Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksQuiz Share News (QUIZ)

Share Price Information for Quiz (QUIZ)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 5.525
Bid: 5.30
Ask: 5.70
Change: 0.00 (0.00%)
Spread: 0.40 (7.547%)
Open: 5.525
High: 0.00
Low: 0.00
Prev. Close: 5.525
QUIZ 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: Safestyle blames warm weather for weak demand

Tue, 19th Sep 2023 10:45

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

----------

AIM - WINNERS

----------

SpaceandPeople PLC, up 26% at pence, 12-month range 62.5p-108p. The retail, promotional and brand experience specialist announces another extension to its commercialisation agreement with Network Rail for providing exhibitions, events and distribution activity until September 30, 2024. The agreement still covers Network Rail's portfolio of major London and regional railway stations, and Victoria Place shopping centre in London.

----------

AIM - LOSERS

----------

Safestyle UK PLC, down 43% at 4.7p, 12-month range 4p-32p. The retailer and manufacturer of PVCu replacement windows and doors says it has fallen behind internal forecasts since mid August, which has persisted into September. "It is management's belief that following a wet summer, the unseasonally warm weather at the end of August into the hottest early September on record is compounding the macroeconomic factors that influence current market demand levels," the firm explains. Takes measures to mitigate impact of weaker demand, including reducing shifts in factory, as well as board members voluntarily waiving pay. However, says these will not be enough to fully mitigate the hit. Now expects annual revenue for 2023 to be between GBP140 and GBP142 million, with underlying loss to be GBP9.5 to GBP10.5 million. Also expects year-end net debt to be between GBP5.5 and GBP6.5 million.

----------

Quiz PLC, down 39% at 5.4p, 12-month range 4.58p-18.5p. The fashion company says revenue in the year beginning April 1 has continued to lag the prior year, sitting below management expectations, as inflationary cost pressures hit consumer confidence and demand for its products. In the five months to August 31, revenue is down 15% year-on-year to GBP37.0 million from GBP43.7 million. Quiz says that if the current trend continues, annual revenue is likely to be 6% to 7% behind current market expectations, which will have a knock-on effect on profit. It would expect a pretax loss of no more than GBP1.5 million, swinging from profit of GBP2.3 million in the prior year. Quiz adds: "Whilst the impact of cost of living pressures on consumers' disposable income persists, management continues to retain a tight control on costs and is proactively reviewing all aspects of the business to mitigate the impact of the current economic and trading environment on the group and identify potential strategies to drive additional revenue growth."

----------

By Elizabeth Winter, Alliance News senior markets reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
8 Apr 2024 10:15

AIM WINNERS & LOSERS: Cora Gold "excited" as Madina drilling nears

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

Read more
3 Apr 2024 10:59

TRADING UPDATES: Quiz sales fall, names new CEO; Byotrol eyes AIM exit

(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
28 Mar 2024 07:21

Quiz announces board changes amid subdued trading

(Sharecast News) - Shares in clothing retailer Quiz were sliding on Thursday morning, after it reported continued subdued trading alongside significant changes to its board, as part of a strategic review.

Read more
27 Feb 2024 11:53

LONDON MARKET MIDDAY: FTSE 100 falters; eyes on US data

(Alliance News) - Stock prices in London were lower at midday Tuesday, ahead of slew of US data which could help determine the course of interest rates.

Read more
27 Feb 2024 10:12

Itim shares surge on "multi-million-pound" contract with Quiz

(Alliance News) - Shares in Itim Group PLC rocketed on Tuesday, after it said it has won a contract with Quiz PLC.

Read more
23 Jan 2024 12:09

IN BRIEF: Quiz continues strategic review after poor Christmas sales

Quiz PLC - Glasgow, Scotland-based fashion retailer - Sales in the key shopping month of December are down 11% from a year before to GBP8.7 million from GBP9.8 million. "This reduction reflects the negative impact of inflationary pressures on consumer demand which resulted in declines in traffic both in-store and online," Quiz says.

Read more
23 Jan 2024 09:22

Quiz Christmas sales drop 11% as inflationary pressures dent demand

(Sharecast News) - Fast-fashion retailer Quiz reported a drop in sales over the Christmas period on Tuesday as it said inflationary pressures were denting consumer demand.

Read more
5 Dec 2023 15:26

London close: Stocks mixed as investors mull fresh data

(Sharecast News) - London's financial markets finished with a mixed performance on Tuesday as investors considered key economic data and developments from both sides of the Atlantic.

Read more
5 Dec 2023 11:26

Quiz shares plunge on interim loss; expects to miss market consensus

(Alliance News) - Quiz PLC on Tuesday reported that it swung to a half-year loss on lower demand and warned it will miss its full-year revenue expectations.

Read more
5 Dec 2023 10:59

AIM WINNERS & LOSERS: tinyBuild warns on revenue; ValiRx rises

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

Read more
5 Dec 2023 09:05

LONDON MARKET OPEN: FTSE 100 struggles after Moody's warning on China

(Alliance News) - London's FTSE 100 got off to a slow start on Tuesday, with miners falling amid fears for the Chinese economy, while Barclays shares fell after Bloomberg reported Qatar is trimming its stake in the lender.

Read more
5 Dec 2023 08:23

Quiz warns on full-year sales, shares tumble

(Sharecast News) - Quiz tumbled on Tuesday as the fashion retailer warned on full-year profits after a disappointing Black Friday performance, and said it swung to a loss in the first half.

Read more
19 Sep 2023 12:05

LONDON MARKET MIDDAY: London largely up despite slew of outlook cuts

(Alliance News) - Stock prices in London were mostly higher at midday Tuesday, after news that eurozone inflation eased slightly in August and despite some less-than-stellar local corporate updates.

Read more
19 Sep 2023 11:56

Quiz shares plummet as warns of swing to annual loss

(Alliance News) - Quiz PLC shares plummeted on Tuesday, after it warned investors that it may make a loss in financial 2024.

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.