focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksLive Company Share News (LVCG)

Share Price Information for Live Company (LVCG)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.55
Bid: 0.50
Ask: 0.60
Change: 0.00 (0.00%)
Spread: 0.10 (20.00%)
Open: 0.55
High: 0.55
Low: 0.55
Prev. Close: 0.55
LVCG Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

TRADING UPDATES: Virgin Wines loses fizz; M&C revenue improves

Thu, 28th Jul 2022 20:54

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

----------

Virgin Wines UK PLC - direct-to-consumer online wine retailer - Revenue in year ended June 30 declines 6.3% to GBP69 million from GBP73.6 million. However, revenue is up 63% from pre-Covid times, "highlighting that the business has retained much of the substantial growth achieved during the Covid-19 lockdowns, despite the lifting of restrictions and opening up of hospitality". Says earnings before interest, tax, depreciation and amortisation fall to GBP6.3 million from GBP7 million. Virgin Money adds that 105,000 new customers were acquired across all schemes in the year, 5% ahead of expectations. "The group's focus has been on customer acquisition, as well as mitigating the pressures of rising costs and supply chain challenges. It has managed these successfully as a result of its resilient business model, its flexible open-source wine-buying, increased levels of UK bottling and its ability to manage margins through the bespoke pre-mixing of cases," Virgin Wines says.

----------

M&C Saatchi PLC - London-based advertising agency - Says net revenue in first half of 2022 rises 10% year-on-year, due to a "strong performance in our high growth specialisms and in the UK, Americas and Asia, and is further evidence of the successful growth strategy launched at the start of 2021". Headline pretax profit for whole of 2022 predicted to hit GBP31 million, up from GBP27.3 million.

----------

Hotel Chocolat Group PLC - Royston, Hertfordshire-based chocolatier - Says Hotel Chocolat KK joint-venture in Japan gains court approval for civil rehabilitation restructuring proceedings. Company had loaned the JV GBP23 million over the period 2018 to 2022 for working capital purposes. In addition, it entered into guarantee arrangements of up to GBP5.8 million for loans made to JV by Japanese leasing companies. Hotel Chocolat has 20% stake in the JV.

----------

Empresaria Group PLC - Crawley, England-based specialist staffing company - Says net fee income rises 15% yearly in first half of 2022 to GBP32.6 million. "We delivered very strong year-on-year growth in offshore services which has continued to go from strength to strength and now employs over 2,700 people. We also had good growth in our professional and IT operations in APAC. As expected, net fee income from healthcare reduced after a very strong 2021 where we benefitted from significant demand from Covid-19 vaccination programmes," company says. Expects 2022 results in line with market expectations.

----------

Fintel PLC - Huddersfield, England-based technology and support for retail financial services sector - Says total revenue climbs 1.6% to GBP32.2 million in first half of 2022, from GBP31.7 million a year earlier. Adjusted Ebitda improves 4.8% to GBP8.7 million from GBP8.3 million. "In the first six months of 2022 the business has continued to trade well with strong core revenue growth in line with the board's expectations and outpacing the revenue impact of strategic disposals," Fintel says.

----------

Headlam Group PLC - Birmingham-based floor coverings distributor - Hails "pleasing" first half of 2022, shaking off "economic environment and inflationary impact on consumer spending". Headlam says: "Underlying profitability improved year-on-year. Revenue was only marginally below the prior year period, and commissioned specialist research indicates the company improved its market share in the period." Revenue declines 1.8% annually to GBP323.8 million from GBP329.9 million. Revenue rises 5.1% in continental Europe but declines 2.9% in UK. Says on track to meet market expectations.

----------

Epwin Group PLC - Solihull, England-based building products manufacturer - Says revenue in first-half of 2022 13% ahead of "strong 2021 comparative period at GBP178.0 million". Says revenue hike driven by pricing, as Epwin bods to recover input costs. "Raw material costs continued to increase in the first half, with PVC resin hitting an all-time high in April, although this has subsequently plateaued. Despite disruption to the supply chains in the wider market, the group has been able to secure sufficient raw materials to meet demand and expects to be able to continue to do so. The group continues to work with its customers to pass-on heightened costs in an equitable manner through price increases and surcharges," Epwin says. "Whilst trading conditions have moderated slightly in June and July, and although also mindful of the wider macro-economic conditions, the board remains confident of achieving expectations in 2022."

----------

Dekel Agri-Vision PLC - West Africa-based agriculture company - Says colour sorter for large-scale cashew processing plant at Tiebissou, Ivory Coast has been installed. Commissioning has begun, leading to "significant increase in daily production in the coming weeks". Shelling machines have arrived at Abidjan port, roughly 280 kilometres from town of Tiebissou. "Once installed and commissioned we have the capacity to reach our goal of processing 10,000 tonnes of raw cashew nuts in 2023," Dekel adds. "The cashew operation is running smoothly and is well-positioned to deliver positive operating cash flow from Q4 2022 onwards."

----------

Sylvania Platinum Ltd - South Africa-focused platinum miner - Says Sylvania Dump Operations output increases to 18,837 4E platinum group metals ounces in fourth quarter, up 19% from 15,840 ounces in third quarter. Operations achieve USD34.9 million net revenue for quarter, down from USD47.9 million in third quarter as PGM basket price declines 22%. Group earnings before interest, tax, depreciation and amortisation decrease to USD16.8 million from USD30.0 million.

----------

Atome Energy PLC - Leeds, England-based producer and marketer of green hydrogen and ammonia - Has entered into its first front-end engineering design contract in relation to its first phase 60 megawatt Villeta project facility. The contract has been signed with Concret-Mix, a local Paraguayan company with extensive experience in this type of engineering work, it says. "The entry into the FEED contract is the next step in what will in due course culminate in an aggregate of 400MW of green hydrogen and ammonia production in Paraguay, the first phase of which at Villeta is expected to commence production by first quarter 2025," says Chief Executive Olivier Mussat.

----------

Kazera Global PLC - diamonds and rare earths explorer in South Africa and Namibia - Says Department of Mining and Mineral Resources in South Africa dismisses a third-party appeal against the grant of mining permit for Kazera's 60%-owned Whale Head Minerals. "WHM now expects to shortly receive final documentation allowing it to commence production operations of heavy mineral sands at the Walviskop mine in South Africa," Kazera added.

----------

Thor Mining PLC - Australia-focused exploration and development company - Says drilling in Northern Territory assets finds 46 metre intersection of magnetite skarn and weakly disseminated tungsten-molybdenum-copper mineralisation. "Exploring for this style of mineralisation is difficult without the presence of significant amounts of magnetite that can be easily defined in magnetic surveys. Other magnetic targets along strike show the potential for further mineralisation at Molyhil," Managing Director Nicole Galloway Warland says. However, company notes assay results "were lower than visible grade estimates". Samples have been "resubmitted for analysis using two different analytical techniques".

----------

Cambridge Cognition Holdings PLC - Cambridge-based assessment software provider - Signs two new pacts in field of post-traumatic stress disorder. Strikes research pact with United States Department of Defense, having earlier secured a deal with a "top 10 pharmaceutical company".

----------

Live Co Group PLC - Surrey, England-based live events, entertainment and sports events company - Says has nine Bricklive events currently happening throughout UK, USA, Canada, Germany and Northern Ireland.

----------

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
3 Apr 2024 11:53

TRADING UPDATES: RBG sells Convex; Nexteq eyes share buyback

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

Read more
21 Mar 2024 20:03

TRADING UPDATES: CAP-XX raises funds; Shanta Gold dividend

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

Read more
1 Mar 2024 12:07

IN BRIEF: Live Co finalising GBP200,000 injection, further financing

Live Co Group PLC - Surrey-based live events and entertainment group - Says it is finalising its capital arrangements, including a GBP200,000 injection from Chair David Ciclitira via an additional convertible loan at a 3 pence conversion price. Says it has also been with two separate unnamed strategic investors. Says: "Whilst both negotiations are ongoing, one of these has already resulted in a signed agreement. Any investments from these new strategic partners will be for further business development." Live Co says it aims to complete its initial financing arrangements by March 8 and will remain suspended until that date.

Read more
6 Feb 2024 11:02

Live Co still in need of financing despite cost-focused 2023

(Alliance News) - Live Co Group PLC on Tuesday said that it remains uncertain whether it can continue as a going concern, despite undertaking significant cost-cutting measures between 2022 and 2023.

Read more
2 Feb 2024 18:18

IN BRIEF: Live Co completes all matters bar placing for AIM re-trading

Live Co Group PLC - Surrey, England-based live events and entertainment company - Confirms that it has completed all matters, except for a placing which it expects to complete on Monday next week to enable re-trading of its shares on AIM in London. Says failure to do so will result in cancellation of trading on AIM with effect from Tuesday next week. On Thursday, it said it remained hopeful of completing all matters relating to its overdue 2022 results and interim first half accounts by the end of the week to enable to re-trading of it shares on AIM in London. Earlier this month, it reiterated it was in the process of finalising its accounts, envisaging completion by the end of January.

Read more
1 Feb 2024 18:47

TRADING UPDATES: Live Co stalls results; GCM requests suspension lift

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

Read more
9 Jan 2024 12:22

IN BRIEF: Live Co reiterates it is finalising overdue results releases

Live Co Group PLC - Surrey, England-based live events and entertainment company - Reiterates it is in the process of finalising its overdue 2022 results and interim first half accounts, envisaging completion by the end of January. At the end of December, it said it agreed with AIM that the cancellation of trading shares on AIM would take place on February 1.

Read more
27 Nov 2023 20:02

TRADING UPDATES: Live Co to cut jobs; SDX Energy in strategy shift

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

Read more
14 Nov 2023 13:56

IN BRIEF: Echo Energy hires new CEO as director promoted to chair

Echo Energy PLC - Latin America-focused exploration company - Hires "highly experienced geoscientist" Stephen Birrell as new chief executive officer, effective immediately. Birrell is currently a non-executive director at Coro Energy PLC and Live Co Group PLC, and managing director at Ossian Energy Ltd. He served as a non-executive director at Ascent Resources PLC from 2020 to October this year. Echo's current CEO Martin Hull steps down to become a non-executive director, as does Non-Executive Chair James Parsons. Company promotes Christian Yates, another non-executive director, to chair with immediate effect. Yates says Birrell "brings a wealth of technical and commercial experience...we look forward to leveraging his experience as we look to deliver our strategy."

Read more
13 Sep 2023 11:51

IN BRIEF: Live Co postpones London K-Pop concert amid low ticket sales

Live Co Group PLC - Surrey-based live events and entertainment company - Postpones K-Pop Lux SBS Super Concert in London, which was due to be held next weekend at the O2 Arena. Does not provide a future date. Cites insufficient ticket sales, which it attributes to another event occurring on the same weekend in Europe. It also blames the ongoing cost of living crisis, and the scheduling of the concert falling between two other K-Pop events. Says all ticket holders will be able to receive a full refund through Ticketmaster of AXS. At the end of August, the firm had shortened the festival to two days from the three first envisaged. This was to "avoid repeating too many artists", it said at the time.

Read more
30 Aug 2023 12:12

IN BRIEF: Live Co shortens K-Pop concert to avoid repeating performers

Live Co Group PLC - Surrey-based live events and entertainment company - Cuts next month's K-Pop concert to two days from three, saying this follows engagement with fans. The KPop-Lux concert in London will now take place on Friday, September 22 and Saturday, September 23, instead extending until Sunday, September 24. Live Co says it condensed the concert into two days "to avoid repeating too many artists". It is offering partial refunds or VIP up-sells for ticketholders that have bought all three days, and full refunds or date swaps for those that purchased single-day tickets for Sunday.

Read more
8 Aug 2023 15:38

IN BRIEF: Live Co secures short-term loan to fund London KPOP concert

Live Co Group PLC - Surrey-based live events and entertainment company - Announces that tickets for the KPOPLUX SBS Super Concert London - which will take place from September 22 to September 24 - will be going on sale through AXS on the O2 website and through the ticketmaster.co.uk website. Pre-sale tickets will be available from Wednesday and Thursday, with the general sale starting on Friday.

Read more
28 Jul 2023 16:34

TRADING UPDATES: Jardine Matheson net assets rise, Oberon loss widens

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

Read more
24 Jul 2023 15:48

UK shareholder meetings calendar - next 7 days

Tuesday 25 July 
ADM Energy PLCAGM
Atome Energy PLCAGM
B&M European Value Retail SAAGM
GlobalData PLCGM re capital reorganisation
JZ Capital Partners LtdAGM
MITIE Group PLCAGM
Molecular Energies PLCAGM
Polymetal International PLCAGM
Safestay PLCAGM
Verditek PLCAGM
Vodafone Group PLCAGM
Wednesday 26 July 
Aquila Services Group PLCAGM
Blackstone Loan Financing LtdAGM
BP Marsh & Partners PLCAGM
Eurasia Mining PLCAGM
Molten VenturesAGM
Motorpoint Group PLCAGM
NewRiver REIT PLCAGM
Ninety One PLC and LtdAGM
Norcros PLCAGM
Oracle Power PLCAGM
Palace Capital PLCAGM
ProBiotix Health PLCAGM
Seeen PLCAGM
Silverwood Brands PLCAGM
Triad Group PLCAGM
Water Intelligence PLCAGM
Zephyr Energy PLCAGM
Thursday 27 July 
Foresight Group Holdings LtdAGM
Marks Electrical Group PLCAGM
Silver Bullet Data Services Group PLCAGM
Friday 28 July 
African Pioneer PLCAGM
Bezant Resources PLCAGM
Braveheart Investment Group PLCAGM
Cordiant Digital Infrastructure LtdAGM
DP Poland PLCAGM
Intuitive Investments Group PLCGM re proposals on investment strategy
Jangada Mines PLCAGM
Mercantile Ports & Logistics LtdAGM
MetalNRG PLCAGM
Northern 2 VCT PLCGM re party transaction
Polymetal International PLCGM re delisting
R&Q Insurance Holdings LtdAGM
Science in Sport PLCAGM
Urban Logistics REIT PLCAGM
Xtract Resources PLCAGM
Monday 31 July 
B90 Holdings PLCAGM
Barryroe Offshore Energy PLCEGM re proposed cancellation of admission to trading on AIM
Live Co Group PLCAGM
OnTheMarket PLCAGM
Tintra PLCAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
14 Jul 2023 12:37

IN BRIEF: Live Co signs USD70,000 sponsorship agreement with Samsung

Live Co Group PLC - Surrey-based live events and entertainment company - Signs a title sponsorship agreement with Samsung Electronics Co. Samsung Electronics is a South Korea-based maker of consumer electronics and mobile communications products. The deal is worth EUR70,000 with an additional commitment to purchase tickets for the event. Adds that Samsung have chosen to use the Madrid K-pop event to promote its Galaxy Flip 4.

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.