LONDON: Africa-focused energy company Chariot (AIM: CHAR) on Thursday reported its unaudited interim results for the six months ended June 30, 2025, unveiling a strategic pivot to split its operations into two standalone business units: Upstream Oil & Gas and Renewable Power. CEO Adonis Pouroulis said the company had “emerged from a challenging period” with…
Category: London Stock Exchange
News and updates from London Stock Exchange
Centaur Media agrees for the sale of Marketing Week and Creative Review
LONDON: Centaur Media Plc has signed an unconditional sale and purchase agreement with Haymarket Media Group Limited for the sale of MWCR Limited, being the operating company of Marketing Week, Festival of Marketing and Creative Review, for an enterprise value of £3.9 million. Martin Rowland, Executive Chair of Centaur, commented: “Today’s announcement represents further progress…
EnQuest reports H1 loss amid UK windfall tax; Expands Southeast Asia footprint
Revenue declined 6% to $549.1 million, while cost of sales rose 10% LONDON: EnQuest PLC reported a statutory net loss of $173.5 million for the first half of 2025, citing a $123.9 million non-cash adjustment linked to the UK’s extended Energy Profits Levy. The oil and gas group maintained production guidance despite infrastructure outages and…
Time Finance posts double-digit profit growth, record lending book in FY25
Revenue rose 12% to £37.1 million, while diluted earnings per share climbed 31% to 6.3 pence LONDON: Time Finance plc (AIM:TIME), the independent specialist finance provider, reported a 34% rise in full-year profit before tax to £7.9 million for the year ended May 31, 2025, driven by strong growth in secured lending and disciplined credit…
Redcentric reports FY25 results; Eyes MSP growth and DC unit sale
The company posted total revenue of £135.1 million, up 8.3% from £124.8 million in FY24 LONDON: Redcentric plc (AIM: RCN), a leading UK IT managed services provider, reported its final audited results for the fiscal year ended March 31, 2025, showing solid financial growth and strategic restructuring. The company posted total revenue of £135.1 million,…
Valereum Plc reports strong asset growth, launches revenue-generating RWA marketplace
The firm posted a 93.9% rise in total assets to £10.2 million, up from £5.2 million a year earlier LONDON: Valereum Plc (AQSE: VLRM), a company specializing in tokenised digital markets, reported a significant increase in assets and net worth for the six months ended June 30, 2025, despite a decline in profit before tax…
Origin Enterprises posts 12.8% EPS growth, boosted by Living Landscapes and resilient agriculture
Group operating profit rose 10.1% to €99.0 million LONDON: Origin Enterprises plc (OEGN.I), the international agri-services group, reported a 12.8% rise in adjusted diluted earnings per share for the year ended July 31, 2025, driven by strong performance in its Living Landscapes division and resilient agricultural operations. Group operating profit rose 10.1% to €99.0 million,…
Transense Technologies posts 33% revenue growth, driven by SAWsense and Translogik expansion
LONDON: Transense Technologies plc (AIM: TRT), a UK-based provider of specialist sensor systems, reported a 33% rise in annual revenue to £5.55 million for the year ended June 30, 2025, as both its SAWsense and Translogik divisions delivered strong growth. Profit before tax rose 12% to £1.41 million, supported by strategic investments in engineering, manufacturing,…
Pantheon Infrastructure commits £30 million to US energy and data centre leader Intersect Power
LONDON: Pantheon Infrastructure PLC, the listed global infrastructure fund, has committed to invest approximately £30 million in energy and data centre developer Intersect Power, through a vehicle managed by Climate Adaptive Infrastructure, a US-based infrastructure investor that has raised and managed over $1.3bn in assets. Intersect, headquartered in California, develops and operates utility-scale and industrial power infrastructure to…
Henry Boot sells construction arm to management-led PWS for £4 million
LONDON: British property and construction group Henry Boot (BOOT.L) said on Tuesday it has agreed to sell its construction division, Henry Boot Construction (HBC), to PWS Construction Limited, a newly formed entity led by HBC’s management team, for an initial consideration of £4.0 million. The deal, funded via a vendor loan note issued by Henry…
Biogen acquires Alcyone Therapeutics for $85 million
LONDON: RTW Biotech Opportunities Ltd, the London Stock Exchange-listed investment company focused on identifying transformative assets with high growth potential across the life sciences sector, announced that Biogen Inc. has entered into a definitive agreement to acquire private portfolio company Alcyone Therapeutics, Inc. (“Alcyone”). Biogen will acquire Alcyone for an upfront cash payment of $85 million plus…
Begbies Traynor Group appoints Mark Fry as Group Chief Executive Officer
LONDON: Begbies Traynor Group plc, the financial and real estate advisory firm, announced that Mark Fry, currently an executive director and head of restructuring and advisory services, has with immediate effect been appointed as Group Chief Executive Officer (CEO), a newly created role on the Group board. The Group has grown significantly over the last…