PYX Resources: Achieving volume and diversification milestones. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSpaceandPeople Share News (SAL)

Share Price Information for SpaceandPeople (SAL)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 86.50
Bid: 83.00
Ask: 90.00
Change: 0.00 (0.00%)
Spread: 7.00 (8.434%)
Open: 86.50
High: 86.50
Low: 86.50
Prev. Close: 86.50
SAL 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: Novacyt UK dispute holds back revenue; Tasty sales up

Mon, 27th Sep 2021 11:16

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

----------

Novacyt SA - Surrey-based biotechnology group focused on clinical diagnostics - Revenue in six months to June 30 falls 15% to GBP54.0 million from GBP63.3 million. However, revenue for first half of 2021 excludes GBP40.8 million of revenue from UK Department of Health & Social Care as a contract dispute continues. While the DHSC dispute remains unresolved, the company will not recognise the related revenue. Swings to pretax loss of GBP15.1 million from GBP40.3 million profit a year earlier. Books GBP35.8 million in one-off sales costs.

----------

Tasty PLC - London-based casual dining restaurant operator - Revenue in 26 weeks to June 27 up by a third to GBP11.6 million from GBP8.7 million. Pretax loss narrows to GBP2.7 million from GBP10.9 million. "The start of 2021 like 2020 has been a very challenging time but thanks to our dedicated teams, who have worked tirelessly to sustain the business, Tasty has been able to navigate its way through the issues caused by the pandemic," company says. Adds that trading since full reopening of out-of-home dining sector in UK has exceeded board expectations.

----------

Ukrproduct Group Ltd - Ukrainian producer and distributor of dairy goods - Posts 7.2% revenue fall in six months ended June 30 to GBP25.5 million from GBP27.5 million. However, swings to pretax profit of GBP81,000 from GBP440,000 loss. Posts net foreign exchange gain of GBP366,000, swinging from GBP673,000 loss. Says second half outlook uncertain amid Covid-19 and acriculture commodity price inflation.

----------

SpaceandPeople PLC - AIM-listed retail, promotional and brand experience specialist - Notes venues remained closed in first six months of 2021 but manages to attain revenue of GBP1.1 million, largely unchanged year-on-year. Pretax loss narrows to GBP266,000 from GBP2.1 million a year earlier as sales costs fade to GBP292,000 from GBP829,000 and administrative expenses fall to GBP1.5 million from GBP1.9 million.

----------

Norman Broadbent PLC - London-based recruitment - Pretax loss in six months to June 30 stretches to GBP143,000 from GBP52,000 a year earlier. Revenue falls 30% to GBP3.1 million from GBP4.4 million. Earnings before interest, tax, depreciation and amortisation down by almost half to GBP6,000 from GBP11,000 a year prior. Executive Chair Peter Searle says: "These are a solid set of results and it's pleasing to see positive Ebitda in the first half of 2021 despite the continued disruption due to the Covid-19 pandemic. We now have the leadership team in place to begin leveraging the full potential of the Norman Broadbent brand which remains highly respected across executive search and interim markets."

----------

FireAngel Safety Technology Group PLC - Coventry, England-based fire safety firm - Revenue in six months ended June climbs 35% year-on-year to GBP22.2 million from GBP16.5 million. Pretax loss narrows annually to GBP1.7 million from GBP2.8 million. FireAngel says it is on track to meet market expectations for the year but retains a cautious outlook for second half due to global supply chain challenges.

----------

Crossword Cybersecurity PLC - Richmond, England-based cyber security and risk-focused technology commercialisation company - Revenue in six months to June 30 rises 22% to GBP824,923 from GBP674,008. However, Crossword's pretax loss widens to GBP1.5 million from GBP1.4 million. Administrative expenses rise 25% to GBP1.5 million from GBP1.2 million. Revenue for the full year is to grow 50%, according to market expectations. "Looking ahead the board is confident of delivering strong revenue growth in FY 2022 taking revenues to GBP4 million," Crossword says. Revenue in 2020 amounted to GBP1.6 million.

----------

Instem PLC - IT solutions provider based in Staffordshire, England - Revenue in six months to June 30 jumps 41% yearly to GBP19.8 million from GBP14.0 million. However, pretax profit falls 38% to GBP1.2 million from GBP1.9 million. Instem's finance costs jump to GBP766,000 from GBP124,000 a year earlier. Operating profit before non-recurring costs rises 37% to GBP2.7 million from GBP2.0 million. Instem lifts its annual expectations. The company says: "The improvement in our trading profitability in the first half has been sustained post the period end and, as a result, we now expect trading performance, excluding any negative impact of the fair value adjustment to acquired deferred revenue, for the current financial year to be slightly ahead of the board's previous expectations."

----------

Zinc Media Group PLC - UK-based TV and multimedia content producer - Revenue in six months to June 30 falls 2.4% year-on-year to GBP7.0 million from GBP7.1 million. Pretax loss widens annually to GBP2.1 million from GBP1.7 million. Zinc expects to be profitable in second half alone, an "important milestone" for company and despite Covid-19 disruption. Zinc adds: "With the group currently expecting to be profitable in H2 2021 the medium and long term outlook is increasingly positive. The underlying TV business is returning to growth, the margin improvements demonstrate that profitability and cash generation can be achieved from these divisions from a lower base of revenues than was required historically, and all the new business initiatives are generating revenues in previously untapped markets."

----------

Octopus Renewables Infrastructure Trust PLC - UK-based closed-ended investor in renewable energy assets - Net asset value per share at June 30 falls 1.0% to 97.31 pence from 98.26p at December 31 year end. Dividend for half year amounts to 2.5p per share, in the form of two 1.25p payouts. In first six months of 2020, Octopus Renewables paid a 1.06p dividend. Since then, it has paid quarterly payouts. For 2021, it targets a 5.0p payout, which would be up 57% from 3.18p a year earlier.

----------

Sivota PLC - investment vehicle focused on later-stage, Israeli technology-related sectors - Posts no revenue in six months to June 30. Says pretax loss during period widens to GBP47.1 million from GBP550,000 in the six months to March 31. Sivota floated in July, at GBP1.00 per share. Shares untraded on Monday morning in London, last quoted at 160.75p.

----------

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
19 Mar 2020 16:34

SpaceandPeople Pulls Dividend And Delays Results Amid Covid-19

SpaceandPeople Pulls Dividend And Delays Results Amid Covid-19

Read more
3 Feb 2020 16:10

SpaceandPeople pleased with performance after weak revenue result

(Sharecast News) - Retail, promotional and brand experience company SpaceandPeople released its pre-close trading update ahead of its preliminary results for 2019 on Monday, reporting that trading during the final quarter of the year was stronger than anticipated in the promotions divisions.

Read more
3 Feb 2020 14:55

SpaceandPeople 2019 To Meet Market Estimates Despite Revenue Dip

SpaceandPeople 2019 To Meet Market Estimates Despite Revenue Dip

Read more
6 Jan 2020 11:59

SpaceandPeople Hires Escape Hunt CFO Bird As Non-Executive Director

SpaceandPeople Hires Escape Hunt CFO Bird As Non-Executive Director

Read more
30 Sep 2019 11:50

SpaceandPeople Makes 2019 Profit Warning But Eyes 2020 Revenue Gains

SpaceandPeople Makes 2019 Profit Warning But Eyes 2020 Revenue Gains

Read more
4 Jul 2019 16:25

DIRECTOR DEALINGS: SpaceandPeople Chair George Watt Buys Shares

(Alliance News) - SpaceandPeople PLC said Thursday that Non-Executive Chair George Watt purchased around GBP15,900 in shares in a deal on Wednesday.Watt acquired 125,000 shares at a price a

Read more
25 Mar 2019 11:25

WINNERS & LOSERS SUMMARY: Inmarsat Up On USD3.4 Billion Takeover Deal

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Monday.----------FTSE 100 - WINNERS----------Standard up

Read more
25 Mar 2019 09:58

SpaceandPeople Shares Plummet On Swing To Loss As Payout Cut

LONDON (Alliance News) - SpaceandPeople PLC said Monday it sunk to a loss in 2018 as revenue slipped, leading to a reduced dividend payout.Shares in SpaceandPeople were down 23% Monday at -

Read more
27 Feb 2019 14:31

SpaceandPeople extends deal with German shopping centre firm ECE

(Sharecast News) - SpaceandPeople has extended its agreement with GB Immobilien (ECE) for the provision of retail merchandising units (RMUs) in ECE-managed shopping centres in Germany, it announced on Wednesday.

Read more
29 Jan 2019 12:53

SpaceandPeople To Cut Dividend As It Expects To Swing To 2018 Loss

LONDON (Alliance News) - SpaceandPeople PLC said Tuesday its trading in the fourth quarter of the year was "not as strong as had been anticipated" due to the well-documented challenges a

Read more
29 Jan 2019 09:03

SpaceandPeople swings to a loss following weaker fourth quarter

(Sharecast News) - Brand experience specialist SpaceandPeople warned investors on Tuesday that trading in the final quarter of 2018 was "not as strong as had been anticipated".

Read more
28 Sep 2018 11:58

SpaceandPeople Swings To Loss On Promotions Division, Shares Sink

LONDON (Alliance News) - SpaceandPeople PLC on Friday said it swung to a loss from a profit in the first half of the year due to a reduced contribution from its promotions division, causing it to

Read more
26 Mar 2018 12:48

SpaceandPeople Brings Back Dividend Though Warns On Slower 2018 Start

LONDON (Alliance News) - SpaceandPeople PLC on Monday resumed its annual dividend payment on solid profit and revenue growth, though it did warn its UK a

Read more
20 Mar 2018 11:59

SpaceandPeople Extends Contract With ECE Projektmanagement To 2019

LONDON (Alliance News) - SpaceandPeople PLC said on Tuesday it has extended its agreement with GB Immobilien GmbH for a further 12 months until the end of January 2019 for in

Read more
19 Mar 2018 16:09

UK Earnings, Trading Statements Calendar - Next 7 Days

Tuesday 20 March BellwayHalf Year Results888 HoldingsFull Year GroupTrading Year

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.