The following stocks are the leading risers and fallers on AIM in London on Wednesday.
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AIM - WINNERS
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Keywords Studios PLC, up 2.8% at 2,684.00 pence, 12-month range 1,950p-3,056p. The video games technical and creative services provider ups full-year expectations for 2022. Now expects revenue to be €690 million, up from previous €675 million outlook, and pretax profit of €112 million, up from €110 million prediction. In 2021, Keywords reported revenue of €512 million and pretax profit of €86 million. Says the momentum experience in the first six months of 2022 continued into the second half of the year. Looking ahead to 2023, Keywords says it is confident in delivering a performance towards the upper end of the analysts’ consensus range. Company compiled analysts forecasts gave a consensus for 2023 of revenue of €800 million and pretax profit of €120 million.
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AIM - LOSERS
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Watkin Jones PLC, down 6.4% at 102.00p, 12-month range 76.19p-275p. The London-based housing developer, contractor and manager’s revenue in the year to September 30 falls 5.4% to £407.1 million from £430.2 million. Pretax profit falls 64% to £18.4 million from £51.1 million. Notes lower than expected forward sales in September and some pricing and margin softness on sales in the second half of the financial year. Dividend per share falls 9.8% to 7.4p from 8.2p. ‘The group retains very good visibility over its development pipeline, has low levels of asset exposure and strong liquidity,’ the company says looking ahead.
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Greatland Gold PLC, down 3.5% to 7.92p, 12-month range 7p-17.2p. The mining development and exploration company says development of the mine decline at its joint venture Havieron has accelerated as ground conditions improve. Havieron, in Paterson region of Western Australia, is being developed by 70% joint venture partner Newcrest Mining Ltd. Also notes high grade material at Northern & Eastern Breccia drilling operations.
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