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  • Capita Reports Varied Trading Across Divisions as Strategic Initiatives Advance

    Capita Reports Varied Trading Across Divisions as Strategic Initiatives Advance

    Capita plc (LSE:CPI) said trading over the 11 months to November 2025 delivered mixed results across its business lines. The Public Service division recorded revenue growth of 4%, while the Contact Centre business saw an 18.3% decline, reflecting contract losses and lower volumes, particularly within the telecommunications sector.

    Pension Solutions posted modest growth during the period, while Regulated Services revenue fell by 14.3% as the company continues with its planned exit from that sector. Capita said it has made further progress on its transformation strategy, delivering £250 million of annualised cost savings and expanding its use of artificial intelligence. Recent initiatives include the launch of the AI Catalyst Stack and AI Lab. The group added that its contract pipeline has increased to £16.5 billion, underlining longer-term growth opportunities.

    More about Capita plc

    Capita plc is a business services provider supporting clients across the public and private sectors in managing complex operational processes. The group operates in eight countries and employs around 34,000 people, delivering people-led services supported by technology, primarily across the UK and Europe.

  • ITM Power Wins Engineering Contracts in Australia and Canada

    ITM Power Wins Engineering Contracts in Australia and Canada

    ITM Power plc (LSE:ITM) said it has secured two new engineering contracts covering projects in Australia and Canada, with a combined planned capacity of 70MW. The awards include a Basic Design Engineering Package for an Australian project and a Front-End Engineering Design contract in Canada.

    Both projects are expected to utilise ITM Power’s NEPTUNE V containerised green hydrogen production plants. The company said the contracts mark an important step in expanding its presence in the Australian and Canadian markets, while reinforcing its position within the global green hydrogen sector.

    More about ITM Power plc

    ITM Power plc is a UK-based designer and manufacturer of electrolysers using proton exchange membrane (PEM) technology to produce green hydrogen from renewable electricity and water. Founded in 2000 and headquartered in Sheffield, the company develops solutions aimed at supporting the transition to net zero energy systems.

  • Ariana Resources Reports Ongoing Drilling Progress at Dokwe Gold Project

    Ariana Resources Reports Ongoing Drilling Progress at Dokwe Gold Project

    Ariana Resources PLC (LSE:AAU) said it has continued to make progress with its exploration drilling programme at the Dokwe gold project in Zimbabwe, with 2,411 metres completed from the planned 4,000-metre campaign. The company said drilling at Dokwe Central has identified encouraging geological features, including silicification, pyritisation and zones of shearing.

    Ariana noted that the use of real-time data from portable XRF analysis and magnetic susceptibility measurements is helping to refine geological interpretation and guide adjustments to the drilling programme. The group said it is considering extending the current campaign, with laboratory assay results expected before the end of the year to provide further insight into the project’s mineralisation and resource potential.

    More about Ariana Resources PLC

    Ariana Resources PLC is a gold-focused exploration, development and production company with assets in Africa and Europe. The group is working to advance and expand its gold portfolio, including the Dokwe gold project in Zimbabwe.

  • Audioboom Reports Record November Revenue as Audience Metrics Surge

    Audioboom Reports Record November Revenue as Audience Metrics Surge

    Audioboom Group plc (LSE:BOOM) said November 2025 was the strongest month in its history, with revenue reaching $9.1 million alongside sharp increases in downloads and video views. The company reported a 66% year-on-year rise in audience engagement during the period.

    The group said recent strategic initiatives, including the acquisition of Adelicious and continued investment in video podcasting, have expanded its advertising inventory and strengthened its market positioning. Management said these developments support Audioboom’s ambition to further scale its global podcasting platform.

    More about Audioboom Group plc

    Audioboom is a global podcasting platform with content reaching around 40 million unique listeners and generating approximately 135 million downloads each month. Ranked as the fifth-largest podcast publisher in the US, the company provides commercial, distribution, marketing, and production services for premium podcasts and distributes content across major platforms including Apple Podcasts, YouTube, Spotify, and others, with operations spanning North America, Europe, Asia, and Australia.

  • Card Factory Flags Softer Store Sales as Consumer Pressures Persist

    Card Factory Flags Softer Store Sales as Consumer Pressures Persist

    Card Factory plc (LSE:CARD) said recent trading has been impacted by continued pressure on UK consumers, resulting in store sales coming in below expectations during a key trading period. The company said the softer performance reflects ongoing cost-of-living challenges affecting discretionary spending.

    Despite the near-term headwinds, management said it remains focused on delivering its ‘Simplify and Scale’ strategy, which is aimed at improving operational efficiency and productivity in a high-inflation environment. The board reiterated its confidence in the group’s longer-term outlook and confirmed plans to continue its share buyback programme alongside the payment of a progressive full-year dividend.

    More about Card Factory plc

    Card Factory plc is the UK’s leading specialist retailer of greeting cards, gifts, and celebration products. The group serves customers primarily in the UK, with additional operations in the Republic of Ireland and North America.

  • Cadence Minerals Moves Amapá Iron Ore Project Forward with Technical Visit and Licensing Work

    Cadence Minerals Moves Amapá Iron Ore Project Forward with Technical Visit and Licensing Work

    Cadence Minerals Plc (LSE:KDNC) said it has hosted a technical site visit to the Amapá iron ore project alongside its joint venture partner DEV, welcoming the President of the Economic Development Agency of Amapá, Brazil. The visit focused on outlining the proposed development route for the planned 5.5 million tonnes per annum integrated DR-grade iron ore operation, including required upgrades to rail and port infrastructure.

    The company also reported progress across key technical workstreams supporting the environmental licensing of the Azteca processing plant, which represents the first phase of the wider Amapá redevelopment strategy. Cadence said the facility is expected to allow for early-stage production and cash generation, helping to fund subsequent studies and capital investments as the project advances.

    More about Cadence Minerals Plc

    Cadence Minerals Plc is a mining investment and development company with a focus on advancing mineral resource projects. Its portfolio includes iron ore developments, with the Amapá iron ore project in Brazil forming a central part of its growth strategy.

  • Harbour Energy Agrees $170m Acquisition to Strengthen UK North Sea Portfolio

    Harbour Energy Agrees $170m Acquisition to Strengthen UK North Sea Portfolio

    Harbour Energy (LSE:HBR) said it has agreed to acquire the majority of the subsidiaries of Waldorf Energy Partners Ltd and Waldorf Production Ltd in a transaction valued at $170 million. The acquisition is expected to enhance Harbour’s free cash flow and reinforce its position in the UK North Sea.

    The deal will increase Harbour’s interest in the Catcher field and add a new production hub through the Kraken oil field. The company said the transaction is expected to generate operational and financial synergies, including access to approximately $350 million of cash and the ability to utilise Waldorf’s UK tax losses. Completion is targeted for the second quarter of 2026, subject to regulatory approvals.

    More about Harbour Energy

    Harbour Energy is an oil and gas exploration and production company with a strong focus on the UK North Sea. The group is pursuing a strategy of disciplined investment aimed at strengthening operational performance and long-term financial resilience.

  • Petro Matad Reports Record Monthly Output and Progress on Renewables

    Petro Matad Reports Record Monthly Output and Progress on Renewables

    Petro Matad Limited (LSE:MATD) said it achieved its highest monthly production to date following successful operations at the Heron-1 and Gazelle-1 wells. The company added that re-testing at Heron-2 has been paused for the winter period, with operations expected to resume when conditions allow.

    The group said it is in the process of finalising an Oil Sales Agreement with PetroChina and continues to evaluate a potential farm-in arrangement for Block XX. Alongside its oil activities, Petro Matad noted progress at its renewable energy subsidiary, SunSteppe Renewable Energy, which is advancing a number of projects, including a proposed 200MW hybrid renewable development and Mongolia’s first green hydrogen initiative.

    More about Petro Matad Limited

    Petro Matad Limited is an AIM-listed oil and gas company focused on exploration and production in Mongolia, with its core operations located at Block XX. Through its subsidiary SunSteppe Renewable Energy, the company is also developing renewable energy projects aimed at supporting Mongolia’s transition to a more sustainable energy mix.

  • Aberdeen Group Agrees £1.5bn US Closed-End Fund Acquisition from MFS

    Aberdeen Group Agrees £1.5bn US Closed-End Fund Acquisition from MFS

    Aberdeen Group (LSE:ABDN) said it has agreed to acquire the management of approximately £1.5 billion of US closed-end fund assets from MFS, strengthening its position as the world’s fifth-largest manager of closed-end funds. The transaction forms part of the group’s strategy to expand its US closed-end fund platform.

    Under the agreement, nine MFS-managed funds and one Aberdeen-managed fund will be combined into two larger vehicles. The consolidation is expected to deliver improved scale, enhanced liquidity, and operational efficiencies for investors. Aberdeen said the acquisition also aligns with its focus on leveraging capabilities in areas such as fixed income and private credit to support future growth.

    More about Aberdeen Group

    Aberdeen Group is a global Wealth & Investments business managing and administering around £542 billion of client and customer assets across its interactive investor, Adviser, and Investments divisions. Aberdeen Investments operates as a specialist asset manager with expertise spanning public and private markets, including credit, specialist equities, and real assets.

  • ECR Minerals Highlights Encouraging Gold Intersections at Blue Mountain

    ECR Minerals Highlights Encouraging Gold Intersections at Blue Mountain

    ECR Minerals plc (LSE:ECR) said recent drilling at its Blue Mountain project in Central Queensland has delivered encouraging results, supporting the potential for near-term, low-cost alluvial gold production. The programme identified visible coarse gold and extended gold-bearing creek flats, which the company said may point to a nearby primary source.

    In addition, wash-plant trials conducted at the Lower Patterson area were described as successful, further demonstrating the technical and commercial viability of a potential start-up operation. Management said the results strengthen the case for progressing Blue Mountain as an alluvial gold development in North Queensland.

    More about ECR Minerals plc

    ECR Minerals plc is an exploration and development company focused on gold projects in Australia. The group’s strategy centres on identifying and advancing cost-efficient alluvial gold opportunities with the potential for near-term production.