Next plc NXT Full price sales for the Christmas trading period (between Sunday 28 October and Saturday 29 December) rose by 1.5%. Whilst November sales were disappointing this was made up for by strong sales in the three weeks before Christmas and a good half-term holiday week at the end of October. Full price online sales though show the way the retail world is going with rises of 15.2% over the Christmas period and 14.9% over the full year. Retail sales as a whole however were fairly disastrous with falls of 9.2% over Xmas and 7% over the full year.
Alpha FX Group plc AFX Trading during the final quarter to the end of December has continued to be strong and it is anticipated that earnings will be ahead of market expectations. Both the corporate business and the new institutional subsidiary performed strongly and the next financial year is expected to see further increases in investment and full advantage being taken of market opportunities.
Getech Group GTC has announced a multi product sale to a leading global oil and gas company, which will generate gross income of US$3.2 million, most of which will be recognised in the financial year to the 31st December. Revenue for 2018 is now expected to exceed that delivered in FY 2017 by at least 10%.
Tracsis plc TRCS has signed what it describes as a “significant” five year Framework Agreement with a major Train Owning Group for its TRACS Enterprise product. The Agreement covers all of the Operator’s individual Train Operating Companies within the UK plus other franchises that it may win in the future. the Directors believe this is a key win that will lead to significant recurring revenue opportunities both during the Agreement and beyond.
Corero Network Sec. plc CNS Orders for 2018 are expected to be approximately 20% higher than in 2017, following record order levels in the second half and the final quarter. Strong demand for the company’s Smartwall Threat Defence System is expected to show growth of approximately 20% over the previous year.