Small cap round-up

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Sharecast News | 19 Jul, 2016

DP Poland, which has the right to develop, operate and sub-franchise Domino's Pizza stores in Poland, posted a rise in sales for the first half of 2016.

In the half year to 30 June, the company’s like-for-like system sales rose 28%, marking 15 consecutive quarters of double-digit sales growth. Meanwhile, total system sales were up 57% from the first half of 2015 and the company opened five new stores.

ITE Group said it has appointed Andrew Beach as chief financial officer.

Beach is currently CFO at Ebiquity plc, the AIM listed marketing analytics specialist. He will join ITE by the beginning of January 2017.

Versarien’s full-year profits took a hit from the on-going malaise in the Oil&Gas sector, although management sounded an optimistic note on the potential of its products, including graphene.

The advanced engineering materials group recorded losses before tax of £1.8m, up from £0.9m in 2015.

Centaur Media said it has appointed Swag Mukerji as chief financial officer.

Formerly CFO of Safetykleen Group and most recently Polestar Group, Muckerji will start on 29 July 2016. On this date Mark Kerswell, whose resignation was announced on 27 May 2016 will step down from the company's Board. A handover is taking place from 18 July to ensure continuity, Centaur said.

Medical technology company Angle’s European ovarian cancer study has been formally initiated with a first patient recruited.

Angle completed the process required to initiate this study, which included optimising the system protocols for the application, development and approval of the study plan and data collection.

Portfolio analysis and asset pricing service provider StatPro Group posted a trading update for the six months to 30 June on Tuesday, reporting a 26% increase in group annualised recurring revenue to £36.2m.

The AIM-traded firm said that on a constant currency basis the rise was a more modest 13%.

Power project company KSK Power Ventur announced its final results for the year to 31 March on Tuesday, posting a 76% increase in gross revenue to $674.5m.

The AIM-traded firm’s gross profit improved by 124% to $231.3m, with a 296% increase in operating profit to $160.5m.

Home improvements group Entu posted results for the six months to 30 April on Tuesday, saying its home improvements business performed well overall with a record order book at the end of the period and full FCA authorisations secured.

Shares in the company were last down 28.07% at 39.2p, at 1310 BST.

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