|
The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday. ---------- SMALL-CAP - WINNERS ---------- ProCook Group PLC, up 4.3% at 40.37 pence, 12-month range 47.00p-20.00p. Reports ‘record peak-season trading’ in the third quarter, with revenue growth and market share gains. For the 12 weeks ended January 4, the Gloucester, England-based direct-to-consumer specialist kitchenware retailer says total revenue rises 28% year on year to £32.8million, with like-for-like revenue up 17%. Retail revenue increases 27%, supported by new store openings and like-for-like growth of 9.1%, while ecommerce revenue climbs 30%. Year to date, revenue grows 24% to £67.0 million. Cash generation leaves the group in a net cash position of £7.8 million at the end of the quarter, compared with £1.0 million a year earlier. ProCook says it is ‘on track’ to deliver a ‘strong’ full-year result, with revenue and cash generation expected to be slightly ahead of market expectations. ---------- Alkemy Capital Investments PLC, up 9.8% at 268.35p, 12-month range 100.00p-386.50p. Notes strengthening lithium market conditions and says its front-end engineering design study at the Tees Valley Lithium project in Teesside is near completion. The critical minerals-focused investor adds that the study is expected to confirm Tees Valley Lithium as a low-cost lithium refinery. CEO Vikki Jeckell says: ‘As we approach the conclusion of FEED, the focus has been on engineering maturity, execution readiness and cost discipline.’ ---------- SMALL-CAP - LOSERS ---------- Ferrexpo PLC, down 3.2% at 67.30p, 12-month range 110.80p-44.25p. Says production and exports remain under severe pressure as the war in Ukraine intensifies and attacks on the Black Sea region disrupt logistics. The Baar, Switzerland-based iron ore producer in Ukraine says the final quarter of 2025 is one of the most difficult periods it has faced since Russia’s invasion, with its ability to export constrained since December following renewed attacks affecting Black Sea routes. For the year to December 31, Ferrexpo reports total output falls 9.4% to 6.1 million tonnes from 6.8 million tonnes, while pellet production plunges 47% to 3.2 million tonnes from 6.1 million tonnes. In the fourth quarter alone, total output drops 29% quarter on quarter to 1.1 million tonnes, with pellet output down 35% to 412,867 tonnes. ---------- Copyright 2026 Alliance News Ltd. All Rights Reserved.
|
