Source - Alliance News

The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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NIOX Group PLC - Oxford-based developer of medical devices for asthma diagnosis and management, formerly known as Circassia Group - Expects 2022 underlying revenue growth of 15% to £31.3 million from £27.9 million a year ago. Adjusted earnings before interest, tax, depreciation and amortisation is expected to be about £7.0 million, ahead of consensus.

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McBride PLC - Manchester-based manufacturing company - Says it has performed in line with expectations during the first half ended December 31. Revenue is 31% higher than prior period, benefiting from both the effective pass-through of input cost inflation and volume growth. ‘Customer service levels significantly improved as a result of a focussed effort during the period and cost efficiency initiatives have continued,’ it adds. Expects to report a small adjusted Ebitda loss before exceptional items at the interim results on February 28.

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Boku Inc - San Francisco-based mobile payments company - Expects revenue for 2022 to be at least $63.3 million, up slightly from $62.1 million a year earlier despite significant currency headwinds. Adjusted earnings before interest, tax, depreciation and amortisation is forecasted to be at least $20.0 million in line with market expectations. In 2021, adjusted Ebitda was also $20.0 million, up 31% from $15.3 million a year earlier.

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Quiz PLC - Glasgow-based fashion retailer - Says December revenue amounts to £9.8 million, up 11% from £8.8 million a year ago. This performance reflects ‘strong customer demand for Quiz’ s trademark dressy occasionwear in the first Christmas period in three years not impacted by Covid-19 related social restrictions’. The stronger demand helped offset slightly weaker than anticipated revenue in the weeks prior to the period and contributed to a 3% increase in revenues in the three months to 31 December 2022, which was in line with the board’s expectations. As a result, revenue in the nine months to December 31 totalled £75.2 million, representing a 23% increase on the £61.0 million a year prior. Looking ahead, Quiz remains confident it will deliver profits for the full year to March 31 at least in line with its expectations.

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