|
The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: ---------- Tracsis PLC - Leeds, England-based provider of software technology for the transport sector - Pretax profit increases 60% to £1.6 million in the financial year ended July from £1.0 million the year prior with basic earnings per share up 6.3% to 1.7 pence from 1.6p. Revenue rises 1.1% to £81.9 million from £81.0 million. Tracsis declares a final dividend of 1.4p, up 7.7% from 1.3p, taking total payout to 2.6p from 2.4p, up 8.3%. Performance is in line with revised guidance announced in April, company says, and includes an improved second half trading performance including recovery of Traffic Data and Events profitability. Tracsis says first quarter trading in new financial year is in line with expectations and it expects to deliver adjusted earnings before interest, tax, depreciation and amortisation in line with market expectations for the full year. In the financial year just ended, Tracsis reports adjusted Ebitda of £12.6 million, down 1.6% from £12.8 million. Feels well positioned to benefit from long-term structural trends, despite ongoing UK rail market headwinds. ---------- Mountview Estates PLC - London-based real estate developer - Pretax profit falls 14% to £15.5 million in the six months to September from £18.1 million the year prior, despite sales edging up 1.3% to £37.9 million from £37.4 million. Earnings per share drop 14% to 298.8 pence from 347.9p while net assets per share nudge up 0.3% to £103.5 from £103.2. ‘It is never a pleasure to report poor results but it is at times like these that our long term financial prudence lets us look to the future with confidence. We have reduced our borrowings and so we are in an ever stronger position to take advantage of the best purchasing opportunities that may present themselves,’ company says. Retains dividend at 250p per share. ---------- Norcros PLC - Wilmslow, Cheshire-based supplier of bathroom and kitchen products - Swings to pretax profit of £11.1 million in the 27 weeks ended October 5 from £11.0 million loss the year prior as revenue rises 1.3% to £184.3 million from £181.9 million. Operating margins rise 70 basis points to 11.9% with UK first half operating margin improved 120bps to 14.8%. Underlying return on capital employed climbs 150bps to 18.1%. The interim dividend is increased by 0.2p to 3.7p per share. Looking forward, Norcros expects full year underlying operating profit in line with revised market expectations which for underlying operating profit for the year to April 5 2026 it puts at £47.2 million to £48.7 million. This would be up from £43.2 million in the year prior. ---------- Liontrust Asset Management PLC - London-based fund manager - Pretax profit falls to £7.3 million in the six months to September from £12.5 million the year prior, as revenue drops to £69.1 million from £87.0 million. Basic earnings per share are 7.49 pence compared with 13.67p. Plans to launch £10 million share buyback, to be phased over the period to June 30 2026 and declares 7.0p per share dividend, down from 22.0p a year ago. Net outflows total £2.32 billion, up from £2.07 billion the year before. Says the ‘return to net inflows has taken longer than we expected. Yet, below the headline flow numbers, it has been pleasing to see the broadening of clients who are investing across our fund range.’ ---------- Naked Wines PLC - Norwich, England-based online wine seller - Performance in the 26 weeks to September 29 is in line with the guidance. The half-year sees ‘significant progress’, including improvements in adjusted Ebitda and margin, cash generation and delivery against the key performance indicators set out in the new Strategic Plan in March. Continues to predict full-year revenue of £200 million to £216 million, down from £250.2 million the year prior and adjusted Ebitda between £5.5 million to £7.5 million compared to £6.7 million before. ---------- McBride PLC - Manchester, England-based private label products manufacturer - Announces a £20 million share buyback as believes the current market capitalisation fundamentally undervalues the group to a ‘significant’ degree. Therefore views the current share price as presenting a ‘compelling opportunity to create substantial shareholder value through capital returns.’ In addition, McBride expects adjusted operating profit for the full year to June in line with analyst expectations, which it puts at £64.3 million. This would be a slight decline from £66.1 million. ---------- Begbies Traynor Group PLC - Manchester, England-based insolvency advisor - Discloses good financial performance in the six months to October 31 with organic growth driving increased revenue and profit. Revenue increases by around 7% in the period and adjusted pretax profit by about 5%. But operating margins reduce due to increased employer national insurance costs of £0.7 million in the period. Confident of delivering market expectations for the full year to April 2026, which ‘will extend our financial track record of profitably growing the business.’ Notes current range for adjusted pretax profit is £23.7 million to £24.9 million which compares to £23.5 million posted in financial year ended April 30. 2025. ---------- Copyright 2025 Alliance News Ltd. All Rights Reserved.
|
