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Small cap round-up: Adventis, Alexon, Somero...

Thu, 27th Jan 2011 17:48

Marketing agency Adventis' healthcare business has experienced a 'very considerable' downturn and will post a £0.26m loss for the full year. Full year results may also contain a significant goodwill impairment charge. For the full year underlying profits will be approximately £0.45m.Clothing group Alexon's sales over the five weeks period to 22 January rose by 13.3% as trading recovered well following the extreme weather conditions in December 2010. The group expects to deliver profit before tax of between £0.7m and £1.0m for the year to end January. The technical bank covenant infringement has also been resolved,Floor levelling equipment specialist Somero says conditions remain soft in North America and Europe, but emerging markets business has partly helped to offset this. Sales of refurbished machines have run ahead of expectations. "We believe that 2010 represented the low-point for conditions in our mature markets of North America and Europe, and look forward to an improvement this year, "Somero said. Software group Sopheon's total revenues for 2010 are expected to exceed market expectations of £10m(2009: £8.3m). Early indications are that the EBITDA result will also comfortably exceed market expectations of £900,000 (2009: £195,000 EBITDA loss). "Going into 2011 we are encouraged by the strength of our sales pipeline, which remains very active," it added. Sterling Energy has recovered drill-pipe to almost 2,000 metres at Sangaw North block in Kurdistan. This allows it to side-track in the open hole below the existing casing shoe and drill a new wellbore to the planned casing point with the same 8.5 inch hole size as the original wellbore. This configuration will permit the well to reach its original target depth and test the potential of the Jurassic formations.Green technology group TEG's revenues in 2010 grew again but a delay in receiving the order for the fourth Greater Manchester plant means it will not meet market forecasts. Underlying trading losses for 2010 will be of a similar level to those reported for the year ended 31 December 2009. The group's cash balance continues to remain very healthy, closing significantly higher than the market forecast.Tertiary Minerals is satisfied with the latest results from Storuman Project. All 14 holes hit fluorspar mineralisation of economic significance. "Results are in line with its expectations and we look forward to announcing the JORC Mineral Resource Estimate for the project at the end of this quarter," it added.
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21 Feb 2024 17:45

IN BRIEF: Sopheon shares cancelled as Wellspring takeover effective

Sopheon PLC - Minnesota-based enterprise software and services company - Updates on its acquisition by IOps Buyer Inc, a subsidiary of Wellspring Worldwide Inc, itself a portfolio company of funds managed and/or advised by Atlanta, Georgia-based private equity firm Resurgens Technology Partners. Said on Tuesday that the scheme of arrangement was now effective, and that its entire share capital is now owned by IOps. Shares were suspended on Tuesday in London.

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16 Feb 2024 21:49

IN BRIEF: Scheme to facilitate Wellspring bid for Sopheon sanctioned

Sopheon PLC - Minnesota-based enterprise software and services company - Says High Court sanctions scheme by which the the GBP115 million takeover from Wellspring Worldwide Inc will be facilitated. Explains the scheme is expected to become effective on February 20 with shares expected to be cancelled on February 21. In December, Sopheon said that Wellspring has offered GBP10.00 in cash per Sopheon share.

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8 Feb 2024 21:25

TRADING UPDATES: Nexxen expands partnership; Geiger considers listing

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

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11 Jan 2024 21:10

Sopheon gets green light for Wellspring takeover offer

(Alliance News) - Sopheon PLC on Thursday said it has government approval for its GBP115 million takeover offer from Wellspring Worldwide Inc.

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22 Dec 2023 13:57

Sopheon agrees terms for "compelling" Wellspring takeover offer

(Alliance News) - Sopheon PLC on Friday announced agreed terms of a GBP115 million takeover offer from Wellspring Worldwide Inc, which it expects to complete early next year.

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28 Nov 2023 18:14

TRADING UPDATES: Sopheon extends bid deadline; Fenikso receives funds

(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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31 Oct 2023 16:59

LONDON MARKET CLOSE: FTSE 100 returns early progress as BP disappoints

(Alliance News) - London-listed blue-chips faded after a bright start with falls in oil majors, and index heavyweights, BP and Shell dragging the FTSE 100 lower.

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31 Oct 2023 14:10

Sopheon shares surge as receives Wellspring takeover interest

(Alliance News) - Sopheon PLC on Tuesday said it received a possible takeover offer from Iops Buyer Inc, a subsidiary of Wellspring Worldwide Inc.

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24 Aug 2023 11:47

Sopheon swings to pretax profit as "strong year" boosts revenue

(Alliance News) - Sopheon PLC on Thursday said it swung to a moderate pretax profit in the first half of 2023, with increased revenue and falls in some costs, although increased taxes prevented a return to full net profitability.

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10 Jul 2023 10:17

Sopheon acquires Australian software provider Prodex for AUD1 million

(Alliance News) - Sopheon PLC on Monday said that it had acquired the business and assets of Prodex Systems Australasia for AUD1 million, or around GBP518,195.

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8 Jun 2023 14:37

TRADING UPDATES: Camellia expects annual revenue to top prior year

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

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23 Mar 2023 11:37

Sopheon annual profit, revenue rises; notes growing sales pipeline

(Alliance News) - Sopheon PLC on Thursday said annual profit increased with rising revenue, while its outlook for 2023 was positive, noting a growing sales pipeline.

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23 Mar 2023 10:41

AIM WINNERS & LOSERS: Zinnwald Lithium up on GBP19 million fundraise

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

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17 Mar 2023 15:42

UK earnings, trading statements calendar - next 7 days

Monday 20 March 
Jubilee Metals Group PLCHalf Year Results
Tuesday 21 March 
Alliance Pharma PLCFull Year Results
Aptitude Software Group PLCFull Year Results
Boku IncFull Year Results
Diversified Energy Co PLCFull Year Results
Ergomed PLCFull Year Results
Fintel PLCFull Year Results
Gamma Communications PLCFull Year Results
Henry Boot PLCFull Year Results
Kape Technologies PLCFull Year Results
Kingfisher PLCFull Year Results
Luceco PLCFull Year Results
MP Evans Group PLCFull Year Results
Ocado Group PLCTrading Statement
Oxford Nanopore Technologies PLCFull Year Results
Pebble Group PLCFull Year Results
Quixant PLCFull Year Results
Science Group PLCFull Year Results
ScS Group PLCHalf Year Results
SThree PLCTrading Statement
Staffline Group PLCFull Year Results
Tissue Regenix Group PLCFull Year Results
Trustpilot Group PLCFull Year Results
YouGov PLCHalf Year Results
Zotefoams PLCFull Year Results
Wednesday 22 March 
Anpario PLCFull Year Results
Atalaya Mining PLCFull Year Results
BioPharma Credit PLCFull Year Results
Blackbird PLCFull Year Results
Bloomsbury Publishing PLCTrading Statement
Essentra PLCFull Year Results
Fevertree Drinks PLCFull Year Results
Genel Energy PLCFull Year Results
Gresham House PLCFull Year Results
Hostelworld Group PLCFull Year Results
Judges Scientific PLCFull Year Results
Kenmare Resources PLCFull Year Results
Mpac Group PLCFull Year Results
Pendragon PLCFull Year Results
Pharos Energy PLCFull Year Results
Sareum Holdings PLCHalf Year Results
Ten Entertainment Group PLCFull Year Results
Tribal Group PLCFull Year Results
Vistry Group PLCFull Year Results
Thursday 23 March 
Energean PLCFull Year Results
Playtech PLCFull Year Results
Pollen Street PLCFull Year Results
Portmeirion Group PLCFull Year Results
Safestyle UK PLCFull Year Results
Friday 24 March 
Ceres Power Holdings PLCFull Year Results
JD Wetherspoon PLCHalf Year Results
NAHL Group PLCFull Year Results
Smiths Group PLCHalf Year Results
Sopheon PLCFull Year Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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30 Jan 2023 10:42

Sopheon revenue up in 2022; earnings "comfortably" exceed expectations

(Alliance News) - Sopheon PLC on Monday said it expects to report an increase in revenue, as secured revenue rises by a fifth.

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