We would love to hear your thoughts about our site and services, please take our survey here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksItm Power Share News (ITM)

Share Price Information for Itm Power (ITM)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 49.72
Bid: 49.68
Ask: 50.00
Change: 0.28 (0.57%)
Spread: 0.32 (0.644%)
Open: 49.50
High: 52.40
Low: 49.50
Prev. Close: 49.44
ITM Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

AIM WINNERS & LOSERS: Alpha FX and Restore grow profit in 2021

Wed, 16th Mar 2022 10:58

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

----------

AIM - WINNERS

----------

Alpha FX Group PLC, up 12% at 1,747.00 pence, 12-month range 1,265p-2,340p. Revenue for 2021 rises 68% to GBP77.5 million and pretax profit nearly doubles to GBP33.2 million from GBP17.1 million in 2020. Will pay total dividend for 2021 of 11.0p, up 38% from 8.0p the year before. "Looking forward, we see major opportunities across all our businesses. We continue to take share in UK FX Risk Management and are well on the way to replicating that UK success in overseas markets," the foreign exchange risk management and international payments firm says.

----------

Restore PLC, up 8.2% at 460p, 12-month range 340p-530p. Revenue in 2021 rises 28% to GBP234.3 million and pretax profit soars to GBP23.0 million from GBP4.0 million. The document management and IT recycling business firm says good performance across all business units contributed to growth, with strong underlying organic growth and eight successful acquisitions driving increased scale and capability. Adds that strong activity and momentum have continued into new financial year.

----------

Fevertree Drinks PLC, up 1.5% at 1,651p, 12-month range 1,456.09p-2,871p. Stock rebounds after opening down almost 3%. The premium tonic water maker will pay a special dividend after a strong 2021, though cautions on inflationary pressures. Revenue for 2021 up 23% to GBP311.1 million from GBP252.1 million in 2020, with pretax profit increasing 7.8% to GBP55.6 million from GBP51.6 million. Fevertree's total dividend for 2021 is 15.99 pence, up 2% on the 15.68p paid out for 2020. On top of this, it is recommending a special payout of 42.90p.

----------

AIM - LOSERS

----------

Uru Metals Ltd, down 15% at 296p, 12-month range 120p-589p. Gives back some recent gains after 60% jump on Monday and 9.4% rise on Tuesday. The Toronto-based investor and mine project developer on Tuesday said Zeb Nickel has completed the most recent phase of exploration drilling at the Zebediela nickel project in South Africa. Uru Metals holds a 75% interest in Zeb Nickel and is the technical operator of the Zebediela project.

----------

ITM Power PLC, down 3.2% at 346.6p, 12-month range 208.24p-543p. The energy storage and clean fuel company gives update on the 24 MW Leuna contract, saying it has experienced constraint in the local supply chain involving tooling for the scale up of stack manufacture and as a consequence, now expects the majority, but not all 12, of the modules to complete factory acceptance testing in April. "A longer-term solution for this supply chain constraint has already been defined and implemented, the benefit of which will be felt in the new financial year," it says.

----------

By Lucy Heming; lucyheming@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
12 Jan 2024 09:14

LONDON BROKER RATINGS: Goldman likes Glencore; BofA likes easyJet

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

Read more
11 Dec 2023 13:17

ITM Power inks capacity deal with Shell Deutschland

(Sharecast News) - ITM Power has finalised a capacity reservation agreement with Shell Deutschland, it announced on Monday.

Read more
6 Dec 2023 09:19

LONDON BROKER RATINGS: RBC likes 3i; JPMorgan raises Ocado

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

Read more
5 Dec 2023 10:02

LONDON BROKER RATINGS: Goldman lifts Landsec and British Land

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

Read more
4 Dec 2023 10:18

ITM Power shares rise as backs annual guidance, hails progress

(Alliance News) - ITM Power PLC on Monday backed annual guidance, citing progress of its 12-month plan aimed at providing the company with a sound foundation to build on.

Read more
4 Dec 2023 08:39

ITM Power reaffirms guidance after strong first half

(Sharecast News) - ITM Power said in an update on Monday that from 1 April to the end of October, it achieved revenue of £7.5m, making for a promising trajectory towards its full-year guidance range of £10m to £18m.

Read more
4 Dec 2023 07:38

LONDON BRIEFING: Wizz Air and Ryanair report November traffic growth

(Alliance News) - London's FTSE 100 is called to open lower on Monday, while Asian equities made an underwhelming start to the week, as investors eagerly anticipate Friday's US nonfarm payrolls data.

Read more
8 Nov 2023 13:00

Berenberg lowers target price on ITM Power

(Sharecast News) - Analysts at Berenberg lowered their target price on energy storage and clean fuel company ITM Power from 90.0p to 80.0p on Wednesday, stating it now anticipates seeing slower than previously expected production ramp-up.

Read more
8 Nov 2023 10:50

CORRECT: ITM launches efficiency improving Hybrid Stack

(Clarification on Hybrid Stack)

Read more
8 Nov 2023 10:20

ITM Power unveils new 'Hybrid Stack' technology

(Sharecast News) - ITM Power took the wraps off its latest innovation on Wednesday, the 'Hybrid Stack', designed to provide existing customers who operate earlier MegaWatt Electrolyser Platform (MEP) generation products with an efficiency boost of around 10%.

Read more
8 Nov 2023 10:03

IN BRIEF: ITM launches efficiency improving hybrid stack

ITM Power PLC - Sheffield, England-based maker of electrolysers to produce green hydrogen - Launches hybrid stack to provide customers opportunity to benefit from an approximate 10% efficiency improvement. A hybrid stack is a mix on on-location and cloud-based solutions used to support a firm's operations. It also reduces electrolyser operating costs. Says: "The Hybrid Stack makes available advancements incorporated into our latest Trident stack platform, to earlier MEP generation electrolysers. In this way, operators of ITM electrolyser systems maintain access to our technology improvements as they become available."

Read more
8 Nov 2023 09:30

LONDON BROKER RATINGS: UBS downbeat on AJ Bell and Hargreaves Lansdown

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

Read more
23 Oct 2023 09:24

LONDON BROKER RATINGS: Jefferies raises Tullow Oil to 'hold'

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

Read more
20 Oct 2023 08:32

IN BRIEF: ITM Power completes sale of Motive Fuels

ITM Power PLC - Sheffield, England-based maker of electrolysers to produce green hydrogen - Completes sale of Motive Fuels Ltd, a 50-50 joint venture set up in 2022 with Vitol Holdings SARL to build hydrogen refuelling stations in the UK, to Hycap Group. Hycap Group is focused on the transition to clean hydrogen energy. The sale will generate marginal cash contribution for ITM Power.

Read more
16 Oct 2023 09:21

ITM Power starts bidding on projects in growing US market

(Alliance News) - ITM Power PLC on Monday said it has commenced bidding into projects in the US market.

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.