Todays Top RNS's from Vox Markets: Greggs, Vodafone Group, Geo Exploration & More
Greggs PLC - Trading Update
Greggs PLC reported a 7.4% increase in total sales to £784 million for the first 20 weeks of 2025, with a 2.9% rise in like-for-like sales. The company opened 66 new shops and is confident in achieving 140-150 net openings for the full year. The Board's expectations remain unchanged, despite challenging market conditions.
Vodafone Group Plc - FY25 Preliminary Results
Vodafone reports a 2.0% revenue increase to €37.4 billion, aided by service revenue growth in Europe, Africa, and Türkiye. Despite a €0.4 billion operating loss linked to impairment charges, Vodafone launched a new €2.0 billion buyback program. Dividends reduced to 4.5 eurocents per share, reflecting strategic realignments and operational improvements.
Geo Exploration Ltd - PEL 94 - Major Resource Upgrade to 4.31bbl (Mean)
GEO Exploration Limited announced a 23% uplift in unrisked prospective resources to 4.31 billion barrels in Namibia's PEL 94 offshore licence. The new evaluation unveils two sandstone leads, Emerald and Beryl, enhancing resource potential and de-risking prospects. CEO Omar Ahmad lauds the Namibian team's efforts and seeks farm-out discussions for shareholder value.
Vast Resources PLC - Tajikistan Mining Forum & Non-Binding MOU Signed
Vast Resources plc, an AIM-listed mining company, participated in the Tajikistan-UK Mining Forum at the London Stock Exchange. The event strengthened UK-Tajikistan relations and showcased investment opportunities. Vast signed a non-binding MoU with Tajikistan's Ministry of Industry and New Technologies, aiming to jointly develop mineral exploration and create a "Tajik Mineral Investment Fund."
TruFin PLC - Trading Update and Share Buyback
TruFin PLC anticipates exceeding 2025 market expectations, projecting group revenue of at least £51m and adjusted EBITDA of £8m. The company, unearthing excess capital, plans a £4m share buyback. This decision stems from undervaluation of shares and aims to optimize shareholder returns while exploring reinvestment opportunities.
Luceco PLC - Q1 2025 Trading Update
Luceco plc reports a positive start to 2025, with a 19% revenue growth and an 8% increase in adjusted operating profit, driven by strong demand and effective acquisitions. Confident in maintaining full-year expectations, Luceco highlights its stable financial position, strategic investments, and readiness for future growth.
Oracle Power PLC - Metallurgical Results Confirm +90% Gold Recovery
Oracle Power PLC (AIM: ORCP) has reported promising metallurgical results, achieving over 90% gold recovery from oxide samples at the Northern Zone Intrusive Hosted Gold Project in Western Australia. The final assay from recent drilling illustrates potential to connect mineralized zones, advancing towards a maiden Mineral Resource Estimate.
Disclaimer & Declaration of Interest
The information, investment views and recommendations in this article are provided for general information purposes only. Nothing in this article should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the writer but no responsibility is accepted for actions based on such opinions or comments. Vox Markets may receive payment from companies mentioned for enhanced profiling or publication presence. The writer may or may not hold investments in the companies under discussion.