CRA.L Share News (CRA)

XP Power said the evolution of the group to an own brand/own manufactured business model is driving a significant improvement in performance, as control over the manufacturing process delivers both higher margins and more rapid customer response times. Group revenues in the three months to 30 June grew by 35% with gains across all market sectors in North America, Europe and Asia. In constant currency the growth rate was 36%. Revenues for the six months ended 30 June grew by 23%."With record order books XP has entered the second half of 2010 in a strong position. The rate of growth in revenue should accelerate in the second half as existing programs ramp up and further new customer programmes enter production," the group said.Thor Mining's Dundas gold project in Western Australia has thrown up additional anomalies with new drill targets.Assay results from the remaining 200 of 486 calcrete samples collected in March and April on exploration licences E63/872 and E63/1102 revealed the greatest concentration of high gold values so far, and a further "substantial" increase in that part of the project area offering potential drill targets.A total of 52 samples returned gold values of 8-26 parts per billion (ppb), of similar tenor to soil sample assays which led to the 5m ounce discovery at Anglo-Gold Ashanti's Tropicana mine further to the north on the Albany-Fraser belt. Several samples also returned elevated copper values in addition to the earlier reported sample assayed at 142ppm copper.Identity management business GB Group plans to transfer the admission of its shares to AIM from the main market. The group said it believes that AIM has the benefit of lower transactional costs, similar ongoing costs and simpler administration and regulatory requirements.Investment group Braveheart remained stuck in the red last year though losses were reduced. Loss before tax in the year to 31 March 2010 narrowed to £0.77m from £1.26m the previous year. Revenue grew to £0.57m from £0.35m the year before.Total income shot up to £0.92m from £0.29m a year earlier, as the company recognised a £0.61m improvement in the fair value of its investments, having written them down by £0.38m the preceding year.Cash balances at the end of the reporting period had fallen to £1.47m from £3.22m at the end of March 2009.Corac chief executive Phil Cartmell today took on the responsibilities of executive chairman Gerry Musgrave who stepped down at the compressor technology specialist's AGM on 24 June.CSF, a provider of data centre facilities and services in South East Asia, has entered into a tenancy agreement with a multinational telecoms company who'll rent 11,450 square feet of space at the CX2 data centre.The largest provider of data centre services in Malaysia says the occupancy of CX-2 by paying customers has increased to 67%, and is on track to achieve full occupancy by December.