Small Caps News
CPP Group offloads German card protection business
Financial and insurance services company CPP Group has sold CPP Germany, its German card protection legacy business, to banking, retail and leisure value-adding specialist Mehrwerk, it announced on Tuesday.
Escape Hunt narrows loss despite Covid-19 closures
Escape Hunt reported a group adjusted EBITDA loss of £1. 4m in its final results on Tuesday, narrowing from a loss of £1. 7m in the prior year, despite Covid-19 restrictions shuttering its locations for much of the period.
Second half trading underpins result for Sanderson Design Group
Interior design and furnishings company Sanderson Design Group reported revenue of £93. 8m in its final results on Tuesday, down from £111. 5m year-on-year, which it put down to a “difficult” global marketplace in the first half caused by the effects of Covid-19 lockdowns globally.
Accrol FY earnings in line despite weaker-than-expected sales growth
Tissue convertor Accrol said on Tuesday that adjusted earnings were projected to be in line with expectations, despite a lower than anticipated increase in sales resulting from consumer Covid-19 panic-buying in the early stages of the pandemic.
Minds + Machines 2020 revenues fall, new year even lower
Internet domain name registry company Minds + Machines reported revenue of $16. 83m (£11. 84m) in its final results on Tuesday, down from $17. 23m in the prior year.
Renew positive on outlook for infrastructure sector
Infrastructure engineering services company Renew reported a 17% improvement in its first-half revenue on Tuesday, to £366. 4m.
Shoe Zone on the back foot after H1 revenues trip up
Footwear retailer Shoe Zone was on the back foot early on Tuesday after reporting a slight widening of interim statutory pre-tax losses as revenues slumped amid the Covid-19 pandemic and its associated lockdown measures.
Warehouse REIT acquires 68,000 square foot industrial estate in Cambridge
Industrial real estate investor Warehouse REIT has increased its exposure to the Oxford/Cambridge arc with a £20. 0m acquisition.
Proactis Holdings to provide spend management solution to Canadian nursery chain
Software firm Proactis Holdings has signed a three-year contract with Sheridan Nurseries, Canada's largest fully integrated garden centre, to provide its business spend management solution across the nursery's eight locations.
React Group wins three-year contract extension with Tier-1 customer
Cleaning and decontamination company React Group revealed on Tuesday that it has had been awarded a contract extension to provide specialist deep cleaning services to an unnamed Tier-1 customer in the rail sector.