The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRev Bars Share News (RBG)

Share Price Information for Rev Bars (RBG)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 1.65
Bid: 1.50
Ask: 1.80
Change: 0.00 (0.00%)
Spread: 0.30 (20.00%)
Open: 1.65
High: 1.65
Low: 1.65
Prev. Close: 1.65
RBG 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: Revolution Bars reports good progress from Peach Pubs

Wed, 26th Jul 2023 19:35

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

----------

EKF Diagnostics Holdings PLC - global diagnostics business - Provides trading update for six months ended June 30 during which it says trading was in line with expectations. Reports revenue from continuing operations was GBP26.3 million, down from GBP34.4 million the year prior. Excluding all Covid-related revenues, first half revenue from continuing operations rose to GBP25.4 million from GBP22.7 million the year prior. Says the positive momentum across Point-of-Care has been maintained throughout the first half, with sales up nearly 10%. Life Sciences delivered 13% year-on-year sales growth, compared with last year. Expects that improvements in adjusted earnings before interest, tax, depreciation and amortisation margin will begin to be seen in the second half. Sees full annualised benefits of margin improvements in financial year 2024.

----------

LBG Media PLC - Manchester, England-based digital media and youth content publisher - Gives trading update for six months to June 30. Expects to report first half revenue of GBP27.2 million up compared to GBP24.8 million the year prior, growth of around 10% and reflective of the seasonality anticipated between the first and second half. Direct revenues increased by around 9% to GBP11.5 million from GBP10.6 million. Notes visibility of booking levels for the second half of the year is also improved compared to this time last year. Indirect revenue increased by around 13% to GBP15.3 million from GBP13.6 million. Expects adjusted earnings before interest, tax, depreciation and amortisation of around GBP3 million, an increase of over 80% from GBP1.6 million last year. Confirms the outlook for the full year remains in line with market expectations.

----------

NAHL Group PLC - Northamptonshire, England-based insurance claims management - Says revenue and profit in line with management expectations in the six months to June 30. Expects revenue to be slightly ahead of last year at GBP21.0 million, compared to GBP20.7 million. Reports substantial progress in reducing net debt, which at June 30 was GBP11.6 million, down 13% from GBP13.3 million at December 31, 2022 and down 20% from GBP14.5 million at June 30, 2022.

----------

Tialis Essential IT PLC - Edinburgh, Scotland-based IT service management company - Says business has continued to grow in line with market expectations in the six months June 30. Predicts revenue to be no less than GBP11.5 million with adjusted earnings before interest, tax, depreciation and amortisation to be no less than GBP1.2 million. Further Andy Parker, executive chair, notes the continued decline in share price and "is considering whether or not to use its authorities to buy back shares on the market if it deems it to be the best use of capital and accretive to shareholders".

----------

Gresham Technologies PLC - London-based firm which provides software and services for data integrity and control, banking integration, payments and cash management - Reports revenue in the six months to June 30 of GBP23.9 million, up compared to GBP23.0 million the year prior. Pretax profit fell to GBP795,000 from GBP1.1 million while basic earnings per share declined to 1.34 pence from 1.85p before. Highlights Clareti revenue growth of 10%, driving group revenue growth of 4%. Margins were broadly consistent with the first half of 2022, with improvements expected in the second half, aligned with the traditional second half weighting of the business. States a solid pipeline of new opportunities gives confidence the company can meet full year market expectations.

----------

Revolution Bars Group - Tameside, England-based bar chain - Updates on trading for the year ended July 2 which is anticipated to be in line with market expectations. Says Peach Pubs has continued to trade strongly and in line with business expectations at acquisition, with full year like-for-like sales 14% ahead of pre-Covid levels. Sees significant opportunities to invest in and expand this brand when appropriate. Confirms financial year 2023 earnings before interest, tax, depreciation and amortisation is expected to be in line with market expectations of GBP6.6 million. Expects trading conditions to remain challenging for the new financial year.

----------

By Jeremy Cutler, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
2 May 2024 11:56

UPDATE: Nightcap confirms talks for potential buy of Revolution Bars

(Alliance News) - Nightcap PLC on Thursday confirmed talks with Revolution Bars Group PLC, which could result in the former making a takeover offer.

Read more
2 May 2024 10:05

TOP NEWS: Revolution Bars in talks for potential takeover by Nightcap

(Alliance News) - Revolution Bars Group PLC on Thursday said it held exploratory talks with Nightcap PLC, which could result in the latter making a takeover offer.

Read more
2 May 2024 07:48

LONDON BRIEFING: Shell unveils USD3.5 billion buyback; Melrose bullish

(Alliance News) - London's FTSE 100 is called to open higher on Thursday, after the Federal Reserve left rates unmoved and Chair Jerome Powell came across less hawkish than feared.

Read more
2 May 2024 07:26

Revolution Bars confirms takeover talks with Nightcap

(Sharecast News) - Revolution Bars confirmed on Thursday that it has held "an exploratory meeting" with Piano Works owner Nightcap about a range of possible transactions, including a potential takeover.

Read more
1 May 2024 17:47

Revolution Bars raises GBP12.5 million from fundraise

(Alliance News) - Revolution Bars Group PLC on Wednesday said it has raised GBP12.5 million through a placing, subscription and open offer.

Read more
25 Apr 2024 15:49

UK shareholder meetings calendar - next 7 days

Friday 26 April 
Bellevue Healthcare Trust PLC AGM
Kingspan Group PLCAGM
Me Group International PLCAGM
Pearson PLCAGM
Senior PLCAGM
Smurfit Kappa Group PLCAGM
Monday 29 April 
Goldstone Resources LtdAGM
Hydrogen Future Industries PLCAGM
JPMorgan Claverhouse Investment Trust PLCAGM
KR1 PLCEGM re buying up to 15% of shares in issue
Ocado Group PLCAGM
Secured Property Developments PLCGM re name change to Mollyroe PLC
Symphony International Holdings LtdAGM
Tuesday 30 April 
Amigo Holdings PLCGM re capital raise
Anglo American PLCAGM
BBGI Global Infrastructure SAAGM
CVC Income & Growth LtdAGM
Elementis PLCAGM
Minoan Group PLCAGM
Pebble Group PLCAGM
Robert Walters PLCAGM
Rotork PLCAGM
Wednesday 1 May 
Alfa Financial Software Holdings PLCAGM
Alpha Group International PLCAGM
AVI Japan Opportunity Trust PLCAGM
Domino's Pizza Group PLCAGM
Electric Guitar PLCGM re reverse takeover of 3radical
Flutter Entertainment PLCAGM including vote on primary listing move to New York
Glanbia PLCAGM
Jade Road Investments LtdAGM
Johnson Service Group PLCAGM
Smith & Nephew PLCAGM
Spirent Communications PLCAGM
STV Group PLCAGM
Tritax Big Box REIT PLCAGM
Unilever PLCAGM
Witan Investment Trust PLCAGM
Thursday 2 May 
AIB Group PLCAGM + EGM re proposed buyback of shares from Irish government
Aviva PLCAGM
Ecora Resources PLCAGM
Enwell Energy PLCAGM
F&C Investment Trust PLCAGM
Glenveagh Properties PLCAGM
Grafton Group PLCAGM
Gran Tierra Energy IncAGM
Howden Joinery Group PLCAGM
ITV PLCAGM
Kerry Group PLCAGM
Melrose Industries PLCAGM
Moneysupermarket.com Group PLCAGM
Personal Group Holdings PLCAGM
Reach PLCAGM
Reckitt Benckiser Group PLCAGM
Revolution Bars Group PLCGM re fundraising
Rio Tinto PLCAGM
SIG PLCAGM
UK Commercial Property REIT PLCGM re merger with Tritax Big Box REIT PLC
Ultimate Products PLCGM re share buyback programme
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
12 Apr 2024 07:43

LONDON BRIEFING: UK economy grows again in February

(Alliance News) - Stocks in London are called to open higher on Friday, as investors digest the fall out of a busy week of interest rate decisions, as well as economic data.

Read more
11 Apr 2024 18:50

Revolution Bars raises up to GBP12.5 million amid mooted sale plans

(Alliance News) - Revolution Bars Group PLC on Thursday said it raised GBP10.5 million plus up to GBP2.0 million in its bookbuild launched yesterday, amid a restructuring plan that could see the business sold.

Read more
11 Apr 2024 11:52

Revolution Bars could close 18 sites under overhaul plans

(Alliance News) - Revolution Bars Group PLC has announced plans for an overhaul which could see 18 of its bars shut down, as the chain has been hammered by cost-of-living pressures and regular train strikes affecting its younger customer base.

Read more
11 Apr 2024 11:50

LONDON MARKET MIDDAY: Europe takes hit on nerves ahead of ECB decision

(Alliance News) - European equities sunk lower at midday on Thursday, with sentiment hurt by hotter-than-expected inflation from the US crushing hopes of interest rate cuts.

Read more
11 Apr 2024 09:27

AIM WINNERS & LOSERS: Lok'n Store up on takeover offer from Shurgard

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

Read more
11 Apr 2024 09:15

Revolution Bars proposes restructuring, eyes £12.5m equity raise

(Sharecast News) - Bar and gastro pub operator Revolution Bars has proposed a restructuring of the group, which would involve the shuttering of several sites, rent reductions, and an equity raise of up to £12.5m featuring new and existing investors.

Read more
11 Apr 2024 07:49

LONDON BRIEFING: Astra promises dividend hike; Darktrace ups guidance

(Alliance News) - Stocks in London are called to open slightly higher on Thursday, as investors eye the latest interest rate decision from the European Central Bank, a day after a hotter-than-expected US inflation reading.

Read more
10 Apr 2024 20:08

Revolution Bars looks to raise funds as reviews future options

(Alliance News) - Revolution Bars Group PLC on Wednesday announced a GBP12.5 million fund raise amid a restructuring plan that could see the business sold.

Read more
2 Apr 2024 14:21

Revolution Bars shares suspended as fails to publish interim results

(Alliance News) - Revolution Bars Group PLC on Tuesday said its shares have been temporarily suspended on AIM in London, as it is unable to publish its interim results on time.

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.