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Small caps round-up: Sportech, Liontrust, DQ...

Thu, 25th Mar 2010 12:11

Losses rose at football pools group Sportech last year after heavy asset write-downs and gross win falling 10% to £64.6m. Pre-tax losses in 2009 were £17m after £25m of one-offs. Underlying operating profits fell to £19.5m from £22.6m."That the decline in profitability is due, primarily, to our continued investment in establishing our online football pools business and the underperformance of our e-Gaming business, is testament to the resilience of the business in these tough times. Strong action has been taken to address the underperformance in these areas," chief executive Ian Penrose said.Fund manager Liontrust's funds under management fell slightly to £1.16bn in the three months to 24 March, with both retail and institutional seeing slight net outflows and a net outflow overall of £53m.Media programme DQ has picked up multiple deals for the licensing and merchandising of 'The Jungle Book' series. DQE's original production in hi-end 3D, 'The Jungle Book', is produced as a 52 episode animated series and a 60 minute TV feature. Anti-microbial hygiene group Byotrol has appointed Dr Gary Millar as the Company's new chief executive. Dr Millar will join the company on 1 April.David McRobbie, Byotrol's current CEO, will remain on the board with responsibility for the US operations, and will re-locate to the US later this year as CEO of Byotrol Inc. Byotrol added trading for the year to 31 March will be in line with current market expectations.Car valeter Autoclenz bounced back into the black in 2009 with a profit before tax of £0.48m, compared to a loss of £0.25m in 2008. The rebound was achieved despite sales sliding to £24.0m from £28.0m the year before. Net debt came down to £1.5m from £2.7m at the end of 2008.'At this early stage of 2010 our target is to at least maintain last year's level of profitability and stem some of the revenue declines we have seen in the past two years,' said chairman James Leek.Ceramic tableware maker Churchill China saw pre-tax profit slide to £2.1m from £3.4m, largely as a result of a lower return on its cash pile. Turnover was virtually flat at £41.7m.'The second half showed a pronounced improvement in operating profitability and this positive trend is continuing,' said Jonathan Sparey, chairman of Churchill China.Real-time 3D and 2D x-ray imaging specialist Image Scan saw its share price shoot up on Thursday as it said revenue to the end of March is expected to be comfortably above the preceding year's levels, as interest in its products from the security sector heats up. Mobile phone payments provider Monitise has signed a new contract with the Royal Bank of Scotland (RBS) to continue providing mobile financial services to RBS, NatWest and Ulster Bank.The company added that revenue growth this year remains in line with management forecasts.'In our live territories, we are growing new registered users and revenue well and our conversations with prospective new partners are encouraging. We are very positive about both our global expansion and service range extension strategies,' the company said.Product development software specialist Sopheon fell into the red in 2009 but drew comfort from a profitable fourth quarter.Loss before tax was £1.49m, compared to a pre-tax profit of £0.04m the year before. Revenue eased to £8.26m from £9.30m.'Our current pipeline, coupled with our unique solution set and the continued maturing of our chosen market, continue to give me confidence in our quest to improve shareholder value,' said company chairman Barry Mence. Full year revenue visibility for 2010 currently stands at £4.8m,the company said.Factual content producer Ten Alps expects to post pre-tax profits of around £3.5m in the year to 31 March, up 6% on the £3.3m made last year and in line with market expectations.Revenue is expected to slide to £68m from £80.2m the year before, reflecting the affects of the recession on those businesses exposed to advertising. Earnings before interest, tax, depreciation and amortisation is predicted to dip to £5.4m from £5.9m.'In recent trading, weekly advertising sales run rates have improved within the Communications division, and the Content division has achieved its expected order book for TV production which presents a positive, if early, indication for 2010-11,' the company said.
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20 Jul 2011 16:39

London close: Debt hopes boost markets

Shares moved higher on both sides of the Atlantic amid hopes that European and US leaders are making progress towards agreeing solutions to debt problems. It was US corporate news that boosted today's star sector in London though. Chip companies ARM Holdings and Imagination Technologies sizzled aft

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20 Jul 2011 12:16

London midday: Chip stocks sizzle as Apple impresses

Shares are posting strong gains today as the spotlight moves from Europe's debt woes to the US, where traders are optimistic lawmakers will reach agreement on cutting the world's biggest economy's deficit. Chip companies ARM Holdings and Imagination Technologies in particular are taking their lead

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20 Jul 2011 09:30

Byotrol to supply hand wash to Rentokil Initial

Hygiene technologies group Byotrol rocketed more than 50% after saying it has inked a potential multi-million pound contract to supply hand hygiene and surface sanitisation products to pest control services provider Rentokil Initial. Byotrol said the four year contract covers a range of products th

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8 Feb 2011 14:28

Small caps round-up: Ark Therapeutics, Hambledon, Nighthawk ...

Drug developer Ark Therapeutics has sold the majority of its wound care business to Crawford Healthcare for up to £2.7m, comprising £0.77m upfront and up to £1.93m in milestone payments. The value of the gross assets being sold was put at £1,153,000 as at 30 June 2010. The losses on ordinary activi

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16 Nov 2010 12:34

Small caps round-up: Coastal Energy, Oxford Instruments, Byotrol...

Coastal Energy Company is bucking the market trend, up sharply on news of a find at the Songkhla A-09 well in the Gulf of Thailand and the resumption of production at pre-shutdown levels of 10,000 barrels of oil per day (bopd) following a weather delay. The latest discovery is similar to the A-08 w

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7 Jul 2010 13:34

Round-up: Premier Farnell, Aer Lingus, Byotrol...

Components distributor Premier Farnell's strong sales performance in the first four months of financial year 2011 has continued into June, with sales up by 29% year on year. Irish airline Aer Lingus' total passenger numbers in June 2010 were 941,000, down 8.6% on June 2009. Short haul passengers w

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7 Jul 2010 07:51

Byotrol Signs Joint Development Agreement With Mcbride

LONDON (Dow Jones)--Byotrol PLC (BYOT.LN), an AIM listed anti-microbial hygiene company, said Wednesday that its joint venture, Byotrol Consumer Products Ltd., has signed a joint development agreement with McBride, to develop a liquid hard surface cleaner targeted at the consumer markets in U.K. and

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30 Jun 2010 11:28

Small caps round-up: Emblaze, SerVision, Nestor Healthcare...

Less than two weeks after denying reports that its Else mobile project was in trouble Israeli technology firm Emblaze has confirmed it is abandoning plans to manufacture the First ELSE mobile device. The company said it will concentrate its efforts on licensing the ELSE Intuition platform and techn

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30 Jun 2010 09:28

Byotrol Gets Contract To Supply Odor Elimination Goods In US

LONDON (Dow Jones)--Byotrol PLC (BYOT.LN), an AIM listed anti-microbial hygiene company, said Wednesday that its U.S. subsidiary, Byotrol Inc, has successfully completed its first order to Tink's, a supplier of hunting lures and scents in the U.S., with an initial order worth $140,000. MAIN FACT

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15 Jun 2010 10:10

Small caps round-up: Sopheon, Hargreaves Services, Global Energy,...

Hargreaves Services, which provides support services to the energy sector, said overall results are expected to be in line with management expectations. "The board remain confident about the prospects for the group. The board is particularly excited by the prospects of the Tower project and please

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15 Jun 2010 08:05

Byotrol FY Adjusted Pretax Loss GBP1.77M Vs Loss GBP2.98M

LONDON (Dow Jones)--Byotrol Plc (BYOT.LN), an AIM listed anti-microbial hygiene company, announced Tuesday it had an adjusted pretax loss of GBP1,769,836 for the 12 months ended Mar. 31, compared with a wider loss of GBP2,976,238. MAIN FACTS: -Revenue: GBP3,145,157 (2009: GBP929,847) -Pr

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30 Mar 2010 15:14

Unilever boss Paul Polman takes another bite

Paul Polman, chief executive at Unilever, has been stocking up on shares in the Anglo-Dutch food and household goods giant, spending more than £360,000. He took 19,000 shares at 1,898.9p a time. A spokesperson for the company said this takes his holding to 54,448 shares. Polman was appointed as Un

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21 Dec 2009 16:54

London Close: Footsie posts strong gain

Footsie ended the day almost 2% higher after a strong performance throughout the day. The positive opening of Wall Street gave a further boost later in the afternoon. The Dow has jumped over 100 points helped by optimism that the $800bn plus Health Care Bill could get approved sooner rather than l

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21 Dec 2009 14:47

London afternoon: Dow gains lift Footsie

Footsie is pushing forward following a strong start on Wall St fuelled by weakness in the dollar and related gains for the miners. The Dow has jumped over 80 points helped by optimism that the $800bn plus Health Care Bill could get approved sooner rather than later. Over here, Cairn Energy is sti

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