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Pin to quick picksGreatland Gold Share News (GGP)

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TRADING UPDATES: Science Group swings to profit, eEnergy revenue grows

Tue, 09th Mar 2021 17:07

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

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Science Group PLC - Cambridge-based scientific consultancy services firm - For 2020, swings to pretax profit of GBP6.4 million from loss of GBP1.6 million, on revenue that grew 29% year-on-year to record levels of GBP73.7 million from GBP57.2 million, driven by a full year contribution from Frontier Smart Technologies. Declares dividend of 4.0 pence per share. Remains optimistic on its continued progress in 2021, following a good start in spite of economic uncertainty.

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eEnergy Group PLC - energy efficiency services provider based in London - For the six months ended December 31, pretax loss narrows to GBP888,000 from GBP1.1 million the year before, as operating expenses more than doubled to GBP3.2 million from GBP1.5 million, including one-off reverse acquisition costs, while revenue more than tripled to GBP6.8 million from GBP2.0 million. Organic revenue more than doubled to GBP4.0 million. For the year ending June 30, expects to achieve a breakeven net income before exceptional items, with revenue and profit set to be in line with management expectations.

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Orchard Funding Group PLC - Luton-based finance company - For the six months ended January 31, pretax profit down 39% at GBP610,000 from GBP1.0 million, on revenue that declined 19% year-on-year to GBP2.3 million from GBP2.9 million. As at January 31, loan book drops to GBP27.9 million from GBP34.0 million the same date the year before, and lending volumes fell 21% to GBP30.0 million from GBP37.9 million.

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Greatland Gold PLC - precious and base metals exploration and development in Western Australia and Tasmania - For the six months ended December 31, pretax loss widens slightly to GBP2.7 million from GBP2.6 million the year before, on no revenue generated for the current period. During the period, the Haveieron project delivered an initial inferred mineral resources estimate of 52 million tonnes for 3.4 million ounces in gold, 160,000 tonnes of copper and 4.2 million gold equivalent.

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Headlam Group PLC - floor covering firm - For 2020, swings to statutory pretax loss of GBP17.1 million from profit of GBP35.2 million, due to most of its UK operations being closed as a result from late March to the end of June. In addition, there were goodwill impairment charges, mainly in relation to Domus, which suffered considerably from delays and cancellations to projects. In addition, revenue declined 15% year-on-year to GBP609.2 million from GBP719.2 million, following a much weaker first half and a second half recovery. Looking ahead, trading in first two months were soft as non-essential retail businesses remaining closed under lockdown. Plans to resume dividend payments in 2021.

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Brand Architekts Group PLC - Teddington, south west London-based personal care and beauty products - For the six months ended December 31, pretax profit rises to GBP435,000 from GBP302,000 for the 28 weeks ended January 11, 2020. Revenue for the period declined 15% year-on-year to GBP9.0 million from GBP10.6 million, as Covid-19 affected high street sales and consumer footfall. Declared no total dividend per share, down from 0.9 pence the prior year.

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Angus Energy PLC - UK-focused onshore oil and gas development company - For 2020, pretax loss narrows to GBP2.5 million from GBP5.0 million the year before, on smaller impairment charges and administrative costs, and in spite of a drop in revenue to GBP68,000 from GBP200,000. Looking ahead, Angus is planning for an extended well test at Balcombe and intends to resume production at Brockham and Lidsley.

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Gresham Technologies PLC - London-based software and services company - For 2020, pretax profit edges up at GBP308,000 from GBP303,000, while adjusted earnings before interest, tax, depreciation and amortisation rose 10% to GBP4.5 million from GBP4.1 million, due to a slight drop in administrative expenses. However, revenue dipped 1% year-on-year to GBP24.8 million from GBP25.0 million. Declares final dividend of 0.75 pence per share, in line with year before.

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Abingdon Health PLC - developer and manufacturer of rapid tests - For the six months ended December 31, pretax loss widens further to GBP1.6 million from GBP775,000 the year before, due to a sharp rise on the cost of sales and more than doubled administrative expenses. This was in spite of revenue rising significantly to GBP7.7 million from GBP1.6 million, driven mainly by its contract with the UK Department of Health & Social Care for the supply of AbC-19 Covid-19 rapid test. Looking ahead, the tier one order pipeline for the test continue to grow, giving confidence of Abingdon's performing in line with market expectations for the current financial year.

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By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
8 Mar 2023 11:10

Greatland Gold delivers "encouraging" Scallywag exploration results

(Alliance News) - Greatland Gold PLC on Wednesday said it delivered "encouraging" exploration results at its 100%-owned Scallywag project in the Paterson region of Western Australia.

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8 Mar 2023 11:04

Greatland announces 'encouraging' results from Scallywag drilling

(Sharecast News) - Greatland Gold announced the results of its 2022 exploration programme at the Scallywag project in the Paterson region of Western Australia on Wednesday.

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6 Mar 2023 15:09

Cash rises but losses widen for Greatland Gold

(Sharecast News) - Greatland Gold announced a significant increase in cash holdings in its half-year results on Monday, although its losses widened.

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6 Mar 2023 14:57

Greatland Gold interim loss widens as share-based expenses jump

(Alliance News) - Greatland Gold PLC on Monday reported a widened interim loss, as it saw a surge in share-based payment expenses.

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6 Feb 2023 14:41

TRADING UPDATES: First Class Metals finds nickel; EPE Special NAV down

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

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3 Feb 2023 15:17

TRADING UPDATES: GCP Infra hails NAV rise; Jadestone profits from oil

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

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25 Jan 2023 11:24

Greatland Gold celebrates Havieron progress on ground conditions

(Alliance News) - Greatland Gold PLC on Wednesday said that improved ground conditions at Havieron have led to record rates of advancement, as it reported higher grade extensions at the asset.

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25 Jan 2023 10:54

AIM WINNERS & LOSERS: Watkin Jones profit slumps; Keywords ups outlook

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

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23 Jan 2023 09:41

LONDON BROKER RATINGS: Jefferies cuts Berkeley; HSBC cuts St James's

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

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8 Dec 2022 12:44

Greatland Gold reports more progress at Havieron

(Sharecast News) - Greatland Gold updated the market on recent exploration and development at its Havieron gold-copper project in the Paterson region of Western Australia on Thursday.

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8 Dec 2022 10:40

Greatland Gold expects to deliver on estimate on milestone at Havieron

(Alliance News) - Greatland Gold PLC on Thursday celebrated a key milestone in its exploration of the Havieron deposit, after reaching its thousand-metre drilling goal in November.

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7 Dec 2022 13:25

New non-executive chair and deputy join Greatland board

(Sharecast News) - Greatland Gold announced on Wednesday that Mark Barnaba and Elizabeth Gaines had joined its board as non-executive directors.

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30 Nov 2022 10:45

IN BRIEF: Greatland Gold enters option deal to sell Tasmanian licences

Greatland Gold PLC - London-headquartered mine developer & explorer - Signs an option agreement with Flynn Gold Ltd to sell its Tasmanian exploration licences for an option fee of AUD100,000, around GBP55,000. The gold projects are Firetower and Warrentinna, located in Australia. Says the option may be exercised during the option period which ends no later than June 30 next year.

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30 Nov 2022 08:57

Greatland Gold agrees possible sale of Tasmania tenements

(Sharecast News) - Precious and base metals developer and explorer Greatland Gold has entered into an agreement with the ASX-listed Flynn Gold, it announced on Wednesday, providing Flynn with an option to purchase its Tasmanian tenements at Firetower and Warrentinna for a fee of AUD 0.1m (£0.06m).

Read more
29 Nov 2022 15:56

UK shareholder meetings calendar - next 7 days

Wednesday 30 November 
abrdn Asia Focus PLCAGM
Atlantic Lithium LtdAGM
Chamberlin PLCAGM
Coral Products PLCGM re proposed cancellation of share premium account
Dunelm Group PLCAGM
Europa Metals LtdAGM
Ferguson PLCAGM
Gabelli Merger Plus+ Trust PLCAGM
Grit Real Estate Income Group LtdAGM
Leeds Group PLCAGM
Life Science REIT PLCGM re issue of the new ordinary shares 
MC Mining LtdAGM
Pires Investments PLCAGM
Renishaw PLCAGM
Thursday 1 December 
Aptamer Group PLCAGM
Bowleven PLCAGM
CQS New City High Yield Fund LtdAGM
essensys PLCAGM
James Halstead PLCAGM
Kin & Carta PLCAGM
Transense Technologies PLCAGM
Vast Resources PLCAGM
Virgin Wines UK PLCAGM
Friday 2 December 
De La Rue PLCGM re company chairman resignation
Global Petroleum LtdAGM
Highbridge Tactical Credit Fund LtdAGM
Orosur Mining IncAGM
Revolution Bars Group PLCAGM
Ruffer Investment Co LtdAGM
Schroder BSC Social Impact Trust PLCAGM
SLF Realisation Fund LtdAGM
Monday 5 December 
Amur Minerals CorpAGM
JPMorgan UK Smaller Cos Investment Trust PLCAGM
Lift Global Ventures PLCAGM
Schroder Japan Growth Fund PLCAGM
Scottish Oriental Smaller Companies Trust PLCAGM
VinaCapital Vietnam Opportunity Fund LtdAGM
Tuesday 6 December 
accesso Technology Group PLCAGM
Gattaca PLCAGM
Greatland Gold PLCAGM
International Biotechnology Trust PLCAGM
MyHealthChecked PLCGM re proposed capital reduction
Target Healthcare REIT PLCAGM
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

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