Small Caps
Berenberg slightly raises target price on Coats Group
Analysts at Berenberg raised their target price on thread and structural components' manufacturer Coats Group from 120. 0p to 135. 0p on Thursday after the group announced that its UK pension scheme was now fully de-risked, a long-awaited catalyst for the stock.
Revenue falls but profits stable at Churchill China
Hospitality ceramics manufacturer Churchill China reported a 7. 8% decrease in revenue in its interim results on Thursday, totaling £40. 6m, compared to £44m in the same period last year.
Xeros shares tumble as it slashes revenue, earnings expectations
Textile industry environmental innovator Xeros Technology announced a delay in the mass market launch of a new nine-kilogram washing machine by its Indian licensee IFB Industries on Thursday.
Fusion Antibodies strengthens financial position despite revenue decline
Preclinical antibody discovery and engineering specialist Fusion Antibodies said in its final results on Thursday that despite a challenging year with a decline in revenue, it had strengthened its financial position and expanded its pipeline of opportunities.
Safestay reports 23pc rise in first-half earnings
Hostel operator Safestay reported a 23% increase in first-half EBITDA on Thursday, reflecting significant operational progress and portfolio expansion.
Oriole Resources swings to first-half profit
West and Central Africa-focussed exploration company Oriole Resources reported a first-half pre-tax profit of £1. 15m on Thursday - a significant improvement compared to a loss of £0. 86m in the same period in 2023.
Mkango raises £1.25m to expand magnet recycling operations
Mkango Resources announced on Thursday that it has completed a private placement, raising £1. 25m to support its efforts to expand its rare earth magnet recycling operations in the UK and Germany.
Speedy Hire trades well despite 'continuing challenging conditions'
Tools and equipment rental business Speedy Hire said on Thursday that it had "performed well" year-to-date, despite "continuing challenging conditions" in certain end markets.
Jet2 summer seat capacity rises 12.4pc
Airline business Jet2 said on Thursday that summer 2024 on-sale seat capacity was 12. 4% higher than Summer 2023 at 17. 17m, a "slight increase" on the level reported at its preliminary results.
Beowulf reports positive test-work results from Kallak Project
Beowulf Mining announced positive results from its 2024 metallurgical test-work programme for the Kallak Iron Ore Project in Sweden on Thursday.