The following stocks are the leading risers and fallers on AIM on Thursday.
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AIM - WINNERS
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Jet2 PLC, up 6.9% at 1,516.00 pence, 12-month range 1,066.00p-1,600.00p. The airline and package holiday operator says revenue in the half-year to September 30 rises 15% to £5.09 billion from £4.41 billion 12 months earlier. Pretax profit jumps 20% to £791.4 million from £660.5 million.Excluding foreign exchange revaluation, pretax profit is 16% higher at £772.4 million from £664.6 million. ‘With a material amount of the winter 2024/25 season still to sell, we are currently on track to deliver group profit before FX revaluation and taxation for the year ending 31 March 2025 ahead of market expectations,’ Jet2 adds, putting consensus at £541 million, which would represent a rise from £520.1 million the year prior. ‘As is typical’, losses are expected for the second half, which covers the winter in Europe.
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AIM - LOSERS
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Cake Box Holdings PLC, down 6.3% at 187.50p, 12-month range 145.00p-200.00p. Shares in the eggless cakes maker go ex-dividend, meaning new buyers do not qualify for the latest payout.
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Northamber PLC, down 2.3% at 28.33p, 12-month range 27.40p-51.00p. The audio-visual and IT distributor reports a ‘disappointing’ financial performance. Its pretax loss in the year to June 30 widens to £1.3 million from £411,000. Revenue falls 17% to £56.0 million from £67.1 million a year prior.
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