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The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday. ---------- SMALL-CAP - WINNERS ---------- Evoke PLC, up 6.1% at 65.28p, 12-month range 36.70p-77.80p. The Gibraltar-based betting and gaming operator says revenue in the second quarter to the end of June increased by around 5% from the prior year, in an improved performance compared to the first quarter. The second quarter performance is driven by online growth of around 6%, or 7% at constant currency, with continued strength in international core markets. Evoke’s Retail arm returns to growth in the second quarter following the successful rollout of 5,000 new gaming machines. Revenue increases 3% in the first six months of the year, or 4% at constant currency. This is supported by double-digit gaming growth for both the second quarter and the first half as a whole. Evoke says its Sports division was impacted by a tougher prior year comparative in the second quarter as the Euros football championship took place last year, as well as a stronger win margin in the previous year. The company expects to report first half adjusted earnings before interest, tax, depreciation and amortisation between £163 million and £167 million, which represents 43% growth at the midpoint. Evoke says this would bring adjusted Ebitda for the last twelve months to over £360 million, which represents ‘significant year-over-year growth’. The firm left its expectations for the full year unchanged, as it expects revenue growth between 5% and 9% with an adjusted Ebitda margin of at least 20%. The anticipated growth in the second half is supported by product delivery, improved marketing returns and further cost savings, Evoke notes. ---------- Fuller, Smith & Turner PLC, up 1.7% at 573.72p, 12-month range 488.00p-780.00p. The London-based pubs and hotels operator says Chair Michael Turner has stepped down, and reports 5.0% like-for-like sales growth in the first 16 weeks of the financial year, to July 19. Turner retired at the company’s annual general meeting, held on Tuesday. He first joined Fuller’s in 1978 and has served in multiple senior roles. The company’s next trading update will be published on November 12, alongside interim results for the 26 weeks to September 27. ---------- SMALL-CAP - LOSERS ---------- Marston’s PLC, down 3.3% at 42.55p, 12-month range 31.10p-47.75p. The Wolverhampton, England-based based operator of 1,333 pubs across the UK says like-for-like sales in the 15 weeks to July 12 rose 2.9%, in line with expectations. Notes this is against a ‘strong’ prior year comparator, which included the Euro 2024 Championships. Excluding the prior year impact of England match days, like-for-like sales are 4.0% higher. Like-for-like sales are up 2.0% year to date, with the group ‘building momentum’ into the fourth quarter. ‘We’ve made excellent progress against our strategic priorities so far this year, delivering improved margin performance, strong cash generation and the roll-out of our new pub formats. This momentum and our disciplined execution across the business gives us great confidence for the future, and we remain firmly on-track to deliver on full-year market expectations,’ says Chief Executive Officer Justin Platt. Company-compiled market consensus for full-year underlying pretax profit is £67.3 million, which would be up 60% from £42.1 million a year earlier. ---------- Copyright 2025 Alliance News Ltd. All Rights Reserved.
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