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Juho Lahdenpera at Nomura indicated that poor first half 2013 European auto demand would be likely to drive a cautious outlook for GKN. "The GKN share price is up 5% relative to the sector in the last month, which signals to us positive expectations by the market heading into the results," he said. "Although we are in-line with consensus for fiscal year 2012 and weakness in European auto demand has been well-flagged previously, the share price momentum is a slight concern to us, as car sales in Europe declined a further 9% year-on-year in January of this year, which we think will prompt a cautious outlook by GKN's management. We take a cautious view on the shares heading into the numbers."

Skywest Airlines said on Friday shareholders will vote on an offer from Virgin Australia Holdings to acquire the carrier following an order from the High Court of Singapore. Virgin Australia has vowed to invest in the growth of the operator after the takeover was given the green light by regulators in early February. The deal is now awaiting approval from Skywest shareholders and the company will update the market on further developments in due course. Virgin already has a stake in Skywest, which operates the larger airline's fleet of eight ATR turboprops on regional services around Australia.

In the case of Araguaia, the company's top executive emphasised that the most fundamental factor for the evaluation of a project is that it makes a profit taking the long-term price into account and has lower quartile operating costs. It is precisely due to this assessment, showing the viability of the project at a base case long term price, along with the other factors outlined in the statement, that they believe Araguaia is a very robust project and worthy of further development. The company's cash position at end-2012 was 5.9m - so that it was "well funded for Araguaia development work in 2013," the company announced.

The company consolidated its land position around Araguaia with completion of acquisition through all share transactions of the Vila Oito and Florestra projects from Lara Exploration. David Hall, Chairman of Horizonte Minerals, reported that the past year had seen the company continue to build its position as a leading nickel development company in Brazil. He said its primary focus was advancing towards the pre-feasibility study stage at its Araguaia nickel project. "To this end I am pleased to report that we have made significant progress in terms of delivering on our key development milestones in Araguaia and continue to unlock its intrinsic value both on time and on budget," he added. With regard to company financing Hall said that Horizonte Minerals had completed a 5.2m placing in June 2012.

Brazil-focused exploration and development company Horizonte Minerals has reported that its full year loss before taxation increased from 1.8m pounds to 2.5m pounds in the year ending December 31st. Total comprehensive income, which includes negative exchange rate effects, for the year was 5.6m compared to 4.2m a year earlier. Preliminary assessment of Araguaia nickel project completedHowever, the year saw a number of achievements for the company including the completion of a preliminary economic assessment for Araguaia, its Araguaia nickel project located south of the Carajas mining district in northern Brazil, which it said had produced "attractive results". Horizonte also published a new NI 43-101 Mineral Resource Estimate for Araguaia, comprising indicated resource of 39.3m tonnes grading, 1.39% nickel and an inferred resource of 60.9m tonnes averaging 1.22% nickel at 0.95% cut-off.

AIM-listed online games entertainment group Zattikka has launched a German language version of its Fantasy Kingdom Facebook game Creator. The company reported that Creator would offer additional focus on player creativity and would allow gamers to craft and build their own kingdoms. The original version was launched in 2010 and peaked to more than 300,000 monthly users. The company said that Creator was an interactive game and could be shared by multiple players through Facebook in both English and German. Mark Opzoomer, Chief Executive Officer of Zattikka, commented: "We are excited by the launch of Fantasy Kingdoms Creator and hope to build on the excellent franchise opportunities created by the original Fantasy Kingdom game. This latest incarnation will enable players to achieve higher levels of interaction both from a gaming and social networking perspective."

Cleantech company Ilika has renewed and extended the scope of an existing contract with a 'major' existing customer for the development of its battery technology. The new agreement broadens the scope of technical engagement within the battery field. The renewal marks the third phase of this contract with an order value of around �160,000 for a two month programme of work with a follow-on phase expected, on the condition that satisfactory initial results are achieved. Graeme Purdy, the Chief Executive Officer of Ilika, said: "We are delighted that this world-leading automotive customer continues to invest in broadening and deepening its relationship with Ilika and we look forward to accelerating their materials development in next generation batteries for hybrid vehicles."

Emerging independent power producer Wasabi Energy is on track to reach its target of 25mw of Wasabi Energy owned power production by 2015, a half yearly results statement issued by the company has revealed. In the six months to December 31st, the company stated that development for Kalina Cycle power plants had continued in all key markets and roll-out of regional subsidiaries was underway to focus on deployment of the Kalina Cycle in the Asian region. John Byrne, Executive Chairman of Wasabi Energy, said: "Wasabi Energy continues to make significant strides in strengthening its position as a leading independent power producer. We are on track to reach our target of 25 MW of Wasabi Energy owned power production by 2015 and sustained growth of 25mw per annum thereafter."

Intelligence solutions provider Datong has decided that it would be in the best interests of the company's shareholders to seek potential offers by means of a formal sale process. The company, which has its headquarters in Leeds and partners around the world, reported that it had been approached by a potential buyer. Datong said that it would conduct a formal sale process through its adviser, Cavendish Corporate Finance. The company said that interested parties would be required to enter into a non-disclosure agreement with the company, on reasonable terms satisfactory to the board, before being permitted to participate in the process.

"It is obviously disappointing to be downgrading expectations," said Chief Executive, James Dickson. "We have made good progress in a number of areas but have not been able to offset the effect of contract delays. The investment made in the US and recent contract wins in the UK means that the outlook for 2014 remains promising." He said actions have been taken to reduce costs across the group, particularly in its Fuel Solutions business which supplies management information to petrol operators via a web-based solution. "It is against this backdrop and the continued strong cash generation that the board expects to maintain the dividend."

Vianet Group shares plunged Friday after the real time monitoring systems provider announced half-year trading fell short of management expectations. Shares tumbled over 20% on Friday morning as the group said its results for the six months to March 31st this year missed targets. The company, which provides monitoring systems and data management to the leisure, vending, and forecourt services sectors, also estimates full-year profit before exceptional items and amortisation of around £3.2m, compared to £3.9m last year. Vianet said increased investment in the US, delays in new contracts and pressure in the leisure sector impacted performance.

The company also achieved a projected annual cost savings of 2-3m following restructuring of its head office. Circle recently announced it was selected as the preferred bidder by National Health Service (NHS) commissioners to provide renewed services at the Nottingham NHS Treatment Centre for a further five years from July. Subject to completion of final terms, the contract is expected to deliver circa 15m annually.

Circle Holdings shares surged Friday after the healthcare provider said 2012 revenues and profits exceeded expectations. The employee co-owned hospital group expects annual revenue from continuing facilities to increase by 13% to �73m as patient procedures rose 21% year-on-year, according to a trading update. Circle ended the year with a cash position of �38m, including �5.0m of restricted cash. Results were driven by strong operating performance and higher patient volumes at hospitals. The CircleBath private hospital saw a 28% growth in revenue and a 40% increase patient volumes while the CircleReading hospital delivered strong revenues since opening last August

The company attributed its financial performance for 2012 in part to restructuring costs. Ahead of the reverse takeover, the group decided to focus on core IT activities and disposed of subsidiary Resilience Technology Corporation. Beyond the restructuring activities, which will be completed by the end of March, the group's operations "continued to trade in line with management expectations", confirmed Walliss: "As part of the reverse takeover strategy we are committed to not only growing our business organically, but through selective acquisitions both in the UK and US. The implementation of this strategy is already well advanced."

Enables IT Group reported a slight uptick in financial performance at its full year announcement, which was marked by its reverse takeover by Nexus Management. Technology minnow Enables, which provides network and IT solutions, saw its turnover increase by £148,000 to £4.27m, and operating profits before exceptionals reach £352,000. Commenting on the reverse takeover, Chief Executive Officer Michael Walliss said: "The integration of the two businesses has been a key focus in the last few months and I am delighted with the progress we have made. "[...] We look forward to completing the integration phase and implementing our growth strategy, which subject to stable market conditions, should deliver strong improvements in the group's returns in 2013 and beyond."

Biomass company TEG Group has scored a contact with a major waste management company for organic waste composting at a number of its sites. Under a six-year deal starting in the second quarter of the year, the company will handle about a volume of waste of about 15,000 tonnes per annum. Overall revenues are expected to reach £2.0m over the period of the contract. "It is very pleasing for TEG to have secured a further long term waste supply contract which further underpins our growing operating business," said Chief Executive Michael Fishwick.

Mondi (MNDI) Director name: Ms Carol Hunt Amount sold: 14,728 @ 842.49p Value: 124,080

Director name: Mr Peter Oswald Amount sold: 20,000 @ 845.82p Value: 169,164

Mondi (MNDI) Director name: Mr Andrew King Amount sold: 25,000 @ 838.63p Value: 209,658 Mondi (MNDI)

Mondi (MNDI) Director name: Mr Andrew King Amount sold: 36,835 @ 842.49p Value: 310,328