K3 Capital Group plc K3C makes no bones about the significant uncertainty being created by the countries hapless politicians and the damage they are doing to the UK’s economic and political environment in the run up to Brexit, against what is becoming an increasingly difficult backdrop. At least here is somebody prepared to stand up and paint a true picture of how harmful our rulers really are. Significant transactions which the company has been working on continue to make progress and are in advanced stages of commercial negotiation.but they continue to experience challenges and take longer to complete than anticipated, Consequently they may not close within the current financial year which ends on the 31st May. The Group has continued to perform well and four out of five income streams across the Group will see strong growth. Despite this the mishandling of the Brexit situation is damaging the prospects of these high value transactions and will inevitably lead to a temporary dip in profitability
GVC Holdings plc GVC updates that it has made an excellent start to the year with continued strong volume growth in all major territories for the quarter between 1st January and 31st March. Total online NGR grew by 17% and total group retail NGR by 8%.
Creo Medical Group plc CREO continued to deliver against its strategic objectives during the 18 months to the 31st December reflecting a period of considerable progress. A widening suite of innovative medical devices was developed, The list of physicians participating in the Clinical Education Programme as part of a training led commercialisation plan was increased and the distribution network and manufacturing capacity was evolved in anticipation of commercial launch.The operating loss of £17.7m compared to £8.9m for the12 months to 30 June 2017 and was in line with management expectations.The company feels it has now established a solid platform for future growth.
Tricorn Group plc TCN expects profit before tax for the year to the 31st March to be about 30% up on the previous year, whilst revenue for the Year is expected to be around 2.5 per cent ahead.
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