Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.

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Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO
Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPOView Video
Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant
Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plantView Video

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SMALL-CAP WINNERS & LOSERS: Wickes backs outlook; STV returns gain

Fri, 03rd Nov 2023 10:16

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

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SMALL-CAP - WINNERS

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Wickes Group PLC, up 1.7% at 133.70 pence, 12-month range 116.39p-159.80p. The home improvement retailer says like-for-like sales declined 0.2% year-on-year in the 13 weeks to September 30. Core sales rose 1.1% on a like-for-like basis, though 'do-it-for-me' sales declined 4.4%. Wickes says it is "comfortable" with market consensus for adjusted pretax profit between GBP45.3 million and GBP49.0 million.

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SMALL-CAP - LOSERS

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STV Group PLC, down 1.2% at 192.74p, 12-month range 175.00p-315.00p. The television broadcaster and content producer returns some of its 3.2% gain from Thursday and 2.3% rise from Wednesday. On Wednesday, it said its Studios arm signed a content deal with Comcast Corp subsidiary NBCUniversal Media LLC. The US series development agreement is for reality programme 'The Underdog' in the US. A UK version is already in the works for E4 under the working title 'Alan Must Win'.

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Superdry PLC, down 2.9% at 37.88p, 12-month range 33.79p-168.00p. The retailer had jumped 9.1% on Thursday, as markets rallied on interest rate optimism after the Bank of England decided against lifting bank rate.

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By Eric Cunha, Alliance News news editor

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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