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AIM WINNERS & LOSERS: Iomart profit warning; Eneraqua revenue jumps

Tue, 11th Oct 2022 11:01

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

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AIM - WINNERS

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Eneraqua Technologies PLC, up 11% at 254.90 pence, 12-month range 190.00p-350.00p. For the six months ended July 31,the London-based energy and water efficiency solutions provider's revenue almost doubles to GBP24.2 million from GBP12.6 million. Pretax profit rises 7.3% to GBP3.0 million from GBP2.8 million.

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Sanderson Design Group PLC, up 8.1% at 104.81 pence, 12-month range 86.00p-212.44p. The interior designer says trading is in line with expectations. Revenue in the six months to July 31 inches up 0.7% to GBP57.9 million from GBP57.5 million a year earlier. Pretax profit increases 12% to GBP4.2 million from GBP3.8 million. Sanderson maintains its 0.75p per share interim payout.

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AIM - LOSERS

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Iomart Group PLC, down 5.1% at 149.50p, 12-month range 136.00p-200.00p. The cloud computing firm warns that margins are not expected to "fully recover" so profit for the year ending March will be at the lower end of board expectations. It does expect revenue and profit for the second half alone to top the levels seen in the six months to September 30, however.

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By Eric Cunha; ericcunha@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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