Helix Exploration - Flow Test Results at Linda #1
Helix Exploration reports promising results from the Linda #1 well at the Rudyard Project, Montana, with sustained flow rates of 3,850 Mcf/d and high-grade helium at 1.2%. The well is poised to generate approximately USD $4 million annually. This positions Helix for scalable helium production, addressing supply gaps amid changing global market dynamics.
Serica Energy PLC - Trading and operations update
Serica Energy reports significant progress amid challenging political conditions. Key highlights include drilling advancements at the Triton Hub, completion of a strategic acquisition, robust hedging strategies, and continued efforts in resource conversion. Looking ahead, Serica plans to move from AIM to the Main Market of the London Stock Exchange by Q4 2025.
Zotefoams PLC - Trading Update
Zotefoams reports strong sales growth of 8% for the first four months of 2025, achieving record revenue of £50.7m. The company is advancing its strategic initiatives, including restructuring commercial functions, expanding production in Vietnam and North America, and focusing on sustainable material innovations, despite challenges from US tariffs and shifting market dynamics.
Nativo Resources Plc - Operational Updates
Nativo Resources announces operational advancements in its Peruvian mining interests. Bonanza Gold Mine operations might resume by July following optimization efforts, while Morrocota production is targeted to start in August. Progress has been made on the La Patona gold ore processing plant and Toma La Mano tailings project, aimed at enhancing production efficiency and profitability.
Shuka Minerals PLC - Rukwa Operational update
Shuka Minerals announces plans to restart the Rukwa Coal mine in Tanzania, following its admission to the Johannesburg Stock Exchange. The proposed staged ramp-up targets 500 tons per calendar month by late 2025, with ambitions for further production increases. The company has devised a capex plan and aims to leverage existing stockpiles to support the restart.
Atlantic Lithium Ltd - Spodumene Pegmatite Discovered in Côte d’Ivoire
Atlantic Lithium Limited announces the discovery of spodumene pegmatite in outcrop and float within the Agboville and Rubino exploration licences in Côte d'Ivoire. High-grade lithium assays reaffirm significant potential, with pronounced lithium-in-soil anomalies identified. These findings bolster Atlantic Lithium’s strategy to expand operations beyond Ghana into Côte d'Ivoire, highlighting promising opportunities for future spodumene production.
easyJet PLC - Half-year Report
easyJet anticipates strong FY25 earnings driven by slight YoY winter improvements and positive summer demand. Despite a H1 loss of £394 million, ASK capacity rose 12%, reducing costs. FY25 bookings are robust, with expected 8% YoY capacity growth. easyJet holidays sees significant profit gains, aligning with targets of >£1bn PBT and >£250m from holidays.
BT Group PLC - Results for the full year to 31 March 2025
BT Group reported strong progress against its strategic priorities for the full year ending March 31, 2025. Despite a 2% revenue decline, the company increased EBITDA and free cash flow, allowing a 2% dividend raise. The company achieved record fiber network growth, improved customer satisfaction, and maintained its position as the UK's best mobile network.
QinetiQ Group plc - QinetiQ Preliminary Results
QinetiQ Group reports its FY25 results with revenue increasing to £1.93bn, driven by a 12% order intake growth and the extension of a £1.54bn Long Term Partnering Agreement. Despite tougher trading conditions affecting UK and US sectors, QinetiQ is executing a restructuring plan to enhance growth and maintain strong cashflow for shareholder returns.
TheWorks.co.uk PLC - Full Year Trading Update
TheWorks.co.uk reports upgraded profit guidance for FY25 and FY26, driven by strategic progress and operational efficiencies. Despite a 2% revenue decline to £277m due to store optimizations and an earlier 53-week year, strong Q4 sales led to an expected £9.5m Pre-IFRS 16 Adjusted EBITDA. The company anticipates continued profit growth in FY26.