TRADING UPDATES: Journeo wins Danish deal; Ten Lifestyle income rises

The following is a round-up of updates by London-listed corporations, issued on Monday and never individually reported by Alliance News:

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Journeo PLC – Leicestershire-based supplier of knowledge programs and companies for transport operators and native authorities – Journeo wins a ‘strategically important contract’ with Danske Statsbaner, Denmark’s greatest state-owned passenger rail agency. The deal is price kr5.5 million, round £635,896. It represents the primary first on-train system contract received by its Nordic unit since acquisition again in September 2023. ‘To fulfil the contract, Journeo will supply and install bodyside LED display panels into DSB’s fleet of Dosto double-deck rail coaches, changing out of date know-how with new, trendy and easy-to-read LED show panels, core to Journeo’s big selection of show know-how, that may improve the passenger expertise and help improved accessibility, underpinned by a return-to-base guarantee interval,’ Journeo provides. ‘Work on the installations is expected to commence in H2 and be materially complete by the end of the year.’

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Ten Lifestyle Group PLC – London-based journey and way of life concierge know-how platform – Ten expects to report a rise in half-year earnings amid an increase in energetic members. it expects to report internet income of £33.7 million for the six months to February 28, up 6.0% on-year from £31.8 million. It represents an increase of 9% at fixed foreign money. It expects to report adjusted earnings earlier than curiosity, tax, depreciation, and amortisation of £7.0 million, a climb of 16% from £6.0 million a yr earlier. ‘During the period, the group launched the Ten Digital Platform with a leading UK bank under an existing Large5 contract and launched a digitally enabled concierge contract with a leading global technology company, representing an expansion into a new customer segment,’ the agency provides. It additionally notes new pact wins for the primary included offers in Europe with an current company banking shopper and a brand new win within the Asia-Pacific, Middle East& Africa phase. ‘The group continues to invest in its technology and digital platform, strengthening its ’higher than the web’ buyer expertise, enhancing effectivity, scalability and repair high quality, and reinforcing its aggressive moat,’ it says.

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Sanderson Design Group PLC – London-based inside design and furnishings group – Sanderson proclaims the launch of a brand new line, dubbed the Zoffany x Michael S Smith Indoor Outdoor Fabrics assortment. The merchandise function ‘performance-led materials’ that can be utilized in each indoor and outside. ‘This is an innovative collaboration with Michael S Smith, the celebrated American interior designer renowned for his timeless aesthetic and work on prestigious projects including the White House during the Obama administration,’ Sanderson provides.

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Zinc Media Group PLC – tv and audio manufacturing firm based mostly in London – Zinc’s factual content material label Brook Lapping secures two commissions from the BBC, for a pair of ‘major geopolitical documentary series’. The wins ‘reinforce our position as a trusted producer of premium factual content for leading broadcasters’, Zinc Chief Executive Officer Mark Browning says. One documentary will probably be on the 2016 Brexit vote, whereas one other seems into the ‘evolving relationship’ between the US and China.

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Majestic Corp PLC – Deeside, Wales-based recycler of valuable and non-ferrous metals from used electronics and batteries – Majestic is within the ultimate phases of growing a beta model of a cell software centered on catalytic converters. The app will enable suppliers and consumers to establish catalytic converters and estimate their worth. ‘The app will be available globally, and users can access its full functionality for $10 per month,’ it provides. The beta model is anticipated to launch by the tip of April.

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SulNOx Group PLC – London-based inexperienced gasoline know-how developer – Reports promising outcomes from impartial laboratory analysis of its Sulnox Eco providing. The testing was finished by a ‘leading marine fuels testing organisation’. ‘Consistent with the earlier certification, testing confirmed full compatibility across all fuels tested, while also demonstrating measurable performance benefits in key biofuel chemistries,’ the agency says. The testing coated fossil fuels and marine biofuels.

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Panther Metals PLC – exploration firm centered on mineral tasks in Canada – Panther Metals says pattern assortment work section on the Winston tailings challenge has been accomplished efficiently. Panther says the thickness of the tailings topped expectations. The work kinds a part of a mineral useful resource estimate. ‘The MRE is an integral part of the process to advance the Winston tailing project towards a cashflow proposition and will be based upon the resource sampling programme, mineralogical and metallurgical testwork and associated studies,’ Panther says.

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Oriole Resources PLC – west and central Africa-focused gold explorer – Holes MBDD036 to MBDD039 on the Mbe asset in Cameroon return ‘further gold intersections’. The holes are a part of the broader MB01-N goal and conclude a programme on the space. ‘The final drilling results from MB01-N have seen the programme finish on a high, with more impressive wide mineralised intersections, notably in hole MBDD039,’ CEO Martin Rosser says. A guide of the agency will now put together a maiden JORC useful resource estimate, set to be revealed within the second quarter. Oriole owns 50% of Mbe.

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