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  • Future plc Delivers Resilient FY25 Performance Despite Revenue Pressures

    Future plc Delivers Resilient FY25 Performance Despite Revenue Pressures

    Future plc (LSE:FUTR) reported a 6% decline in revenue for the year ended September 2025, reflecting ongoing organic softness, adverse currency movements, and the impact of selected business closures. Despite these headwinds, the company maintained a robust adjusted operating margin of 28% and announced both a meaningful dividend increase and a new share buyback programme. Management continues to prioritise strategic initiatives aimed at reigniting growth, including deeper monetisation of creator-led content and enhancing audience engagement. The group remains cautiously optimistic, targeting modest organic revenue growth in FY26 and sustainable expansion over the medium term.

    The outlook is supported by steady financial performance and an appealing valuation, though tempered by bearish technical indicators. Strong cash generation and disciplined cost control are notable positives, while slow revenue growth, margin pressure, and subdued market momentum continue to present challenges.

    More about Future plc

    Future plc is a global content and media platform that produces and distributes specialist, trusted content across roughly 175 brands. Its diversified monetisation mix spans digital advertising, ecommerce affiliate revenue, subscriptions, newsstand sales, and live events. Content is delivered through multiple formats, including websites, newsletters, video, magazines, and in-person experiences, with the company holding leading positions across several niche verticals.

  • Anglo Asian Mining Starts Copper Sales and Reaches Record Ore Output at Demirli

    Anglo Asian Mining Starts Copper Sales and Reaches Record Ore Output at Demirli

    Anglo Asian Mining (LSE:AAZ) has begun commercial copper concentrate sales from its newly developed Demirli mine, completing the shipment of 2,055 wet tonnes to Trafigura Pte Ltd and generating provisional gross revenue of USD 3.6 million. A new logistics hub near Ganja has streamlined transportation and export processes, further strengthening the company’s partnership with Trafigura. In parallel, Anglo Asian achieved record ore extraction volumes at Demirli, marking an important milestone in its strategy to scale production across its asset base.

    The outlook for the company remains weighed down by broader financial underperformance. Although technical indicators show pockets of positive momentum, a negative P/E ratio and the absence of a dividend reduce valuation appeal. With no recent earnings-call commentary or corporate updates, these elements have limited influence on forward expectations.

    More about Anglo Asian Mining

    Anglo Asian Mining plc is a copper and gold producer operating in Azerbaijan, with a portfolio of producing, development, and exploration-stage assets. The company is executing a strategy to become a multi-asset, mid-tier producer by 2030, primarily centred on copper, with targeted annual output of 50,000–55,000 tonnes.

  • Duke Capital Delivers Steady Interim Results Despite a Difficult Market Backdrop

    Duke Capital Delivers Steady Interim Results Despite a Difficult Market Backdrop

    Duke Capital Limited (LSE:DUKE) has reported interim results for the six months to 30 September 2025, demonstrating resilience in the face of challenging economic conditions. Recurring cash revenue rose 3% to £13.2 million, while free cash flow held firm at £5.9 million. The company continued to deploy capital strategically, investing more than £15 million into its existing partner portfolio to support acquisitions and organic growth initiatives. Looking ahead, Duke expects recurring cash revenue to grow by around 5% in Q3 FY26 and highlighted recent investment activity, including the acquisition of Galway Bay FM. Despite headwinds, the business remains committed to long-term value creation through disciplined capital allocation and maintaining a strong balance sheet.

    The outlook is shaped by mixed financial signals. Pressures on revenue and profitability weigh on sentiment, and technical indicators show limited momentum. Although the shares trade on a high P/E ratio, the elevated dividend yield provides an element of support. The absence of earnings-call detail and corporate developments constrains further insight.

    More about Duke Capital

    Duke Capital Limited provides hybrid capital solutions to small and mid-sized businesses across Europe and North America, blending elements of equity and debt in long-term financing structures that avoid refinancing risk. Since 2017, the company has focused on generating attractive, risk-adjusted returns for shareholders. Duke is listed on AIM under the ticker DUKE and is headquartered in Guernsey.

  • Premier Miton Group Posts Steady FY25 Results While Advancing Strategic Growth Plans

    Premier Miton Group Posts Steady FY25 Results While Advancing Strategic Growth Plans

    Premier Miton Group plc (LSE:PMI) delivered a stable financial performance for the year ended 30 September 2025, reporting Assets under Management of £10.3 billion, a modest 3% year-on-year decline. The firm generated an adjusted profit before tax of £11.5 million and maintained a healthy cash position of £31.3 million. As part of its long-term strategy, the group is expanding its investment capabilities and assessing inorganic growth opportunities to strengthen shareholder value. The board has also appointed Christopher Williams as Non-Executive Director and Chair Designate, bringing deep corporate-finance and financial-services experience to the company’s leadership.

    The outlook reflects a mix of strengths and challenges. Robust cash generation and a solid balance sheet support the investment case, although softer revenue trends and pressured profitability weigh on sentiment. Technical indicators point to a bearish pattern, and a high P/E ratio signals possible overvaluation. Even so, the elevated dividend yield offers an appealing counterbalance.

    More about Premier Miton Group plc

    Premier Miton Group plc is an AIM-listed asset manager offering a broad suite of actively managed strategies spanning equities, fixed income, multi-asset, and absolute-return products. The group focuses on delivering strong long-term outcomes for UK savers and investors through its diversified investment platform.

  • Watches of Switzerland Delivers Strong H1 FY26 Results, Driven by U.S. Growth

    Watches of Switzerland Delivers Strong H1 FY26 Results, Driven by U.S. Growth

    Watches of Switzerland Group PLC (LSE:WOSG) has reported a strong first half for FY26, supported by exceptional performance in the United States, which now contributes nearly 60% of overall profitability. Group revenue rose 10% on a constant-currency basis, accompanied by higher adjusted EBIT and a solid improvement in free cash flow. The business also benefitted from reduced U.S. tariffs on Swiss imports and continued to expand both its retail footprint and ecommerce offering. Management maintains a positive view for the second half, with trading tracking expectations and FY26 guidance reaffirmed with confidence.

    The company’s financial and technical profile points to ongoing strength, with consistent revenue gains and supportive market momentum. However, the shares appear overbought in the near term, raising the possibility of a short-lived pullback. Valuation remains reasonable, and with an emphasis on growth rather than income, effective debt management and improved profitability will be central to sustaining long-term expansion.

    More about Watches of Switzerland Group PLC

    Watches of Switzerland Group PLC is a leading luxury retailer specialising in high-end timepieces and jewellery. The company represents many of the world’s premier watch brands and operates an extensive network of showrooms across the UK and the United States, complemented by a growing ecommerce platform and ongoing investment in premium retail environments.

  • Frasers Group Delivers Steady First-Half Performance Despite Tough Market Backdrop

    Frasers Group Delivers Steady First-Half Performance Despite Tough Market Backdrop

    Frasers Group (LSE:FRAS) posted a resilient first-half performance for FY26, supported by its Elevation Strategy, which prioritises margin improvement, cost efficiencies, and international expansion. Revenue grew by 5% year on year, with notable momentum in overseas markets. The company continued to invest in brand partnerships and strategic property acquisitions, strengthening its competitive positioning and laying the groundwork for long-term growth. Although management remains cautious about the remainder of the year given ongoing sector headwinds, they express confidence in the group’s strategic direction and ability to navigate a challenging retail environment.

    Frasers Group’s outlook is underpinned by supportive technical indicators and a robust financial base. Strong operational efficiency and healthy cash generation are key positives, though modest revenue growth and pressured profitability margins present ongoing challenges. A reasonable valuation adds to the investment appeal, even in the absence of a dividend.

    More about Frasers Group

    Frasers Group PLC is a diversified retail group specialising in sports, lifestyle, and premium fashion. Best known for its Sports Direct chain, the company also operates luxury-focused Flannels stores and continues to expand its international footprint through strategic property investments and high-profile brand partnerships.

  • AJ Bell Delivers Record FY25 Results and Increases Shareholder Returns

    AJ Bell Delivers Record FY25 Results and Increases Shareholder Returns

    AJ Bell PLC (LSE:AJB) has announced record full-year results for the period ended 30 September 2025, reporting an 18% rise in revenue to £317.8 million and a 22% increase in profit before tax to £137.8 million. Growth in customer numbers and assets under administration remained strong, supported by healthy net inflows and favourable market conditions. To reward shareholders, the company has proposed a higher dividend and launched a new share buyback programme. Despite ongoing challenges in the UK investment environment, AJ Bell remains upbeat about its long-term prospects and plans to continue investing in its brand and product offering to capture future market opportunities.

    The company’s outlook is bolstered by robust financial performance and supportive technical indicators. Strong revenue expansion, solid profitability, and a stable financial position underpin its appeal, although a relatively high valuation tempers the picture. Even so, the stock’s technical momentum contributes to a constructive near-term view.

    More about AJ Bell PLC

    AJ Bell PLC is one of the UK’s largest investment platforms, offering investment services through both advised and direct-to-consumer channels. Known for its low-cost, easy-to-use propositions and strong customer service, the company has built a trusted brand within the UK retail investment market.

  • GEO Exploration Expands Juno Gold Project with Newly Granted Licence

    GEO Exploration Expands Juno Gold Project with Newly Granted Licence

    GEO Exploration Limited (LSE:GEO) has received approval for Exploration Licence E08/3792, awarded to its subsidiary Juno Gold Limited, expanding the footprint of the Juno project in central Western Australia. With the new licence, the project now covers 644 square kilometres, strengthening GEO’s strategic land position for Intrusion-Related Gold System (IRGS) targets. The additional ground is expected to enhance the company’s exploration potential and reinforce its status as an early mover in a highly prospective region, creating fresh opportunities for future development and stakeholder value.

    More about GEO Exploration Limited

    GEO Exploration Limited is a gold-focused exploration company specialising in identifying and advancing Intrusion-Related Gold Systems in Western Australia. Its strategy centres on securing sizeable land packages and progressing high-potential gold targets, with the Juno project forming a key pillar of its exploration portfolio.

  • Yellow Cake plc Posts Robust Financial Gains as Uranium Prices Continue to Climb

    Yellow Cake plc Posts Robust Financial Gains as Uranium Prices Continue to Climb

    Yellow Cake plc (LSE:YCA) has reported strong financial progress, supported by a sharp rise in uranium spot prices that significantly increased the value of its physical holdings. The company’s net asset value surged during the period, and it recorded profit after tax of USD 373.3 million for the half-year. Yellow Cake also completed an oversubscribed equity placing that raised roughly GBP 130 million, with the proceeds earmarked for additional uranium purchases. With nuclear energy gaining global momentum, the company believes it is well placed to benefit from sustained market growth by maintaining direct exposure to uranium.

    More about Yellow Cake plc

    Yellow Cake plc is a Jersey-headquartered company listed in London, providing investors with direct exposure to the uranium market. It purchases and holds physical U₃O₈ and undertakes related commercial activities, aiming to deliver shareholder returns through increases in uranium prices. The company operates under a long-term Framework Agreement with Kazatomprom, the world’s largest uranium producer.

  • Eco Atlantic Forms Strategic Partnership with Navitas to Advance Offshore Exploration

    Eco Atlantic Forms Strategic Partnership with Navitas to Advance Offshore Exploration

    Eco Atlantic Oil & Gas Ltd. (LSE:ECO) has signed a strategic collaboration with Navitas Petroleum, establishing framework and option agreements related to the Orinduik Block offshore Guyana and Block 1 CBK offshore South Africa. Under the partnership, Navitas may farm into both licences, securing substantial working interests and potentially assuming operatorship, while funding Eco’s portion of upcoming exploration activities. The alliance is designed to fast-track Eco’s growth plans, strengthen its technical and operational capabilities, and pave the way for future development and commercialisation of its offshore portfolio.

    More about Eco Atlantic Oil & Gas

    Eco Atlantic Oil & Gas Ltd. is an exploration-focused energy company targeting the offshore Atlantic Margins. Its activities centre on identifying and advancing prospective oil and gas resources, with a strong focus on key emerging basins in Guyana and South Africa.