The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksItaconix Plc Share News (ITX)

Share Price Information for Itaconix Plc (ITX)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 165.00
Bid: 160.00
Ask: 170.00
Change: -5.00 (-2.94%)
Spread: 10.00 (6.25%)
Open: 170.00
High: 170.00
Low: 165.00
Prev. Close: 170.00
ITX 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: Itaconix rises on record revenue performance

Fri, 01st Jul 2022 11:25

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

----------

AIM - WINNERS

----------

Itaconix PLC, up 28% at 5.70 pence, 12-month range 2.85p-12.80p. The US-based speciality polymer developer sees record performance in interim revenue, securing confidence in meeting market expectations for 2022. For the first half of 2022, Itaconix says it will achieve a record level in revenue, compared to the USD1.4 million achieved in the first half of 2021. Due to demand remaining strong, and a rise in new orders from existing and new customers in the cleaning sector, the group is in a strong position to meet market expectations for revenue in 2022. Itaconix adds its production capacity is sufficient to meet customer needs, while its supply chain for raw materials have improved in recent months.

----------

ADM Energy PLC, up 13% at 0.79p, 12-month range 0.56p-3.24p. The natural resource investor, which holds a 51% stake in KOHN (UK) Ltd, says Federal High Court of Nigeria has further adjourned legal proceedings over its Barracuda oil field until November 16. Back in November, KOHN was notified by Noble Hill-Network Ltd of a dispute regarding KONH's ownership of its 70% stake in NHNL. ADM and KONH instigated proceedings against NHNL at the Federal High Court of Nigeria, Lagos. Since then, the court has adjourned legal proceedings three times. On Friday, ADM says that the court has further adjourned legal proceedings over its Barracuda oil field until November 16.

----------

Live Co Group PLC, up 4.1% at 5.31p, 12-month range 2.86p-13.00p. The live events company says its its two-day Kpop.Flex festival in Frankfurt was a profitable success. Live Co sold 65,000 tickets at an average ticket price of EUR86. This was higher than the EUR70 per ticket previously guided by the company, meaning the event is expected to be profitable overall.

----------

AIM - LOSERS

----------

CVS Group PLC, down 3.9% at 1,591.00p, 12-month range 1,512.00p-2,835.00p. The veterinary services provider says it bought a veterinary centre and expects to take an impairment over its aborted Quality Pet Care deal. CVS bought OCVC Ltd, which trades as Old Courts Veterinary Centre, for GBP3 million. It is a veterinary practice in North Lincolnshire. In addition, CVS says it will recognise an impairment of around GBP12 million after the UK Competition & Markets Authority earlier this week said it will not progress a probe into CVS's purchase of Quality Pet Care Ltd after it agreed to offload the business in question.

----------

By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
28 Oct 2020 16:04

Itaconix Interim Loss Narrows As Revenue Rises On Strong Demand

Itaconix Interim Loss Narrows As Revenue Rises On Strong Demand

Read more
21 Oct 2020 17:24

CORRECT: UK Earnings, Trading Statements Calendar - Next 7 Days

CORRECT: UK Earnings, Trading Statements Calendar - Next 7 Days

Read more
21 Oct 2020 16:07

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

Read more
30 Sep 2020 18:37

UK EARNINGS SUMMARY: Itaconix 2019 Loss Narrows On Strong Revenue Rise

UK EARNINGS SUMMARY: Itaconix 2019 Loss Narrows On Strong Revenue Rise

Read more
23 Sep 2020 16:12

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

Read more
22 Jul 2020 17:57

UK TRADING UPDATE SUMMARY: Virus Hits Mears But Tristel Gets Boost

UK TRADING UPDATE SUMMARY: Virus Hits Mears But Tristel Gets Boost

Read more
14 Jul 2020 21:52

IN BRIEF: Itaconix Raises GBP1.8 Million To Deliver Bio-Based Products

IN BRIEF: Itaconix Raises GBP1.8 Million To Deliver Bio-Based Products

Read more
7 Jul 2020 16:07

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

Read more
24 Jun 2020 16:18

IN BRIEF: Itaconix Raises GBP1.8 Million Via Placing And Subscription

IN BRIEF: Itaconix Raises GBP1.8 Million Via Placing And Subscription

Read more
24 Jun 2020 06:54

IN BRIEF: Itaconix To Raise Cash To Fund Product Development

IN BRIEF: Itaconix To Raise Cash To Fund Product Development

Read more
19 May 2020 15:04

Itaconix Gets USD200,000 From US Small Business Loan Scheme

Itaconix Gets USD200,000 From US Small Business Loan Scheme

Read more
19 May 2020 10:58

Itaconix nets $0.2m under US Paycheck Protection Program

(Sharecast News) - Itaconix has received $0.2m (£0.16m) in new funding from a loan under the US Small Business Administration's Paycheck Protection Program, it announced on Tuesday.

Read more
5 May 2020 11:43

Itaconix Revenue Rises As Covid-19 Lifts Demand; Makes Cost Cuts

Itaconix Revenue Rises As Covid-19 Lifts Demand; Makes Cost Cuts

Read more
25 Feb 2020 09:47

Itaconix gets another order for 'CHT 122' detergent ingredient

(Sharecast News) - Itaconix has received its first order from a second European customer for its 'CHT 122' bio-based detergent ingredient, it announced on Tuesday.

Read more
17 Jan 2020 10:42

Itaconix and Nouryon terminate agreement over detergent polymers

(Sharecast News) - Specialty polymer company Itaconix announced on Friday that itself and Nouryon have mutually agreed to terminate their agreement for Nouryon to exclusively distribute Itaconix polymers with chelating properties worldwide for detergent applications.

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.