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 picksEmpresaria Group Share News (EMR)

Share Price Information for Empresaria Group (EMR)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 39.50
Bid: 38.00
Ask: 41.00
Change: 0.00 (0.00%)
Spread: 3.00 (7.895%)
Open: 39.50
High: 39.50
Low: 39.50
Prev. Close: 39.50
EMR 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: Treatt revenue falls; Secure Trust profit picks up

Thu, 25th Jan 2024 20:21

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

----------

Secure Trust Bank PLC - Solihull, England-based provider of savings accounts and lending services - Continues to trade in line with management expectations in the fourth quarter ended December 31, with a significant increase to year-on-year underlying pretax profit and impairments. Net lending grew by around 14% in the year to GBP3.3 billion, a significant step towards the GBP4 billion ambition. Says all four specialist lending businesses delivered record levels of new lending in 2023. Company remains on track to deliver GBP5 million in annualised savings from cost optimisation programme in 2024.

----------

Treatt PLC - manufacturer and supplier of extracts and ingredients for the beverage, flavour and fragrance industries - Trading update ahead of annual general meeting. Revenue performance in first quarter, typically the quietest quarter, saw a decline year on year as anticipated, reflecting the impact of destocking. Reports encouraging signs that destocking trends are reversing, expects customer demand to return to more normal levels in second quarter. On track for further improvement in net debt in line with expectations.

----------

Mortgage Advice Bureau Holdings PLC - Reports trading was better than anticipated in the fourth quarter to December 31. Expects to report an adjusted pretax profit slightly ahead of current market consensus.

----------

Tissue Regenix Group PLC - Leeds, England-based medical device company - Trading update for year ended December 31. Total revenue expected to increase by 21% to USD29.5 million from USD24.5 million, ahead of expectations. An adjusted earnings before interest, tax, depreciation and amortisation profit is expected for 2023, ahead of expectations. Company says trading was very strong, with growth achieved across all three segments of the business. Continues to see robust demand for its portfolio of products. Says revenue growth in 2023 was driven by the BioRinse segment. Expects positive trading conditions to remain through 2024.

----------

Novacyt SA - Eastleigh-based biotechnology group focused on clinical diagnostics - Expects revenue for 2023 to total around GBP11.6 million, in line with guidance. 2022 revenue was GBP21.0 million. Cash position at December 31 was GBP44.1 million, down from GBP81.7 million, reflecting the acquisition of Yourgene. Remains debt free.

----------

Aquis Exchange PLC - London-based financial markets operator, including pan-European equities trading platform Aquis Markets and UK growth-company market Aquis Stock Exchange - Expects to report performance for full-year 2023 in line with board expectations. Sees revenue up 12% to GBP22.6 million from GBP20.1 million in 2022, pretax profit up 16% to GBP5.2 million from GBP4.5 million and cash up 4% to GBP14.8 million from GBP14.2 million. For the Data division, revenue is up 23%. Technologies revenue is up 19%, while Markets is up 7%.

----------

Epwin Group PLC - Solihull, England-based building products' manufacturer - Expects full-year 2023 underlying operating profit to be towards upper end of market expectations. This would be a significant increase over financial 2022. Says trading remained resilient through to the end of the year. Trading in the first weeks of 2024 has been in line with the expectations.

----------

Animalcare Group PLC - trading update for year to December 31. Expects full year revenue to be around GBP74.4 million, up 4% from GBP71.6 million the year prior. Anticipates underlying earnings before interest, tax, amortisation and depreciation will be in line with market expectations and at least in line with 2022's GBP13.1 million. Headline revenue benefited from strong growth in the Companion Animals oral health range, notably Plaqtiv+, demand for Danilon in Equine and continuing momentum of the Identicare pet microchipping and consumer-focused services business.

----------

Empresaria Group PLC - Crawley, England-based recruitment company - Net fee income drops 12% to GBP57.5 million, down 11% in constant currency. Expects adjusted pretax profit to be at the top end of the range guided to in November, of GBP3.0 million to GBP3.5 million. Offshore Services continues to perform well, with net fee income up 4% despite challenging market conditions. Explains permanent placement activity has been most significantly impacted with net fee income down 25% year-on-year. Temporary and contract net fee income is down 10%.

----------

Personal Group Holdings PLC - Milton Keynes-based employee benefits and services provider - Predicts revenue of GBP103 million, up from GBP86.7 million in 2022 and adjusted earnings before interest, tax, depreciation and amortisation of GBP8.0 million, up from GBP6.0 million the year before, in line with market expectations. Total recurring revenue increases by 14% to GBP38.3 million, insurance annualised premium income rises 13% to GBP31.6 million. Trading in the first few weeks of 2024 has been positive, reinforcing confidence in ongoing delivery moving forward.

----------

Strix Group PLC - Isle of Man-based provider of kettle safety controls - Reports adjusted pretax profit of GBP20.6 million on a constant currency and GBP20.1 million on a reported basis. Demand for kettle controls in the key export regulated markets remains subdued, and whilst it has delivered quarter on quarter recovery during 2023 which it expects to continue, it remains around 20% lower by volume than 2021 and the recovery has been slower than anticipated. Strix also announces appointment of Clare Foster as chief financial officer. Says Foster will join Strix on February 1 and formally take office on April 2.

----------

By Jeremy Cutler, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

More News
5 Sep 2013 09:24

Empresaria ups profit despite falling revenue

Specialist staffing group Empresaria posted a fall in revenue and net fee income for the half year, hit by a decline in the Continental Europe region. Revenue decreased 2% to £95.6m (June 2012: £97.8m), with permanent revenue up 7% and temporary staffing revenues down 3% year-on-year. Adjusted (

Read more
21 Jun 2013 11:31

London midday: Stocks rebound but sentiment fragile after heavy sell-off

The FTSE 100 rebounded from five-month lows on Friday morning after comments from the Federal Reserve prompted a dramatic global market sell-off the day before. London's benchmark index tumbled an eye-watering 189 points on Thursday, falling 2.98% to 6,160 as markets reacted to comments from Fed Ch

Read more
25 Apr 2012 16:34

Capita Chief Exec drops 400,000 shares

Paul Pindar, the Chief Executive of Capita, the FTSE 100 global business services group, has ditched 400,000 shares in the firm. Pindar, who joined Capita in 1987 from 3i, sold off the shares for 685p each, earning him £2.74m. The shares were sold to satisfy a personal settlement, the company sai

Read more
21 Mar 2012 14:20

Small caps round-up: Empresaria, Camco, ECR Minerals

Pre-tax profit at recruitment firm Empresaria slumped by 71% from £6.5m to £1.9m in 2011. The major reason for this was lower profits in Germany, where new collective bargaining agreement required the group to raise pay rates for some of its temporary works and to incur significant legal fees. Meanw

Read more
8 Sep 2011 07:31

Empresaria warns on profits after German ruling

Recruitment firm Empresaria has swung into the red and issued a profit warning after experiencing a tougher environment in Germany, its biggest market. Reported loss before tax was £1.9m in the first half of 2011, versus a profit of £2.3m the year before. Adjusted profit before tax, which excludes

Read more
31 Jan 2011 11:24

Small caps round-up: Air Partner, Gemfields, Regenersis...

Aviation group Air Partner says that trading has remained positive in the six months to date and the interim results are likely to be ahead of expectations, partly attributable to the strong performance in its commercial jet broking division. While the group says it is well positioned to increase p

Read more
9 Sep 2010 14:48

Small caps round-up: Eros, China Medical Systems, Tristel.....

Indian films distributor Eros International has filed a prospectus for the proposed flotation of Eros International Media Limited in relation to the proposed flotation on the National Stock Exchange of India and the Bombay Stock Exchange. The offer will open on 17 September and be closed four days l

Read more
10 Jun 2010 10:06

MARKET TALK: Merchant John East Ups Empresaria Forecasts

0906 GMT [Dow Jones] Merchant John East ups its earnings forecasts for recruiter Empresaria Group PLC (EMR.LN) on the back of a cautiously positive AGM statement. Increases the pretax profit and earnings per share forecasts for 2010 to GBP5.3M and 6.1p from GBP4.5M and 4.8p, respectively. Ups 2011 f

Read more
8 Jun 2010 11:30

CORRECT:ABB CFO: Net Cash Would Be Over $3B After Chloride

("*ABB CFO: Net Cash Pile Would Be $2B After Chloride Acquisition" published at 0828 GMT misstated the net cash position.) (MORE TO FOLLOW) Dow Jones Newswires June 08, 2010 06:30 ET (10:30 GMT)

Read more
25 Mar 2010 12:33

Small caps round-up: Ceres Power, Empyrean, Fortune Oil...

Ceres Power's interim loss grew to £5.9m from £3.3m a year earlier as revenue slumped 39%, blamed on the £2m Alpha milestone completion payment from British Gas last June being recognised as revenue when earned, based on costs incurred over the Beta and Gamma phases. Brian Count, chairman of the UK

Read more
21 Jan 2010 11:40

Round-up: Wincanton, Empresaria, Xaar...

Haulier Wincanton says operating profit held up well between October and January, though, as previously flagged, pre-tax profit for the year to 31 March 2010 is expected to be below the results reported last year. Higher finance costs following a refinancing are the reason. 'The continuing strength

Read more
18 Jun 2009 09:11

Small caps round-up: Empresaria, Avon Rubber, InterBulk, Dialight, India Hospitality, Shanta Gold, Cryptologic

Empresaria, the international staffing group, saw revenues for the current financial year to April, excluding discontinued operations, fall 4% on the same period in 2008 and net fee income down 22%. "These volume reductions are driven largely by reductions in permanent fee income levels (34% down a

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.