Technology
Tristel full-year results top market expectations
Infection prevention products manufacturer Tristel announced its audited results for the year ended 30 June on Monday, surpassing market expectations.
Midwich revises expectations amid challenging market
Audio-visual distribution specialist Midwich Group revised its expectations for the year on Monday, amid persistently challenging market conditions.
Elixirr acquires Hypothesis Group in $45m deal
Elixirr International announced the acquisition of Hypothesis Group, a US-based insights and strategy firm, for a maximum consideration of $45m on Monday.
PureTech's Seaport closes $225m series B round
PureTech Health announced on Monday that Seaport Therapeutics, a company it founded, has closed an oversubscribed $225m series B financing round.
Cambridge Cognition ex-CEO resigns as director
Cambridge Cognition, a provider of digital solutions for assessing brain health, announced the formal resignation of Dr Matthew Stork as a director of the company and its subsidiaries on Friday.
MicroSalt reiterates progress after share price surge
MicroSalt responded to a significant rise in its share price on Friday, confirming that there was no new trading or operational update beyond the information it provided in its interim results in late September.
Fonix maintains expectations amid Irish regulatory uncertainty
Fonix updated the market on its operations in the Republic of Ireland on Friday, ahead of an expected regulatory change.
Cloudcoco agrees £0.25m sale of Connect subsidiary
Cloudcoco Group announced the conditional sale of its subsidiary Cloudcoco Connect on Friday, to the BE Company, for £0. 25m in cash.
Gore Street Energy Storage secures 12-year contract for Big Rock
Gore Street Energy Storage Fund announced on Friday that it has secured a 12-year fixed-price resource adequacy (RA) contract for its California-based asset, Big Rock, with Goldman Sachs subsidiary J Aron & Company.
GB Group flags strong first-half performance
Identity fraud and location software specialist GB Group flagged strong first-half financial results on Thursday, with revenue reaching £137m, a 4. 5% increase on a constant currency basis over the year.
Augmentum Fintech portfolio firm Farewill to be acquired by Dignity
Augmentum Fintech responded to the proposed acquisition of its portfolio company Farewill by Dignity on Thursday.
Octopus Renewables acquires 42MW solar farm near Dublin
Octopus Renewables Infrastructure Trust (ORIT) announced on Thursday that it has completed the acquisition of a 42MW solar farm near Dublin, expanding its ownership of Ireland’s largest solar complex.
Chemring flags strong trading performance
Chemring reported a strong trading performance for the year-to-date on Thursday, with its full-year outlook remaining in line with analyst expectations despite foreign exchange headwinds.
Image Scan finalises £3m UK defence contract
Image Scan announced the finalisation of a significant contract with UK defence contractor NP Aerospace on Wednesday, for the supply of its ‘ThreatScan’ portable x-ray system.
New ITM Power finance chief to start in early January
ITM Power confirmed on Wednesday that Amy Grey would assume the role of chief financial officer on 6 January, earlier than previously anticipated.
Mony Group confident despite third-quarter revenue slip
Mony Group reported a 2% year-on-year decline in third-quarter revenue in a trading update on Wednesday, largely due to underperformance in its travel and home services divisions.
Oxford Instruments reports strong first-half demand
Oxford Instruments reported strong demand and order intake growth in a half-year trading update on Wednesday.
Ericsson posts stronger-than-expected third quarter
Ericsson posted stronger-than-expected third-quarter results on Tuesday, driven by a major contract with AT&T and solid growth in North America, despite facing a challenging global telecom market.
Strix passes three billion kettle control milestone
Kettle safety and water technology specialist Strix Group announced a significant milestone on Tuesday, having produced over three billion kettle controls worldwide.
Seraphim Space upbeat after solid year for SpaceTech
Seraphim Space Investment Trust, the world’s first listed SpaceTech investment company, reported an increase in its portfolio value to £201. 5m in its full-year results on Tuesday, up £14. 1m year-on-year.