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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.
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Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body; 4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
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