focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar 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: 24.00
Bid: 23.00
Ask: 25.00
Change: 0.00 (0.00%)
Spread: 2.00 (8.696%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 24.00
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: IOG up as first gas delivered at Blythe H2 well

Tue, 13th Jun 2023 09:58

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

----------

AIM - WINNERS

----------

IOG PLC, up 11% at 4.40 pence, 12-month range 3.26p-41.00p. The UK-focused gas producer delivers first gas from the Blythe H2 well. The well is brought onstream in three months and one week from the spud date, versus initial guidance of around three months, despite 34 days lost to the well control event. Company is sending equipment to the rig at H2 to resolve an apparent downhole mechanical blockage. If successful, IOG says this could increase H2 flow rates by around month-end to the 30 to 40 million standard cubic feet per day range that the company had previously guided.

----------

Rockfire Resources PLC, up 5.9% at 0.32 pence, 12-month range 0.13p-0.47p. The Australia and Greece-focused mineral exploration company says that a fourth drill hole has encountered strong zinc continuity as part of its geotechnical drilling programme at the Molaoi zinc deposit in Greece. Explains two lodes have been intersected in the fourth drill hole, reaffirming that multiple lodes are continuous at Molaoi. Chief Executive David Price says: "It's great to see confirmation of high grade zinc occurring in each hole being drilled by Rockfire. The continuity of zinc mineralisation is being confirmed, and the positioning of the zinc lodes in accordance with those encountered during drilling by the Greek government in the 1980s is being affirmed. Zinc grades remain robust. Importantly, the minimum mining width for mechanised mining of 2 metres is still being achieved. This is a critical aspect of mine design and planning for underground extraction."

----------

AIM - LOSERS

----------

Driver Group PLC, down 4.6% at 31.00 pence, 12-month range 23.10p-35.04p. The construction consultancy firm posts a pretax profit of GBP508,000 in the six months ended March 31, up sharply from GBP130,000 the year prior. Revenue, meanwhile, dips to GBP24.2 million from GBP24.4 million. Says it is focused on improving bottom-line in the current financial year after the challenges encountered in the past financial year. Notes "positive progress" in the first quarter of new financial year and says this momentum has "continued and strengthened" in the second quarter. However, says April was slower than expected due to the timing of the Easter weekend and a succession of public holidays.

----------

By Heather Rydings, Alliance News senior economics reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
9 Dec 2021 11:36

AIM WINNERS & LOSERS: CloudCall agrees Xplorer Capital takeover offer

AIM WINNERS & LOSERS: CloudCall agrees Xplorer Capital takeover offer

Read more
7 Dec 2021 14:42

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

Read more
21 Oct 2021 11:59

IN BRIEF: Driver Group expects annual profit in line with expectations

IN BRIEF: Driver Group expects annual profit in line with expectations

Read more
21 Oct 2021 10:51

AIM WINNERS & LOSERS: Cyanconnode extends gains; Tekmar cost pressure

AIM WINNERS & LOSERS: Cyanconnode extends gains; Tekmar cost pressure

Read more
21 Oct 2021 09:41

Driver Group expects FY underlying pre-tax profits in line with forecasts

(Sharecast News) - Professional services consultancy Driver Group said on Thursday that full-year underlying pre-tax profits were expected to be in line with market forecasts.

Read more
8 Jun 2021 13:11

TRADING UPDATES: Nightcap toasts sales jump after May reopening

TRADING UPDATES: Nightcap toasts sales jump after May reopening

Read more
8 Jun 2021 11:07

Underlying profit narrows in first half at Driver Group

(Sharecast News) - Engineering and construction consultancy Driver Group reported an underlying profit before tax of £1.0m for its first-half on Tuesday, narrowing from £1.3m year-on-year, resulting in an underlying profit before tax margin of 4%, in line with the prior year.

Read more
1 Jun 2021 15:51

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

Read more
30 Apr 2021 14:15

TRADING UPDATES: Henry Boot gets planning boost; Beximco sales jump

TRADING UPDATES: Henry Boot gets planning boost; Beximco sales jump

Read more
30 Apr 2021 13:28

Driver Group expecting 'creditable' performance in interim period

(Sharecast News) - Construction and engineering consultancy Driver Group updated the market on its trading on Friday, describing its performance as "creditable" in the interim period, with profit before exceptional items and tax expected to be "slightly lower" year-on-year.

Read more
22 Feb 2021 16:08

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

Read more
24 Dec 2020 13:58

UK DIRECTOR DEALINGS SUMMARY: New Tyman Chair Buys 100,000 Shares

UK DIRECTOR DEALINGS SUMMARY: New Tyman Chair Buys 100,000 Shares

Read more
15 Dec 2020 14:19

IN BRIEF: Driver Group Annual Earnings Decline On Covid-19 Disruption

IN BRIEF: Driver Group Annual Earnings Decline On Covid-19 Disruption

Read more
8 Dec 2020 15:52

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

Read more
13 Nov 2020 15:55

IN BRIEF: Driver Opens Madrid Office And Gets Help From Expert

IN BRIEF: Driver Opens Madrid Office And Gets Help From Expert

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.