Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full video here.

Less Ads, More Data, More Tools Register for FREE
Stefan Bernstein explains how the EU/Greenland critical raw materials partnership benefits GreenRoc
Stefan Bernstein explains how the EU/Greenland critical raw materials partnership benefits GreenRocView Video
Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors
Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investorsView Video

Latest Share Chat

SMALL-CAP WINNERS & LOSERS: Avon Protection secures US contract win

Wed, 07th Sep 2022 11:04

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday.

----------

SMALL-CAP - WINNERS

----------

Avon Protection PLC, up 29% at 955.89 pence, 12-month range 732.00p-2,178.00p. Receives order worth over USD15 million from US Department of Defense, as it reports improved trading in the second half of its financial year. Wins order for 380,000 pairs of M61 filters worth USD15.1 million from US government. Deliveries are expected to commence in early in its 2023 financial year. Notes performance for the soon-to-end financial year, excluding armor, should be "at least in line" with market expectations. Adds search for Chief Executive Paul McDonald's replacement is going well.

----------

Halfords Group PLC, up 15% at 152.80 pence, 12-month range 124.00p-374.40p. Says revenue growth in 20 weeks to August 19 was helped by product price cuts, and reconfirms its annual profit target. Total revenue in the 20-week period was up 9.2% year on year, but like-for-like sales were down 1.9%. Halfords pinned the revenue slowdown on a surge in sales when the UK emerged from its final Covid lockdown. Like-for-like Autocentres revenue was up 19%, boosted by its expanding car repairs business, but Retail revenue fell 7.1%. Looking ahead, guides for annual underlying pretax profit to be between GBP65 million and GBP75 million. Last year, it posted underlying pretax profit of GBP89.8 million.

----------

SMALL-CAP - LOSERS

----------

James Fisher & Sons PLC, down 6.6% at 285.00p, 12-month range 257.00p-988.00p. Posts fall in interim profit as administrative expenses and cost of sales outpaced revenue growth. Pretax profit in six months to June 30 narrows to GBP3.2 million from GBP8.1 million a year prior, the Cumbria, England-based marine services company says. Revenue increases 2.0% to GBP238.4 million from GBP233.7 million. However, this was offset by administrative expenses widening by 9.6% to GBP49.2 million from GBP44.9 million. Further, cost of sales also outpaced revenue growth, increasing by 2.9% to GBP182.7 million from GBP177.6 million.

----------

By Paul McGowan; paulmcgowan@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

Related Shares

More News
22 Mar 2024 11:46

LONDON MARKET MIDDAY: FTSE 100 boosted after week of rate decisions

(Alliance News) - The FTSE 100 in London were higher at midday on Friday, as investor sentiment remained high, after there were no surprises from UK a...

22 Mar 2024 11:28

James Fisher shares rise as RMSpumptools to be sold for GBP90 million

(Alliance News) - James Fisher & Sons PLC on Friday said it has agreed to sell RMSpumptools Ltd to the UK arm of ChampionX Corp.

22 Mar 2024 09:51

SMALL-CAP WINNERS & LOSERS: James Fisher rises as sells RMSpumptools

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday.

22 Mar 2024 08:53

LONDON MARKET OPEN: Phoenix Group leads FTSE 100 higher

(Alliance News) - Stock prices in London opened higher on Friday, after a busy week of interest rate decisions across the globe.

22 Mar 2024 07:48

James Fisher shares jump on RMS disposal

(Sharecast News) - Shares in James Fisher and Sons surged on Friday after the marine, oil and gas services group announced the sale of its RMSpumptool...

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.