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Tue, 26th Jan 2021 19:25
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
Manolete Partners PLC - insolvency litigation financing firm - Says record case completions and record completed case cash inflows . Says completed 95 cases in nine months ended December 31, at gross settlement value of GBP23.9 million, comfortably exceeding board expectations . Gross cash collected from completed cases in the first nine months of financial year up 60% annually to record of GBP9.3 million. The board expects realised profits to be above, but unrealised profits to be significantly below, market expectations and therefore for the company to be overall marginally EBIT profitable in H2, Manolete adds.
TRADING UPDATES: Manolete Sets Records; Ergomed Earnings Top Forecasts
Tue, 26th Jan 2021 19:25
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
Manolete Partners PLC - insolvency litigation financing firm - Says record case completions and record completed case cash inflows . Says completed 95 cases in nine months ended December 31, at gross settlement value of GBP23.9 million, comfortably exceeding board expectations . Gross cash collected from completed cases in the first nine months of financial year up 60% annually to record of GBP9.3 million. The board expects realised profits to be above, but unrealised profits to be significantly below, market expectations and therefore for the company to be overall marginally EBIT profitable in H2, Manolete adds.