The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksVarious Eat. Share News (VARE)

Share Price Information for Various Eat. (VARE)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 22.50
Bid: 20.00
Ask: 25.00
Change: 0.00 (0.00%)
Spread: 5.00 (25.00%)
Open: 22.50
High: 22.50
Low: 22.50
Prev. Close: 22.50
VARE 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, Bloomsbury Expect Strong Annual Performance

Fri, 29th Jan 2021 12:06

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

----------

Novacyt SA - Anglo-French biotechnology group focused on clinical diagnostics - For 2020, revenue sharply rises to EUR311.6 million from EUR13.1 million the year before, while earnings before interest, tax, depreciation and amortisation is set to be above EUR210 million, compared to EUR200,000 the prior year. Looking ahead, expects demand for its Covid-19 product to remain strong throughout most of 2021, although it remains difficult to give a clear forecast.

----------

Bloomsbury Publishing PLC - London-based fiction and non-fiction publisher - For the year ending February 28, profit and revenue is set to be ahead of market expectations, due to strong trading in the Consumer division for both Adult and Children's publishing. Consensus market expectations for the year has pretax profit at GBP12.1 million and revenue at GBP161.8 million.

----------

Sylvania Platinum Ltd - Platinum group metals producer - For the second quarter ended December 31, Sylvania Dump Operations declared 18,363 ounces of 4E platinum group metals, up 2% from 17,972 ounces the prior quarter. Net profit increases by 1% quarter-on-quarter to USD20.3 million, on revenue that increases by 2% to USD43.7 million.

----------

Restore PLC - AIM-listed support services company - For 2020, predicts underlying pretax profit to be in line with market expectations following improved customer activity levels in the second half. For the fourth quarter, overall activity levels increase to 87% of pre-Covid levels. Net debt as at December 31 is GBP66.1 million, compared to GBP88.5 million the year before.

----------

YouGov PLC - London-based research data and analytics group - For the six months to the end of January, trading is expected to be in line with management expectations, with revenue growth across all three divisions. Higher demand for more tactical, fast turnaround projects leads to growth from the Data Services business. However, headline operating profit will be hit by an increased non-cash share-based payments charge.

----------

Great Western Mining Corp PLC - mineral explorer with assets in Nevada - At Olympic Gold project, survey results indicate strong magnetic anomaly beneath the Trafalgar Hills prospect, which indicates the potential for precious metals. Trial processing of precious metals ongoing but placed on hold due to severe winter weather. Will hold extraordinary general meeting for migration of settlement system for company's shares on February 15.

----------

Jade Road Investments Ltd - Asia-focused small-business investor - Notes favourable macroeconomic backdrop, with Asian economies expected to lead world back to growth. Has investment pipeline focused on high growth and topical sectors such as healthcare technology, fintech and e-commerce. Expects to make at least one new investment in the first half of 2021.

----------

Inspired Energy PLC - Lancashire-based energy procurement consultant - Due to resilient performance in fourth quarter of 2020, for entire year expects underlying earnings before interest, tax, depreciation and amortisation in line with market consensus. As at December 31, order book up 9.6% at GBP63.0 million from GBP57.5 million the year before on new customer wins.

----------

Impact Healthcare REIT PLC - real estate investment trust - As at December 31, net asset value per share up at 109.58 pence from 109.06p at the end of September. Will pay dividend of 6.29 pence per share for 2020 as a whole, and is targeting a 1.9% increase to 6.41p for 2021. Portfolio value at GBP418.8 million, a 4.9% increase over the quarter.

----------

Inspecs Group PLC - eyewear design house and manufacturer based in Bath - For 2020, revenue down 25% at USD46.2 million from USD61.2 million the year before. Integration of recent acquisition Norville Group Ltd is complete and the integration of Eschenbach Optik GmbH is proceeding as planned.

----------

Various Eateries PLC - Restaurants operator - Receives interim payment of GBP2.5 million under Business Interruption Insurance policy, which supports the group's overall liquidity. Is still exploring several desirable sites for expansion across the UK, however has held off on signing new leases. Also withdrawing future guidance due to continued pandemic uncertainty.

----------

Pelatro PLC - London-based marketing software firm - For January to date, annual recurring revenue run rate up 35% at USD5.4 million, from USD4.0 million the same month the year before. Unnamed Asian telecommunications firm has chosen Pelatro's mViva platform for campaign management operations over three-year term. Revenue from contract expected to be between USD1 million and USD1.2 million.

----------

Braveheart Investment Group PLC - AIM-listed investment company with six strategic investments - Investee Paraytec Ltd has noted that despite delayed delivery of 500 clinical samples from Sheffield Hospitals Trust, the pipeline is now operational, and the samples used to test operational parameters for Covid-19 test which is in development. Results from the testing are expected by the end of February.

----------

Xpediator PLC - freight management services in UK and eastern Europe - Following higher than expected demand for services in November and December, expects 2020 adjusted pretax profit at GBP7.2 million, up 40% from GBP5.2 million in 2019. "2021 has begun well across the group during which we expect to benefit from the permanent GBP500,000 of cost reductions made in 2020, the first full year of revenues from the Nidd Transport acquired in October and the ongoing uplift in demand for our services across the group," says Chief Executive Officer Robert Ross.

----------

Tricorn Group PLC - pipe manufacturer based in Malvern, Worcestershire - For the first quarter ended December 31, notes increased demand levels from several customers, providing additional availability in the UK from the group's invoice discounting facility. In addition, following stocktakes conducted at both UK sites, Tricorn has made a 2% gain in gross inventory. Looking ahead, with increasing demand, more stock will be necessary to minimise supply chain delays.

----------

OPG Power Ventures PLC - Indian power plant operator - For the nine months ended December 31, total generation dropped by 30% to 1.47 billion units from 2.09 billion units the same period the year before. Plant load factor was 54%, compared to 77%, and average tariff is INR5.52, down 2.6% from INR5.67. However, still expects to meet market expectations for its full-year results and show "good profitability". "This board anticipates that OPG will provide returns to the company's shareholders in near term by resuming dividend payments in accordance with the company's dividend policy based on the FY21 results," company says.

----------

Salt Lake Potash Ltd - Western Australia focused organic sulphate of potash miner - Within three months ended December 31, reaches financial close for Lake Way salt of potash project in Wiluna, Australia, while harvesting of potassium rich kainite and schonite sales from train one has started. In addition, as at December 31 the process plant is 88% complete.

----------

Argo Blockchain PLC - London-based cryptocurrency mining - Brings new S19 and S19 pro machine onstream, and is expected to add 127 petahash to company's existing mining fleet, bringing the total installed computing power to 772 petahash.

----------

Prairie Mining Ltd - Poland-focused coal development firm - Continues with claim against the Republic of Poland under both the Energy Charter Treaty and the Australia-Poland Bilateral Investment Treaty. Company alleges that Poland has breached the treaties by blocking the development of the Jan Karski and Debiensko mines, depriving "Prairie of the entire value of its investments in Poland". With a USD12.3 million litigation funding agreement in place, Prairie is well funded to pursue the claim.

----------

Berkeley Energia Ltd - clean energy company focused on bringing its wholly owned Salamanca project in Spain into production - During three months ended December 31, received notification from the Ministry for Ecological Transition & the Demographic Challenge, granting the renewal of the initial authorisation for the uranium concentrate plant as a radioactive facility at Salamanca, until the ongoing Authorisation for Construction application is resolved.

----------

Red Emperor Resources NL - West Perth, Australia-based AIM cash shell - During the three months ended December 31, has continued to evaluate deal opportunities, with several potential projects in the oil & gas sector considered.

----------

Pensana Rare Earths PLC - exploration and development company - Within three months ended December 31, planning application was submitted to set up rare earth oxide separation facility at the Saltend Chemicals plant in Yorkshire. In addition, confirms high grade rare earths in soil samples at the Coola exploration project, located 16 kilometres north of the flagship Longonjo project.

----------

Palace Capital PLC - investment company with portfolio of UK commercial real estate located outside of London - For 2020 as a whole, 92% of all rent due has been collected, while discussions are ongoing for the outstanding rent. For the first quarter of 2021 to date, 86% of rent has either been collected or will be received under monthly payment plans. The collection rate is set to improve over the next few weeks.

----------

EJF Investments Ltd - closed-ended investment firm focused on assets benefiting from regulatory and structural change in the financial services sector - With effect from February 15, will no longer hedge 100% of its US dollar exposure, and will look to hedge only the final sterling capital entitlement of its outstanding 2022 and 2025 zero dividend preference shares. "The board anticipates that the reduction in the hedging costs together with the release of the cash on hand for pipeline investments will positively contribute to the company's overall investment returns," the group states.

----------

Thor Mining PLC - Australia-focused exploration and development company - For the three months ended December 30, has located 13 kilometre anomalous gold trend in the Ragged Range project following geochemical sampling. Looking ahead, expects to start initial drilling programme in first quarter of 2021. In its Copper operations, has singed joint venture farm-in to acquire up to 80% in Alford East ISR project, while in Uranium & Vanadium, has started panning and permitting for initial drill testing of the Colorado claims.

----------

Next Fifteen Communications Group PLC - London-based digital communication group - For final quarter ending January 31, revenue is expected to be up 9% from same period the year before, fostering confidence for the year as a whole, the company's performance will be ahead of market expectations.

----------

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
12 Mar 2024 14:30

UK shareholder meetings calendar - next 7 days

Wednesday 13 March 
abrdn China Investment Co LtdGM re liquidation
Safestore Holdings PLCAGM
Wincanton PLCGM re takeover by CEVA Logistics
Thursday 14 March 
Angus Energy PLCGM
Bank of Georgia Group PLCGM re acquisition of Ameriabank CJSC
Blackrock Sustainable American Income Trust PLCAGM
Friday 15 March 
BlackRock Energy & Resources Income Trust PLCAGM
Chrysalis Investments LtdAGM
Quantum Exponential Group PLCGM re delisting from AQSE
TruSpine Technologies PLCAGM (adjourned 2022)
United Oil & Gas PLCGM re fundraise and share sub-division
Monday 18 March 
MGC Pharmaceuticals LtdGM re change of company name to Argent Biopharma
Schroder European Real Estate Investment Trust PLCAGM
Tuesday 19 March 
BlackRock Throgmorton Trust PLCAGM
Crest Nicholson Holdings PLCAGM
Eco Animal Health Group PLCGM re share buybacks
Gresham House Renewable Energy VCT 1 PLCAGM
Gresham House Renewable Energy VCT 2 PLCAGM
Nuformix PLCAGM
Scirocco Energy PLCGM re requisitioned resolution to implement cash strategy
Various Eateries PLCAGM
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
1 Feb 2024 12:25

IN BRIEF: Various Eateries optimistic for future as annual loss lower

Various Eateries PLC - London-based operator of UK restaurants under Coppa Club, Tavolino and Noci brands - Pretax loss narrows to GBP6.7 million in the financial year ended October 1 from GBP7.2 million the year prior. Revenue climbs 12% to GBP45.5 million from GBP40.7 million. Depreciation and amortisation costs increase 18% to GBP5.6 million from GBP4.7 million. Looking ahead, Various Eateries says sales in first quarter of financial 2024 are in line with own expectations. "As we move into the second quarter, we are optimistic that inflationary pressures will continue to ease and interest rates will at least not rise further, but this remains difficult to predict," it says. "Regardless, we will continue to focus on what is within our control - growing the top line and taking action to ensure high levels of customer satisfaction and improving operational efficiency."

Read more
6 Dec 2023 16:04

UPDATE: Various Eateries completes GBP10.1 million via placing

Various Eateries PLC - London-based operator of UK restaurants under Coppa Club, Tavolino and Noci brands - Raises GBP10.1 million in gross proceeds, or GBP9.7 million in net proceeds, via the placing of 40.4 million new shares at a price of 25 pence per share. Proceeds will be used to roll out up to three new Coppa sites and ten new Noci sites over the next 18 months. Expects admission of shares to trading on AIM to begin on December 27. Also executes converting deep discounted bond and certain secured loan agreements into new shares at the placing price. Company issued the bond, which has a nominal value of GBP10.8 million, to Friends Provident in mid-April. The loan agreements are with TDR Capital Ltd and Anella Ltd, which is owned and controlled by Executive Chair Andy Bassadone.

Read more
6 Dec 2023 13:55

IN BRIEF: Various Eateries announces GBP10 million placing

Various Eateries PLC - London-based operator of UK restaurants under Coppa Club, Tavolino and Noci brands - Announces conditional placing to raise approximately GBP10 million by issuing new shares "to certain existing shareholders and other investors" at 25 pence each. Price represents a discount of around 3.9% to the closing price of 26p per share on Tuesday. Proceeds will be used to roll out up to three new Coppa sites and ten new Noci sites over the next 18 months.

Read more
5 Dec 2023 18:09

EARNINGS AND TRADING: Oxford Metrics revenue up; TPXimpact loss widens

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

Read more
1 Nov 2023 11:53

Various Eateries says annual revenue outperforms market expectations

(Alliance News) - Various Eateries on Wednesday reported a sound performance for its financial year, citing high footfall in city centre locations in Bath and Guildford.

Read more
1 Nov 2023 09:28

Various Eateries trades in line with FY expectations

(Sharecast News) - Leisure group Various Eateries said on Wednesday that it had traded in line with full-year expectations as the firm built upon its experiences of "navigating challenging market conditions".

Read more
11 Sep 2023 12:09

IN BRIEF: Various Eateries CEO Yishay Malkov resigns immediately

Various Eateries PLC - London-based operator of 18 Coppa Club, Tavolino and Noci restaurants in UK - Chief Executive Officer Yishay Malkov resigns from his post and from the board immediately, having served for three years. Andy Bassadone will continue to lead Various Eateries as executive chair, focused on the Noci brand. Rebecca Tooth remains managing director of Coppa Club. The executive team also includes Founder Hugh Osmond and Chief Financial Officer Sharon Badelek.

Read more
28 Jun 2023 12:26

IN BRIEF: Various Eateries shares plunge as interim loss widens

Various Eateries PLC - London-based chain of restaurants, clubhouses and hotels such as Coppa Club - Posts revenue of GBP20.6 million for the six months ended on April 2, up 16% from GBP17.7 million the year before. Says it is "pleased with the revenue performance, particularly given the challenging economic environment, disruptions from train strikes, and an unseasonably wet and dull spring". Pretax loss, however, widens to GBP4.3 million from GBP2.6 million, as operating loss widens to GBP3.2 million from GBP1.7 million the year before. Staff costs increase to GBP1.7 million from GBP1.3 million.

Read more
22 Mar 2023 15:50

UK shareholder meetings calendar - next 7 days

Thursday 23 March 
Blackrock Throgmorton Trust PLCAGM
Crest Nicholson Holdings PLCAGM
Driver Group PLCAGM
Goldplat PLCAGM
Hardide PLCAGM
Idox PLCAGM
LPA Group PLCAGM
Zaim Credit Systems PLCGM re director removal and name change to Adalan Ventures PLC
Friday 24 March 
Faron Pharmaceuticals LtdAGM
In The Style Group PLCGM re sale of only subsidiary; becoming cash shell named Itsum PLC
Kitwave Group PLCAGM
Midatech Pharma PLCGM re cancellation of the admission to trading on AIM and name change
Quartix Technologies PLCAGM
SME Credit Realisation Fund LtdEGM re cancellation of the company's listing
Monday 27 March 
Let's Explore Group PLCGM re off-market purchase of the Company's ordinary shares 
Oncimmune Holdings PLCGM re directors' remuneration
Tuesday 28 March 
Autins Group PLCAGM
Cindrigo Holdings LtdAGM
Ground Rents Income Fund PLCAGM
Wednesday 29 March 
Various Eateries PLCAGM
Versarien PLCAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
28 Feb 2023 14:34

EARNINGS UPDATES: Kitwave hails rise in annual revenue and profit

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

Read more
16 Feb 2023 21:35

TRADING UPDATES: Heavitree profit soars; Riverstone net assets rise

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

Read more
9 Feb 2023 09:42

Various Eateries hires new chief financial officer, replacing interim

(Alliance News) - Various Eateries PLC on Thursday said it has appointed Sharon Badelek to the board as chief financial officer, effective April 1, replacing interim CFO James Darwent.

Read more
11 Nov 2022 14:42

IN BRIEF: Various Eateries hires James Darwent as interim CFO

Various Eateries PLC - London-based chain of restaurants, clubhouses and hotels such as Coppa Club - Hires James Darwent as interim chief financial officer, with immediate effect. He has over 15 years experience working in private equity-backed businesses and has previously held roles at restaurant operator of brands including Las Iguanas and Bella ItaliaBig Table Group, and hospitality company Casual Dining Group as finance director.

Read more
11 Nov 2022 13:15

Various Eateries appoints interim CFO to board

(Sharecast News) - Hospitality operator Various Eateries announced the appointment of James Darwent to the board as a director on Friday, with immediate effect.

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.