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Pin to quick picksTotally Share News (TLY)

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Share Price: 5.25
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TRADING UPDATES: 600 Group "leaner"; Totally doubles interim payout

Mon, 15th Nov 2021 14:48

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

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600 Group PLC - West Yorkshire, England-based manufacturer and distributor of machine tools, precision engineered components and industrial laser systems - Revenue in six months to September 30 rises 34% to USD34.0 million from USD25.4 million a year earlier. Swings to USD694,000 pretax profit from USD1.2 million loss. Says orderbook stands at USD23 million, a record level and more than double from a year earlier. "We have emerged from the pandemic with a record orderbook, strengthened operations and the foundations for sustained growth," Chair Paul Dupee says. 600 says it has made a strong recovery and has emerged a "leaner organisation".

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Totally PLC - Derby-based healthcare service provider that spans public and private sectors - Revenue in six months to September 30 increases 14% to GBP61.6 million from GBP54.1 million a year earlier. Pretax profit surges to GBP921,000 from GBP61,000. "These results demonstrate continued success in the first half of the year. With the winter months approaching, which bring high levels of uncertainty across all healthcare sectors, the board is confident that the outcome for the remainder of the group's trading year to 31 March 2022 will be in line with current consensus," Totally says. It doubles payout to 0.5 pence per share from 0.25p.

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Value & Indexed Property Income Trust PLC - investment company mainly focused on UK commercial properties as well as UK property-backed securities - Says net asset value per share at September 30 increases 7.2% to 290.52 pence per share, from 271.10p at March year end. Ups interim payout by 3.4% to 6.00p from 5.80p. Savills values company's estate at GBP110.1 million at September end, up from GBP80.6 million at end of March. During period, eight new properties were purchased for GBP22.5 million.

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Triple Point Income VCT PLC - renewable energy investor - Net asset value per share declines across board in six months to September 30. For C shares, NAV per share falls 2.1% to 81.56 pence from 83.30p in March. Over same period, D shares NAV per share down 1.7% to 58.57p from 59.59p. For E shares, NAV per share down by a chunkier 3.4% to 91.38p from 94.59p. Company says: "During the period we have seen the welcome lift of restrictions imposed due to the Covid-19 pandemic, and the refocus of the market onto other globally important issues, including the part that renewable energy has to play in tackling climate change and the role that intermittent energy generation plays to support the rise of renewables. We have also seen volatility of power prices. However, as the majority of our revenues are generated from renewable incentive schemes, the company's investments in both hydroelectric schemes and rooftop solar companies have not been materially adversely affected by this volatility."

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Condor Gold PLC - mine developer in Nicaragua - In third quarter ended September 30, Condor generates no revenue, unchanged annually. Pretax loss stretches to GBP591,827 from GBP377,286. Share-based payments increase 61% to GBP151,963 from GBP94,514 a year earlier. Administrative expenses rise 56% to GBP439,864 from GBP282,772. Condor Chair and Chief Executive Mark Child says third quarter focus was furthering La India project in Nicaragua to "shovel-ready status". "Several significant step-out and in-fill exploration programs were either advanced or completed. Additionally, the company provided the key findings of a technical report on the project which summarizes the results of a strategic mining study to Preliminary economic assessment standards," Child says.

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Pure Gold Mining Inc - Vancouver, Canada-based gold miner - Says third quarter pretax loss widens to CAD13.2 million from CAD9.7 million a year earlier. Posts no revenue, unchanged annually. Third-quarter gold production of 9,260 ounces, up 54% on the second quarter, with average daily throughput of 685 tonnes.

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Canadian Overseas Petroleum Ltd - oil and gas exploration focused on Nigeria and the US state of Wyoming - Says petroleum sales, net of royalties, amount to USD5.2 million in third quarter, after achieving none a year prior. Makes USD2.5 million unrealised loss and USD648,000 realised loss on crude derivates. It means revenue amounts to USD2.1 million. It did not post third quarter revenue a year earlier. Swings to net profit of USD7.5 million from USD2.1 million loss.

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MTI Wireless Edge Ltd - Israel-based communication and radio frequency technology - Posts results for nine months ended September 30. Revenue rises 8.1% to USD32.1 million from USD29.7 million a year earlier. Pretax profit increases 7.0% year-on-year to USD3.1 million from USD2.9 million. CEO Moni Borovitz says third quarter was "positive". "Operationally we are close to normal now, with nearly all of our markets functioning as they did pre-pandemic, but travel limitations and the availability and cost of shipment continue to be part of our challenges as part of the 'new normal'," Borovitz adds.

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By Eric Cunha; ericcunha@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
4 May 2022 14:26

IN BRIEF: Totally receives five-year extension for Royal Mail contract

Totally PLC - Derby-based healthcare service provider that spans public and private sectors - Says its subsidiary Energy Fitness Professionals received a five-year extension for its contract with Royal Mail PLC for the delivery of onsite gyms. Says the contract is valued at a total of GBP2.5 million. Adds that EFP has managed the Royal Mail's onsite gyms for 18 years. The contract covers the management of 34 sites across the UK, the introduction of a digital offering called Health Hub, and the trial of a new wellbeing consultation protocol for gym members called Health Fair.

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3 May 2022 12:01

Totally signs trio of contract extensions worth GBP4.2 million

(Alliance News) - Healthcare service provider Totally PLC on Tuesday said it has signed three contract extensions for the provision of out-of-hours GP services across the North East of England.

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25 Apr 2022 17:33

TRADING UPDATES: CentralNic, Mind Gym anticipate growth in revenue

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

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25 Apr 2022 10:12

Totally expects FY EBITDA to be 'substantially ahead' of consensus estimates

(Sharecast News) - Healthcare services provider Totally said on Monday that full-year underlying earnings were expected to be "substantially ahead" of consensus expectations of £5.4m and the £5.0m reported last year.

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14 Apr 2022 11:30

TRADING UPDATES: Norcros and Totally to deliver ahead of expectations

(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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7 Mar 2022 20:26

IN BRIEF: Totally to buy Pioneer Health Care for up to GBP13 million

Totally PLC - Derby-based healthcare service provider that spans public and private sectors - Enters agreement to acquire the entire issued share capital of Pioneer Health Care Ltd, an independent provider of specialist NHS secondary care services. The total consideration is up to GBP13.0 million on a cash-free and debt-free basis. Fee is to be paid 80% in cash and the remaining 20% will be satisfied by the issue of new ordinary shares in Totally. Says acquisition is immediately earnings enhancing and adds outsourcing capabilities to Totally's portfolio.

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7 Mar 2022 12:04

Canaccord Genuity nudges up target price on Totally

(Sharecast News) - Analysts at Canaccord Genuity slightly raised their target price on healthcare services provider Totally from 60.0p to 70.0p on Monday after the group's "immediately earnings enhancing" acquisition of Pioneer Health Care for up to £13.0m.

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9 Feb 2022 13:20

IN BRIEF: Totally wins NHS 111 contract extension in Staffordshire

IN BRIEF: Totally wins NHS 111 contract extension in Staffordshire

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9 Feb 2022 09:08

Totally secures NHS 111 contract extension

(Sharecast News) - Healthcare services provider Totally's urgent care division has been awarded a contract extension to NHS 111 services across Staffordshire and Stoke-on-Trent for a further year.

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2 Feb 2022 13:25

TRADING UPDATES: Longboat comes up empty; Intercede wins US contract

TRADING UPDATES: Longboat comes up empty; Intercede wins US contract

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2 Feb 2022 11:00

Totally wins two-year NHS contract extension

(Sharecast News) - Healthcare services provider Totally's urgent care division has been awarded a two-year contract extension worth approximately £1.3m per year for the provision of GP services to NHS North West London CCG.

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21 Jan 2022 09:45

Totally wins new contracts and extensions across England

Totally wins new contracts and extensions across England

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16 Dec 2021 21:57

IN BRIEF: Totally buys Energy Fitness for up to GBP1.3 million

IN BRIEF: Totally buys Energy Fitness for up to GBP1.3 million

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16 Dec 2021 09:51

Totally acquires corporate fitness provider Energy Fit-Pro

(Sharecast News) - Healthcare services provider Totally said on Thursday that it had acquired Energy Fitness Professionals, a British corporate fitness provider.

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