December 31 is in line with current market expectations at GBP7.0 million, up 13% from GBP6.2 million the prior year. Cash balance at December 31 was around GBP600,000, down from around GBP800,000. Bioplastics division's revenue surges 36% to GBP6.0 million from GBP4.4 million, driven by existing customers placing larger orders and a broadening customer and application base in North America. Sales are down in RF Technologies division, reflecting "the timing of receipt of contracts and revenue recognition in line with IFRS 15." Company is "pleased" with Bioplastics' "strong progress"; says division "continues to grow strongly in the face of some global headwinds, evidencing the division's resilience." Remains "confident" that delayed RF projects of scale will "successfully complete in the short term". Expects current year to build on this trading momentum.

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.