Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksDriver Grp Share News (DRV)

Share Price Information for Driver Grp (DRV)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 22.00
Bid: 21.00
Ask: 23.00
Change: 0.00 (0.00%)
Spread: 2.00 (9.524%)
Open: 22.00
High: 22.00
Low: 22.00
Prev. Close: 22.00
DRV Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

AIM WINNERS & LOSERS: Driver's "difficult" quarter; XLMedia profit up

Tue, 29th Mar 2022 09:46

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

----------

AIM - WINNERS

----------

Abingdon Health PLC, up 12% at 12.00 pence, 12-month range 7.00p-94.72p. Enters into two "strategic" collaborations. One with diagnostic technology firm Vatic Health Ltd and another with Abingdon's fellow AIM listing DeepVerge PLC. DeepVerge shares were 3.0% higher. With Vatic, Abingdon will work towards a commercial pact for the development and manufacture of a range of lateral flow tests for infectious diseases, initially focused on influenza. Abingdon also teams with DeepVerge for lateral flow tests. The tie-up will supply DeepVerge's Modern Water and Life Science arms. Modern Water monitors toxicity in water, soil and food, while Life Science produces home tests for stress levels, skin changes, and disorders such as diabetes. In addition, Abingdon posts results for the six months ended December 31. Revenue falls to GBP1.7 million from GBP7.7 million a year earlier. It posts no Department of Health & Social Care revenue during the period, compared to GBP4.4 million a year prior, amid a billing dispute.

----------

XLMedia PLC, up 7.9% at 30.65 pence, 12-month range 0.24p-31.00p. The marketing firm's stock hits a one-year high after it posts a 21% revenue increase to USD66.5 million in 2021 from USD54.8 million in 2020. Pretax profit surges to USD4.0 million from USD1.1 million.

----------

AIM - LOSERS

----------

Driver Group PLC, down 23% at 29.90p, 12-month range 24.88p-71.49p. The Lancashire-based engineering services provider says it suffered a "difficult" second quarter, which concludes on Thursday. A problematic pact in the Asia-Pacific region and a drop in revenue in the Middle East hurt results for the quarter. First half pretax profit could fall by more than half. Driver forecasts pretax profit of between GBP300,000 and GBP500,000 for the half year, down from GBP1.0 million a year prior. In addition, it says Chief Financial Officer David Kilgour tenders his resignation. "The recruitment process will commence immediately to identify a suitable replacement to ensure a smooth transition," Driver says

----------

SkinBioTherapeutics PLC, down 18% at 37.44p, 12-month range 25.07p-88.00p. The Macclesfield, England-based life science company, focused on skin health, warns its annual revenue will be "materially below market expectations". Revenue in the half year ended December 31 amounts to GBP21,949, versus none a year earlier. Pretax loss widens to GBP1.2 million from GBP628,241. "While current sales are materially below budget they are growing and expected to be significantly increased by enhanced marketing spend," SkinBioTherapeutics says.

----------

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
10 May 2016 09:37

WINNERS & LOSERS SUMMARY: Paguanta Mine Sale Buys Herencia More Time

Read more
10 May 2016 07:41

Driver Group Issues Profit Warning As Bad Debt Provision Increased

Read more
2 Mar 2016 12:10

Driver crashes after CEO resigns amid revenue worries

(ShareCast News) - Driver Group's chief executive Dave Webster has stepped down from the role after five years, as the company admitted revenue visibility was limited and the UK had endured a slow start to the year. The construction and engineering consultant has seen a number of dispute commissions

Read more
2 Mar 2016 09:27

Driver Group CEO Resigns, Reports Mixed Start To The Year

Read more
25 Feb 2016 16:24

Driver Wins Contract For South Africa Power Plant, Subject To Funding

Read more
24 Feb 2016 16:03

AGM, EGM Calendar - Week Ahead

Read more
8 Dec 2015 10:48

Investment gets in the way of profit for Driver Group

(ShareCast News) - The income rolled in at Driver Group in 2015, but significant investment in the business put paid to profits in its preliminary results to 30 September, announced on Tuesday. Revenue at the AIM-listed construction services firm was up 23% over the period, to £48m. Underlying prof

Read more
8 Dec 2015 09:43

Driver Group Swings To Loss On Restructuring But Revenue Booms

Read more
7 Oct 2015 15:59

DIRECTOR DEALINGS SUMMARY: Driver Group CEO Buys 200,000 Shares

Read more
7 Oct 2015 08:51

DIRECTOR DEALINGS: Driver Group CEO Buys 200,000 Shares

Read more
6 Oct 2015 08:08

Driver Group Says Strong Second Half Leaves Full Year In Line

Read more
30 Jun 2015 10:16

DIRECTOR DEALINGS: Driver Group Non-Executive Buys More Shares

Read more
29 Jun 2015 15:36

DIRECTOR DEALINGS: Driver Group Non-Executive Buys Shares

Read more
26 Jun 2015 13:16

DIRECTOR DEALINGS SUMMARY: Indus Gas CEO Ups Interest To 82.66%

Read more
26 Jun 2015 08:46

DIRECTOR DEALINGS: Driver Group Non-Executive Buys First Shares

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.