The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:
---------
Visum Technologies PLC - Northamptonshire, England-based video technology for leisure market - Posts revenue of £28,455 for the 16 months ended on June 30, due to the impact of Covid. Cost of sales is £28,960. Expects its cost of sales to trend towards 25% to 30% as the business ramps up. Reports loss on ordinary activities before tax of £858,776. Says 2023 is off to a ‘positive’ start, with three contracts in place.
---------
Jupiter Green Investment Trust PLC - investment firm focused on companies which have a significant focus on environmental solutions - Reports net asset value per share of 234.51 pence as at September 30, down from a NAV of 258.43p as at March 31. Records a six-month ended September 30 NAV return of negative 9.5%, underperforming its benchmark, the MSCI World Small Cap Total Return index, which returned negative 7.5%.
---------
Schroders PLC - London-based asset manager - Reports net asset value of 100.62 pence per share as at September 30, down 3.4% from 104.14p on March 31. Says the decrease reflects ‘a challenging period in the UK’s public equity markets, particular for small and mid-cap stocks, whose valuations have been disproportionately impacted by rising interest rates and the increased squeeze on consumers, who are already struggling with inflation’. In the six months ended September 30, company swings to net loss before tax of £2.8 million from a profit of £3.2 million.
---------
musicMagpie PLC - Stockport, England-based used-technology reseller - Says financial performance for the year ended on November 30 is in line with expectations. Expects annual revenue to be £144.8 million, down from £145.5 million the year before. Earnings before interest, tax, depreciation and amortisation to be in line with guidance.
---------
Copyright 2022 Alliance News Ltd. All Rights Reserved.
