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One Shot

Vistry, Halma, ASOS, Raspberry Pi, Mitchells & Butlers, Dfs Furniture, Capricorn Energy - One Shot

Every meaningful company announcement ahead of the London open, every morning, in one shot to start your day.

Vistry (VTY): Reported first-half loss widened to £661.3m

Vistry reported a first-half loss before tax of £661.3m, compared with a £40.9m profit a year earlier, including a £475.0m goodwill impairment and an additional £73.2m building safety provision. Adjusted loss before tax was £83.3m, against an £80.6m profit, while adjusted revenue fell 9% to £1,703.3m. The group expects a broadly neutral cash position at 31 December 2026, below previous guidance. Subject to broadly stable market conditions, it expects FY27 adjusted profit before tax of about £185m.

Halma (HLMA): Acquisitions reached £515m as full-year margin guidance rose

Halma completed six acquisitions in the year to date, investing a record £515m on a cash- and debt-free maximum total consideration basis. The company continued to expect low double-digit percentage organic constant-currency revenue growth for the year as a whole, including approximately five percentage points of premium growth from photonics. Adjusted EBIT margin for the 2027 full year was now expected at 23.5% to 24%, up from previous guidance of around 22.7%.

ASOS (ASC): Adjusted EBITDA expected above midpoint of £150-180m range

ASOS said adjusted EBITDA increased by more than 25% year on year and was expected to come in above the midpoint of its £150m-£180m guided range, while gross margin was expected to exceed its 48%-50% range.

Raspberry Pi (RPI): Revenue rose 90% to $256.9 million

Raspberry Pi reported revenue up 90% to $256.9 million, with Adjusted EBITDA up 108% to $40.3 million. Profit before tax increased 216% to $19.6 million. The board said full-year EBITDA was expected to be ahead of market consensus.

Dfs Furniture (DFS): Pre-tax profit rose 48.7% to £44.9m

Dfs Furniture said adjusted pre-tax profit rose 48.7% to £44.9m, meeting upgraded guidance, while gross margin expanded 160 basis points to 58.1%. Free cash flow of £40.3m reduced net bank debt by £38.0m to £69.0m, and the board proposed a 2.0p final dividend, taking the full-year dividend to 3.0p. The board expects moderate profit growth in FY27, in line with analyst consensus, despite a subdued market outlook.

Mitchells Butlers (MAB): Like-for-like sales rose 2.1% year to date

Mitchells Butlers reported like-for-like sales growth of 2.1% in the year to date, with fourth-quarter growth of 1.4%. The company said it remained confident of a full-year outturn in line with consensus expectations.

Capricorn Energy (CNE): Production averaged 19,337 boepd and FY26 outlook rose

Capricorn Energy said working-interest production averaged 19,337 boepd, tracking slightly above the mid-point of its 2026 guidance range of 18,000-22,000 boepd. Consequently, the company expects FY26 production to be above the range’s mid-point. Group cash was $114m at 30 June 2026 after early repayment of the remaining debt in April, while Egypt revenue was $100m and cash collections were $98m. After the period end, Genel Energy and DNO announced firm offers to acquire the company, both of which remained ongoing.

System1 (SYS1): Raises FY27 adjusted profit guidance to approximately £5.0m

System1 reported adjusted profit before tax of £2.1m for the five months ended 31 August 2026, up from £0.3m a year earlier, and raised FY27 guidance from £4.2m to £5.0m. The board now expects adjusted profit before tax for the year ended 31 March 2027 to be approximately £5.0m, 19% above current market consensus expectations, following double-digit revenue growth, a modest reduction in expenditure and operational gearing.

Cohort (CHRT): €140.7m sonar contract supports unchanged FY2027 growth outlook

Cohort said ELAC won a €140.7m Polish submarine programme contract with Saab; FY2027 growth outlook remained unchanged, with second-half weighting.

CVS (CVSG): Revenue rose 5.9% to £712.8m

CVS said full-year revenue rose 5.9% to £712.8m and it expected to perform in line with market expectations for FY27.

Tinybuild Inc Di Reg S Cat 3 (TBLD): Revenue rose 18% to $20.0m in the first half

Tinybuild Inc Di Reg S Cat 3 reported first-half revenue of $20.0m for the six months ended 30 June 2026, up 18% year-on-year from $17.0m, helped by catalogue performance and new launches. Adjusted EBITDA fell to $3.2m from $4.2m, reflecting higher marketing spend for new launches. The board remained confident the company was on track to deliver full-year results ahead of expectations.

ON THE Beach (OTB): FY27 profit guidance set at £28m-£35m

On the Beach said it set FY27 adjusted PBT guidance at £28m-£35m and that the board was confident of delivering it in the year ahead. Bookings grew 9%, with total transaction value up 6% year on year to £1.3bn, its fifth consecutive year of record TTV. The company expects FY26 adjusted PBT of £22m-£23m, in the top half of its previous £18m-£25m guidance range, and exited the year debt-free with about £60m in cash.

Harworth (HWG): BidCo raises Harworth offer to 177.5 pence per share

Harworth said BidCo announced an increased cash offer on 16 September 2026 to acquire the ordinary share capital it did not already own at 177.5 pence per share. BidCo and parties acting in concert held 98,155,550 shares, or about 30.02% of the issued share capital, and had valid acceptances for 98,283,957 shares, or about 30.06%. The acceptance condition had not yet been satisfied.

Zegona Communications (ZEG): Announces €400m return through dividend and share buyback

Zegona Communications announced a €400m return to shareholders, comprising a €200m ordinary dividend and a €200m share buyback. The company said it was initiating the €200m buyback programme and intended to return all free cash flow to shareholders over time. The board intends to declare the €200m ordinary dividend for the financial year ending 31 March 2027.

Cornish Metals (TIN): Secured US$210 million bond for South Crofty financing

Cornish Metals placed an oversubscribed US$210 million senior secured bond in May 2026 as the debt component of the South Crofty project financing package. The bonds carry a 13.5% annual coupon, are payable quarterly and have a six-year tenor.

AO World (AO.): Pre-tax profit expected to rise over 20% to £21.5m

AO World said first-half pre-tax profit was expected to rise by over 20% to about £21.5m, with group revenue up 5.5%. The company completed its acquisition of Jessops, while full-year profit expectations remained unchanged.

Dr Martens (DOCS): Four Brand Centres to open this autumn

Dr Martens announced four Brand Centres opening this autumn in Paris, Munich, New York and Los Angeles, alongside a new ecommerce experience.

Talisman Metals (TLM): Three exploration licences granted adjacent to Tirzzit project

Talisman Metals said three new exploration licences were granted adjacent to its Tirzzit Copper Project, covering 47km2. The licences were granted by the Agadir office of Morocco’s Ministry of Energy and Mines and are valid until 24 July 2029.

RC Fornax (RCFX): Second PSR Framework contract secured for £350,000

RC Fornax secured a second Public Sector Resourcing framework contract worth approximately £350,000. The formal purchase order covers Project Management Office support for a UK Government client over an initial six months.

Scancell (SCLP): Secures loan facility of up to US$25 million

Scancell entered into a loan agreement with certain BlackRock-managed funds and accounts for a loan facility of up to US$25 million. The facility is available in four tranches, with portions of the first three convertible into ordinary shares at the lender’s option.

Cobra Resources (COBR): Blue Rose drilling confirms porphyry indicators

Cobra Resources reported 23m at 0.63% copper, including 12.4m at 1.01%, at Blue Rose, with mineralisation defined beyond 300m. Follow-up reverse-circulation drilling across four prospects was underway, and drilling was expected to continue for six weeks.

European Green Transition (EGT): Five-year O&M contract renewed across 94 wind turbines

European Green Transition secured a renewed five-year operations and maintenance contract across 94 wind turbines in Great Britain and Northern Ireland with Drax. The agreement reaffirmed the board’s expectation that Wind Services revenue will be £17 million to £18 million for the twelve months ending 31 December 2026.

Diaceutics (DXRX): Expanded Relay partnership to support acute leukaemia therapy

Diaceutics and Syndax expanded their multi-year Relay partnership to support the commercialisation of Syndax’s acute leukaemia precision oncology medicine. The agreement aims to identify eligible patients sooner and enable more timely access to treatment opportunities.

80 MILE (80M): Drilling deadlines extended and £500,000 payment agreed

80 Mile agreed to extend the longstop dates for drilling its first and second Jameson Land Basin exploration wells to 31 December 2028. Greenland Energy Company will pay the company £500,000 in cash on signing. The rights transfer followed the merger announced on 27 March 2026.

Rainbow Rare Earths (RBW): Signs MoU covering offtake and technical support for Phalaborwa

Rainbow Rare Earths signed a memorandum of understanding with Neo Performance Materials covering technical support and offtake from Phalaborwa. The company will provide Neo offtake rights covering 40% of annual separated NdPr oxide production. Completion of the DFS is now planned for H1 2027.

Investacc (INAC): Revenue rose 130% to £13.8m in the first half

Investacc said first-half group revenue rose 130% to £13.8m, while EBITDA increased 274% to £4.9m and profit after tax was £1.5m. The remaining consideration for the AJ Bell Platinum acquisition was fully settled, and the group remained confident in its second-half outlook.

Mercia Asset Management (MERC): New £63m East of England mandate secured

Mercia was appointed to manage an equity mandate under the British Business Bank’s £140m East of England Investment Fund, with £63m of new funds under management.

Smith & Nephew (SN.): Launches EVOS PELVIC plating system in the US

Smith & Nephew launched the EVOS PELVIC Plating System, an all-in-one pelvic and acetabular surgery solution currently available in the United States.

Oriole Resources (ORR): Drilling programme returns high-quality marble intersections

Oriole Resources completed a 1,053.80m, 21-hole drilling programme at Wapouzé, with marble encountered in every hole; the MRE is expected in early Q4-2026.

Tomahawk Metals (TMHK): Raised £137,000 through placing and subscription

Tomahawk Metals raised £137,000 before costs through a placing and subscription of new shares.

Victrex (VCT): Five-year targets include approximately £250m cumulative free cash flow

Victrex set a five-year target of approximately £250m cumulative levered free cash flow and expects global PEEK volumes to grow at about 5% annually.

Gran Tierra Energy Inc Cdi (GTE): Stockholders to vote on $1.33bn sale

Gran Tierra said stockholders will vote on the proposed sale of its Colombian and Ecuadorian businesses to Maurel & Prom for approximately $1.33 billion.

NWF (NWF): Mixed first-quarter performance leaves full-year outlook unchanged

NWF reported a mixed first-quarter performance across its three businesses, with InFood storage and throughput and InFeeds volumes higher year on year; the board left full-year outlook unchanged.

Ferro-Alloy Resources (FAR): MoU signed for potential rare earth concentrate supply

Ferro-Alloy Resources entered a non-binding MoU with Maglut for potential supply of up to 1,000 tonnes per annum of mixed rare earth concentrate.

Sundae Bar (SBAR): Monthly subscription offering launched from £25

Sundae Bar launched its monthly subscription offering for AI Agent solutions, with subscriptions from £25 per month and usage credits.

iFOREX Financial Trading (IFRX): Adjusted EBITDA fell 74.1% to $1.4m

iFOREX Financial Trading reported adjusted EBITDA of $1.4m, down 74.1% year-on-year, while current trading and outlook remained unchanged from its 17 September 2026 update.

Empire Metals (EEE): Rutile pigment product achieved at Pitfield

Empire Metals successfully produced an uncoated rutile pigment and targeted refined, coated pigment for a market priced at approximately US$3,250/tonne.

Kazera Global (KZG): Formal execution triggers US$1.75m advance payment

Kazera Global said formal execution triggered a further US$1.75 million advance payment to WHM from SAI, following the 2 September grant of the 2A Mining Right.

Emv Capital (EMVC): Assets under management rose to £117.5m

Emv Capital said AUM increased to £117.5 million at 30 June 2026, driven principally by continued fundraising and new investment activity.

Living Reit (LIVE): Senior living acquisition lifts pro-forma GAV to £825m

Living Reit said its senior living acquisition increased pro-forma gross asset value to £825m from £648.2m; high single-digit earnings accretion was expected.

Poolbeg Pharma (POLB): TOPICAL trial proceeds after positive interim safety review

Poolbeg Pharma said the TOPICAL trial would proceed as planned after a positive interim safety review, with no protocol changes; POLB 001 targets CRS prevention.

Dar Global (DAR): Revenue rose to US$258.0 million in HY 2026

Dar Global reported revenue of US$258.0 million for HY 2026, while the board remained focused on growing Gross Development Value across existing and new markets.

Banco Bilbao Vizcaya Argentaria (BVA): Cancelled 70.3m treasury shares

Banco Bilbao Vizcaya Argentaria cancelled 70,339,213 treasury shares, reducing nominal share capital by 34.47 million euros.

Amicorp Fs Uk (AMIF): Revenue fell 13% to US$8.2m in first half

Amicorp Fs Uk said group revenue fell 13% to US$8.2 million; the board expects operational challenges in H1-2026 to reverse in H2-2026.

Tavistock Investments (TAVI): Revenue fell to £23.2m as adjusted EBITDA moved into loss

Tavistock Investments reported gross revenue of £23.2 million for the year to 31 March 2026, while adjusted EBITDA was a £2.1 million loss.

Great Portland Estates (GPE): Pre-lets exceed 4,300 sq ft at City Tower

Great Portland Estates pre-let the initial floor of its latest Fully Managed workspace phase at City Tower, with transactions totalling more than 4,300 sq ft.

Vault Ventures (VULT): Three financial institutions invited to shape platform

Vault Ventures invited three financial institutions to shape its Platform’s requirements, with one confirming participation as the partnership structure was finalised.

Rentguarantor (RGG): Signed agreements with two Build-to-Rent operators

RentGuarantor signed agreements with Way of Life and Essential Living, covering portfolios of more than 2,500 managed units and approximately 1,000 units respectively.

AEP Plantations (AEP): Interim dividend details will be announced with Q3 trading statement

AEP Plantations said it will announce interim dividend details on 12 October 2026 alongside its 2026 third-quarter trading statement.

Colefax (CFX): Fabric sales rose 8.9% over 20 weeks

Colefax said Fabric Division sales rose 8.9% in the 20 weeks to 18 September, while the company expected US growth to moderate against tougher comparatives.

Premier African Minerals (PREM): Option vesting terms tied to Zulu production milestones

Premier African Minerals amended vesting terms for options awarded on 27 May, with exercise delayed until eight months after milestones including 12,000 tonnes of SC6.

Tap Global (TAP): Assets under management surpassed US$8 million

Tap Global said assets under management surpassed US$8 million, up 43% in a month and more than doubled since May.

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