Event in Progress:
Discover the latest content that has just been published on Research Tree
Against a softening macro backdrop, the solidity of SThree’s Q1 net fee outcome; +4% YoY at constant currency (+9% post FX), speaks volumes to the resilience of SThree’s differentiated focus on both Contract (now 81% of net fees) and STEM disciplines. There are a number of moving parts beneath the headlines – Contract growth vs Permanent declines as well as a degree of regional variation – nonetheless the Q1 outcome was consistent with our full year expectations and we leave our estimates unchan
Companies: SThree plc
Radnor Capital Partners
Companies: FOUR ESKN STEM TGA CMO
Final results show a performance that was significantly ahead of expectations at the start of the year. SThree also provided a great deal of detail around the technology improvement programme. This significant investment (£26m - £31m over the next two years with £4m already expensed) is a fundamental driver behind SThree’s strategic growth and margin ambitions and could see SThree move beyond a linear relationship between growth and sales headcount.
Research Tree provides access to ongoing research coverage, media content and regulatory news on SThree plc.
We currently have 322 research reports from 8
Capital Limited (LSE: CAPD) released its full year results (YE Dec 2022) this morning. The company had already released the operational figures for the year including revenue so focus is on EBITDA and below as well guidance. Having said that it is impressive that this is the third consecutive year Capital has delivered material growth in revenue, with full year sales increasing 28%, following 68% YoY growth in 2021 and 18% YoY growth in 2020. Moreover the company is guiding to $320-340m for FY23
Companies: Capital Limited
21 February 2023
Status of this Note and Disclaimer
This document has been issued to you by Hybridan LLP for information purposes only and should not be construed in any circumstances as an offer to sell or solicitation of any offer to buy any security or other financial instrument, nor shall it, or the fact of its distribution, form the basis of, or be relied upon in connection with, any contract relating to such action. This document has no regard for the specific investment objec
Companies: SLP AXL BLTG BGO ZOO VRS SPR
Companies: Luceco PLC
Companies: Yu Group PLC
Companies: Costain Group PLC
Companies: Saietta Group PLC
Judges Scientific is a group involved in the buy and build of scientific instrumentation businesses. Testament to the strength of its highly engineered offer and global diversified customer base (offsetting Covid-induced earlier weaker order intake from China, although rebounding in December 2022), total revenue increased an impressive 24% to £113.2m (organic basis 8%), buoyed by Geotek, with adjusted PBT increasing a substantial 56.7% to £28.3m (FY2021: £18.1m), 4% ahead of our estimate of £27
Companies: Judges Scientific plc
Supreme reports that it has entered into an agreement with an associated company of La Vape Professionelle Distribution (LVP), a leading French wholesaler of e-cigarettes and e-liquids, for the disposal of the intellectual property (IP) of T-Juice, inclusive of the Red Astaire brand.
Supreme will receive an upfront payment of €4.5m (£3.97m) in respect of T-Juice brand IP, with the addition of income from consultancy services. The agreement ushers in a new strategic partnership in which Supreme
Companies: Supreme PLC
The AGM statement reiterated the ‘cautious optimism’ that underpinned the group’s recent annual report (covered in our 9 February update). HDD is experiencing growth across all of its key markets; aerospace, energy and industrial products. First half revenues to end March 2023 are expected to come in around 7% ahead y-o-y.
That will be sufficient to deliver forecast EBITDA breakeven in FY23 despite deferral of a c. £0.3m order into H1 FY24. That outcome underlines the success of initiatives to
Companies: Hardide plc
YUG announced its full year 2022 financial results, which exceeded recently revised market expectations.
Companies: Kier Group plc
Italia MDC project now operational. EQTEC has announced that its Italia MDC project is now operational. The gasification and biochar facilities were commissioned in January, with the Jenbacher engine commissioned in March and first electricity export recently achieved. EQTEC expects full handover of operations before the end of March.
Companies: EQTEC PLC
Powerhouse has agreed terms for a joint venture to develop a waste to hydrogen project in the Republic of Ireland on a strong-centrally located site. This will now be the company’s entry point into the Irish market. While the country has a plastic recycling rate of 29% it is highly reliant on exporting packaging material abroad for treatment and in-country solutions represent a wider opportunity for Powerhouse in our view.
Companies: Powerhouse Energy Group PLC