The next focusIR Investor Webinar takes places on 14th May with guest speakers from 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 picksVolution Group PLS Share News (FAN)

Share Price Information for Volution Group PLS (FAN)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 431.50
Bid: 434.00
Ask: 435.50
Change: -2.50 (-0.58%)
Spread: 1.50 (0.346%)
Open: 432.00
High: 437.50
Low: 429.50
Prev. Close: 434.00
FAN Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

SMALL-CAP WINNERS & LOSERS: Renewi and Volution lift full-year outlook

Thu, 11th Mar 2021 10:48

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday.

----------

SMALL-CAP - WINNERS

----------

Renewi PLC, up 17% at 54.00 pence, 12-month range 17.66p-54.9p - hitting this 52-week high earlier on Thursday. The waste-to-product business says it has continued to perform well in the fourth quarter, driven by a strong performance in its core Commercial Division. Given this, group underlying earnings before interest and tax for the financial year ending March 31 is now expected to be significantly ahead of its previous expectations at around EUR68 million.

----------

BATM Advanced Communications Ltd, up 8.7% at 101.99p, 12-month range 30p-150.5p. The laboratory diagnostic equipment distributor launches a new molecular diagnostics kit that uses self-collected saliva samples to test for SARS-CoV-2. "This significantly improves the sample collection process compared with existing swabbing methods while, as an RT-PCR test, maintaining diagnostic accuracy," BATM explains, adding it has started taking orders and expects to begin delivering the kit in April.

----------

Volution Group PLC, up 8.4% at 340.25p, 12-month range 122.46p-346p - hitting this high earlier on Thursday. The ventilation products supplier reports revenue of GBP131.7 million in the half-year to January 31, up 11% on GBP118.8 million a year ago. Pretax profit improves 19% to GBP14.2 million and firm declares interim dividend per share of 1.90p, versus nothing a year ago. Adds that earnings for full-year are expected to be ahead of current market expectations.

----------

Go-Ahead Group PLC, up 6.2% at 1,363p, 12-month range 390.2-1,718p. The public transport operator reports revenue of GBP2.07 billion for half-year to January 2, up 3.1% on a year ago, though pretax profit halved to GBP24.6 million from GBP49.0 million. Says pandemic challenges dominated the first half of its financial year, but the second half has started with a "more positive outlook" and the introduction of a mass vaccination programme. "Our business remains in a strong position. Our financial performance has been resilient, and our full year expectations have increased as a result of stronger profitability in our London & International division," company says.

----------

SMALL-CAP - LOSERS

----------

Galliford Try Holdings PLC, down 2.2% at 136.82p, 12-month range 70p-167.06p. The construction firm went ex-dividend on Thursday, meaning new buyers no longer qualify for the latest payout.

----------

By Lucy Heming; lucyheming@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
2 Aug 2021 13:36

IN BRIEF: Volution to buy Italy-based Energy Recovery Industries

IN BRIEF: Volution to buy Italy-based Energy Recovery Industries

Read more
2 Aug 2021 09:37

BROKER RATINGS: Reckitt Benckiser upgraded; Smurfit Kappa and Tui cut

BROKER RATINGS: Reckitt Benckiser upgraded; Smurfit Kappa and Tui cut

Read more
2 Aug 2021 07:38

Volution buys ERI for initial €23.4m

(Sharecast News) - Volution Group said it had bought Energy Recovery Industries, a maker and supplier of low-carbon, energy efficient heat exchanger cells, for an initial €23.4m.

Read more
22 Jul 2021 18:08

TRADING UPDATES: Safestyle trading "strong"; Medica wins new clients

TRADING UPDATES: Safestyle trading "strong"; Medica wins new clients

Read more
22 Jul 2021 12:47

Liberum raises target price on Volution

(Sharecast News) - Analysts at Liberum raised their target price on ventilation products supplier Volution from 377.0p to 520.0p on Thursday, citing ongoing momentum.

Read more
22 Jul 2021 12:03

Thursday broker round-up

(Sharecast News) - EasyJet: Berenberg keeps at 'hold' but reduces target price from 1,000.0p to 930.0p.

Read more
22 Jul 2021 09:39

BROKER RATINGS: Antofagasta, Flutter and Royal Mail get upgrades

BROKER RATINGS: Antofagasta, Flutter and Royal Mail get upgrades

Read more
22 Jul 2021 09:23

Volution sees FY ahead of expectations, shares rally

(Sharecast News) - Volution rallied on Thursday as it said revenue and earnings for the full year were set to be ahead of market expectations after strong second-half trading.

Read more
9 Jun 2021 11:47

TRADING UPDATES: Dewhurst warns of choppy sales, supply chain trouble

TRADING UPDATES: Dewhurst warns of choppy sales, supply chain trouble

Read more
26 May 2021 11:06

SMALL-CAP WINNERS & LOSERS: Spire shoots up on GBP1 billion takeover

SMALL-CAP WINNERS & LOSERS: Spire shoots up on GBP1 billion takeover

Read more
26 May 2021 07:28

Royal Mail poised to replace Renishaw in return to FTSE 100

Royal Mail poised to replace Renishaw in return to FTSE 100

Read more
27 Apr 2021 16:08

UK dividends calendar - next 7 days

UK dividends calendar - next 7 days

Read more
18 Mar 2021 16:03

UK dividends calendar - next 7 days

UK dividends calendar - next 7 days

Read more
11 Mar 2021 17:17

TRADING UPDATES: Volution and Gem Diamonds resume dividend payouts

TRADING UPDATES: Volution and Gem Diamonds resume dividend payouts

Read more
11 Mar 2021 13:28

Thursday broker round-up

(Sharecast News) - Hunting: RBC Capital Markets downgrades to sector perform with a target price of 305p.

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.