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 picksTracsis Share News (TRCS)

Share Price Information for Tracsis (TRCS)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 930.00
Bid: 920.00
Ask: 940.00
Change: 0.00 (0.00%)
Spread: 20.00 (2.174%)
Open: 930.00
High: 930.00
Low: 902.00
Prev. Close: 930.00
TRCS Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

EARNINGS SUMMARY: Tracsis declares dividend; Esken trims guidance

Wed, 09th Nov 2022 15:05

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

----------

Tracsis PLC- Leeds-based traffic and transportation data services firm - Pretax profit in the financial year that ended July 31 falls 43% to GBP2.6 million from GBP4.6 million a year prior. Revenue jumps to GBP68.7 million from GBP50.2 million. The company says drop in profit reflects increase in fair value of contingent consideration following strong underlying trading performance by 2019 acquisition Bellvedi, as well as transaction costs associated with acquisitions. Tracsis says it is well positioned to deliver further revenue growth in the coming year. Declares a total dividend of 2.0 pence, versus no dividend last year.

----------

Esken Ltd - London-based aviation services and renewable energy company - Pretax loss for the six months that ended August 31 widens to GBP12.7 million from GBP12.5 million a year prior. Total revenue increases by 13% to GBP58.1 million from GBP51.7 million. Based on these results, Esken revises its annual guidance for earnings before interest, tax, depreciation and amortisation to GBP22 million, tightened from previous guidance for Ebitda in excess of that figure.

----------

Smiths News PLC - Swindon, England-based newspaper and magazine wholesaler - Pretax profit in the financial year that ended August 27 falls 8.8% to GBP27.9 million from GBP30.6 million a year prior. Revenue falls by 1.8% to GBP1.09 billion from GBP1.11 billion. The company reduces bank net debt to GBP14.2 million. Says it performed ahead of market expectations by focusing on cost efficiency. Hikes full-year dividend to 4.15p, up from 1.65p a year ago. Chief Executive Officer Jonathan Bunting says: "Despite clear and obvious pressures in the wider economy we have maintained our focus, delivering results ahead of expectations...The increased dividend is in line with our goal of meeting the interests of all stakeholders and reflects our confidence in our markets and the determined capability of our people."

----------

Gelion PLC - Sydney-based battery cell developer - Pretax loss in the financial year that ended June 30 balloons to GBP9.2 million from GBP1.8 million a year prior. Income grows to GBP1.7 million from GBP1.6 million. Research and development costs widen to GBP3.0 million from GBP1.9 million, while listing and associated costs rise to GBP4.7 million versus none a year ago. John Wood was appointed as CEO and starts on November 21, replacing Hannah McCaughey, who held the role on an interim basis. Chair Steve Mahon says: "Gelion's first year as a PLC was one of strategic evolution, one in which the group has accelerated the delivery of its battery technology, underpinned by the recent first industrial production of Gelion's zinc-bromide battery." Gelion listed on AIM in November last year.

----------

Atalaya Mining PLC - Cyprus-based copper producer - Swings to pretax loss in three months ended September 30 of EUR7.2 million from EUR38.2 million a year prior. Revenue in the third quarter drops to EUR82.3 million from EUR107.2 million. The company says lower revenue was the result of lower copper prices, as well as lower copper concentrate volumes sold in the year-to-date. Expects costs to moderate in the fourth quarter and looks forward to 2023, when it will benefit from a new long-term power purchase agreement and the start-up of the 50-megawatt solar plant. Full year copper production guidance remains at 52,000 to 54,000 tonnes.

----------

Wynnstay Properties PLC - Powys, Wales-based agricultural supplies company - Pretax profit for the six months that ended September 29 narrows to GBP587,000 from GBP650,000 a year prior. Net property income marginally decreases to GBP800,000 from GBP839,000. The company says its rental portfolio was fully let at the end of the half-year, consistent with its past record of high occupancy and low voids. Declares increased interim dividend of 9.0p per share, up from 8.5p the previous year. Chair Philip Collins says: "We continue to monitor the portfolio and will work closely with our tenants in these extremely challenging times."

----------

By Holly Beveridge; hollybeveridge@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
4 Nov 2015 15:08

CORRECT: Tracsis Increases Dividend By 25% After Generating Record Revenue

Read more
4 Nov 2015 11:21

Tracsis Annual Profit Grows As Rise In Revenue Better Than Hoped

Read more
4 Nov 2015 10:55

Tracsis Increases Dividend By 25% After Generating Record Revenues

Read more
2 Nov 2015 16:11

Earnings, Trading Statements Calendar - Week Ahead

Read more
28 Sep 2015 09:39

Tracsis clinches SEP deal

(ShareCast News) - Software and technology products provider Tracsis has completed the acquisition of traffic planning and management services provider SEP in a cash and stock deal. The London-listed company has paid an initial £1.62m in cash and has issued 55,005 ordinary shares at 454.5p for a tot

Read more
7 Sep 2015 07:28

Tracsis To Acquire 29.4% Stake In Citi Logik For Up To GBP1 Million

Read more
12 Aug 2015 09:27

Tracsis shares up on full-year expectations

(ShareCast News) - UK software company Tracsis said it results were ahead of the prior year and market forecasts, sending shares upward. Shares in the AIM listed stock rose by 5.68% after the company said adjusted pre-tax profit would be "comfortably" ahead of market expectations of £5.5m and ahead

Read more
12 Aug 2015 07:29

Tracsis Says Results Set To Come In Ahead Of Market Expectations

Read more
15 Apr 2015 09:39

Tracsis sees H1 profits rise 24% on organic growth

Software group Tracsis remains on track to deliver full-year earnings in line with expectations after it posted an increase in revenues and profits during the first half of the year. Revenues were up 22% to £12m while pre-tax profits increased 24% to £3.2m. As a result, earnings per share rose to 8p

Read more
15 Apr 2015 08:44

Tracsis On Track After Reporting Higher First-Half Pretax Profit

Read more
3 Feb 2015 09:37

Tracsis Confident For Full-Year Expectations As First Half Ahead

Read more
22 Jan 2015 08:24

UK MORNING BRIEFING: Royal Mail, RSA Lead Gains Ahead Of ECB Meeting

Read more
22 Jan 2015 06:11

UK AGM, EGM Calendar - Week Ahead

Read more
21 Jan 2015 15:54

UK AGM, EGM Calendar - Week Ahead

Read more
21 Jan 2015 06:15

UK AGM, EGM Calendar - Week Ahead

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.