Event in Progress:
Research Tree provides access to ongoing research coverage, media content and regulatory news on Technogym S.p.A.
We currently have 1 research reports from 1
The group’s AGM update provides a mixed picture as new order momentum provides further order book growth and internal operational improvements have been implemented as part of the CEOs strategy. However, some areas such as Industrial and Medical laser have seen demand weakness and destocking, which has been more prolonged than previously expected. As such, it signals the expectation that profits will be H2 weighted and adjusted PBT will be c£3m lower than previous guidance. We reduce our forecas
Companies: Gooch & Housego PLC
Companies: CPH2 GHH ARC KRM STX ATOM
At its AGM scheduled for 11.00am today, the Group will state that the business continues to trade satisfactorily and financial results are expected to be in line with current market expectations. Although trading conditions in the current financial year to August 2024 remain challenging, the Group has a strong product offering which has been well received by the trade. Adverse trading conditions will at some stage revert to normality which we believe will allow strong historic growth to resume.
Companies: Character Group plc
The group delivered a strong set of interims, boosted by a full contribution from Custom Power (CP) and its large military contract delivery. Organic growth was over 35%, with an improvement in underlying margins, albeit with the margin mix diluted by the military contract delivered. As flagged, H1 order intake saw some customer destocking, although there may be some early signs this could be abating. Even so trading remains resilient. The outlook points to trading in line with recently upgraded
Companies: Solid State plc
Nexteq’s Quixant division hosted an event at the ICE gaming exhibition on 7 February, and as we show from p3, Quixant had a strong presence to discuss numerous opportunities with new and existing customers. Highlights of the event included: the successful launch of the IQ-2 solution, which expands Quixant’s opportunities in emerging markets including LatAm; the team’s diligence in delivering the QMAX-3 in under 9 months supporting a multi-year extension with a major customer; and a UK-based cust
Companies: Nexteq PLC
Solid State (SOLI) is a specialist, value-added component supplier and design-in manufacturer of computing, power and communications products. We believe that the business is well placed to continue to deliver over the next few years, driven by underlying growth across a number of its core markets, alongside a successful bolt-on acquisition strategy. Interim results in December were positive, continuing an impressive run of form over the last few years. With Custom Power, SOLI's largest acquisit
Companies: Celtic Plc
Companies: PGH LPA EMR TIME SBTX RDT TETY TSSNF TETY
Solid State is a specialist value added component supplier and design-in manufacturer of computing, power and communications products. This morning, the group has released interim results to 30 September 2023, illustrating strong growth at both the revenue and PBT levels, with the Board reaffirming confidence in meeting full year expectations. H1 2024 revenue increased by 48% to £88.1m, driven in part by a £23.4m contribution from specific contracts within defence and security, with adjusted PBT
We are raising our price target for BWMX to $22.50 (from $17) increasing our 2024 top and bottom line projections and rolling out 2025 projections after Betterware de Mexico registered 4Q upside on virtually every level, with the Betterware division returning to YoY top line growth for the first time in eight quarters, and 9.6% YoY revenue growth for JAFRA Mexico with materially better than expected margins. The company continued to reduce overall debt levels and raised the dividend rate by 25%,
Companies: NUS MED NUS BWMX MED DDMX
Small Cap Consumer Research LLC
Solid State has confirmed the strong H124 performance, boosted by a full period contribution from Custom Power combined with the benefit of delivering the NATO contract. Despite the continuing challenges we expect organic growth to resume from the lower trend level of profit excluding the NATO uplift from H224. Following the recent 5% uplift for both revenue and PBT, FY24 guidance and market consensus estimates are unchanged.
On 9 January last year, we set out our ten top stock picks for 2023, for what turned out to be another relatively poor twelve months for UK equities due to two wars, stubbornly high inflation and further tightening of monetary policy. This was even as other major markets, such as the US, largely recovered in the year. In the 2023 calendar year, the AIM All-Share index fell 8.2% and is still 42% off its 2021 high. From the release of our 2023 top picks note, the average total return (assuming div
Companies: PTAL GHH IGP MSLH PINE NXQ EQLS NXR AXL
Excluding FX mark-to-market adjustments, The Character Group (Character) delivered full year adjusted PBT slightly ahead of forecasts at £5.2m following a strong H2 recovery as intimated by the Board many months ago. While economic conditions remain challenging, a strong product portfolio which has been well received by the market, together with satisfactory trading encourages the Board to expect an improvement in sales and profitability for the current financial year. With an attractive yield,
The covid-19 pandemic has had a devastating effect on the share price of property companies, with 31% wiped off the value of their total market capitalisation during the first quarter of 2020.
Companies: HMSO BOOT BLND UTG GRI HLCL INL WKP WHR NRR CSH ASLI SOHO SUPR PCA EBOX CREI THRL CAL EPIC AGR AEWU PHP RESI SHED RGL GR1T
Please find below our weekly update covering themes that we feel that are of interest to investors and participants in the small and mid-cap TMT sector as well as commentary on recent newsflow.
Companies: Ensilica PLC (ENSI:LON)Spectra Systems Corporation (SPSY:LON)