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Pin to quick picksHansard Share News (HSD)

Share Price Information for Hansard (HSD)

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Share Price: 49.00
Bid: 49.00
Ask: 52.50
Change: -1.75 (-3.45%)
Spread: 3.50 (7.143%)
Open: 49.00
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EARNINGS SUMMARY: Franchise Brands blooms; Tlou Energy loss widens

Thu, 09th Mar 2023 14:32

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

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Franchise Brands PLC - Manchester-based owner of ChipsAway, Willow Pumps and Metro Rod brands - Pretax profit in 2022 jumps 78% to GBP10.3 million from GBP5.8 million in 2021, boosted by business to business division. Revenue grows 72% to GBP99.2 million from GBP57.7 million. Proposes final dividend of 1.1 pence per share, up from 0.9p a year ago. Total dividend is 2.0p per share, up 33% from 1.5p. Net cash as at December 31 grows to GBP8.0 million from GBP6.5 million. Executive Chair Stephen Hemsley says: "The excellent momentum in the B2B businesses has continued in 2023 to date, as we capture the defensive growth opportunities afforded by the group's mostly essential services, strong leadership positions in its chosen markets, and reputation for high quality, reliable services among its diversified client base. We look forward with confidence to expanding the business organically and by seeking further earnings-enhancing acquisitions."

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Hansard Global PLC - Isle of Man-based long-term savings provider - In six months to December 31, pretax profit grows to GBP3.1 million from GBP1.9 million a year prior. Maintains interim dividend of 1.8p per share. Net asset value per share as at December 31 falls to 15.6p from 16.7p a year ago. Anticipates sales of long-term savings products to continue to be impacted by global economic headwinds, but adds: "however, we are confident that our new product pipeline will lead to increased sales and long term growth in the business."

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N4 Pharma PLC - Derby, England-based pharmaceutical company focused on developing Nuvec, a delivery system for vaccines and cancer treatments - In 2022, pretax loss narrows to GBP1.2 million from GBP1.8 million in 2021. Research & development costs reduce to GBP577,525 from GBP1.2 million. Company does not make revenue in 2022 or 2021. Notes delays of research grade materials due to global shortages. Says work is underway, with full results expected by the end of the second quarter of 2023.

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Seraphim Space Investment Trust PLC - London-based space technology investment company - Net asset value per share as at December 31 declines 7.2% to 92.74 pence per share from 99.97p at June 30. Company does not expect to recommend payouts in the near future due to its focus on achieving capital growth. In its outlook, notes innovation of Western economies regarding the impact of Russia's war in Ukraine. Chair Will Whitehorn says: "The investment manager is actively engaged with numerous investment prospects, carefully selecting those with a strong growth premise and offer the highest returns for shareholders. It is taking a cautious approach to the allocation of cash between supporting existing portfolio companies, making new investments, and managing the company's working capital until the market improves and more capital can be raised."

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Tlou Energy Ltd - Brisbane, Australia-based power project developer with large gas field in Botswana - In the six months to December 31, pretax loss widens to AUD2.2 million from AUD1.3 million a year ago. Employee benefits expense increases to AUD564,644 from AUD320,901. Posts an interest expense of AUD296,013 compared to none a year ago. Expenses classified as other widen to AUD1.0m million from AUD585,650. Expects work on purpose-built operations facility for 10 megawatt development at Lesedi, Botswana to be completed during 2023, with potential annual generation of about USD10 million in revenue from the project.

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Town Centre Securities PLC - Leeds, England based property investment and car parking operator - Net asset value as at December 31 is virtually flat at 314 pence per share, compared to 313p a year ago. It is down 7.9% from 341p at June 30, 2022. Maintains interim dividend at 2.5p per share. EPRA net tangible assets per share as at June 30 falls to 306p from 333p a year ago. Looking ahead, says that trading performance seen in the first half of financial year 2023 is performing into the opening months of calendar year 2023, with rent collections robust at 99% of amounts invoiced at the last quarter now collected. "The momentum in our car parks recovery has continued through 2022 however for those car parks that are particularly reliant on office workers, this recovery remains slow," it adds.

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By Tom Budszus, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
30 May 2014 13:44

DIRECTOR DEALINGS: Hansard Global Non-Executive Chairman Buys Shares

LONDON (Alliance News) - Hansard Global PLC said Friday that non-executive Chairman Leonard Polonsky bought 2 million shares at 90 pence Thursday, a total value of GBP1.8 million. Following this transaction Polonsky's total interest in the life assurance and financial advisors is 41.34%.Read more

6 May 2014 10:36

STOCKS NEWS EUROPE-UK small caps inch higher, Hansard slips

The FTSE small cap index gains 0.06 percent, slightly outperforming junior-listed AIM shares and the FTSE 100, down 0.26 percent and 0.16 percent respectively. The mid-caps are flat. Hansard Global falls more than 13 percent after the specialist long-term savings provider issues its interim

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6 May 2014 09:59

Hansard Global New Business Drops; Notes "Weaknesses" In Procedures

LONDON (Alliance News) - Hansard Global PLC Tuesday said third-quarter new business premiums decreased, as anticipated by 71%, owing to the previously announced suspension of activities with a large distributor in Japan, and it said it is exposed to "weaknesses" in its procedures identified in th

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6 May 2014 09:30

Hansard Global warns of one-off charge from procedural 'weakness'

Savings and investments group Hansard Global warned profits would be hit by an issue in its charging procedures and that new business wins had fallen badly as flagged. Hansard brought forward its quarterly statement after it identified weaknesses in its procedures in relation to Chargeable Events c

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6 May 2014 08:44

Tuesday broker round-up UPDATE

Antofagasta: RBC Capital upgrades to buy with a target price of 900p. Barclays: Numis downgrades from add to hold with a target price of 280p. BG Group: Goldman Sachs ups target price from 1500p to 1530p and retains a strong buy recommendation. Britvic: Numis raises target price to 684p and keeps

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14 Mar 2014 17:13

DIRECTOR DEALINGS: Hansard Global Chairman Gifts 2,000 Shares

LONDON (Alliance News) - Hansard Global PLC Friday said Non-Executive Chairman Leonard Polonsky gave away 2,000 shares, and now has a total shareholding of 54.8 million shares Hansard Global shares closed untraded at 98.00 pence Friday. By Arvind Bhunjun; arvindbhunjun@alliancenews.co

Read more
6 Mar 2014 13:52

Crystal Amber Fund Expects Progress In 2014 After Half-Year Growth

LONDON (Alliance News) - Crystal Amber Fund Ltd Thursday said it expects progress in 2014, after reporting growth in its net asset value over the first six months of its financial year. Reporting on the six months to December 31, 2013, Crystal Capital said net asset value grew to 156.1 penc

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27 Feb 2014 13:57

Hansard Global Pretax Profits Rise; New Chairman Appointed Ahead Of Strategy Update

LONDON (Alliance News) - Hansard Global PLC Thursday said its half-yearly pretax profits rose by 8.1% as it took in higher fees and commissions and the costs of administration declined, while Chairman Leonard Polonsky is set to stand down and become president of the board instead. Senior in

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27 Jan 2014 10:10

UK BROKER RATING CHANGES: Goldman, Barclays Call Big Yellow Conviction Buy

LONDON (Alliance News) - The following UK shares received analyst recommendations Monday morning:
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FTSE 100
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BARCLAYS RAISES LONDON STOCK EXCHANGE PRICE TARGET TO 2200 (1800) PENCE - 'OVERWEIGHT'
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NUMIS RAISES LONDON

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27 Jan 2014 09:41

STOCKS NEWS EUROPE-UK small caps down 0.8 pct in morning trade

The FTSE small-cap index drops 0.8 percent in morning trade and junior-listed AIM shares fall 0.9 percent, broadly in line with the falls on the mid caps and the blue chips. Hansard Global falls 10.5 percent, leading the small-cap decliners, after the specialist long-term savings provider s

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27 Jan 2014 09:33

Hansard Global Says New Business Falls By 24% In First Half

LONDON (Alliance News) - Long-term savings provider Hansard Global PLC Monday said its first-half business sales declined by almost a quarter after a large distributor stopped new business production. Hansard Global was the second biggest loser on the FTSE All Share Monday morning, as its s

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27 Jan 2014 09:30

Monday broker round-up UPDATE

Aberdeen Asset Management: Espirito Santo cuts target price from 573p to 514p and keeps a buy recommendation. Morgan Stanley reduces target price from 492p to 393p and stays with its equal-weight rating. Amino Technologies: N+1 Singer shifts target price from 89p to 93p and reiterates a hold recomm

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8 Nov 2013 11:41

Hansard Global says second quarter likely to be below last year

Shares in specialist long-term savings provider Hansard Global fell after it warned that second quarter results were likely to be below last year's level. The group, which provides life insurance wrapped products to independent financial advisers and their clients, blamed the disappointing news on

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8 Nov 2013 11:04

Hansard Global Says Second Quarter Likely To Be Below Last Year

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26 Sep 2013 14:06

Hansard Profits Down After Litigation Settlement Slows Progress

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