See our roundup of today's AIM risers - see the full LSE winners & losers board here.
RM2 Contract With Walmart Supplier
RM2 (RM2) is up 63% following news it has entered into an agreement for deployment of its RM2 BLOCKPal pallets with a North American supplier to Walmart - one of only four pooled pallets accepted by Walmart.
The contract is expected to generate gross revenues in excess of $1.5m annually.
Kevin Mazula, CEO of RM2 International S.A. said: "The large contract announced today with a supplier to Walmart will see the first significant usage of our BLOCKPal pallets in Sam's Clubs stores. We anticipate seeing the use of our approved pallet supplier status expanded."
Read more here & follow RM2 here:
Largest Order For Mesh Networks Business
CyanConnode (CYAN) is up over 33% this morning, following an announcement of the largest order to date for its Omnimesh IPv6-based smart metering solution by an Indian State-Owned Utility.
The company is also negotiating a five year support and maintenance contract in addition to the $11.6m contract.
CyanConnode forecasts revenues of £700k for the order this year, taking its total order book to over $110m.
Read more here & follow CyanConnode here:
Strong Quarter For Audio-Visual Systems Integrator
MediaZest (MDZ) is up 15% this morning following a trading update announcing strong performance in the first quarter ending 30 June 2018, with turnover of approximately £990,000 and a net profit of £75,000 following 2017’s loss of £149,000.
For the half year ending 30 September 2018, the board expects to report revenue in the region of £1.8m and a maiden net profit of approximately £90,000.
Read more here & follow MediaZest here:
Revenue Up 21% For Hydrogen Group
Hydrogen Group (HYDG) is up 11% this morning following the announcement of its results for the half year ended 30 June 2018.
Highlights include revenue for the period increasing 21% to £68.6m compared to £56.8m the year before, and reported Net Fee Income increasing by 57% to £14.8m.
This was due to both the acquisition of Argyll Scott and strong underlying growth across the group.
Read more here & follow Hydrogen Group here:
GRC International Posts Strong Finals
GRC International is up 8% following the release of its final results for the year ending 31 March 2018. Revenues, EBITDA and EPS all increased.
The strong growth was driven by international revenues, an increased client base and the arrival of GDPR EU regulations, with the market expected to grow from $907m in 2018 to $2.7bn by 2023.
Read more here & follow GRC here:
Pretax Profit Up 50% For Judges Scientific
Judges Scientific is up approximately 7% following the release of its interim results for the six months ended 30 June 2018.
Key financials were all up, driven by an increase in EBITA and a favorable foreign exchange environment.
Adjusted pre-tax profit was also up 50% to £6.6m from £4.4m the year before.
Read more here & follow Judges Scientific here:
See all today's AIM Risers here
