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Share Price Information for OptiBiotix Health (OPTI)

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Share Price: 18.125
Bid: 17.75
Ask: 18.50
Change: 0.125 (0.69%)
Spread: 0.75 (4.225%)
Open: 18.00
High: 18.125
Low: 18.00
Prev. Close: 18.00
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WINNERS & LOSERS SUMMARY: Thomas Cook Drops After Profit Warnings

Tue, 27th Nov 2018 10:48

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Tuesday.----------FTSE 100 - WINNERS----------Coca-Cola HBC, up 5.5%. UBS raised the soft drinks bottler to Buy from Sell. ----------Intertek, up 1.5%. The testing, inspection and certification services provider said it remains on track to deliver on its 2018 targets following revenue growth at constant rates in the first 10 months. Intertek said revenue in the 10 months to the end of October totalled GBP2.32 billion, up 0.5% year-on-year. On a constant currency basis, revenue rose by 4.8%. During the period, Intertek bought US-based software provider Alchemy Investment Holdings for USD480 million. The acquired business is integrating well, expanding Intertek's fast growing assurance segment, it said.----------FTSE 100 - LOSERS----------NMC Health, down 5.2%. Jefferies downgraded the UAE-focused healthcare provider to Underperform from Hold. ----------FTSE 250 - WINNERS----------Greggs, up 11%. The on-the-go food retailer said it expects full-year profit to rise by "at least" 5.1% on the prior year. Greggs anticipates pretax profit for 2018 to come in at "at least GBP86 million". A year ago profit was GBP81.8 million. The sausage roll maker reported sales for the eight weeks to November 24 up 9.0%, with like-for-like shop sales up 4.5%. Year-to-date, sales were up 6.6%, with like-for-like up 2.5% on last year.----------Hikma Pharmaceuticals, up 2.0%. Jefferies raised the drugmaker to Buy from Hold. The pharmaceutical company has signed a five year licensing and supply agreement to market a range of injectable oncology medicines produced by China-based Hansoh Pharmaceutical Group Co Ltd. Hansoh expects to file the selected products for approval with the US Food & Drug Administration within the next 12 months.----------Pennon Group, 1.8%. The water company reported a strong performance in the first half of its financial year, saying that its South West Water and Viridor units continued to operate well and that it is on track for its full-year expectations. On a statutory basis, pretax profit rose by 2.7% to GBP133.6 million from GBP129.8 million. This was on revenue that grew by 3.1% to GBP746.7 million from GBP723.9 million the year before. Revenue growth was attributed to continued strong performances by South West Water due to increased customer demand despite and by UK recycling business Viridor due to the building of new energy recovery facilities. Pennon Group declared an interim dividend of 12.84 pence per share, up 7.3% from 11.97p the prior year.----------FTSE 250 - LOSERS----------Thomas Cook, down 20%. The travel agent suspended its annual dividend and said it anticipates earnings to be hurt by a number of one-off charges and by weakness in its tour operating business. Thomas Cook expects to report underlying earnings before interest and taxes of GBP250 million for the year that ended in September, down GBP58 million, or 19%, year-on-year on a like-for-like basis. The result includes GBP28 million in legacy and non-recurring charges, comprising the write-down of historic hotel receivables, flight disruption costs, and company restructuring costs. Thomas Cook paid a dividend of 0.6 pence per share in 2017 financial year. Large cap travel operator TUI was down 3.0% in a negative read-across. ----------UDG Healthcare, down 7.5%. The healthcare firm reported a sharp drop in profit, hit by exceptional charges on goodwill impairments, losses on disposals, and restructuring costs. For the financial year that ended September 30, the healthcare services provider's pretax profit came in at just USD8.4 million, down from USD92.8 million a year prior. On an adjusted basis, pretax profit was GBP105.4 million, up 14%. The adjusted figure excluded charges of USD97.1 million due mainly to impairment of goodwill and loss disposals related to its unit Aquilant which was sold in August.----------Convatec Group, down 6.0%. Barclays started coverage on the wound dressings maker with an Underweight rating. ----------Cranswick, down 5.5%. The pork products producer reported a rise in first half revenue and adjusted pretax profit despite uncertain domestic market conditions and softer pricing in key export markets. For the six months to September-end, Cranswick recorded adjusted pretax profit of GBP44.8 million, up marginally from GBP44.4 million in the year ago period. Reported pretax profit was dented by movements in valuation of assets and totalled GBP42.6 million, down 4.3% from GBP44.5 million a year ago. Revenue for the first half totalled GBP719.2 million, up 0.6% from GBP714.6 million a year ago. The company said strong revenue growth from poultry, sausages and continental products was offset by lower year-on-year revenue in other pork related categories, 2.6% fall in export revenue and softer pricing in Far Eastern markets.----------OTHER MAIN MARKET AND AIM - WINNERS----------OptiBiotix Health, up 16%. The life science company said its SlimBiome has been granted medical device status and a CE mark. SlimBiome is the company's product to promote weight loss, fight food cravings and help dieting. The awards allow the product to be marketed as a medical device in the European Economic Area and markets with mutual recognition agreements such as Switzerland, Australia and New Zealand. The product will now be sold in boxes of 30 single dose sachets to pharmacies and retailers. ----------OTHER MAIN MARKET AND AIM - LOSERS----------Xeros Technology Group, down 27% at 23.46 pence each. The polymer bead systems developer said it plans to raise GBP20.0 million via a heavily discounted placing and open offer of shares. The company will place 150.0 million shares at 10p each to raise GBP15.0 million. It will issue a further 49.6 million shares through an open offer at the same price to raise up to GBP5.0 million. Xeros currently has just 99 million shares in issue and a market capitalisation of GBP23 million, so the new offering will triple its number of shares. The company said it will use the funds raised in the share offers to continue to invest in its business divisions, particularly in the Cleaning unit. ----------Nostrum Oil & Gas, down 13%. The oil and gas company reported a rise in revenue but a decline in production in the first nine months of 2018, and said it plans cut back its number of drilling rigs in 2019. Nostrum said revenue in the nine months to the end of September grew to USD311.4 million from USD303.7 million. Production declined to 31,757 barrels of oil equivalent per day from 44,879 a year before, sending average sales volumes down to 30,523 barrels of oil equivalent daily from 39,600 barrels a year ago. Looking forward, Nostrum said it intends to reduce the number of active drilling rigs to two from three, in order to drill up to six wells in 2019. ----------

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30 Apr 2024 16:55

OptiBiotix Health inks manufacturing deal with KAG Industries

(Sharecast News) - Life sciences company OptiBiotix Health announced on Tuesday that its its Indian subsidiary, OptiBiotix Health India (OHI), has entered into a manufacturing agreement with KAG Industries for the supply of 'Slimbiome' products tailored for the Indian market.

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30 Apr 2024 15:56

EARNINGS AND TRADING: Card Factory profit climbs; Pebble "consistent"

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

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25 Mar 2024 17:08

OptiBiotix Health raises GBP1.4 million to invest in "driving sales"

(Alliance News) - OptiBiotix Health PLC on Monday said it has raised GBP1.4 million through a placing and subscription of shares.

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13 Mar 2024 20:49

EARNINGS AND TRADING: PensionBee nears profit; OptiBiotix Indian deal

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

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13 Mar 2024 14:28

OptiBiotix signs partnership with India's Dr Morepen

(Sharecast News) - Life science company OptiBiotix Health announced the signing of a partnership agreement with Dr Morepen on Wednesday, for the distribution of SlimBiome products in India under the Dr Morepen brand.

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27 Feb 2024 12:57

OptiBiotix products return to sales growth as pipeline strong

(Alliance News) - OptiBiotix Health PLC shares rose on Tuesday as the firm celebrated a "gradual return to strong sales growth".

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30 Jan 2024 13:35

IN BRIEF: OptiBiotix in discussions for launch of SweetBiotix

OptiBiotix Health PLC - York, England-based life sciences company - Hails "significant progress" in SweetBiotix commercial scale production. Says it is currently in discussions with commercial partners to launch SweetBiotix products. SweetBiotix is a low calorie alternative to sugar. Chief Executive Officer Stephen O'Hara says: "Consumer concerns over sugar and the safety of several sugar substitutes have materialised into companies reformulating existing and/or launching new products containing natural, safe, and healthy alternatives. The company believes its sweet, high fibre, low calorie, prebiotic fibre SweetBiotix products are ideally positioned to launch at a time when many companies are actively looking for a natural alternative to meet this need."

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15 Jan 2024 11:34

OptiBiotix to launch LeanBiome with Muscletech

(Sharecast News) - OptiBiotix Health announced the upcoming launch of LeanBiome in partnership with prominent sports nutrition brand Muscletech on Monday.

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15 Jan 2024 10:40

OptiBiotix's LeanBiome to be launched under MuscleTech

(Alliance News) - OptiBiotix Health PLC on Monday announced the launch of LeanBiome in sports nutrition brand, MuscleTech.

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4 Dec 2023 12:23

IN BRIEF: OptiBiotix names Croda's Graham Myers as finance director

OptiBiotix Health PLC - York, England-based life sciences company - Appoints Graham Myers as finance director, effective as of December 1, 2023. Says that Myers' appointment to this part-time role will see him work closely with the OptiBiotix team to support its focus on "driving each business unit and the group to profitability". Myers is currently chair of Croda Pension Trustees Ltd, the sole trustee of Croda International PLC's GBP800 million UK pension scheme.

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28 Nov 2023 14:57

TRADING UPDATES: Scancell trial progresses; OptiBiotix inks new deal

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

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22 Nov 2023 14:15

EARNINGS AND TRADING: Victorian Plumbing profit up; Duke revenue dips

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

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1 Nov 2023 12:58

OptiBiotix makes strong progress in e-commerce shift

(Sharecast News) - OptiBiotix Health reported significant progress in its commercial endeavours in an update on Wednesday, as it looked to attain profitability at the business unit level, ultimately leading to overall profitability.

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1 Nov 2023 11:55

OptiBiotix says market still "volatile" but partner sales improving

(Alliance News) - OptiBiotix Health PLC on Wednesday said sales from existing partners have improved in recent months, and that its move to focus on US and Asian markets is progressing well.

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23 Oct 2023 10:17

OptiBiotix adds Tata Chemicals ingredient to obesity product in India

(Alliance News) - OptiBiotix Health PLC on Monday said it agreed a licence deal with Tata Chemicals Ltd to incorporate Tata's short-chain fructo-oligosaccharide Fossence into OptiBiotix's SlimBiome and LeanBiome products for the Indian market.

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