|
The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: ---------- BTG Consulting PLC - Manchester, England-based company’s insolvency and real estate advisory - BTG expects results for the year ended April 30 above the top end of market expectations. It puts the revenue expectations range between £165.0 million from £167.3 million, with adjusted pretax profit between £23.7 million and £24.4 million. BTG expects to report revenue growth of 10% to £169 million from £153.7 million, and adjusted pretax profit of £25.0 million, up from £23.5 million. BTG says: ‘We increased our number of administration appointments in the year, including notable engagements such as the administration and subsequent sale of Sheffield Wednesday FC, alongside activity undertaken in relation to the Market Financial Solutions group.’ It releases annual results on July 6. ---------- Sabre Insurance Group PLC - Dorking, Surrey-based motor insurance underwriter - Gross written premiums in the first four months of 2026 rose 15% to £76.3 million from £66.1 million. ‘2026 has got off to a strong start for Sabre, with gross written premium materially ahead of last year despite conditions remaining competitive in our target markets,’ Chief Executive Officer Geoff Carter says. ‘We still see claims cost inflation at mid-single digits but are mindful of the potential impact of geopolitical developments. We continue to cover identifiable drivers of claims inflation and will not hesitate to increase prices if required to address any additional emerging inflation risks.’ It backs its annual view, still expecting annual growth in gross written premiums. It adds: ‘The rate of growth will be influenced by how quickly the wider market moves to cover claims inflation.’ ---------- Robinson PLC - Chesterfield, Derbyshire-based manufacturer of plastic and paperboard packaging - Sales volumes in the first four months of the year rise 7% from 2025. Total revenue is up 6%. ‘Sales volumes in the UK continue to exceed the prior year, reflecting new projects won and implemented over the previous 24 months,’ Robinson says. ‘Sales in Denmark were better than expected due to strong demand from a major customer.’ Underlying operating profit was down from a year prior. For the whole of 2026, it expects underlying operating profit to be in line with current market expectations. Robinson says: ‘The conflict in the Middle East has increased uncertainty and pricing across polymer, energy and freight markets, but with relatively limited impact on trading so far in the year to date. While the effect on the group’s April earnings was limited by our stockholding, sustained elevated purchase prices for polymer and other inputs are expected to increase input and distribution costs later in the year, either directly or through wider supply chain disruption. The group is monitoring developments closely and is seeking to mitigate these effects through temporary pricing adjustments, surcharges and procurement actions where possible.’ ---------- Northern Bear PLC - Newcastle Upon Tyne, England-based specialist building and support services company - It expects to a report a performance for the year to March 31 to be in line with market expectations. Trading since November was in line with management expectations, ‘despite poor weather over the winter period’. ---------- SDI Group PLC - Cambridge, England-based maker of scientific and technology products for digital imaging and sensing control applications - SDI expects earnings for the year to April 30 to be in line with current market expectations, which it puts at £9.8 million for adjusted pretax profit and £75.4 million for sales. ‘The year saw an improvement in operating margin delivering in-line earnings, with revenue at the lower end of expectations. The group generated stronger organic growth in FY26, particularly during the second half of the financial year,’ SDI said. ---------- Niox Group PLC - Oxford, England-based medical device developer - Year-to-date trading is in line with management expectations. Cash stands at £22.3 million as at the end of April, up from £19.9 million in December. It will release a trading update for the half-year to June 30 in mid-July. ---------- Ixico PLC - London-based medical research company, focused on analysing trial data using neuroscience imaging and biomarkers - Ixico reports a contract win and extension with a total value of £1.3 million over 2 years. The new deal will see it provide imaging analytics to validate an Alzheimer’s Disease biomarker test. It reports a phase 2 contract extension, extended an existing Huntington’s Disease probe with a ‘leading global pharmaceutical company’. ---------- Capricorn Energy PLC - oil and gas exploration and production company with operations in Egypt - Year-to-date production is tracking in line its 2026 guidance range of 18.000 to 22,000 barrels of oil equivalent per day. ‘In February a planned operational shutdown at the Badr El Din facility was conducted on time and safely. With ratification of the merged concession agreement, drilling is planned on the new acreage secured. In Q3 2026 we will drill two wells in this area,’ the firm adds. Capricorn is targeting 2026 capital expenditure between $85 million and $95 million. ‘Financial discipline remains central to our cash flow-focused strategy. This discipline supports ongoing investment and positions the business to capitalise on the opportunities created by the merged concession. We are now debt free, having repaid our remaining debt in April, and as of 30 April 2026, our group cash balance was $132 million,’ the company adds. ‘We continue to evaluate value-accretive opportunities, primarily focused on building out our business in Egypt and capitalising on our capabilities in the UK North Sea, that align with our strategy and commitment to shareholder value.’ ---------- Botswana Minerals PLC - focused on copper and strategic minerals in Botswana - Says 36 copper anomalies identified by artificial intelligence-assisted exploration. The finds are located across to of its eight licences in Botswana. ‘The anomalies identified share the geological characteristics of several major operating and historical deposits and fieldwork to identify the top targets for drilling will commence shortly. The ongoing work is evaluating the remaining six licences,’ the firm adds. ---------- Copyright 2026 Alliance News Ltd. All Rights Reserved.
|