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AIM WINNERS & LOSERS: Sosandar revenue rises; Thruvision warns

ALN

The following stocks are the leading risers and fallers on AIM on Tuesday.

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AIM - WINNERS

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DSW Capital PLC, up 10% at 55.00 pence, 12-month range 40.00p-75.00p. The firm, which provides professional services under the Dow Schofield Watts and DR Solicitors brands, trades higher after reporting on Monday that pretax profit more than doubled to £237,000 in the six months that ended September 30 from £100,000 a year before, as revenue multiplied to £2.8 million from £1.1 million.

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Sosandar PLC, up 7.4% at 7.06 pence, 12-month range 4.50p-10.00p. The women’s fashion company reports half-year revenue growth. Revenue in the six months to September 30 improves 15% on-year to £18.7 million from £16.2 million. However, its pretax loss stretches to £1.1 million from £659,000 ‘reflecting traditional second half weighting of profitability alongside the impact of own stores and M&S cyber incident’.

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AIM - LOSERS

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Thruvision Group PLC, down 29% at 0.59p, 12-month range 0.50p-9.50p. The provider of walkthrough people-screening technology warns on a weaker UK retail distribution market. Revenue in the half year to September 30 rises 36% to £2.6 million from £1.9 million, and its pretax loss narrows to £2.3 million from £2.5 million. However, it warns that current market expectations for the full year are unlikely to be achieved and now expects revenue to be between £5 million and £7 million. ‘Revenue in the first half grew by 36% to £2.6 million, made up of a number of smaller orders from new and existing customers, mainly in the US Retail Distribution market, and a large award from a new government customer in South-East Asia. However, the UK Retail Distribution market has been much weaker and this has continued into the second half,’ Executive Chair Tom Black says.

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