Event in Progress:
Research Tree provides access to ongoing research coverage, media content and regulatory news on Worksport Ltd.
We currently have 1 research reports from 1
Companies: Ceres Power Holdings plc
Companies: CPH2 ITM CNA VLS AFC DRX IKA CWR CHAR IES AT/ HE1 ATOM
Sanderson Design Group (SDG) has reported on its H1 trading performance for the six months to 31 July. The continued strong performances of both the Licensing channel and the US market, echoing last year, have offset the previously anticipated tougher market conditions in the UK. Thus, while group revenues eased back by 2.1% on a reported basis, H1 FY24E’s adjusted underlying profit before tax, supported also by some UK cost savings, is expected to be marginally ahead of last year’s £6.3m, drive
Companies: Sanderson Design Group PLC
Progressive Equity Research
Companies: CML FDEV NRR SSPG RMV AO/ ZIN
Solid State has made an excellent start to FY24 with strong continuing organic growth in H124 enhanced by a full period contribution from Custom Power. As a result, management anticipates better-than-expected revenues and PBT for the full year with market consensus rising by c 5% to £155m and £12.5m, respectively.
Companies: Solid State plc
30th October 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 obje
Companies: ARS TGIF CLBS SDG SOLI NTBR PHE SPEC INSG BCOW AEE
Burberry published a slightly better-than-expected first half performance but warned that the slowdown in luxury demand across the globe has started to weigh on its business.
The group said that it is unlikely to achieve its guidance for FY23/24 if the weaker demand persists.
Companies: Burberry Group plc
Initial sales from the launch of Warhammer Age of Sigmar: Realms of Ruin have underperformed. After several disappointing new releases, the company has decided to reverse its strategy to diversify into adjacent game genres. We believe the increased focus should improve Frontier Development’s efficiency but may also increase its revenue concentration and volatility. The update and strategic change lead us to lower FY24 Adj LBITDA to £13.6m from £9.0m. We now also forecast no revenue growth over t
Companies: Frontier Developments Plc
Through its Sanderson brand, SDG has announced a new licensing agreement with Habitat which will launch a range of table/kitchenware based on Sanderson’s National Trust collection of fabrics (one of its best-selling collections since launch). The new products will launch in spr’25 and generate incremental royalty income for both SDG and the National Trust from FY26 onwards, in line with the group’s Live Beautiful strategy.
Singer Capital Markets
The Group has delivered a first half performance that is in-line with management expectations. Despite softer market demand, underlying EBITDA emerged at £95.8m (H1 FY23 £100.1m) with the margin improving strongly to 14.9% from 13%, due in large part to productivity gains and increased operational efficiencies stemming from significant restructuring. The outlook through the second half is more challenging with lower demand affecting sales and inflation edging up raw material inputs. As a result,
Companies: Victoria PLC
Spectra Systems Corporation, a leader in machine-readable high speed banknote authentication, brand protection technologies and gaming security software has, as anticipated, announced that one of its long-time central bank customers for banknote security materials has placed a new consumables order for the fiscal year ending 30 September 2024 as part of its five-year contract with Spectra (which was entered into in 2019).
Companies: Spectra Systems Corporation
Companies: Portmeirion Group PLC
Companies: ITV RR/ KWS JD/ SENX
Companies: SOLI DOTD NXQ LINV
£23.3bn in enterprise value has been returned to AIM technology shareholders over the past six years in the form of 51 public to private takeouts, including 10 in 2023 alone with the takeovers of Smoove* and Tribal announced in early October. With UK valuations appearing cheap and looking more attractive to potential acquirers, we take a moment to reflect on the trends of corporate and private equity bidders targeting AIM-listed technology companies going back to 2017, through the uncertainties
Companies: CPX FNX CLBS PEB TIDE CNC ELCO IGP FTC IOM PCIP KBT MAI SRT VNET TRCS ING IQG DOTD TIA RCN NXQ TIG BBB ARC BBSN KRM GETB ACC JNEO SWG RDT QTX SPE CER EXR TRMR XLM BOOM CLX FADL LINV SND