The following is a round-up of updates by London-listed companies, issued Thursday and not separately reported by Alliance News:
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Camellia PLC - Kent-based agriculture and engineering services - Says trading to date continues to be mixed. Expects revenue for 2023 to be ahead of 2022, but adjusted pretax profit to be below that of 2022. Says tea production in Kenya starts positively compared to last year. For 2022, swung to a pretax loss of £3.7 million. Revenue was £297.2 million. Looking ahead, says continues to be well-placed to withstand a further period of disruption to its operations and sales.
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Hargreaves Services PLC - Durham, England-based land, property and infrastructure development - Expects to record annual results at least in line with expectations. Says a strong performance from the Services business is due to increased revenue, including that at HS2, as well as a better than expected contribution from the German joint venture.
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Sopheon PLC - Surrey, England-based enterprise software provider - Continues on aim to broaden product offerings, new pricing models and focus on software-as-a-service and cloud sales. Chair Andy Michuda says: ‘In the early part of 2023, we have been very focused on further refining the three new products introduced in 2022 and are exploring further M&A opportunities.’
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Churchill China PLC - Stoke-on-Trent, England-based ceramic products manufacturer - Says trading remains in line with expectations, with export markets continuing to perform well. ‘We have made further progress on our initiatives to improve margin, whilst continuing to invest in our established strategy and remain on track to achieve our full year profit expectations,’ Chair Alan McWalter adds. For 2022, revenue was £82.5 million. Pretax profit was £9.6 million.
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