Technology
SysGroup ends year in line with expectations
SysGroup confirmed on Tuesday that trading for the year ended 31 March was in line with market expectations, with adjusted EBITDA of £0. 9m and revenue of £20. 5m, down from £22. 7m in the prior year.
Insig AI ends year well ahead of recent guidance
Insig AI said in an update on Tuesday that trading for the fourth quarter and the full year to 31 March was ahead of prior expectations, with fourth-quarter revenue reaching £249,000 - up 90% on the third quarter and 210% on the second.
Nexteq reaffirms guidance amid global uncertainty
Nexteq reaffirmed its confidence in meeting full-year 2025 market expectations on Tuesday, as chair Carol Thompson outlined the group’s strategic priorities at its annual general meeting.
Slimmed-down THG confident despite revenue fall
THG reported lower revenue and widened losses for 2024, it reported on Tuesday, but maintained a positive outlook after a year of major restructuring.
Telecom Plus flags record full-year customer growth
Telecom Plus said on Tuesday that it delivered record customer growth, profits, and dividend increases in its financial year ended 31 March, with full-year guidance reiterated.
Berenberg ups target for Babcock, cites outlook, leverage, pensions deficit
Analysts at Berenberg upped their target price for shares of defence engineer Babcock, from 885. 0p to 910. 0p.
GB Group reports solid trading, warns of macro risks
GB Group reported a solid trading performance for the year ended 31 March on Thursday, with group revenue rising to around £283 million, representing 3% constant currency growth, although it warned of macroeconomic uncertainty affecting it in the short-term.
RWS adjusted profit falls, shares slide
RWS Holdings reported modest organic growth in the first half of its 2025 financial year on Thursday, with revenue rising 1. 3% on a constant currency basis, although falls in reported revenue and adjusted profit saw its shares slide.
Filtronic secures ESA 5G satellite programme contract
Filtronic has secured a new contract to support the development of next-generation space-based communications technology, it announced on Thursday, as part of the European Space Agency and Viasat’s Direct-to-Device (D2D) initiative.
PayPoint ends year in line with expectations
PayPoint said in an update on Wednesday that it expects to report full-year results in line with market expectations, with underlying EBITDA around £90m for the year ended 31 March.
AOTI gets TWO2 included on NHS Supply Chain framework
AOTI announced on Tuesday that it has secured inclusion of its Topical Wound Oxygen (TWO2) therapy in the NHS Supply Chain framework agreement for advanced wound care, effective from 1 September.
Mkango and CoTec appoint lead engineers for DFW hub project
Mkango Resources, alongside its partner CoTec Holdings, announced the appointment of PegasusTSI and BBA USA on Tuesday, to provide engineering, procurement and construction management (EPCM) services for the HyProMag USA rare earth magnet recycling and manufacturing project in the Dallas-Fort Worth area.
Ebiquity confident after second-half turnaround
Ebiquity reported a 4. 3% decline in revenue to £76. 8m for the year ended 31 December on Tuesday, with adjusted operating profit falling 34. 3% to £7. 9m.
Clean Power Hydrogen appoints chief commercial officer
Clean Power Hydrogen announced the appointment of Richard Scott as its chief commercial officer on Tuesday, effective 1 July, as it moved into the next phase of its commercial strategy.
ITM Power raises full-year revenue guidance
ITM Power raised its full-year revenue guidance for 2025 on Tuesday, to between £25. 5m and £26. 5m, reflecting a 30% increase on the midpoint of its previous range of £18m to £22m.
Videndum says debt discussions progressing positively
Videndum said in an update on Tuesday that its debt discussions were progressing, as it confirmed it would publish its audited results for the year ended 31 December on 30 April.
TSMC reports strong start to year, denies rumours of Intel tie-up
Taiwan Semiconductor Manufacturing Company (TSMC) reported a robust start to 2025 on Thursday, posting a 60. 3% year-on-year increase in first-quarter net income to TWD 361. 56bn (£8. 39bn) and a 41. 6% rise in revenue to TWD 839. 25bn.
Alphawave reports record bookings, withholds guidance amid trade uncertainty
Alphawave IP Group reported record annual bookings for 2024 on Thursday, reflecting strong demand for its high-speed connectivity IP, despite a drop in total revenue and a wider operating loss, although it withheld guidance for the current financial year amid global trade uncertainty.
Chipmaking equipment giant ASML misses Q1 order expectations
ASML, the world’s leading supplier of advanced semiconductor manufacturing equipment, reported weaker-than-expected orders for the first quarter of 2025, raising concerns about the impact of escalating US trade policies on the global chip industry.
Cirata posts strongest Q1 bookings since 2019
Cirata posted its strongest first-quarter bookings since 2019 on Wednesday, with total bookings rising to $3m for the three months ended 31 March - a 330% increase year-on-year.