The following stocks are the leading risers and fallers on AIM on Monday.
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AIM - WINNERS
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Synectics PLC, up 8.2% at 334.25 pence, 12-month range 119.60p-339.75p. The provider of advanced security and surveillance systems solutions expects profit in the year ended November 30 to be ‘ahead of expectations’. Adjusted pretax is expected to ‘materially’ top consensus of £3.9 million. In financial 2023, it reported pretax profit of £2.7 million, and underlying pretax profit of £3.0 million.
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Versarien PLC, up 4.5% at 0.035p, 12-month range 0.030p-0.40p. The engineering materials firm strikes a distribution deal with A Barristor Co. Versarien will distribute a new biosensor chip product in the UK and Europe. The products use graphene barristor sensor platform technology.
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AIM - LOSERS
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Inspecs Group PLC, down 11% at 43.00p, 12-month range 38.04p-94.78p. It warns annual earnings will be down after recent weak trading. The Bath, England-based eyewear company says it expects to report revenue for calendar 2024 around £197.0 million and underlying earnings before interest, tax, depreciation and amortisation between £17.4 million and £17.9 million. In 2023, Inspecs reported revenue of £203.3 million and underlying Ebitda of £18.0 million. Inspecs blames the impact of a slower recovery in European markets and the deferral of larger orders into 2025.
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