The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksCoral Products Share News (CRU)

Share Price Information for Coral Products (CRU)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 10.50
Bid: 10.00
Ask: 11.00
Change: 0.75 (7.69%)
Spread: 1.00 (10.00%)
Open: 9.75
High: 10.50
Low: 9.75
Prev. Close: 9.75
CRU Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

TRADING UPDATES: Synectics announces contract win; LifeSafe revenue up

Wed, 29th Nov 2023 14:25

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

----------

Xeros Technology Group PLC - Edinburgh, Scotland-based television, brand and audio production group - Expects full-year adjusted earnings before interest, tax, depreciation and amortisation to be in line with expectations of a GBP4.7 million loss. Also forecasts its year-on-year cash balance to be in line with market expectations of GBP1.6 million. Says its full-year revenue is dependent on a "specific" XOrb shipment delivery date to one of its licence partners. Market expectations for revenue are GBP800,000. "We are delighted that the business continues to perform as expected. We would also to thank our shareholders for their continuing and proactive support, in what is an important year in Xeros' transition to break-even," says Chief Executive Officer Neil Austin.

----------

Transense Technologies PLC - Bicester, Oxfordshire-based developer of specialist sensor systems for vehicles - Says in the first four months of the financial year ending June 30, revenue grew 13% year-on-year, but noted it was below its expectations. Meanwhile, pretax profit increased threefold.

----------

Synectics PLC - Sheffield, England-based security and surveillance systems firm - Secures GBP1.0 million contract with unnamed UK financial institution to deliver a multi-site deployment of its software platform, Synergy. Says contract will be completed in 2024. Under the deal Synectics will deliver an upgraded surveillance and security system in multiple locations across the financial institution's back-office estate in the UK, which includes data, cash, alarm receiving, and disaster recovery centres. Will also undertake upgrades to the financial institution's existing on-site hardware.

----------

Coral Products PLC - Manchester, England-based specialist in the design, manufacture and supply of plastic products - Says earnings for the six months to October 31 are expected to be in line with market expectations. Says Executive Chair Joseph Grimmond will step down from role on January 1, and will become non-executive chair. Also announces the appointment of Lance Burn as CEO, effective January 2.

----------

LifeSafe Holdings PLC - Essex, England-based fire safety technology developer - Says year-to-date revenue is approximately GBP5.4 million, 62% higher than a year ago. Says sales growth was hurt by

recent increases in digital advertising and logistics costs. Says it will not attain monthly Ebitda profitability in the final quarter of 2023 as previously hoped, and says Ebitda loss will be higher than expected. Underlying Ebitda loss for 2023 is predicted to be in the range of GBP1.3 million to GBP1.5 million. Looking ahead, expects 2023 revenue to be in the range of GBp5.7 million to GBP5.9 million. Chair Dominic Berger says: "While we are disappointed with the impact of the unexpected increased costs within our digital sales channel, the company continues to show strong sales growth this year, which is already 62 per cent ahead of 2022. This performance has come during a time where our focus was to establish our brand in the market and drive further top line growth in our digital channel, both of which we have delivered."

----------

Trinity Exploration & Production PLC - Leeds-based exploration and production company focused on Trinidad & Tobago - Says it safely perforated the two Lower Cruse 1 zones on Tuesday, ahead of the anticipated schedule of mid-December, at its Jaocbin oil discovery. Says testing of these two zones will now commence and the well's performance will be closely monitored.

----------

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
29 Jul 2015 09:14

Coral Products Posts Annual Profit As Strategic Product Shift Pays Off

Read more
30 Jun 2015 07:37

Coral Products Gets New Online Delivery Crates Order For GBP1 Million

Read more
24 Jun 2015 08:31

Coral Products In Share Issue As It Buys Neiman Packaging Assets (ALLISS)

Read more
23 Jun 2015 12:26

Coral Products receives first order for volume production of its specially designed crates

Coral Products, which manufacturers injection moulded plastic products, has received its first purchase order for volume production of specially designed crates for use in on-line delivery centres. The order, worth a total of £1.1m, forms part of the ten year supply agreement signed in June last yea

Read more
23 Jun 2015 07:26

Coral Products Up On GBP1.1 Million Crates Purchase Order

Read more
20 Mar 2015 13:05

LSE suspends bankrupt broker Hume Capital

The London Stock Exchange has suspended the membership of bankrupt broker Hume Capital Securities after defaulting on unsettled exchange market contracts. The broker, which is an adviser to listed firms including Great Western Mining, LPA Group, Orogen Gold and Coral Products, called in the administ

Read more
2 Mar 2015 10:08

DIRECTOR DEALINGS: Coral Products Non-Executive Buys 25,000 Shares

Read more
19 Feb 2015 13:04

Coral Products Expects To Pay Dividend After Revised VDC Cost

Read more
6 Feb 2015 13:20

UK DIRECTOR DEALINGS SUMMARY: Zambeef Directors Beef Up Stakes

Read more
4 Feb 2015 11:28

DIRECTOR DEALINGS: Coral Products Chairman Buys 100,000 Shares

Read more
2 Feb 2015 09:37

Coral Products Takes Loan From Chairman To Fill Funding Gap

Read more
27 Aug 2014 08:25

Coral Products Trading In Line With Expectations

Read more
27 Aug 2014 07:38

UK MORNING BRIEFING: Shares Open Flat To Higher But Foxtons Falls

Read more
27 Aug 2014 05:53

UK AGM, EGM Calendar - Week Ahead

Read more
26 Aug 2014 15:16

UK AGM, EGM Calendar - Week Ahead

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.