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Petards makes adjusted EDITBA profit in 2020 despite Covid-19 impact | 28 May 2021


28 May 2021 | 08:06am
StockMarketWire.com - Petards Group, the AIM quoted developer of advanced security and surveillance systems, made a profit in 2020 as solid progress was made in most areas despite the impact of Covid-19.
While total revenues were down from £13.0 million in 2020 from £15.7 million in 2019, its gross profit margin was 36.4% up from 30.8% in 2019.
It made an adjusted EBITDA profit of £320,000 from a £281,000 loss in 2019.
Its operating loss was £1,145,000 (2019: £1,287,000 loss) while loss after tax was £583,000 (2019: £193,000 loss)
The company s full-year results said accelerated restructuring resulting in a significant reduction in the on-going cost base, while its QRO business had record trading performance which has continued into 2021. ....

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London Stocks Exchange income rises in Q1 on new business wins | 28 April 2021


28 April 2021 | 07:36am
StockMarketWire.com - British bourse London Stock Exchange reported a rise in first-quarter income, led by new business and strong customer retention.
First-quarter total income was up 3.9%, with good growth in data & analytics and capital markets. On a reported pro-forma basis, income was down 1.2% on a pro-forma basis.
Data & analytics revenues was up 4.7% and capital markets revenues was up 6.4%. Post income down fell 0.9%, while revenues were up 5.4%.
The sale of Borsa Italiana was progressing well and expected to complete shortly in Q2, the company said.
The acquisition of Refinitiv completed on 29 January 2021, and the company it was making good progress on its synergies and have already realised £40 million of run-rate cost savings. ....

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