Xeros Tech Share News (XSG)

TRADING UPDATES: NWF beats market view; AFC hydrogen offering progress

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

EXECUTIVE CHANGES: Record founder retires; Bivictrix appoints new CFO

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Wednesday and not separately reported by Alliance News:

Xeros Technology appoints new director of finance

(Sharecast News) - Laundry technology developer Xeros announced the appointment of Alex Tristram as its director of finance and company secretary on Thursday.

LONDON MARKET MIDDAY: Powell offers tonic after US jobs spooked stocks

(Alliance News) - London's FTSE 100 traded not far off its best-ever level at midday on Wednesday, with equities supported by a more bullish forecast for the UK economy and Federal Reserve Chair Jerome Powell taking a softer tone than feared in a speech on Tuesday.

IN BRIEF: Xeros Technology shares down as annual loss set to widen

Xeros Technology Group PLC - Rotherham, England-based environmental technology firm - Expects 2022 adjusted loss before interest, tax, depreciation, and amortisation to be 5% to 10% wider than prior guidance, due to the timing of commercial milestone payments and as a result of some "minor restructuring undertaken during the latter part of financial 2022 with associated costs of GBP300,000". Says the restructuring is expected to reduce its ongoing cash run-rate. Xeros believes market consensus for its 2022 adjusted Ebitda loss stands at GBP6.8 million. For 2021, the adjusted Ebitda loss was GBP6.3 million.

IN BRIEF: Xeros Technology partner to launch new washing machines

Xeros Technology Group PLC - Rotherham, England-based environmental technology firm - Says its partner IFB Industries Ltd, an India-based domestic and commercial washing machine manufacturer, has confirmed it will launch new premium domestic washing machines which are designed for large households and incorporating Xeros' Care technology in its Indian retail stores by the end of 2022.

Xeros reports progress with India laundry machine partner

(Sharecast News) - Clothing and laundry technology developer Xeros updated the market on Wednesday on its domestic and commercial laundry partnership with IFB Industries - India's largest domestic and commercial washing machine manufacturer.

UK shareholder meetings calendar - next 7 days

TRADING UPDATES: Steppe Cement revenue up; H&T raises GBP16.9 million

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

EARNINGS SUMMARY: Provexis, Thruvision loss narrows; Unigel revenue up

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

Xeros Technology signs accord for manufacture of XFilter technology

(Alliance News) - Xeros Technology Group PLC on Tuesday said it has signed a joint development agreement with a "global" washing machine component manufacturer for its XFilter technology.

IN BRIEF: Xeros hires Strix UK managing director as new CEO

Xeros Technology Group PLC - Rotherham, England-based environmental technology firm - Hires Neil Austin as chief executive officer, effective on August 1. Outgoing CEO Mark Nichols will step down on that day and leave the company on September 30 this year.

UK shareholder meetings calendar - next 7 days

Xeros Technology expects to break even in 2024 as pretax loss narrows

(Alliance News) - Xeros Technology Group PLC on Wednesday said 2021 revenue was up 23% and it looks ahead with optimism as the firm signed a "landmark" deal in June.

AIM WINNERS & LOSERS: Learning Technologies confident of progress

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