Shares in Filtronic tanked on Wednesday as the AIM-listed designer and manufacturer of antennas said it expects to make a loss for the current year as one of its customers will be purchasing fewer antennas than originally planned.
BigBlu Broadband reported on Wednesday that annual revenues had expanded on the back of higher customer numbers and recurring revenue.
Franco Manca and The Real Greek owner Fulham Shore posted a jump in interim pre-tax profit on Wednesday and said it is considering extending its opening programme beyond the current financial year.
Kettle safety control manufacturer Strix Group updated the market on its intellectual property protection initiatives on Wednesday, reporting that it had successfully enforced its patents, which were being breached by manufacturers in China.
Biotherapeutic development company Avacta Group announced on Wednesday that Dr Jose Saro has been appointed as its chief medical officer, to lead its therapeutic development strategy and drive the in-house programmes into the clinic.
Malawi-focussed rare earths exploration and development company Mkango Resources announced on Wednesday that the Government of Malawi has granted a further two-year renewal to its flagship project.
Clear Leisure announced on Wednesday that, following the case management conference at the High Court on 9 November, a full and final settlement has been reached with the defendants in the sum of £1. 15m before legal and insurance expenses of nearly £0. 3m payable in cash to the company.
Summit Therapeutics on Tuesday reported that its third quarter loss expanded due to one-off charges, but stated that the company has swung to a profit over the first nine months of the year.
RWS Holdings unveiled a surge in full-year revenues and profits on Tuesday, and said it was on track to deliver another record year, following the “transformational” acquisition of Czech translation service Moravia.
Young's said on Tuesday that Steve Robinson has resigned as chief financial officer and left the business to pursue other interests.
Remote location services specialist RA International Group has secured a contract in an unnamed central African country, with an unidentified publicly-listed US company, it announced on Tuesday.
Cable assembly supplier Volex announced the acquisition of GTK, a UK-based manufacturer of customised electronic solutions including cable assemblies, displays and connectors, for a total consideration of £14. 3m on Tuesday.
Integrated drug development company Venn Life Sciences announced a strategic collaboration with Open Orphan DAC, as well as the issue of £1m in privately-held loan notes on Tuesday, to fund an increased focus of the business into the high growth area of orphan diseases.
Infection prevention, contamination control and hygiene product manufacturer Tristel told shareholders that it was expecting unaudited pre-tax profit before share-based payments of at least £2. 2m in its first half on Tuesday, up from £2m year-on-year.
Pressure Technologies reported on Tuesday that its full-year loss widened due to the impact of a weak performance in its Renewable Energy division.
Atlantic margins-focussed oil and gas exploration company Chariot Oil & Gas updated the market on its operations on Tuesday, prior to its 31 December year-end, reporting that over the past 12 months it had continued to invest in its portfolio to capitalise on the current low cost environment.
K3 Capital was boosted on Tuesday after the company said it achieved “significant” revenue and profit growth across its Knightsbridge and KBS Corporate brands.
Premium chocolatier Hotel Chocolat has opened its first store in New York as it presses ahead with its expansion plans.
Bilby’s shares dived on Tuesday after interim profits narrowed on falling revenue as the company ceased its building services work with the Ministry of Defence.
Asia-Pacific focussed oil and gas production company Jadestone Energy updated the market on its Montara asset inspection and maintenance shutdown on Tuesday, reporting that the operating team had made “excellent” progress in efficiently and safely completing more than 8,000 hours of work offshore.