The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday.
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SMALL-CAP - WINNERS
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Trustpilot Group PLC, up 21% at 74.95 pence, 12-month range 51.85p-429p. The online review platform reports double-digit rise in interim revenue and a narrowed loss as it backed its annual revenue outlook. Reports an 18% rise in revenue to $73.4 million from $62.4 million a year earlier. Pretax loss narrows to $9.2 million from $17.3 million, as general and administrative expenses fall 30% to $21.2 million from $30.1 million a year ago.
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Petra Diamonds Ltd, up 6.0% at 111.3p, 12-month range 139p-30.94p. The diamond miner says revenue for financial year to June 30 rises to $585.2 million from $406.9 million the year before, but pretax profit drops to $125.9 million from $219.6 million. This is largely due to a gain boosted in the 2021 financial year of $213.3 million which did not repeat in the recently ended year. On adjusted basis, swings to profit of $141.9 million from loss of $18.3 million.
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Harworth Group PLC, up 4.0% at 142.00p, 12-month range 126p-193.3p. The land regenerator says EPRA net disposal value per share rises to 224.7p at end of June from 197.6p at end of December. Total return for period is 14%, below the 15% return a year before. ‘The supply and demand factors supporting our markets have been resilient to date, our pipeline remains robust, and our through-the-cycle investment and management actions continue to drive value across our portfolio,’ says Chief Executive Lynda Shillaw.
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SMALL-CAP - LOSERS
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Porvair PLC, down 1.7% at 537.00p, 12-month range 505p-772p. The manufacturer focused on filtration and separation technology says performed well in its third quarter ended August 31 and is trading in line with market expectations for full-year. Order book remains elevated, but it adds: ‘In recent weeks some segments have seen signs that lead times, and thus order levels, are starting to return to more traditional levels.’
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