EARNINGS AND TRADING: Newbury revenue rises; NAHL swings to profit

Thu, 07th May 2026 12:33

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

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Newbury Racecourse PLC - Newbury, England-based horse racing, entertainment and events business - Pretax profit in 2025 is steady at GBP1.1 million, as revenue advances to GBP22.4 million from GBP22.0 million. Newbury maintains its dividend at 6 pence per share.

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NAHL Group PLC - Kettering, England-based consumer marketing services provider focused on the legal services sector - The consumer marketing services provider, focused on the legal services sector, reports a swing to 2025 pretax profit of GBP4.4 million, from a loss of GBP39.1 million in 2024. Revenue rises 3.2% to GBP40.0 million from GBP38.8 million. NAHL says: "The group has started 2026 well, and performance through the three months to 31 March 2026 was in line with the board's expectations."

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Journeo PLC - Leicestershire-based transport system services provider - Infotec units wins USD1.2 million order from Outfront Media Group for display systems for the Massachusetts Bay Transportation Authority in Boston, US. "This order will allow MBTA to benefit from a newly developed display format, designed and engineered by the group's Journeo Design Centre. The solution incorporates high-performance display technology and embedded systems to optimise operational reliability, enable remote diagnostics and support long-term asset performance in demanding transit environments," Journeo adds.

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Bango PLC - Cambridge, England-based digital payments firm - LinkedIn agrees to join Bango's Digital Vending Machine. The move means LinkedIn can broaden the reach of its premium offering through partnerships with banks, retailers and telecoms firms.

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Strix Group PLC - supplier of kettle safety controls - It expects to report adjusted pretax profit of GBP9.8 million and revenue of GBP150 million for the 15 months to March 31. The company had changed its year-end date from December 31. "Whilst market conditions remain challenging, Strix is encouraged to report that the early indications of post-tariff improvement in the Controls division that it experienced in the three months to December 2025, have continued to build in the first three months of 2026. Trading volumes, outside of the China domestic market, are now consistently ahead of the comparable period in 2025," Strix adds. Strix says a process to recruit a new chief executive officer is "progressing well". The process is being led by Chair Garry Lamb. "Mark Bartlett will be stepping down as planned at the end of May 2026. Gary Lamb will support an orderly transition covering the period between Mark Bartlett stepping down and the new CEO joining the board. A further announcement will be made in due course," Strix says.

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Supreme PLC - Manchester, England-based consumer products distributor - Announces licensing partnership with luxury lifestyle brand Tonino Lamborghini for the development and distribution of a premium energy drink range across the UK, Europe, the Middle East and China. "The Tonino Lamborghini energy drinks range will be developed by Supreme's innovation and product development teams, manufactured at the group's Clearly Drinks facility, and distributed through Supreme's established supply chain network," Supreme adds.

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Seed Innovations Ltd - investing company focused on life sciences and technology - Seed invests in Feather Robotics Inc, to the tune of USD1.0 million. It comes in the form of a "simple agreement for future equity". "The SAFE will convert into equity at the next qualifying funding round or other liquidity event, at the lower of the valuation of that round and a USD60 million valuation cap," Seed says. Feather is developing modular humanoid robotic systems designed for industrial applications.

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ICG-Longbow Senior Secured UK Property Debt Investments Ltd - investor in UK real estate debt - Net asset value per share at January 31 year end declines to 17.15 pence per share from 27.15p 12 months prior. Its investment portfolio comprises two loans with a combined principal balance of GBP42.0 million. "The company is seeking to realise the remaining investments, through either enforcement processes or open market sales. The investment manager continues to seek opportunities to enhance value and so maximise recoveries," ICG adds.

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Schroders Capital Global Innovation Trust PLC - investment trust in managed wind-down - Updates on planned second tender offer worth GBP20 million in total. It is being made at 21.43 pence per share. Schroders Capital says its net asset value per share at March 31 is down to 137.6 pence from 141.2p at the end of December, a decline of 2.5%. "The most significant detractor from performance over the quarter was in the company's growth holdings, which saw a fair value loss of GBP9.8 million, contributing a 6.9% decrease to the overall NAV. This was primarily driven by weakness in public market comparables and valuation-multiple compression across sectors impacting Back Market and AI Company II. In addition, heightened geopolitical volatility in the Middle East, which affected energy markets and supply chains, resulted in similar dynamic which impacted input-exposed companies like AgroStar," it adds.

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SulNOx Group PLC - London-based green fuel technology developer - Reports grant of patent in Algeria, covering fuel oil reclamation technology. It extends is intellectual property "into a strategically significant North African and Mediterranean market".

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PetroTal Corp - oil and gas development and production company focused on Peru - Oil revenue in first quarter of 2026 falls to USD66.0 million from USD110.0 million a year prior, but up on-quarter from USD55.0 million. The average Brent price is higher on-year at USD74.65 from USD73.96, though sales volumes fall to 1.3 million from 2.1 million. Net income roughly halves to USD15.3 million from USD30.9 million a year prior. Adjusted earnings before interest, tax, depreciation and amortisation fall to USD35.1 million from USD71.9 million. For the full-year, however, it ups its adjusted Ebitda view to a USD110 million to USD120 million, from USD30 million to USD40 million previously. "This updated guidance is driven solely by changes in the company's oil price assumptions. PetroTal is not currently anticipating any material changes to its previously disclosed production outlook, major operating cost assumptions, or 2026 capital expenditure budget," it adds.

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Halo Minerals PLC - focused on Playa Verde copper tailings asset in Chile - Files application with Delegado Provincial de Chanaral in Chile for authorisation to conduct mining activities. Subject to permit approval, site works at Playa Verde are to begin at the end of 2026. "The application requests permission to conduct mining activities on the beach areas containing historic tailings deposits and follows the EIA approval which was favourably granted in October 2025," Halo Minerals says.

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Blencowe Resources PLC - developing Orom-Cross graphite project in Uganda - Graphite concentrate from Orom-Cross has been utilised in a rocket component testing programme in California, US. Initial test firing was successful with "early observations indicating encouraging performance in high-temperature applications". "These latest tests are an encouraging validation step to highlight the importance of high-quality graphite in specialist defence, aerospace and energy applications," Executive Chair Cameron Pearce says. The work was conducted by American Energy Technologies Co.

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By Eric Cunha, Alliance News news editor

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