Trading Statements for 22 February 2021
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22 Feb
14:46President Energy reports fall in turnover for 2020President Energy has reported a 32% fall in year on year turnover for 2020 driven by average oil realisations falling 33£ to US$37 per barrel. In a trading update, the company said average net...
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22 Feb
09:44Orchard Funding lending volumes drop 21%Insurance premium finance specialist Orchard Funding said its first-half lending volumes had dropped 21% amid a drop in demand. Lending for the six months through January had fallen to £30...
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22 Feb
08:51OnTheMarket upgrades annual earnings, revenue guidanceProperty portal OnTheMarket upgraded its earnings and revenue guidance, citing a strong performance over Christmas and through January. Adjusted operating profit for the year to 31 January was now...
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22 Feb
07:58Image Scan flags ongoing Covid-19 hit to demand amid delay in ordersX-ray imaging company Image Scan said demand continues to be held back by the impact of the pandemic as orders, particularly in its security segment, continued to be delayed. 'This impact has...
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22 Feb
07:52President Energy earnings slump as lower crude price hits revenueArgentina-focused oil company President Energy said it would post a drop in annual earnings and revenue, as lower crude prices offset a rise in output. Revenue for the year through December was...
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22 Feb
07:39Sativa Wellness books Covid testing revenueMedical cannabis focused investor Sativa Wellness announced that its clinics in Bath and Bristol had booked up to £27,000 a day in Covid testing revenues in December. The company also said it had...
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22 Feb
07:31Solid State forecasts profit beat on margin strengthComputing and power product manufacturer Solid State upgraded its profit guidance, citing strong demand for higher-margin products. Profit for the year through March was expected to be ahead of...
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22 Feb
07:08Mitchells & Butlers sales plunge 70% as lockdowns bitePub group Mitchells & Butlers, while launching a planned £350 million equity raising, said its sales had fallen sharply due to the UK's Covid-19 lockdown. Managed sales between 27 September...