Recruitment giant Michael Page International (MPI) nudges ahead 2.1% to 437p after saying that second quarter gross profit increased 1.5% to £137.2 million. The UK is doing particularly well, offsetting a decline in income from the Americas region due to unfavourable foreign exchange rates. Panmure Gordon switches from 'sell' to 'hold', says there's signs of underlying improvement in most markets.
A maker of models for theme parks and museums, Paragon Entertainment (PEL:AIM) slumps 18.1% to 3.38p after a warning that delays to a major creative contract will reduce earnings expectations for the current financial year.
Resilient agriculture, food and engineering combine Carr's Milling Industries (CRM) cultivates a 19p (1.1%) gain to £17.69 on a reassuring trading statement. CEO Tim Davies, a recent Griller interviewee, flags a strong performance across all every division in the 19 weeks to 12 July and assures year-to-August forecasts will be met. Read our news analysis here.
Clover-to-Cathedral City maker Dairy Crest (DCG) dips 2.2% to 428.6p on a mixed first quarter trading statement. Though County Life, FRijj and Cathedral City all grew in the three months to June, fourth key brand Clover's sales fell in a tough spreads market. Shares recently outlined the food producer's uncertain outlook.
Software provider and consultant to the oil and gas industry KBC Advanced Technologies (KBC:AIM) ticks up 2.6% to 125.7p. The catalyst is a $5.8 million contract for its refinery simulation software Petro-SIM with an unnamed 'large' South American based energy firm.
An upgraded resource estimate for its Santa Maria Goretti prospect lifts Italy-focused oil and gas minnow Sound Oil (SOU:AIM) 9% to 11.7p. An independent audit increases the previous resource estimate by 82% to 32.8 billion cubic feet with a net present value of €52.4 million and the company hopes to drill in 2015. Read our news analysis.
Real estate investor Summit Germany (SMTG:AIM) rises 1.5% to 0.65p on positive interim figures for the six months to July. Net rent increased 17% to €45.7 million on rising occupancy and acquisitions, while loan to value fell to 54% from 62%.