REMINDER: Our focusIR Investor Webinar takes place TONIGHT with guest speakers from WS 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 picksFrenkel Topping Share News (FEN)

Share Price Information for Frenkel Topping (FEN)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 52.00
Bid: 50.00
Ask: 54.00
Change: 0.00 (0.00%)
Spread: 4.00 (8.00%)
Open: 52.00
High: 52.00
Low: 52.00
Prev. Close: 52.00
FEN Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

EARNINGS: CMO "not immune" to tough market; Malvern in profit swing

Fri, 29th Sep 2023 12:55

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

----------

CMO Group PLC - Plymouth, based online building materials retailer - Revenue in half-year ended June 30 declines 12% to GBP36.9 million from GBP41.9 million 12 months earlier. Swings to pretax loss of GBP763,000 from profit of GBP358,000. CMO says: "The group has delivered positive performance during H1 against its strategic key priorities aimed at driving profitable sales growth for the future. Like-for-likes indicate that we are now outperforming the market with a more encouraging trend in the SUPERSTORES. We expect this improving sales trend to continue into Q4. However, we are not immune to market conditions."

----------

Malvern International PLC - London-based learning and skills development company - Revenue in first half of 2023 jumps to GBP4.9 million from GBP2.3 million a year prior. Swings to pretax profit of GBP222,000 from a loss of GBP676,000. "We are extremely pleased with our performance in H1 2023 which has been driven by a combination of a strong return in the international study market and our strategy to invest in our sales and marketing function over the last three years," Chief Executive Officer Richard Mace says. "Our forward bookings and revenue visibility in H2 2023 and for the start of 2024 gives us confidence in Malvern's near and longer-term prospects. We expect to see growth in all divisions in 2024."

----------

Mercantile Ports & Logistics Ltd - developer, owner and operator of ports and logistics facilities in India - In the six months to June 30, revenue declines 40% to GBP2.7 million from GBP1.9 million a year earlier. Mercantile's pretax loss narrows to GBP5.4 million from GBP6.5 million. The firm says: "We started the year strongly and continued to build volumes through the facility. At the same time, we have been pleased with the increased number of enquiries from potential customers that are interested in using our facility. While the existing customers are pleased with the service levels and the overall ease of doing business at our port, the pipeline of new customers looking to use our facility is robust and will further expand our business." It adds: "Notwithstanding the intense monsoon of this year, our port is busy and, we remain confident of a successful outcome in 2023."

----------

Symphony Environmental Technologies PLC - Hertfordshire-based developer of technology to make plastic biodegradable - Revenue in six months to June 30 increases 20% to GBP3.6 million from GBP3.0 million a year prior. Symphony Environmental's pretax loss narrows to GBP863,000 from GBP1.4 million. It adds: "We are advancing well with some of the macro drivers, such as seeing positive developments with the adoption of our type of d2w biodegradable plastic technology in Saudi Arabia, The UAE, Jordan, Bahrain and parts of Latin America and the Caribbean - with Yemen now added this month."

----------

Schroder Japan Trust PLC - invests in Japanese stocks - Net asset value per share at July 31 year-end rises 9.4% to 252.25 pence from 230.68p the year prior. It reports a net asset value total return of 11%, beating its benchmark which grew 9.4%. Lifts final dividend by 10% to 5.40p from 4.90p.

----------

Frenkel Topping Group PLC - professional and financial services firm focused on personal injury and clinical negligence - Revenue in six months ended June 30 up 44% to GBP16.0 million from GBP11.1 million a year earlier. Pretax profit surges 89% to GBP2.4 million from GBP1.3 million. Company adds: "The group has entered the second half of the year carrying real momentum from H1, benefiting from the diversification of revenue and encouraging growth in transactional revenue. We expect financial markets to remain challenging, which will continue to moderately impact AUM growth and consequently the company's recurring revenue. However, the board maintains its confidence in the full year outturn which is tracking in line with management's expectation."

----------

By Eric Cunha, Alliance News news editor

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
14 May 2014 07:29

UK MORNING BRIEFING: ITV Weighs On FTSE 100 Despite Strong Revenue

LONDON (Alliance News) - Share have opened mixed in London Wednesday, with the FTSE 100 underperforming small- and mid-cap indices, ahead of UK economic data and announcements by the Bank of England.

The blue-chip index is being weighed down by broadcaster ITV, whos

Read more
24 Mar 2014 11:06

Frenkel Topping Reports 35% Pretax Profit Increase

LONDON (Alliance News) - Personal injury and clinical negligence financial adviser Frenkel Topping Group PLC Monday reported a 35% increase in annual pretax profit and upped its full-year dividend. Frenkel Topping reported a GBP1.4 million pretax profit for 2013, compared with GBP1.0 millio

Read more
24 Mar 2014 10:28

Interview: Frenkel Topping increases dividend payout by 93 per cent

The provider of financial advice on the investment of personal injury damages Frenkel Toping has reported a 15 per cent increase in its full-year revenues to 5.5m pounds. Profits before taxes grew by 35% to reach £1.39m (1.76p per share), as gross margins improved to 64% from 60% beforehand. Fun

Read more
20 Jan 2014 15:57

Frenkel Topping Says Full-Year Results To Be Ahead Of Expectations

LONDON (Alliance News) - Specialist independent financial advice provider Frenkel Topping Group PLC Monday said that it expects its final results for the year ended December 31 2013 to be ahead of market expectations. The group said that its full-year results will be boosted by an "excellen

Read more
11 Nov 2013 16:53

Aviva Non-Exec makes first investment

British insurance company Aviva on Monday said recently appointed Non-Executive Director Michael Mire had bought 7,500 at 439.89p each, his only holding in the group. Mire joined the company in mid-September as part of its ongoing programme to refresh the board. The company said on his appointment

Read more
11 Nov 2013 13:06

DIRECTOR DEALINGS: Frenkel Topping Managing Director Buys 78,525 Shares

Read more
5 Sep 2013 16:11

LSL Chief sells four million shares ahead of role change

Simon Embley, the out-going Chief Executive of LSL Property, announced plans to sell just short of 20m pounds-worth of shares in the residential property services provider. Embley, who is changing roles within the company to Deputy Chairman on September 9th, traded in a total of 4.16m shares at an

Read more
5 Sep 2013 14:15

DIRECTOR DEALINGS - Frenkel Topping MD Sells 1.1M Shares

Read more
14 Aug 2013 16:49

Four Babcock directors build stakes after exercising options

Four members of Babcock's board of directors exercised share awards in the engineering support services firm over the past few days, building their stakes following a strong rise in the share price so far this year. Babcock has performed relatively well in 2013 despite the ongoing wider market vola

Read more
9 Apr 2013 07:18

Growth in investment management services drives profit rise at Frenkel Topping

Full year pre-tax profit rose 21 per cent at independent financial advisory group Frenkel Topping underpinned by strong growth in the group's investment management services. Profit before tax increased to £1.03m in the year ended December 31st from £0.85m one year earlier, while revenue jumped 5.0%

Read more
16 Jul 2012 16:43

New regulations hold no fear for Frenkel Topping

Financial services firm Frenkel Topping moved close to its 52-week high after a solid set of interim figures. The company, which provides financial advice on the investment of personal injury damages and clinical negligence awards, saw revenue in the first half of 2012 rise to £2.34m from £2.22m.

Read more
25 Apr 2012 09:08

Wednesday broker round-up

ARM Holdings: Investec maintains buy rating and 800p target; Natixis upgrades from neutral to buy, target lifted from 600p to 625p; JP Morgan Cazenover maintains neutral rating and 540p target; Barclays Capital reiterates overweight recommendation and 725p target; Jefferies upgrades from underperfor

Read more
20 Jun 2011 15:54

Encore Oil boss takes more shares

Encore Oil's chief executive Alan Booth has been rebuilding his stake in the North Sea-focused explorer. He took 200,000 shares at an average price of just over 57.6p a share, paying a total of about £115,000. Following the purchase, he now has 6.65m shares in the firm, which amounts to about 2.27

Read more
8 Jun 2011 15:38

Stobart's Alan Kelsey jumps aboard

New Stobart director Alan Kelsey has wasted no time opening his account with the logistics giant, spending nearly £77,000 on shares. He took 55,000 shares at just under 140p a time. Kelsey, 62, joined Stobart last month. He has been corporate development director at the rail and bus group National

Read more
21 Sep 2010 16:54

CLS founder buys shares

Sten Mortstedt, the executive chairman of CLS Holdings, has increased his stake in the property investor through his family and charity trust. The purchase of 10,000 shares at 520p each cost £52,000 and took Mortstedt's stake to 53.14%. This purchase follows last week's tender offer at 625p a share

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.