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The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: ---------- Animalcare Group PLC - York, England-based veterinary services and pharmaceuticals firm - Reports a pretax profit of £6.3 million for 2025, up 9.7% from £5.8 million in 2024. Revenue advances 20% to £89.1 million from £74.2 million, with this growth reflecting the ‘significant contribution’ from Randlab. Adds that this was underpinned by like-for-like organic growth of 1.7%, as it notes revenue growth across all three product categories. Declares no final dividend for the year, owing to its acceptance of a £235.2 million takeover approach from Charterhouse Capital Partners LLP last month. Notes that trading in 2026 so far has been in line with managements expectations. ‘2025 was a year of strategic execution and financial delivery, as we continue to build a more scalable and growth-oriented business,’ said Chief Executive Jenny Winters. ---------- Portmeirion Group PLC - Stoke-on-Trent, England-based ceramics maker and retailer of homeware brands - Swings to a pretax loss of £7.2 million for 2025, from £45,000 in profit for 2024. Revenue edges 0.2% lower to £91.1 million from £91.2 million, and operating costs grow 8.5% to £95.7 million from £88.2 million, hampering earnings. Looking at 2026, Portmeirion says it sees ‘some positive signs’ in key areas of its transformation plan, and notes trading in the first quarter is ahead of the prior year. ‘While macroeconomic uncertainty continues, the board remains cautiously optimistic about the group’s prospects. Portmeirion Group owns great premium brands which provide us with significant global potential and we have clear plans in place to help us reclaim lost ground, return to growth and deliver performance,’ says CEO Mike Raybould. ---------- Smiths News PLC - Swindon, England-based newspaper wholesaler - Achieves £16.4 million in pretax profit for the 26 weeks ended February 28, down 10% from £18.3 million a year prior. Revenue falls 3.9% to £515.7 million from £536.4 million, ‘in line with broader print market dynamics and historic norms’, says the company. Smiths maintains its interim dividend at 1.75 pence per share, and says it anticipates delivering full-year results in line with market expectations of full-year adjusted operating profit of £37.2 million. ‘We are pleased to report a solid start to the financial year, with positive momentum across the business,’ says CEO Jonathan Bunting, ‘Our newspaper and magazine operations continue to perform in line with expectations, while opportunities in our growth verticals are gaining traction.’ ---------- B90 Holdings PLC - Isle of Man-based, gambling industry-focused online marketing company - Swings to a pretax profit of €381,454 for 2025, from a pretax loss of €1.7 million in 2024. Driving the earnings improvement is a more than doubling of the top line, as revenue grows to €7.2 million from €3.5 million. However, costs increase during the period, with total administrative expenses rising 29% to €6.8 million from €5.2million. Notes trading so far in 2026 has been in line with management’s expectations, with the company stating it continues to see a strong opportunity ahead. ‘Advances in automation, continued development of our owned media assets and favourable market conditions support our confidence in the outlook. Management remains focused on scalable growth, operational discipline and the continued development of the group’s technology-led platform, with the objective of delivering sustainable long-term value for shareholders,’ says CEO Ronny Breivik. ---------- abrdn European Logistics Income PLC- London-listed property investor in the process of winding down - Reports the conditional sale of its warehouse located in Ede, the Netherlands, as part of its wind down process. Within the sale and purchase agreement, abrdn European Logistics says it has agreed to undertake climate remedial works of no more than €500,000, adding that completion is anticipates by the end of this month. Adds that further details will be released on deal completion. Explains that its wind down process is now ‘close’ to completion, noting that after this sale, 26 or the original 27 assets will have been sold. Notes the remaining asset is subject to early-stage due diligence as part of the ongoing sales process. Declares a fourth interim dividend of 2.32 euro cents. Adds that it continues to engage with DL Invest regarding its interest in taking over the management of the company. ---------- Satsuma Technology PLC - London-based bitcoin treasury firm - Receives representations from group of shareholders representing over 20% of its issued share capital requesting resolutions be put to shareholders to effect either a return of all or a substantial portion of its capital. Plans to convene a general meeting ‘as soon as practicable’ to allow shareholders to vote on the matters in question. Explains that any resolution to effect a capital return will need at least 75% approval of the votes cast, adding that a court application in the UK will also be required for the implementation. Adds that a circular convening the meeting will be sent to shareholders. ‘The board confirms that the company continues to operate normally with a continued focus on further cost reduction, and that its bitcoin treasury and operational activities are unaffected by the convening of a general meeting,’ says the company. ---------- Copyright 2026 Alliance News Ltd. All Rights Reserved.
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