(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday.
----------
SMALL-CAP - WINNERS
----------
Luceco Group, up 3.9% at 263.50 pence, 12-month range 231p-299.50p. The LED products manufacturer reports "record-breaking performance in 2020". For 2020, revenue up 2.4% at GBP176.2 million from GBP172.1 million in 2019 and pretax profit almost doubles to GBP33.6 million from GBP17.1 million. Luceco declares total dividend of 6.2p, up from 2.3p in 2019.
Alfa Financial Software, up 1.5% at 138p, 12-month range 120p-143.27p. The asset finance industry software firm posts annual results ahead of original expectations for 2020 and ahead of last year. For 2020, revenue up 22% at GBP78.9 million from GBP64.5 million in 2019 and pretax profit up 78% at GBP23.2 million from GBP13.0 million. Alfa Financial Software to pay ordinary dividend of 1.0p per share and special dividend of 44.2p per share.
----------
SMALL-CAP - LOSERS
----------
Premier Oil, down 7.5% at 24p, 12-month range 16.75p-33.50p, EnQuest, down 5.7% at 19.32p, 12-month range 69.75p-84p. The oil and gas companies were tracking spot oil prices lower quoted at USD62.28 a barrel Tuesday morning, down sharply from USD64.21 late Monday. Oil markets extended recent losses on worries about the demand outlook as European countries including Germany and France reimpose strict lockdown measures.
DP Eurasia, down 5.1% at 60.67p, 12-month range 40.50p-85p. The master franchisee of the Domino's Pizza brand in Turkey, Russia, Azerbaijan and Georgia swings to loss in 2020. For 2020, reports revenue up 4.0% to TRY1.02 billion from TRY980.2 million in 2019 and swings to pretax loss of TRY85.2 million from profit of TRY18.4m year before. Company saw a slow start to 2020 and further depressed sales performance due to 72 days' curfew in Moscow during the second quarter.
----------
By Arvind Bhunjun; arvindbhunjun@alliancenews.com
Copyright 2021 Alliance News Limited. All Rights Reserved.
Enquest (ENQ)
Alfa Fin (ALFA)