Investing · Page 15

Inchcape expands Bulgarian footprint with Silver Star acquisition

Inchcape acquires Silver Star in Bulgaria for £240m revenue, adding Mercedes-Benz & trucks. Margin-accretive, but price undisclosed. A smart bolt-on?

Metals Exploration Reports Record Revenue and Free Cash Flow in FY2025, Advances La India Construction

Metals Exploration FY2025: record revenue & free cash flow despite lower gold output. La India construction 50% complete, first gold due Dec 2026. Debt-free.

Gresham House Energy Storage Fund Acquires Massive 480MW Battery Project in Essex

Softcat Upgrades Full-Year Profit Guidance After Strong Q3, Driven by AI Demand and Memory Shortages

Softcat upgrades full-year profit guidance after strong Q3, driven by AI demand and memory shortages. Mid-teens growth expected.

Games Workshop Full Year Trading Update: Revenue Rises, Licensing Falls

Games Workshop reports core revenue up 10.6%, but licensing plummets 42.9%, leaving PBT barely higher at £265m.

Helical Reports Strong Progress and Capital Return in Annual Results

Helical's annual results: a £333M office sale, £17M capital return, and improved lettings at The Bower. Strong progress despite lower profit.

Hercules PLC Reports Record Revenue but Auditor Qualification Casts Shadow Over Results

Hercules PLC reports record revenue and underlying profit, but a qualified audit opinion on supplier controls casts a shadow over FY2025 results.

Sound Energy Reports Final Results: Progress on Moroccan LNG, New Ventures, and Going Concern Warning

Sound Energy’s 2025 results: Tendrara LNG progress and new ventures, but going concern warning and thin cash keep risk high.

Creo Medical Reports Strong Revenue Growth and Strategic Progress Amid Funding Uncertainty

Creo Medical FY25: revenue up 50% to £6.0m, losses narrowing, but funding uncertainty remains with going concern warning.

STS Global Income & Growth Trust Reports Challenging Year with Strategic Focus on Long-Term Value

STS Global Income & Growth Trust posts negative returns but cuts costs, grows dividend, and maintains discount control.

Currys Trading Update: Profits Beat Guidance as Sales Strengthen

Currys profits beat guidance at £191m, with 18% growth and steady sales. A solid update that strengthens the investment case.

Renew Holdings Acquires EDES to Expand High Voltage Engineering Capabilities

Renew Holdings acquires EDES for up to £9m to expand high voltage engineering capabilities. The bolt-on deal is immediately earnings enhancing and taps into £50-60bn UK grid investment.

IXICO Plc Reports Strong H1 2026 Results and Unveils TechBio Strategy

IXICO reports strong H1 2026: revenue up 23%, gross margin 53.2%, order book £18.1m. Cash burn addressed with £10m fundraise. TechBio strategy unveiled.

Luceco Q1 2026 Trading Update: Strong Growth and Upgraded Outlook Driven by EV Charging Momentum

Luceco's Q1 2026: 11% organic revenue growth, EV charging +80%, and profit guidance upgraded to >£40m. Strong momentum across the board.

C&C Group Full-Year Results: Revenue Falls but Strategic Shift Underway

C&C Group's FY2026 revenue fell but branded drinks grew; strategic shift to two engines aims to boost growth and margin recovery.

IG Group Upgrades Full-Year Guidance After Strong Q1 and Accelerating Momentum

IG Group upgrades full-year guidance after strong Q1, with revenue up 19% and accelerating customer growth – a clear positive for investors.

Caledonia Investments delivers 5.4% NAV total return in year of progress

Caledonia Investments posts 5.4% NAV return but -7.1% TSR amid 43.4% discount. Stonehage Fleming sale and dividend growth are highlights.

Victorian Plumbing delivers double-digit growth in H1 2026, driven by tiles and flooring strength

Victorian Plumbing H1 2026: double-digit revenue growth driven by tiles & flooring. Record orders, core profit up, but MFI investment weighs on profits.

discoverIE acquires 3Gmetalworx to strengthen North American security and defence presence

discoverIE acquires 3Gmetalworx for £50m, strengthening its North American security and defence electronics presence with an immediately accretive deal.

Hilton Foods Maintains Full-Year Outlook Amid Mixed Trading Performance

Hilton Foods holds full-year guidance at £60m-£65m, with core meat trading strong but seafood and vegan divisions still challenging.

React Group Reports Resilient First Half Results with Revenue Up 9%

React Group H1 results: revenue up 9% to £13.2m, adjusted EBITDA +7%, free cash flow surges. Solid step forward, statutory loss narrows.

Water Intelligence Q1 Trading Update: Strong Growth and Preventive Maintenance Strategy Acceleration

Water Intelligence Q1 revenue up 9%, B2B insurance and property management growth accelerates as preventive maintenance strategy gains momentum.

Topps Tiles Interim Results: Market Outperformance and Self-Help Measures Drive Profit Progress

Topps Tiles outperforms a weak market with self-help measures driving profit progress, despite statutory profit dip.

DCC PLC Reports Strong Annual Results, Proposes Name Change to DCC Energy plc

DCC's annual results show strong adjusted profits and cash flow. Proposed name change to DCC Energy plc signals sharper strategic focus.

SSP Group Reports Resilient H1 2026 Performance Amid Middle East Conflict

SSP Group H1 2026: sales up 6.2%, profits rise, dividend lifted, and full-year guidance held despite Middle East disruption. Solid, not spectacular.

Winvia Entertainment Reports Transformational Year with Strong Revenue and EBITDA Growth

Winvia Entertainment delivers strong FY25 revenue and EBITDA growth, but comparatives need care. Prize draw subscriptions and B2B gaming shine, though regulation remains a key watch.

Jadestone Energy Reports Record Production and Refinancing Amid 2025 Impairment and Operational Challenges

Jadestone Energy posts record production & lower costs in 2025, but a US$110.7m loss from impairments and 2026 operational delays cloud the outlook.

Dr. Martens Returns to Profit Growth: Adjusted PBT Surges 61% in FY26

Dr. Martens FY26 results: adjusted PBT surges 61% despite slight revenue dip – a genuine turnaround in margins, cash & debt.

Avacta Group Reports Unaudited Preliminary Results for FY25: Clinical Progress and Strengthened Cash Position

Avacta’s FY25 results: pure-play oncology progress with pre|CISION platform, but funding risk remains. Next clinical data crucial.

EMV Capital Reports Strong 2025 Results with AUM Growth to £112.5 Million and Narrowed Losses

EMV Capital's 2025 results show AUM up 14% to £112.5M and losses narrow 83%, but cash remains tight with a going concern warning.