The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSigmaroc. Share News (SRC)

Share Price Information for Sigmaroc. (SRC)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 69.30
Bid: 69.70
Ask: 70.00
Change: 1.20 (1.76%)
Spread: 0.30 (0.43%)
Open: 68.20
High: 70.30
Low: 67.40
Prev. Close: 68.10
SRC 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: Loungers posts record revenue; SigmaRoc solid quarter

Tue, 26th Apr 2022 16:00

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

----------

Loungers PLC - operator of restaurants across England and Wales - For the 52 weeks ended April 17, achieves a record revenue of GBP237.3 million, in spite of a subdued December due to the Omicron variant. For the 48 weeks ended April 17, three year like-for-like sales grows 22%. Following a strong post-Christmas performance, profitability for the year is set to be slightly ahead of expectations.

----------

SigmaRoc PLC - London-based investment company focused on construction - For the first quarter of 2022, revenue rises 19% to GBP111.2 million from the same period in 2021, due to strong customer demand across all regions and products, particularly construction materials. Despite the uncertain macroeconomic backdrop, SigmaRoc remains confident about its prospects for the year.

----------

Trakm8 Holdings PLC - Birmingham-based telematics and data insight provider - For the financial year ended March 31, revenue rises 14% higher year-on-year to GBP18.2 million, and as a result expects to achieve an adjusted pretax profit of around GBP7,000, swinging from a loss of GBP300,000 the year before. Looking ahead, company is experiencing significant salary and component inflationary pressures, and states it is unlikely that the company can mitigate all of these cost measures.

----------

Lords Group Trading PLC - London-based distributor of building, plumbing, heating and DIY goods - For 2021, expects to report revenue at GBP363 million, and adjusted earnings before interest, tax, depreciation and amortisation of GBP21.5 million. For the first quarter of 2022, group revenue grew 14% to GBP103.2 million from GBP91.0 million a year prior, driven by strong growth from the Merchanting division. Looking further ahead, for 2022 the company anticipates revenue at GBP438 million, and adjusted pretax profit of GBP16.0 million.

----------

Franchise Brands PLC - Manchester-based owner of ChipsAway, Willow Pumps and Metro Rod brands - Notes continuation of sales and Ebitda growth seen in 2021 throughout the first quarter of 2022. In addition, reports a positive contribution to the group from the integration of Filta Group Holdings PLC. "Overall, the group is trading well, and the board looks forward to the rest of the year with considerable confidence".

----------

Bushveld Minerals Ltd - Guernsey-based vanadium producer with assets in South Africa - For the three months ended March 31, total production edges 1% higher at 972 metric tonnes vanadium, from 962 mtV the previous quarter, due to continued operational stability. Meanwhile, total sales grow 9% to 857 mtV from 788 mtV the same period a year prior. Looking ahead, Bushveld remains on track to meet annual production guidance of 4,200 mtV - 4,400 MtV.

----------

Shanta Gold Ltd - east Africa-focused gold producer, developer and explorer - For the first quarter of 2022, production dips to 11,408 ounces of gold from 12,244 ounces the previous quarter, in line with guidance set in January. The West Kenya project has upgraded its mineral resource estimate, with a 31% increase to 1.55 million ounces and sharp jump in indicated resources to 378,000 ounces grading at 11.7 grams per tonne.

----------

Manolete Partners PLC - London-based insolvency litigation financing - Receives all expected cash amounting to GBP5.6 million, following the completion of one of its larger case investments for GBP9.5 million, first mentioned in mid-April. Back then, the company says earnings before interest and tax between GBP5 million and GBP6 million to fall below market expectations for year ended March 31.

----------

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
16 Apr 2019 12:44

Tuesday broker round-up

(Sharecast News) - Galliford Try: Peel Hunt downgrades to hold with a target price of 700p.

Read more
15 Apr 2019 11:18

SigmaRoc Acquires 40% Stake In GDH Holdings For GBP5 Million

LONDON (Alliance News) - Construction materials group SigmaRoc PLC said on Monday it has acquired a 40% stake in South Wales-based quarrying group GDH (Holdings) Ltd for GBP4.9 million.In a

Read more
15 Apr 2019 09:48

SigmaRoc buys chunk of Welsh quarry operator GDH

(Sharecast News) - Buy-and-build construction materials group SigmaRoc has acquired a 40% equity interest in south Wales quarrying group GDH for a cash consideration of £4.89m, it announced on Monday.

Read more
1 Feb 2019 14:04

SigmaRoc Issues GBP750,000 Of Shares For 2017 Poundfields Deal (ALLISS)

LONDON (Alliance News) - SigmaRoc PLC on Friday said it has issued shares as part of the deferred consideration made for an acquisition in 2017.Construction materials firm SigmaRoc bought a

Read more
25 Jan 2019 14:07

SigmaRoc Raises GBP12 Million Toward CCP Building Products Purchase (ALLISS)

LONDON (Alliance News) - SigmaRoc PLC on Friday said it raised GBP12.4 million in cash to part-fund the initial consideration for the acquisition of CCP Building Products Ltd.Back in the to

Read more
24 Jan 2019 13:25

SigmaRoc Increases Santander Facility To GBP34 Million (ALLISS)

LONDON (Alliance News) - SigmaRoc PLC on Thursday said it entered into an agreement with Santander UK PLC to increase its credit facilities to GBP34 million.The company will use the funds

Read more
17 Jan 2019 14:29

SigmaRoc Refinances Convertible Loan Notes; 2018 Revenue Surges (ALLISS)

LONDON (Alliance News) - SigmaRoc PLC on Thursday said it expects to report double digit revenue growth in 2018 on improved performance of its Ronez division.The AIM-listed construction it

Read more
10 Jan 2019 13:19

SigmaRoc Hires Tarmac Director McClelland To Help With Foelfach Quarry

LONDON (Alliance News) - SigmaRoc PLC on Thursday said it appointed David McClelland as managing director following the purchase of Foelfach quarry located in Carmarthenshire, south AIM-listed the

Read more
10 Jan 2019 11:40

SigmaRoc strengthens focus on west and south west UK

(Sharecast News) - Buy-and-build construction materials group SigmaRoc updated the market on two key developments in the continued roll-out of its growth strategy on Thursday.

Read more
10 Dec 2018 15:35

SigmaRoc Buys Concrete Firm CCP, Adjusts Debt Amid Strong Results

LONDON (Alliance News) - Construction materials firm SigmaRoc PLC said Monday it has acquired a concrete firm for GBP15 million amid "strong" results for the firm during the first ten of

Read more
7 Nov 2018 11:46

SigmaRoc Director Drinkwater Resigns Due To Personal Health Reasons

LONDON (Alliance News) - Buy-and-build construction material company SigmaRoc PLC said Wednesday that Director Gary Drinkwater resigned from the board with immediate effect.Drinkwater down

Read more
28 Sep 2018 14:06

SigmaRoc Half-Year Revenue And Profit Jump; Will Meet Annual Targets

LONDON (Alliance News) - SigmaRoc PLC on Friday reported a sharp rise in first half profit and revenue on the back of a contribution from acquisitions and a good performance in the Channel Islands

Read more
21 May 2018 11:50

SigmaRoc Swings To Profit In 2017 After Ronez Acquisition

LONDON (Alliance News) - SigmaRoc PLC said on Monday that it swung to a profit in 2017 as a result of acquiring Ronez Ltd.For the year ended December 31, the construction company made a of

Read more
5 Jan 2017 09:04

SigmaRoc completes first acquisition and £50m placing

(ShareCast News) - SigmaRoc, formed as a cash shell with a buy-and-build strategy focused on the construction materials sector, has completed its acquisition of Ronez from concrete colossus LafargeHolcim group, for £45m in cash. The acquisition, which constituted a reverse takeover of the company du

Read more
15 Dec 2016 09:06

SigmaRoc to buy Channel Islands-based building supplier for £45m

(ShareCast News) - Construction investor SigmaRoc is to buy channel Islands-based building product supplier Ronez for £45m in cash after raising £50m in equity. The AIM-listed company is to buy Ronez, a subsidiary of Aggregate Industries, which is part of the LafargeHolcim Group, a Swiss building ma

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.