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TRADING UPDATES: Proteome Sciences revenue up; Mpac sees improved 2023

Wed, 17th May 2023 14:45

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

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Mpac Group PLC - Tadcaster, England-based packaging and automation company - Expects trading in 2023 to be weighted towards the second half of the year, with current order book providing extensive coverage over full-year revenue forecast. Looks forward to an improved 2023. Says momentum from the fourth quarter of 2022 has continued into 2023 with "current order book, year to date order intake and the volume of quotation activity all significantly above the prior year".

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4Global PLC - London-based data, services and software for sporting events and the promotion of physical activity - Enters partnership with Jonas Fitness Inc, part of constellation software company, to explore a multi-million US dollar opportunity. Jonas Fitness provides gym management software to health, wellness, and fitness facilities worldwide. Says the partnership extends its relationship with Jonas brands into North America.

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Oxford Metrics PLC - Oxford-based software provider - Notes Vicon has won a contract with Digital Kinetics, to deploy Vicon's Valkyrie solution in combination with Shogun software platform, for an undisclosed sum. Vicon is its motion capture system. Chief Executive Officer Nick Bolton says: "As the visual effects sector continues to push the boundaries of what is possible in motion capture, increasingly, filmmakers and game designers need technologies that truly sense and capture every dimension of their subjects more accurately to real life. With Valkyrie and Shogun, Digital Kinetics is offering truly state-of-the-art services from day one."

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Proteome Sciences PLC - London-based drug development services provider - Says revenue for 2022 increases by 52% to GBP7.8 million, from GBP5.1 million in 2021. Biomarker services grows by 45% to GBP2.8 million and TMT revenue increase by 56% to GBP5.0 million. Says confident that progress over the recent years has created an "excellent" platform for further development of the group.

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By Xindi Wei, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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