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Pin to quick picksGresham Share News (GHT)

Share Price Information for Gresham (GHT)

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Share Price: 163.00
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Open: 163.00
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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.

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9 Apr 2024 16:16

UK earnings, trading statements calendar - next 7 days

Wednesday 10 April 
Churchill China PLCFull Year Results
Epwin Group PLCFull Year Results
Futura Medical PLCFull Year Results
IQE PLCFull Year Results
M&C Saatchi PLCFull Year Results
Marshalls PLCFull Year Results
Tesco PLCFull Year Results
Thursday 11 April 
Downing Renewables & Infrastructure Trust PLCFull Year Results
Norcros PLCTrading Statement
Friday 12 April 
SigmaRoc PLCTrading Statement
Monday 15 April 
Ashmore Group PLCTrading Statement
Ceres Power Holdings PLCFull Year Results
Engage XR Holdings PLCFull Year Results
Itaconix PLCFull Year Results
Mitie Group PLCTrading Statement
Tuesday 16 April 
Accesso Technology Group PLCFull Year Results
Ashtead Technology Holdings PLCFull Year Results
Billington Holdings PLCFull Year Results
Chapel Down Group PLCFull Year Results
Equals Group PLCFull Year Results
Gattaca PLCHalf Year Results
Gresham Technologies PLCFull Year Results
IntegraFin Holdings PLCTrading Statement
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A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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9 Apr 2024 09:45

Gresham Technologies shares surge on GBP150 million takeover offer

(Alliance News) - Gresham Technologies PLC on Monday said it has agreed to a nearly GBP150 million takeover offer from funds advised by private equity firm STG Partners LLC.

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9 Apr 2024 09:02

Gresham Technologies to be bought by STG Partners in £147m deal

(Sharecast News) - Gresham Technologies said on Tuesday that it has agreed to be bought by Alliance Bidco - a company owned indirectly by funds managed or advised by US private equity firm STG Partners - in a £146.7m deal.

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13 Feb 2024 10:06

IN BRIEF: Gresham inks deal with "leading" cash management provider

Gresham Technologies PLC - London-based software and services provider of data integrity solutions - Secures USD1.5 million contract with an unnamed customer for the company's Clareti Control system. The Clareti system is designed to address financial control, data governance and regulatory compliance problems involved in financial transactions. Gresham says that the customer is a "leading provider of cash management and retail digital solutions" with operations in over 50 countries, which will utilise the Clareti system to support its US operations. The initial contract has a minimum five-year term, and Gresham says that a further phase focused on processing payments to multiple bank partners will bring in additional subscription fees.

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13 Feb 2024 07:45

LONDON BRIEFING: "Record" Tui quarter; Ultimate Products eyes payouts

(Alliance News) - London's FTSE 100 is to open ever-so-slightly lower on Tuesday, with trade set to be nervy ahead of the afternoon's US inflation data.

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17 Jan 2024 14:34

IN BRIEF: Gresham Technologies hires new technology chief

Gresham Technologies PLC - London-based software and services provider focused on data integrity and control, banking integration, payments and cash management - Announces appointment of Andrew Elmore as chief technology officer. Current CTO Neil Vernon will transition to newly created role of chief product & innovation officer. Elmore was previously CTO at Glasgow-based financial control, reconciliation and data management software provider AutoRek. Prior to this he held senior technology roles at SmartStream Technologies and Banco Santander SA.

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11 Jan 2024 14:26

IN BRIEF: Gresham Technologies optimistic after "strong close"

Gresham Technologies PLC - London-based software and services provider focused on data integrity and control, banking integration, payments and cash management - Expects to report group revenue of GBP49.0 million, up 0.8% from GBP48.6 million in 2022. Also expects Clareti revenue to rise 6.5% to GBP37.8 million from GBP35.5 million, with recurring revenue up 8% at GBP29.6 million. Finishes 2023 with no debt and GBP4.8 million cash, down from GBP6.3 million one year prior. Drop is mainly due to GBP3.8 million final payment in relation to acquisition of Electra Information Systems Inc in 2021. Company "was able to navigate the challenging global macroeconomic conditions affecting the financial services sector" and "report a strong close" to 2023. Starts year with GBP38 million in revenue already under contract.

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17 Nov 2023 11:24

Gresham Tech plunges as it ditches legacy IT contracting business

(Alliance News) - Gresham Technologies PLC on Friday said it would discontinue its legacy IT contracting business.

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17 Oct 2023 12:10

IN BRIEF: Gresham Technologies hires Tribal's Richard Last as chair

Gresham Technologies PLC - London-based software and services provider focused on data integrity and control, banking integration, payments and cash management - Hires Richard Last as independent non-executive chair, effective immediately. Senior Independent Non-Executive Director Andy Balchin has been serving as interim chair since July, having taken over from Peter Simmonds. Last is currently chair of Tribal Group PLC, and a non-executive director at Corero Network Security PLC. He has served as chair at various other firms including Gamma Communications PLC, Hyve Group PLC and Servelec Group PLC. Chief Executive Officer Ian Manocha says Last "brings a wealth of board experience in technology, software, and services."

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17 Aug 2023 10:10

Gresham Technologies secures contract win with unnamed asset manager

(Alliance News) - Gresham Technologies PLC on Thursday said it agreed a "strategic" contract with an unnamed, "Tier 1 global" asset manager.

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26 Jul 2023 19:35

TRADING UPDATES: Revolution Bars reports good progress from Peach Pubs

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

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19 Jul 2023 14:35

UK earnings, trading statements calendar - next 7 days

Thursday 20 July 
3i Group PLCTrading Statement
AJ Bell PLCTrading Statement
Anglo American PLCTrading Statement
Babcock International Group PLCFull Year Results
BHP Group LtdTrading Statement
Diploma PLCTrading Statement
Dunelm Group PLCFull Year Results
easyJet PLCTrading Statement
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IG Group Holdings PLCFull Year Results
Intermediate Capital Group PLCTrading Statement
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PensionBee Group PLCTrading Statement
Pharos Energy PLCTrading Statement
Premier Foods PLCTrading Statement
Premier Miton Group PLCTrading Statement
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Vistry Group PLCTrading Statement
Volution Group PLCTrading Statement
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Close Brothers PLCTrading Statement
Glencore PLCTrading Statement
Petershill Partners PLCTrading Statement
Thruvision Group PLCFull Year Results
Monday 24 July 
discoverIE Group PLCTrading Statement
Cranswick PLCTrading Statement
Glantus Holdings PLCTrading Statement
MoneySupermarket.com PLCHalf Year Results
Ryanair Holdings PLCQ1 Results
Science Group PLCHalf Year Results
Shanta Gold LtdTrading Statement
South32 LtdTrading Statement
Vodafone Group PLCTrading Statement
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City of London Investment Group PLCTrading Statement
Compass Group PLCTrading Statement
Croda International PLCHalf Year Results
Games Workshop Group PLCFull Year Results
Greencore Group PLCTrading Statement
Hummingbird Resources PLCTrading Statement
MITIE Group PLCTrading Statement
Paragon Banking Group PLCTrading Statement
Reach PLCHalf Year Results
Smart Metering Systems PLCTrading Statement
Tristel PLCTrading Statement
Tyman PLCHalf Year Results
Unilever PLCHalf Year Results
Unite Group PLCHalf Year Results
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Aptitude Software Group PLCHalf Year Results
Breedon Group PLCHalf Year Results
Conduit Holdings LtdHalf Year Results
Ecora Resources PLCTrading Statement
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Copyright 2023 Alliance News Ltd. All Rights Reserved.

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3 Jul 2023 13:03

Gresham Technologies inks USD1.6 million Clareti contract deal in US

(Alliance News) - Gresham Technologies PLC on Monday said that it has signed a new name Clareti contract win in the US investment management industry, worth USD1.6 million.

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23 May 2023 11:10

Gresham Technologies starts year on strong note, securing new clients

(Alliance News) - Gresham Technologies PLC on Tuesday said that it has made a "positive start" to the year, signing several new clients.

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19 May 2023 15:50

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