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TRADING UPDATES: CT Automotive CFO leaves; Bloomsbury opens Asia base

ALN

The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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CT Automotive Group PLC - Portsmouth, England-based maker of interior components for the automotive industry - Announces that Salman Mohammed, chief financial officer, resigns from his role with immediate effect. Group Head of Finance Anshul Gupta and Group Financial Controller Victoria Thomas will manage the day-to-day financial operations of CT Automotive and will report to the board with the assistance of Senior Independent NED Geraint Davies. The board says it is ‘pleased’ with the underlying performance of the business in financial 2025 and ‘provisionally’ expects revenues for the year to be in line with market expectations. Net debt as of December 31 stands at $7.7 million.

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Inspiration Healthcare Group PLC - Croydon, England-based medical technology company specialising in neonatal intensive care devices - Says US subsidiary Airon Corp enters a three-year purchasing agreement with a large US healthcare provider, ‘marking a milestone’ in Airon’s US expansion. Under the deal, Airon receives an initial order for 150 Model A and Neo ventilators and accessories, significantly expanding its installed base. The agreement provides a ‘long-term, high-quality’ revenue stream and includes expectations for recurring consumables and service income. Inspiration Healthcare says the partnership supports its strategy to double Airon revenue within five years and validates its technology and execution in the US market.

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Bloomsbury Publishing PLC - London-based book publisher - Launches new base in Singapore to grow academic sales in Asia. The company says the opening follows ‘dramatically increasing student numbers’, and adds to Asia-Pacific offices already running in India and Australia. Founder & Chief Executive Nigel Newton says: ‘Whilst we have sold books and digital resources in Asia for many years, having an editorial base in Singapore and tailored content will allow us to strengthen local partnerships, expand our activity in the region and capitalise on the growing student population.’

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Seeen PLC - London-based social media and technology company - Expects to report 70% revenue hike for financial 2025 to $5.1 million from $3.0 million in 2024. Gross profit is seen doubling to $2.1 million from $600,000, and maiden adjusted earnings before interest, tax, depreciation, and amortisation of $300,000 are expected, swinging from a loss of $500,000. The company adds that it expects to appoint a CFO ahead of its 2025 audit, which will be released during the second-quarter of 2026.

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Ecora Royalties PLC - critical minerals-focused royalty company, formerly known as Ecora Resources PLC - Says its base metals contribution for 2025 is up to $28.5 million from $11.4 million in 2024. Says total portfolio contribution down to $57.0 million from $63.2 million, and adds that 2025 represents ‘an inflection point’ with portfolio contribution our critical minerals portfolio exceeding that from steelmaking coal for the first time. CEO Marc Bishop Lafleche says: ‘We have delivered strong deleveraging post the $50 million Mimbula copper stream acquisition in Q1 2025, with closing net debt of $85.5 million (YE 2024: $82.3 million). We are well positioned to continue to deleverage and also fund further growth via royalty and stream acquisitions. 2026 has the potential to be another significant year, with further volume growth expected from Voisey’s Bay and Mimbula.’

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FDM Group Holdings PLC - London-based IT-focused professional services provider - Expects results for the full-year to December 31 to be within range of market expectations, which puts the consensus for adjusted pretax profit at between £13.5 million and £14.4 million. The group says 2025, like 2023 and 2024, was a challenging trading year, and sees revenue falling 31% to £178 million from £258 million. However, it says that it is seeing sings of uptick in activity towards the end of 2025 and throughout the beginning of 2026 but that backdrop remains uncertain and market conditions remain subdued. CEO Rod Flavell says: ‘Clearly, the economic and political backdrops remain uncertain and market conditions remain subdued, but there are signs that an appreciable number of our clients have appetite for investment, with some of them already initiating activity.’

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