Johnston Press JPR saw total revenue fall for the year to 31st December, blame being directed wherever it will not show the board and management in a bad light. Summer trading was difficult and Brexit gets the blame for that by creating uncertainty. In quarter 3 severe headwinds were blamed for a 7% decline in revenue and poor old sterling gets a battering for causing the cost of ink and paper to rise. Signs of an improvement were seen in quarter 4 when the fall fell to 3%. The improvement has continued into 2017 with January producing a strong start and impressive newspaper sales results. Web page views rose by 15% and Facebook followers were up by 60%
Smart Metering Systems SMS 2016 was a transformational year with the continuation of year on year double digit growth. Recurring annual income rose by 20% in the year to 31st December. Gas meter recurring rent was up by 13% and electricity meter recurring rent more than doubled.
Haydale Graphene Ind. HAYD anticipates that group revenue for the current financial year will be below market expectations following the customer sampling programme taking longer than expected and meaning that commercial revenue from the customer will be delayed until the first half of the next financial year. In addition the decision to concentrate on collaboration with partners for the long term has and will result in reduction of short term revenue.