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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: ---------- Eco Animal Health Group PLC - London-based animal health firm - Pretax profit increases 35% to £5.4 million in the financial year ended March 31 from £4.0 million the year prior. Sales grow 10% to £87.5 million from £79.6 million, with North America revenue growth of 22%, or 28% at constant currency, and Latin America growth of 15%, or 21% constant currency, driven by Brazil. Earnings per share increase 31% to 3.26 pence from 2.49p. Aivlosin demand continues to be robust in key markets, with particular growth in North America, Latin America and South East Asia, firm says. In the new financial year, says US revenue outperformance is offsetting reduced revenue in China, while gross margins strengthen further. Highlights continued growth in South East Asia with current order book covering a high proportion of full year management expectations in that region. ‘With further milestones expected over the coming year, we are well positioned to drive our next phase of growth and deliver long-term shareholder value,’ says Chief Executive David Hallas. ---------- Yellow Cake PLC - Jersey-based investor in and holder of physical uranium, founded by Bacchus Capital Advisers - Attributable pretax profit is $419.5 million in the financial year ended March 31, swung from a $469.2 million loss the year prior. Diluted earnings per share are $1.82 versus losses of $2.16 per share. This reflects fair value gains of uranium holdings totalling $434.3 million versus loss of $456.1 million the year before. The spot uranium price increases 30% to close at $83.95 per pound on March 31 compared to its close of $64.45/lb 12 months before. Net asset value per share rises to 633p per share from 505p. Yellow Cake discloses a 39% increase in the value of the holdings of uranium during the financial year to $1.94 billion as at March 31, as a result of a net increase in the volume of uranium held from 21.68 million lb to 23.11 million lb, combined with the appreciation in the uranium price. ‘While demand expectations continue to strengthen, global supply remains subject to severe structural constraints,’ says Chief Executive Andre Liebenberg. ‘As the term market continues to tighten, we remain highly confident in our model, which provides investors with direct exposure to the uranium price,’ he adds. ---------- Ferrexpo PLC - Baar, Switzerland-headquartered iron ore producer - Total commercial production is 963,409 tonnes in the second quarter of 2026, up 63% from 592,751 tonnes the year prior. For the first six months of 2026 production totals 1.6 million tonnes, down 54% on-year from 3.4 million tonnes. Total pellet production is up 64% in the quarter on-year, but down 36% in the six months period. ‘The group continues to operate in a highly constrained environment, affected by, among other things, severe operational and financial risks arising from the war in Ukraine, including a large number of its workforce serving in the Armed Forces of Ukraine and disruptions to and constraints within the group’s logistics operations, as a result of which the group currently has only one pellet line in operation,’ it says. Remains focused on managing its costs and its operations in order to protect its working capital whilst operating within a ‘highly constrained’ environment. Ferrexpo says it has an accessible cash balance of $27 million as at June 30. It now forecasts that it has sufficient net accessible cash less lease obligations and funds blocked at MBaer to operate in this current constrained environment until early fourth quarter. But stresses it ‘continues to be in a precarious financial position.’ Continues to believe that an equity capital raise is currently the most viable solution in the timeframe required, probably a placing to existing and new institutional investors to raise a minimum of $100 million to support the working capital position. ---------- Audioboom Group PLC - London-based podcast producer - Pretax profit rises to $3.1 million in the six months ended June 230 from $1.3 million the year prior as revenue grows 30% to $45.7 million from $35.1 million. Diluted EPS is 15.9 US cents, up on-year from 7.0 cents. Cash at June 30 is $5.4 million, more than double last year’s $2.5 million, with a further $3.3 million available via an overdraft facility. ‘The momentum we have built during the first half of 2026 provides us with confidence for the remainder of the year, and with more than US$81.0 million of revenue booked for 2026 we are already ahead of last year’s total revenue and are fully focused on maximising growth through the second half of the year,’ says Chief Executive Stuart Last. ---------- Cohort PLC - Reading, England-based defence technology business - Pretax profit rises 27% to £32.6 million in the financial year ended April 30 from £25.6 million the year prior, as revenue increases 13% to £306.4 million from £270.0 million. Highlights record order book of £618.8 million with deliveries extending out to 2037. Total dividend rises 10% to 17.90 pence from 16.30p. Basic earnings per share increase 16% to 52.2p from 45.1p. ‘Our trading performance and earnings were ahead of consensus market expectations, driven by very strong performance in our Communications and Intelligence division,’ says Chief Executive Andrew Thomas. ---------- The Artisanal Spirits Co PLC - Edinburgh, Scotland-based distiller of single-cask and limited-edition whiskies - Provides a trading update for the six months ended June 30. Says growth from the group’s brands offset by lower trade cask sales, resulting in group revenue broadly in line with last year. Revenue from SMWS, Single Cask Nation and Artisan Casks collectively increase by high single digits on-year with first half earnings before interest, tax, depreciation and amortisation maintained. Net cash flow improves by around £1.5 million versus the year prior, reflecting stronger performance from the Branded businesses. Artisanal Spirits expects continued momentum from the Branded businesses in H2, as well as substantial delivery of trade cask sales despite the softer market conditions in the period, supporting its expectations for the full year. Therefore remains confident in delivering its expectations for FY26. ---------- Ashtead Technology Holdings PLC - Aberdeen, Scotland-based provider of subsea technology to the offshore energy sector - Provides an update on trading for the six months ended June 30 and confirms comfort with full year market expectations. Says the first half of the year has seen continued revenue growth despite challenging markets. Project execution and strict cost-control measures have offset the impact of delays to our clients’ project activities due to conflict in the Middle East and weaker renewables activities in Taiwan. Revenue totals £100.2 million, up around 1% on-year, with adjusted Ebitda margin expected to be 37.8%, down from 38.7% a year ago. Margins are anticipated to strengthen during the seasonally stronger second half. ---------- Copyright 2026 Alliance News Ltd. All Rights Reserved.
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