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The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: ---------- Rosslyn Data Technologies PLC - cloud-based spend intelligence platform provider - Adjusts full-year expected sales and adjusted earnings before interest, tax, depreciation and amortisation figures to reflect the timing of revenue recognition of £300,000 of development work for a new client. The recognition of this revenue has been deferred into financial 2026 and 2027. As a result, Rosslyn Data now expects to report revenue of £3.0 million in the financial year to April 2025, up from £2.9 million the year prior, and an adjusted Ebitda loss of £2.0 million, narrowed from £2.5 million the year before. In June, it had forecast revenue growth of 14% to £3.3 million and a loss before interest, tax, depreciation and amortisation of £1.7 million. Says trading in the first quarter of financial 2026 was in line with expectations. ---------- Trifast PLC - East Sussex, England-based maker of industrial fastenings - Says overall performance in the six months to September is in line with the expectations, with continued benefits from operational improvement initiatives creating resilience amidst a challenging market backdrop. Revenue declines 6.4% year-on-year driven primarily by softer demand caused by tariff disruption, with unprecedented challenges in the UK automotive sector, partially offset by growth in Smart Infrastructure, especially in North America. ‘Encouragingly’, underlying gross margin improves by around 144 basis points to 28.8%, Trifast says. This underpins an improved underlying earnings before interest and tax margin to 6.3% from 6.0% a year ago, at constant currency. Trifast says its financial position remains ‘robust’, but pre-IFRS 16 net debt increases to £17.4 million at September 30 from £15.4 million the year prior. This reflects planned additional investment in digital and technology strategic projects. Full year expectations remain unchanged despite external market challenges and remains ‘confident in delivering our medium-term targets.’ ---------- Brickability Group PLC - Bridgend, Wales-based construction materials distributor - Performance in the six months ended September is in line with the board’s expectations. Revenue rises 4.9% to £347.0 million from £330.9 million the year prior, despite the slow pace of recovery in housing starts as well as the continuing delays in Building Safety Regulator approvals. Says the continuing BSR delays have affected the phasing of some fire remediation projects in the Contracting division such that Brickability now expects a greater proportion of the division’s profit to be delivered in the second half of the year when compared with the prior year. Anticipates first half adjusted earnings before interest, tax, depreciation and amortisation of £28.0 million, little changed from £27.9 million a year ago. Expectations for the full year remain unchanged. ---------- Chesterfield Special Cylinders Holdings PLC - Sheffield, England-based engineering firm, formerly called Pressure Technologies - Expects to report full-year adjusted earnings before interest, tax, depreciation and amortisation of ahead of market expectations at £800,000 in the 52 weeks to September 27, up from a loss of £900,000 a year ago, on revenue of £16.5 million, up from £14.8 million. Has closing net cash of £2.1 million compared to net borrowings of £900,000 a year ago. Says strong growth from overseas defence contracts secured in the first half of the year offset lower revenue from UK naval new build contracts nearing completion, with record full-year revenue performances from UK naval Integrity Management deployments and hydrogen contracts. A robust defence order book and significant opportunities in the UK hydrogen market underpins a positive outlook for further earnings growth in financial 2026. ---------- Watkin Jones PLC - student accommodation developer and manager - Expects full year revenue of £280 million and adjusted operating profit in line with current market expectations. Revenue in the financial year ending September 2024 was £362.4 million and adjusted operating profit £10.6 million. Reports an ‘expected stronger second half performance’ with a rigorous focus on cost control and consistent construction delivery. ‘While market conditions remain challenging and we see timetables being extended on certain transactions, we enter FY26 with a strong pipeline of opportunities,’ company says. Continues to ‘selectively add to our pipeline with good quality assets in undersupplied markets.’ ---------- Mind Gym PLC - London-based personal and business coaching service - Expects revenue of £13.5 million in the six months to September, or £13.8 million at constant currency, down 16% year-on-year. This excludes the multi-year framework agreement which contributed £4.0 million to revenue in the first half of financial 2025. Performance in Europe, Middle East & Africa is broadly flat year-on-year with the US continuing to face market headwinds. Projects adjusted earnings before interest, tax, depreciation and amortisation loss of £1.0 million, driven by the impact of the revenue phasing to the second half, in line with expectations. Continues to see ‘challenging’ market conditions for human resources services. Retains adequate liquidity and, expects the second half of the financial year to be cash generative. ‘We anticipate a stronger second half performance, providing confidence the group is trading in line with the board’s full year expectations,’ Mind Gym says. ---------- Celebrus Technologies PLC - Sunbury-on-Thames, England-based data management platform - Expects results for the six months to September to be in line with management expectations, with revenue of $10.3 million, down from $17.2 million the year prior, and software revenue of $7.8 million, down from $11.2 million. Sees an adjusted pretax loss of around $1.4 million, swinging from $1.0 million profit. Lower revenue and loss reflects the impact of the move to straight-line revenue recognition as a result of changes in the group’s contracts with customers. Under those changes, the software license revenue from all Celebrus contracts entered into from April 1 2025 are recognised on a monthly basis instead of being recognised annually up front in each year of a contract. Annual recurring revenue increased 15% during the first half to $15.6 million from $12.9 million a year ago. ---------- Copyright 2025 Alliance News Ltd. All Rights Reserved.
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