AIM WINNERS & LOSERS: Nichols profit tumbles 80% in 2020

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on ...

Alliance News 3 March, 2021 | 10:59AM
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(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.




Barkby Group PLC, up 9.5% at 23.00 pence, 12-month range 15.1p-35p. The Abingdon-headquartered company with businesses in real estate, consumer & hospitality and life sciences says it has weathered pandemic due to "success of our highly cash generative commercial property development business" and activity has "resumed apace". Revenue for six months to December 31 was GBP7.9 million, with net loss of GBP2.0 million. Says in strong position to benefit from lifting of government restrictions.


Uru Metals Ltd, up 8.7% at 288.00p, 12-month range 70.50p-340.00p. Says on Tuesday agreed to sell its holding in Zebediela Nickel Company (Pty) Ltd to Blue Rhino Capital Corp. Assuming the transaction completes, URU will hold an interest in 41.0 million BRC shares, representing just under 80% stake. "URU intends to retain ownership of the common shares of BRC for the foreseeable future and these shares will be subject to an escrow period under the rules of the TSXV. The company will review strategic options for the block of shares held by the company as the project develops," firm says.




Nichols PLC, down 2.2% at 1,100p, 12-month range 858p-1,450p. The Vimto soft drink maker reports 19% fall in revenue for 2020 to GBP118.7 million, while pretax profit slides 80% to GBP6.5 million. Nichols notes "continued uncertainty" in outlook for 2021, and keeps guidance withdrawn. "The strength of the Vimto brand, the group's robust balance sheet and our diversified business model has ensured a resilient financial performance in the period despite the challenging trading conditions across our markets," says Non-Executive Chair John Nichols.


By Lucy Heming;

Copyright 2021 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Barkby Group PLC 27.00 GBX -1.82 -
Nichols PLC 1,380.00 GBX -0.18 -
URU Metals Ltd 260.00 GBX 0.00 -

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