Future (FUTR) shares continues to gain value with shares ticking up 4.38% to 2,334p
Shares in global specialist media platform continue to rise in value. The stock has gained nearly 10% in value since the Company released a trading update in February in which it stated that it expects full year profitability to be materially ahead of market expectations.
At the time, Future said it had made a “robust” start to 2021 with its media division revenue growing strongly as a result of continued momentum in eCommerce and digital advertising.
The Group told investors that it remains well positioned to continue executing its strategy and delivering on the ongoing growth momentum it has sustained over recent years.
600 Group (SIXH) shares jump 22.86% to 10.75p as order activity surges in March
The Group unveiled that its performance is above the Board's post-pandemic expectations after the business witnessed a particularly strong increase in order activity during March.
The diversified industrial engineering company said it expects to report revenues of around $53m, down over 20% on the prior year, for the financial year ended 31 March 2021.
Despite the reduction in revenues, 600 Group expects to report underlying EBIT of c. $2.5m after it benefitted from operational cost savings and government assistance programmes in spite of the ‘exceptional impact’ of COVID-19 on 600’s businesses and world economy.
The Group said its performance is above the Board's post-pandemic expectations. It said the strong increase in order activity during March improved the overall order book to approximately $14 million as at 31 March 2021 which is almost 70% above the prior year.
Harvest Minerals (HMI) shares rose 16.07% to 3.25p as it sees strong 1Q21 sales
Harvest said it saw a strong 1Q21 sales performance for KP Fértil® a natural remineralising product which the Group produces from its 100% owned Arapua Fertiliser Project in Brazil.
The Group sold 8,872 tonnes of KP Fértil® during the quarter, representing a 166% increase over the sales realised in 1Q20, despite the challenges imposed by the pandemic, it noted.
Harvest said its Q1 sales performance keeps the business on track to meet its 2021 sales target. Looking ahead, the Group stated that it has new target regions planned for 2Q21.
Branshield Systems (BRSD) shares ticked up 10.71% to 23.25p as it extends contract
The Group, which provides cybersecurity solutions from brand protection to online threats, said it has extended its contract to provide anti-phishing and online threat hunting solutions to a leading, global financial institution specialising in crypto currency and blockchain.
While the client retains its confidentiality, Brandshield said the extension of this ongoing contract extends its protective coverage of the financial sector further and deepens its presence in the crypto currency verticals with eToro and Simplex remaining flagship clients.
Carnival (CCL) shares fall again by 3.63% to 1,667.3p following heavy loss
Earlier this month, the Company informed its guests of additional cruise cancellations as well as the extension of its pause across all operations from U.S. ports to 30 June 2021.
However, the cruise operator, which holds a portfolio of cruise brands in North America, Europe and Australia, also cited hopes to restart cruises this May in a quarterly update.
Despite posting a loss of $2 billion in its first quarter of 2020, bookings volumes have accelerated, coming in 90% higher than booking volumes in the fourth quarter of 2020.
The company said cumulative advanced bookings for full year 2022 are “ahead of a very strong 2019”, despite minimal advertising or mark. Meanwhile, Carnival has stated that six of its nine brands are expected to resume limited guest cruise operations by this summer.