3 Companies Rising on Good News for Wednesday 1st March 2023
Episode 1223, Mar 01, 2023, 11:09 AM
3 Companies Rising on Good News for Wednesday 1st March 2023
1. Aston Martin Lagonda #AML - Final Results
Revenue £1,381.5 up 26% £1,095.3 on 2021
Operating loss of £141.8m an increase of 85% from a £76.5m loss in 2021.
Strong demand across the portfolio; c.80% of current range GT/Sports sold out for 2023 ahead of upcoming launches.
2. International Personal Finance #IPF - Final Results and Accounts
Reported profit before tax of £77.4m (2021: £67.7m) up 14.3%, with all three business divisions delivering profitable performances.
Customer lending and receivables growth of 14% (at constant exchange rates (CER)), with all three divisions delivering strong growth.
Headroom on funding facilities of £76m, supports the Group's growth plans into 2024.
3. Cadence Minerals #KDNC - Corporate Update
Cadence CEO Kiran Morzaria, commented: "Cadence's current public and private investments have continued to perform delivering a unrealised return of approximately 172% and our listed investments have delivered a total return (realised and unrealised) of 328%."
"Our confidence in Amapa continues to grow thanks to a potential further increase in the overall iron ore resource, improvements to the port and prospects for restarting iron ore shipments in the coming months. I look forward to providing further updates."
1. Aston Martin Lagonda #AML - Final Results
Revenue £1,381.5 up 26% £1,095.3 on 2021
Operating loss of £141.8m an increase of 85% from a £76.5m loss in 2021.
Strong demand across the portfolio; c.80% of current range GT/Sports sold out for 2023 ahead of upcoming launches.
2. International Personal Finance #IPF - Final Results and Accounts
Reported profit before tax of £77.4m (2021: £67.7m) up 14.3%, with all three business divisions delivering profitable performances.
Customer lending and receivables growth of 14% (at constant exchange rates (CER)), with all three divisions delivering strong growth.
Headroom on funding facilities of £76m, supports the Group's growth plans into 2024.
3. Cadence Minerals #KDNC - Corporate Update
Cadence CEO Kiran Morzaria, commented: "Cadence's current public and private investments have continued to perform delivering a unrealised return of approximately 172% and our listed investments have delivered a total return (realised and unrealised) of 328%."
"Our confidence in Amapa continues to grow thanks to a potential further increase in the overall iron ore resource, improvements to the port and prospects for restarting iron ore shipments in the coming months. I look forward to providing further updates."