The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
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Victorian Plumbing Group PLC - Online specialist bathroom retailer - Posts revenue of £146.8 million for the six months ended on March 31, up 10% from £133.9 million the year before. Pretax profit surges to £5.6 million from £2.7 million, as operating profit rises 90% to £5.5 million from £2.9 million. Says total orders increase to 482,000 for the period from 453,000 a year earlier. Adjusted earnings before interest, tax, depreciation and amortisation rise to £9.9 million, up 48% from £6.7 million the year before. Declares an interim dividend of 0.45 pence each compared to none a year prior. Looking ahead, says consumer demand in April and the early part of May remains robust, with ‘order volume led growth and continued increase in market share’.
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Engage XR Holdings PLC - Waterford, Ireland-based virtual reality software and technology group - Records total revenue of €3.9 million for 2022, up 62% from €2.4 million in 2021. Pretax loss, however, widens to €6.0 million from €3.1 million, as administrative expenses rise to €9.1 million from €5.0 million a year earlier. Loss before interest, tax, depreciation and amortisation widens to €5.8 million from €2.8 million, primarily driven by increased headcount. Looking ahead, says first quarter revenue figure 40% higher than the same period in 2022.
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FD Technologies PLC - County Down, Northern Ireland-based group comprising several data-driven businesses, including technology and digital solutions providers KX, First Derivative, and MRP - Revenue for the year ended on February rises 12% to £296.0 million, from £263.5 million the year before. Swings to pretax loss of £1.2 million from a profit of £9.0 million, as restructure and non-operational costs rise to £8.7 million from £3.1 million the year before. Looking ahead, expects revenue for financial 2024 to be in the range of £315 million to £325 million, with adjusted earnings before interest, tax, depreciation and amortisation in the range of £38 million to £40 million, up from £34.8 million in financial 2023. Adjusted Ebitda rose 12% from £31.0 million in prior financial year.
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CT Private Equity Trust PLC - London-based trust seeking long-term capital growth through investment in private equity assets - For the three months ended on March 31, net asset value per share amounts to 702.47 pence each, up from 637.78p each on the same date a year earlier. NAV total return for the quarter is negative 0.2%. Declares a quarterly dividend of 6.95 pence per share. Looking ahead, says: ‘The current flow of realisations which has continued very well so far this year indicates underlying momentum in the portfolio maintaining our confidence that Shareholders will continue to benefit as the year progresses.’
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