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The following is a round-up of earnings for London-listed companies, issued on Tuesday and not separately reported by Alliance News: ---------- Staffline Group PLC - Nottingham, England-based recruitment and training firm - Pretax profit in six months to June 30 doubles to £600,000 from £300,000. Revenue rises 8.7% to £485.8 million from £446.8 million. ‘I am delighted that the group has produced such a strong financial and operational performance in the first half of the year. Pleasingly, Staffline continues to secure new business and grow our market share despite the ongoing challenging macro-economic backdrop within the UK economy,’ Chief Executive Officer Albert Ellis says. ‘Having now created a leading pure-play recruitment platform across both the blue and white-collar recruitment markets, following the divestment of PeoplePlus, we are ideally placed to continue to capitalise on a number of exciting new organic growth opportunities.’ ---------- NWF Group PLC - Cheshire, England-based fuel, food and feed distributor - Pretax profit in year ended May 31 falls 24% to £9.3 million from £12.2 million. Revenue declines 5.0% to £903.1 million from £950.6 million. ‘A robust financial performance, slightly ahead of initial market expectations, with profitable growth across each business. Significant progress made with the group’s strategy through delivering two acquisitions and the successful implementation of business improvement initiatives. Strong results in Fuels and Feeds offset the outcome in Food where decisive actions have been taken to improve performance,’ NWF says. NWF lifts its final dividend by 4.2% to 7.4 pence per share from 7.1p, while its total dividend is 3.7% higher at 8.4p per share from 8.1p. ---------- IG Design Group PLC - Buckinghamshire, England-based firm that makes celebration products, including greeting cards, gift wrap, Christmas crackers and partyware - Swings to pretax loss of $55.6 million in year ended March 31, from profit of $23.8 million a year prior. Revenue falls 8.8% to $729.3 million from $800.1 million. It books $54.2 million in impairments, against none a year prior, including a $48.7 million against goodwill following the buy of DG Americas. ‘The impairment was triggered by the Chapter 11 bankruptcy of DG Americas’ fourth-largest customer, alongside a broader deterioration in the business’s trading performance. In response, the group revised its long-term cash flow forecasts for DG Americas to reflect the expected impact on future performance,’ IG Design says. ---------- Minoan Group PLC - developing tourist resort in Crete - Pretax loss in year to October 31 widens to £47.3 million from £529,000. No revenue is reported in either year. It books a £46.3 million impairment charge, compared to none the prior year. The bulk of the charges, £42.6 million, stem from impairment of inventories. Minoan’s focus is on progressing plans for the Itanos Gaia project at Cavo Sidero in Crete, Greece. However, it notes an impasse with project landlord Foundation Panagia Akrotiriani. There has been a ‘deterioration in the relationship between’ the duo. ‘The last person to person meeting between a board member of Minoan and board members of the foundation took place in Athens on 18 June 2024. Whilst conversations carried on between advisors of the foundation and Minoan, by 31 December 2024, the contract of the Greek law firm who had acted as Minoan’s adviser in negotiations with the foundation had ended owing to non-payment,’ Minoan adds. ---------- Colefax Group PLC - designer and distributor of furnishing fabrics and wallpapers - Pretax profit in year ended April 30 rises 15% to £8.9 million from £7.7 million, while revenue rises 2.6% to £110.0 million from £107.2 million. ‘The group has delivered another good performance which has exceeded expectations due to a very strong surge in US sales during the final quarter of the year. We believe this is mainly exceptional and related to orders accelerated to avoid tariff increases. This has continued in the first two months of the current year during the pause in tariffs announced by the US government but we do not believe it is likely to be sustained,’ Chief Executive David Green says. ‘Whilst our core Fabric Division business continues to perform well, we remain cautious about prospects and in particular the impact of higher tariff costs, a weaker US dollar and lower decorating division profits.’ Colefax proposes a 3.1p per share final dividend, up from 2.9p, giving it a total dividend of 5.9p, up 5.4% from 5.6p. ---------- HC Slingsby PLC - Baildon, England-based industrial equipment supplier - Pretax loss in half-year ended June 30 narrows to £93,000 from £251,000 a year prior. Revenue edges down, however, by 2.7% to £10.5 million from £10.8 million. Boosting its bottom line, exceptional items are lower at £42,000 compared to £200,000. ‘The market continues to be highly competitive, and the group remains cautious regarding the outlook for the remainder of the financial year. This is particularly the case given the increase in corporate costs resulting from the increases in the national minimum wage, employers’ national insurance and from changes to business rates. The impact that these factors may have on demand going forward is difficult to forecast,’ the firm says. ---------- Eight Capital Partners PLC - technology focused operating company - Eight Capital swings to 2024 £18.3 million pretax profit from £18.9 million loss in 2023. Revenue amounts to £48,000 compared to £6,000. Bottom line gets a boost from £20.5 million in gains on fair value of investments, compared to a £14.3 million hit in 2023. ---------- Oberon Investments Group PLC - London-based investment management, wealth planning and corporate broking - Oberon’s pretax loss in year to March 31 widens to £4.1 million from £2.9 million. Revenue rises 24% to £9.4 million from £7.6 million. ‘FY25 was a year of record growth for Oberon, underpinned by our client-first approach, the addition of outstanding new teams, and significant investment in our infrastructure and culture. We enter FY26 with strong momentum, including further inflows of new AUA post year-end, and are on track to deliver profitable trading in the second half of the year. We are also in talks with multiple teams who may add to the Group in 2025/26. Our three-year strategic plan gives us a clear path to scale while preserving the boutique quality of service that sets us apart,’ CEO Simon McGivern says. ---------- Schroder British Opportunities Trust PLC - London-based public and private investment trust focused on small to mid-cap UK companies - Reports growth in net asset value per share and believes there is a ‘robust pipeline’ of prospects in the UK private equity market, which it now looks to focus on. NAV per share at March 31 year end rises 0.4% to 110.54p from 110.05p. Does not declare a dividend, no change from prior year. SBOT proposes changing its investing policy so it is ‘focused entirely on minority investments in private companies’. ‘At the same time as amending the investment policy to invest entirely in minority investments in private companies, the company is also seeking to remove the restriction on the minimum number of holdings that the company must have at any one time (currently described as typically 30-50 holdings). Alongside removing this restriction, the company is proposing to limit the proportion of its portfolio represented by any one investee company to 15% NAV at the time of investment,’ it adds, noting the existing NAV limit is 10%. ---------- Copyright 2025 Alliance News Ltd. All Rights Reserved.
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