TRADING UPDATES: Beeks in "strong" year; Iofina output up
The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:
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Beeks Financial Cloud Group PLC - Renfrew, Scotland-based cloud computing and connectivity provider - Beeks says it saw "another year of strong financial performance" in the 12 months to June 30, in line with board expectations. Revenue is expected to have risen 11% to £40.0 million from £35.9 million, with underlying earnings before interest, tax, depreciation and amortisation growing 18% to £16.0 million from £13.6 million. "This has been an important year for Beeks. Alongside delivering another year of strong growth, we have demonstrated our ability to execute at pace and the validity of the transition to a revenue share model," Chief Executive Officer Gordon McArthur said. "The rapid adoption of Market Edge Intelligence by a range of market leading financial organisations has exceeded our expectations, with three customer wins secured within months of launch, validating the strength of the platform, market demand and our ability to execute commercially."
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Iofina PLC - Colorado-headquartered iodine exploration and production company - Crystalline iodine production from its Iofina Resources unit totals 393.3 metric tonnes in the first half of 2026, up 29% from 305.5 a year prior. "The production also exceeded the company's previously upgraded guidance of 385 MT." Iofina adds: "The record performance reflects strong operational execution across all production sites, with better-than-expected brine volumes at the company's central Oklahoma plants." Iofina says its IO#12 plant in the Permian Basin, in partnership with Western Midstream Partners, is "progressing well and on track". "Demand for crystalline iodine remains robust, with pricing during H1 2026 remaining consistent with 2025 levels. Spot iodine prices continue to trade in the mid-USD70/kg range (100% basis), and the company expects market conditions to remain favourable through the second half of the year. Customer demand for derivative products manufactured at Iofina Chemical has also remained strong, particularly within the animal health and animal feed sectors," Iofina says.
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CelLBxHealth PLC - Guildford, England-based liquid biopsy company - CelLBxHealth says its pretax loss narrowed to £2.7 million in the six months to June 30, from £9.7 million a year prior. Revenue declines to £597,000 from £796,000. "We have created a leaner, more commercially focused business, strengthened our strategic partnerships and the strong growth in Q2 revenue is an early sign of the successful implementation of our revised commercial strategy," Executive Chair Jan Groen says. It expects annual revenue of £2.1 million, expanding from £1.4 million in 2025.
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EDX Medical Group PLC - Cambridge, England-based developer of digital diagnostic products and services - EDX says it is launching a new health and wellbeing screening service in the UK. It will feature comprehensive tests for employees. "The service will involve general health checks and will also include biomarker testing panels that determine risk of cancer, cardiovascular disease and metabolic disorders. The health screening service will comprise a series of comprehensive panels of individual biomarkers. These panels of tests range from 40 to 80 biomarkers covering more than 100 disease conditions," EDX says.
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Getech Group PLC - Leeds, England-based locator of subsurface resources - Getech wins a deal with a "European‑headquartered oil and gas super‑major", for the provision of its Globe offering. The deal is worth USD660,000 and will be recognised over three years as annual recurring revenue. "This new contract means that five of the world's six recognised oil and gas super‑majors now rely on Globe for subsurface intelligence alongside numerous other international operators and national oil companies," Getech adds. "Getech's Globe platform remains an essential tool in meeting this challenge offering the robust subsurface intelligence needed to support responsible exploration and long‑term energy resilience for countries and companies alike."
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Wynnstay Properties PLC - property investment and development company - It says trading in the new financial year ending March 25, 2027, starts in line with expectations, with rental income supported by new lettings and lease renewals at or above March valuation levels. The property investor says two previously vacant units are under offer, which would leave the portfolio fully let once completed, while 99% of first-quarter rent due has been collected.
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Kendrick Resources PLC - Scandinavia-focused mineral exploration and development company - Sample results from five bodies at the Teufelskuppe asset confirm "extensive and continuous, high-grade light rare earth oxide mineralisation". "The results reinforce TK's potential as a significant rare earth element project," it adds.
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Anglo Asian Mining PLC - gold, copper and silver producer targeting Azerbaijan - Anglo Asian says quarterly copper output continues to grow, as the Demirli ramps up towards "full production". Copper output in the second quarter climbs to 5,129 tonnes from 3,711 tonnes in the first. Full output from Demirli is expected to be achieved during the third quarter. Gold output climbs to 6,272 ounces from 6,057 in the first quarter. Total gold bullion sales amount to 7,126 ounces in the first half, at USD4,664 an ounce on average. A year prior, sales amounted to 9,781 ounces at USD3,077 each. "The company is encouraged by the 2026 performance to date, which remains in line with expectations for FY 2026. It is expected that production in H2 2026 will increase compared to H1 2026 due to the Demirli ramp-up being achieved in Q3 2026 and seasonal factors. The Board therefore remains confident in meeting 2026 guidance of 20,000 to 25,000 tonnes of copper production, 28,000 to 33,000 ounces of gold, and 170,000 to 210,000 ounces of silver, and continuing to execute its medium-term growth strategy to become a mid-tier, copper focused producer," Anglo Asian says.
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Beowulf Mining PLC - explorer of iron ore, graphite, gold and base metals, targeting Sweden, Finland and Kosovo - Beowulf reports an infill drilling campaign has kicked off at the Kallak iron ore project in northern Sweden. The programme comprises seven holes. "It is exciting to have a drill rig turning on the Kallak project. The objective of this infill programme is to upgrade some near surface inferred resource into the measured and indicated categories so it can be included in a future update to the mineral resource estimate and ultimately feed into the pre-feasibility study," Chief Executive Officer Ed Bowie says.
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