Daily Stock Market Report (Mon 6 Jan 2025) - GMS, TRU, HERC, S247
It looks like we are going to have one last day without too much news, before things get back to normal tomorrow.
12:30: all done, see you tomorrow for some more interesting announcements!
Spreadsheet accompanying this report (updated to 3/1/2025).
Companies Reporting
Name (Mkt Cap)RNSSummaryOur view (Author)Gulf Marine Services (LON:GMS) (£164m)Debt refinancingDebt refinancing completed, reducing cost of debt amp; allowing higher dividends.GREEN (Roland)Trufin (LON:TRU) (£92m)TUFY24 adj PBT expected to be “significantly ahead of market expectations” leading to maiden FY profit of gt;£0.5m.AMBER (Roland)Hercules Site Services (LON:HERC) (£33m)Strategic UpdatePlans to sell “Suction Excavator” business, including its debt, which will raise HERC’s PBT amp; EPS.AMBER (Graham)Smarttech247 (LON:S247) (£10m)FY updateResults for y/e 31 Jul 24 expected later in Jan. Revenue exps “in excess” €13m, +8%. Adj op profit exps over €750k.AMBER/RED (Graham)
Summaries
Trufin (LON:TRU) - up 4% to 91p (£96m) - FY trading update - Roland - AMBER
2024 profits are expected to be “significantly ahead of expectations” after a very strong performance from the group’s games business in December. Trufin now expects to report its...