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The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: ---------- Marks Electrical Group PLC - Leicester, England-based electrical products retailer - A trend of lower revenue seen in the first quarter of the year to March 31 continues in the second. Major domestic appliances and consumer electronics markets are both down. ‘We have also continued to see consumers remaining highly price conscious and scaling back on discretionary spending. This has impacted our average order values and in turn has resulted in higher relative delivery costs,’ Marks adds. ‘Compounding the challenging market backdrop, we continue to face cost headwinds with increased technology and ongoing costs of our new enterprise resource planning system along with higher employee related costs, impacting our distribution costs and overheads. We remain happy with the performance of the new ERP and the efficiencies it will drive as we return to growth.’ Looking to the second half, it expects revenue to rise on-year, as it makes the decision to ‘invest into stock’. However, it warns: ‘Whilst we expect to see a return to revenue growth in H2-FY26, the weaker trading in H1-FY26, coupled with the reduced operating leverage, is expected to have a material impact on our full year profit guidance.’ It now expects annual adjusted earnings before interest, tax, depreciation, and amortisation of around £1.7 million. In addition, it says: ‘In light of this performance, the board has decided to delay any decision on the interim dividend at the time of the interim results and will re-consider this and the quantum of any final dividend at the time of the group’s full year results.’ ---------- Zoo Digital Group PLC - Sheffield, England-based digital media service - Expects to report revenue for the first half ended September 30 of $22 million. Cost savings and a ‘favourable revenue mix’ mean its half-year Ebitda is in line with expectations. ‘With the improved profitability, the group is continuing to normalise its working capital position after active management of creditors in FY25,’ it adds. ‘The evolution of our operating environment continues, with streaming platforms now taking the majority of TV viewing time and content strategies evolving at pace to bring in new customers and engage existing viewers,’ Chair Gillian Wilmot says. ‘As a result, we are currently seeing increased levels of licensing of existing content rather than new original content, a growing interest from streamers for live and near live content, and customers looking for localisation partners to utilise AI to increase speed and lower costs. Whilst it is early days, as a technology-first business, ZOO is well placed to capitalise on these shifts. Growing demand for localisation services within reduced timeframes, and the increased use of AI, allows us to leverage our proven technology platform to meet customer needs. We recently successfully completed a dubbing project in 24 hours, compared with 2-3 weeks which is more typical in the industry, and integrated AI for a key customer.’ Localisation services refer to when content is tailored to audiences of a certain geography. This includes translating content and including common expressions and context in the target audience’s language. ---------- GENinCode PLC - Oxford-based genetic testing company - It reports its tie-up with North Central London Cancer Alliance has seen a risk of ovarian cancer algorithm surveillance test service rolled out by the University College London Hospitals NHS Foundation Trust. UCLH is the first hospital trust in the UK to provide the service. ‘The ROCA Test’s proprietary algorithm calculates a woman’s individual risk based on several clinical factors,’ GENinCode says. ---------- Eco Animal Health Group PLC - London-based animal health company - Trading in the first half ended September 30 has been ‘significantly stronger’ on-year, despite currency headwinds and tariff challenges. Revenue in the half year rises over 15% from £33.2 million, it says in a trading statement. It expects a rise in adjusted earnings before interest, tax, depreciation, and amortisation from £400,000. ‘This revenue strength has been particularly evident in the China/Japan segment (greater than 40% growth) and North America (greater than 25% growth). Continuing strength in Brazil has been offset by some weakness elsewhere in Latin America. The South East Asia region has recovered much of the ground lost in the prior year,’ Eco Animal says. It expects a full-year outcome in line with market expectations, which it puts at £84.2 million for revenue and £7.9 million for adjusted Ebitda. ---------- Seed Innovations Ltd - investing company focused on life sciences and technology - Investee Clean Food Group acquires a one million litre fermentation plant from Algal Omega 3 Ltd for an undisclosed sum. ‘The acquisition and resultant initial associated costs of the plant will be funded from CFG’s existing cash resources and will provide CFG with a 12-acre Liverpool facility, offering extensive R&D resources and significant opportunity for future expansion,’ Seed says. Seed owns 4.6% of CFG. ---------- Blencowe Resources PLC - developing Orom-Cross graphite project in Uganda - Reports first batch of assays from stage seven drilling work at Orom-Cross, the largest campaign yet. Results show extensions to mineralisation and ‘high-grade zones within the existing deposits’. ‘With assays now beginning to come through and more results to follow we look forward to a steady flow of updates, including the JORC upgrade and the definitive feasibility study. These milestones will showcase Orom-Cross as a standout global graphite project, provide the platform to move directly into financing discussions, and ultimately set the stage for a major value re-rating as we continue to de-risk,’ Executive Chair Cameron Pearce says. ---------- Copyright 2025 Alliance News Ltd. All Rights Reserved.
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