easyJet EZJ continues to fly high with statistics for September showing an 11% rise in passenger numbers and load factor up by a further 2.5pp to 93.6%. Mind you easyJet must regard as a blessing, Ryanair’s much publicised confession that it has messed up big time and will continue to do so for months to come, much to the annoyance of its passengers
Intercede Group IGP Revenue rose by about 30% in the 6 months to 30th September, due mainly to new customer wins. A strong second half is expected as diversification into Europe and the strengthening of the European pipeline is expected to offset budget difficulties in the company’s US government customer base.
Redcentric RCN has been trading in line during the last six months which has seen strong operating cash flow leading to a reduction of £33m in net debt, ahead of management expectations. A new CEO has been appointed who has a 25 years track record of delivering growth and business transformations.
BTG plc. BTG updates that it has delivered a good first half performance in the 6 months to the 30th September, producing double digit sales growth at constant exchange rates. Interventional Medicine’s growth is expected to have been in the mid to high teens at constant exchange rates and this is expected to increase in the second half.
Accrol Group Holdings ACRL has experienced more challenging trading conditions which are having a significant effect on the company’s trading performance. It is believed that fine which is due to be imposed by the Health and Safety Executive will be more significant than previously thought, to the extent that it will have a material impact on the company’s cash position. Consequently the dividend payment for the current year is to be reviewed and application has been made for the temporary suspension of trading in the company”s shares on AIM.
Caledonia Mining Corporation CMCL announces yet another quarterly production record at its Blanket Mine in Zimbabwe.Gold production in quarter 3 rose to 14,389 oz. which was 15% up on the second quarter and 7% up on 2016’s third quarter. The improvement in gold production is expected to continue into the fourth quarter.