Language translation technology group SDL announced on Friday that, based on unaudited results, it was expecting to deliver an adjusted EBITDA for 2017 of approximately £22m after the firm saw language services division improve gross margins throughout the second half of the trading year.
European-focussed energy investor Prospex Oil and Gas announced on Friday that flow-testing at the Podere Maiar-1 well in Italy had begun, with results from the testing expected to be available before 19 January.
Dublin-based software company Escher Group said on Friday that full-year revenue is expected to be marginally ahead of the $18m forecast in the trading update in November, while adjusted earnings before interest, tax, depreciation and amortisation will be around $2. 8m.
Music streaming and radio service provider 7digital Group on Friday said it had won two new contracts to further underpin 2018 revenues.
AIM-listed Lighthouse Group said on Friday that it expects to report full-year revenue, earnings before interest, tax, depreciation and amortisation and pre-tax profit ahead of market views.
Critical power control components developer and manufacturer XP Power had a "good finish" to its trading year ended 31 December, as strong order intake drove robust revenue growth.
African-focussed natural resource investor Armadale Capital has agreed to sell its interest in the Mpokoto gold project in the Democratic Republic of Congo for a total of $0. 56m and a 1. 5% royalty on all gold produced.
Embattled gold explorer Avocet Mining has been forced to delay the sale of its Burkina Faso assets, including the Inata goldmine, on the request of the buyer, Ghana's Balaji Group.
Surveillance group Petards said it expected full year pre-tax profits to be above market expectations, although £1m in revenues would be deferred into 2018.
AIM-listed FFI Holdings has acquired the motorsports entertainment insurance book of business from All Risks, the largest US independent wholesale brokerage, through its subsidiary Reel Media.
AIM-listed oil and gas group President Energy wrapped up its third and fourth workover wells at the recently acquired Puesto Flores Field in Argentina, completing the project on time and under budget.
Telit Communications said Italian tax authorities were appealing to the country's Supreme Court over its three year VAT assessment case.