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The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: ---------- Van Elle Holdings PLC - Nottinghamshire, England-based ground engineering contractor - Reports financial results for the year ended April 30. Revenue decreases 6.2% to £130.5 million from £139.1 million the previous year, while pretax profit fell 35% to £4.6 million from £7.1 million and basic earnings per share fell 42% to 2.9 pence from 5.0p. Underlying pretax profit decreased to £5.3 million from £6.7 million. Van Elle notes that Van Elle Canada Inc has been classified as a discontinued operation and is excluded from the results, and says that prior year comparatives have been restated accordingly. Dividends for the year, including a final dividend of 0.8p per share to total 1.2p, unchanged from the year before. Says it delivered a resilient performance ‘against a backdrop of macroeconomic uncertainty and continued market headwinds’, with the revenue decrease ‘demonstrating a robust performance given the challenges’. Says it is in a strong position to benefit from improvements it expects across core end markets, and that it remains confident it will meet recently revised market expectations for the current financial year. Company-compiled analyst consensus predicts revenue of £149.1 million and underlying pretax profit of £6.4 million. ---------- Symphony Environmental Technologies PLC - Hertfordshire, England-based biodegradable plastic technology developer - Publishes statement from Chair Nicolas Clavel ahead of its annual general meeting on Wednesday. Clavel says: ‘I am very pleased to report that momentum within the business continues, and our prospects look strong, especially in the short to medium term. We are seeing a high level of sales prospects nearing completion and expected to close in the second half of the year or shortly after.’ Highlights in particular that Ireland’s Environmental Protection Agency has confirmed that its d2w biodegradable plastic technology complies with EU Directive (EU) 2019/904. Also, Symphony’s d2p product range ‘continues to progress’ in multiple areas. Says revenue for the first half of 2025 totals approximately £2.9 million, down on-year from £3.4 million, including a ‘particularly light’ second quarter which it attributes to order timing in key markets. Adds that it expects a stronger second-half performance with a half-on-half increase of around five percentage points in its gross margin. ---------- CT Global Managed Portfolio Trust PLC - Edinburgh, Scotland-based investment trust - Says the board and investment manager Columbia Threadneedle Investment Business Ltd have agreed a reduction in the investment management fee, effective from September 1. Reduction is to 0.60% per year of the net asset value of each CT Global Managed portfolio, from 0.65% per year of each portfolio’s total assets. Also, ‘there will no longer be any charge on any assets which are invested in other investment vehicles managed by [Columbia Threadneedle]’. Company says these will lead to an annualised pro forma reduction in the investment management fee of around £135,000. Board intends ‘to use much of this saving to enhance [the company’s] marketing and promotion’, and believes that ‘the scale benefits that may accrue to shareholders will, in time, more than cover the additional investment’. Adds that basing the fee on NAV better aligns management’s and shareholders’ interests, ‘in essence by not charging on any borrowings’. ---------- Manx Financial Group PLC - Douglas, Isle of Man-based provider of financial services to commercial and retail customers - Announces that subsidiary Payment Assist Ltd has entered five new key partner lending agreements during the first half of the current year. These are a key partner agreement with car retail joint venture Retail Automotive Alliance Ltd to deploy ’Buy Now Pay Later’ finance solutions; a strategic partnership to integrate its BNPL product into eDynamix UK Ltd’s exstoPay suite; a partnership with Car Care Plan Ltd and Nissan Motor GB Ltd to launch the manufacturer-backed Instant Service Plan offering so eligible Nissan owners can spread the cost of services; a partnership to roll out BNPL finance solutions in Fix Auto UK Ltd body shops; and one to integrate BNPL finance into Revive! Auto Innovations (UK) Ltd’s service offerings. Also, PAL is introducing its merchant services platform across Revive’s franchise network. ---------- Jadestone Energy PLC - company with production and development assets in Australia, Malaysia, Indonesia, Thailand and Vietnam - Tyrus Capital Special Situations Master Fund Sarl, SICAV-RAIF, a ’person closely associated’ with Non-Executive Director Gunter Waldner, acquires 4.9 million shares in Jadestone at 18.5p per share on Monday in London. ---------- Honye Financial Services Ltd - Cayman Islands-based company which recently completed the reverse takeover of Zoyo Capital Ltd - Announces admission of the enlarged group to trading on the London Stock Exchange’s Main Market, effective from Wednesday morning. Its TIDM has been changed from HOYE to ZOYO. Notes that as announced on July 16, it will ‘shortly’ apply for a new ISIN and change its name to Zoyo Ltd. Also clarifies that until the new ISIN becomes effective, the existing ISIN of KYG4598W1024 remains valid and in use. Says it will provide further updates in due course. ---------- Copyright 2025 Alliance News Ltd. All Rights Reserved.
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