OptiBiotix Health Plc (AIM: OPTI), for the first half ended 31 May 2019, reported strong growth trajectory, with twelve commercial deals getting signed, six for SlimBiome and six for LP-LDL. The company is building momentum in transitioning from a research and development company into a commercial business. Also, the company was granted CE mark and registration of SlimBiome as a medical device and first product orders in Europe.
On 28th August 2019, at the time of writing, GMT 08:54 AM, OPTI shares were trading at GBX 46.00, down by 20.00 points or 30.30% against the previous day closing price.
WH Smith Plc reports strong performance of Travel and International business
WH Smith Plc (LSE: SMWH) has reported strong performance of Travel and International business in its pre-close trading update, ahead of reporting its preliminary results for the twelve months ending 31 August 2019. In the Travel business, there were good sales across all its channels, while in International Business, the company was now having 428 stores open outside the UK. The company’s High Street business also continues to perform in line with expectations.
On 28th August 2019, at the time of writing, GMT 09:17 AM, SMWH shares were trading at GBX 1,992.00, down by 1.00 point or 0.05% against the previous day closing price.
Science Group Plc increases its holding in Frontier Smart Technologies Group
Science Group Plc (LSE: SAG) has purchased an additional 8,062,745 shares in the capital of Frontier Smart Technologies Group Limited (LSE: FST) at a price of 25 pence per share on 27 August 2019. With the subscription for new shares getting admitted to trading on AIM, Science Group holds a total of 31,510,176 shares in the capital of Frontier, equivalent to 70.3% per cent of its voting rights. The development has led the company to initiate discussions with Frontier to effect a statutory merger.
On 28th August 2019, at the time of writing, GMT 09:37 AM, SAG shares were trading flat at GBX 186.50, as against the previous day closing price.
Headlam Group Plc reports over 3% revenue growth in H1 FY19
Headlam Group Plc (LSE: HEAD) has reported positive revenue contribution from both the residential and commercial sectors in the UK and Continental Europe. The company’s revenues were up by over three per cent to £348.7 million for the six months ended 30 June 2019. During the reported period, company’s gross margin was maintained at 32.5% despite a shift in business mix towards the commercial sector.
On 28th August 2019, at the time of writing, GMT 09:49 AM, HEAD shares were trading at GBX 424.50, up by 5.00 points or 1.19% against the previous day closing price.
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