(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday.
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SMALL-CAP - WINNERS
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UP Global Sourcing Holdings PLC, up 3.6% at 130.24 pence, 12-month range 105.04p-230.00p. The homeware brands owner says revenue in the year ended July 31 rises 13% to a record GBP154.2 million. "We are delighted to have delivered record results despite the challenges of disrupted supply chains and a deteriorating macroeconomic backdrop," Chief Executive Simon Showman says.
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SMALL-CAP - LOSERS
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AO World PLC, down 3.5% at 39.67p, 12-month range 38.52p-250.00p. Cost of living worries continue to hit Main Market-listed retail and leisure stocks. Retailer Ted Baker PLC and tenpin bowling operator Hollywood Bowl Group PLC slide 1.7%.
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Treatt PLC, down 31% at 556.00p, 12-month range 531.00p-1,315.00p. The stock hits this 52-week low on Monday. The natural extracts and ingredients supplier warns on annual profit, amid accelerating inflation, weaker margins due to foreign exchange volatility and Covid-19-hit subsidiary in China. Treatt now expects pretax profit before exceptional items to land between GBP15.0 million and GBP15.3 million for the full year. In its results for the half-year ended March 31, it said it was on track to deliver profit in line with consensus of GBP21.7 million.
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By Eric Cunha; ericcunha@alliancenews.com
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Up Global (UPGS)
Treatt (TET)
Ao World (AO.)
Hollywood Bwl (BOWL)