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(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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NIOX Group PLC - Oxford-based developer of medical devices for asthma diagnosis and management, formerly known as Circassia Group - Expects 2022 underlying revenue growth of 15% to GBP31.3 million from GBP27.9 million a year ago. Adjusted earnings before interest, tax, depreciation and amortisation is expected to be about GBP7.0 million, ahead of consensus.
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McBride PLC - Manchester-based manufacturing company - Says it has performed in line with expectations during the first half ended December 31. Revenue is 31% higher than prior period, benefiting from both the effective pass-through of input cost inflation and volume growth. "Customer service levels significantly improved as a result of a focussed effort during the period and cost efficiency initiatives have continued," it adds. Expects to report a small adjusted Ebitda loss before exceptional items at the interim results on February 28.
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Boku Inc - San Francisco-based mobile payments company - Expects revenue for 2022 to be at least USD63.3 million, up slightly from USD62.1 million a year earlier despite significant currency headwinds. Adjusted earnings before interest, tax, depreciation and amortisation is forecasted to be at least USD20.0 million in line with market expectations. In 2021, adjusted Ebitda was also USD20.0 million, up 31% from USD15.3 million a year earlier.
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Quiz PLC - Glasgow-based fashion retailer - Says December revenue amounts to GBP9.8 million, up 11% from GBP8.8 million a year ago. This performance reflects "strong customer demand for Quiz' s trademark dressy occasionwear in the first Christmas period in three years not impacted by Covid-19 related social restrictions". The stronger demand helped offset slightly weaker than anticipated revenue in the weeks prior to the period and contributed to a 3% increase in revenues in the three months to 31 December 2022, which was in line with the board's expectations. As a result, revenue in the nine months to December 31 totalled GBP75.2 million, representing a 23% increase on the GBP61.0 million a year prior. Looking ahead, Quiz remains confident it will deliver profits for the full year to March 31 at least in line with its expectations.
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By Xindi Wei, Alliance News reporter
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