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
23 Feb 2015 06:15

UK AGM, EGM Calendar - Week Ahead

Read more
20 Feb 2015 15:57

UK AGM, EGM Calendar - Week Ahead

Read more
20 Feb 2015 06:23

UK AGM, EGM Calendar - Week Ahead

Read more
19 Feb 2015 16:13

UK AGM, EGM Calendar - Week Ahead

Read more
19 Feb 2015 06:23

UK AGM, EGM Calendar - Week Ahead

Read more
18 Feb 2015 16:21

UK AGM, EGM Calendar - Week Ahead

Read more
8 Oct 2014 07:42

DIRECTOR DEALINGS: Driver Non-Executive Chairman Sells 625,000 Shares

Read more
7 Oct 2014 10:46

Driver Ends Year With Profit In Line With Management Expectations

Read more
1 Oct 2014 08:43

DIRECTOR DEALINGS: Driver Group Chairman Exercises Options

Read more
18 Sep 2014 09:08

Driver Group Wins Contract With SABIC For Teesside Plants

Read more
8 Aug 2014 07:23

UK MORNING BRIEFING: Catlin Leads FTSE 350 Amid Nervous Market

Read more
8 Aug 2014 06:28

Driver Group Signs Project Delivery Framework With Kier Group

Read more
20 May 2014 13:51

Driver Group First Half Pretax Profit Hit By Expansion Costs

LONDON (Alliance News) - Driver Group PLC Tuesday said its first-half pretax profit slipped fell by more than a fifth despite an increase in revenue, as the company looked to establish its new offices in Australia and Hong Kong, and to strengthen its business in Singapore. In a statement, D

Read more
18 Mar 2014 11:20

Driver Creates Joint Venture With MHPM Project Managers In Canada

LONDON (Alliance News) - Construction consultancy Driver Group PLC said Tuesday that it has created a joint venture with MHPM Project Managers Inc, to increase its footprint in Canada. Driver said the joint venture will combine the capacity and skills base of the two businesses, to provide

Read more
27 Feb 2014 14:36

Driver Group Performing In Line With Expectations

LONDON (Alliance News) - Driver Group PLC said that it continues to perform in line with management expectations as it saw encouraging performances in Europe and the Middle East, although it cautioned on its performance in Africa and America, in a statement ahead of its annual general meeting Thu

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.