CMC Markets sets FY2027 income target of £460-480m
CMC Markets (LSE:CMCX) has published a medium-term income target of £460-480m for its FY2027 financial year, positioning the business as a bridge between established financial markets and the emerging digital finance ecosystem. Lord Cruddas, in setting out the ambition, framed the target around that strategic intersection rather than near-term trading conditions.
Angus Energy restructuring nears conclusion after documentation delays
Angus Energy (AIM:ANGS) has updated the market on its proposed financial restructuring, acknowledging that legally binding documentation has progressed more slowly than anticipated. The company expects the process to be finalised in the coming weeks, and trading in its shares on AIM will remain suspended until the restructuring is complete.
CRISM Therapeutics wins Innovate UK grant for glioblastoma Phase 2 trial
CRISM Therapeutics (AIM:CRTX) has secured a £896,088 non-dilutive grant from Innovate UK, covering 70% of a £1.28m project to fund Part 1 of an open-label Phase 2 registration-grade trial of irinotecan-ChemoSeed in surgically resectable glioblastoma. The grant provides non-dilutive backing for a trial that, if successful, could support a registration pathway for the therapy in a cancer type with significant unmet need.
Safestay to close loss-making Berlin Kurfürstendamm hostel
Safestay (AIM:SSTY) is to exit its Berlin Kurfürstendamm hostel after the landlord served notice to terminate the lease on the site. The group intends to liquidate the operating subsidiary that runs the property, removing a loss-making unit from its portfolio as it continues to manage its European hostel estate.
Helium One secures first offtake commitment for Galactica Project
Helium One Group (AIM:HE1) has its first formal helium offtake commitment for the Galactica Project, after operator Blue Star Helium agreed a fixed-price, three-month purchase and sales contract covering early production from the Pinon Canyon output. The agreement marks a commercial milestone for the project, translating exploration-stage activity into an initial revenue arrangement.
S4 Capital updates guidance as AI-driven turnaround reaches midpoint
S4 Capital (LSE:SFOR) has guided for 2026 like-for-like net revenue of £632-663m, representing a low single-digit decline on 2025, and is targeting at least a 100 basis-point improvement in operational EBITDA margin for the year. The advertising group characterised itself as halfway through an AI-driven turnaround, signalling that the restructuring effort is ongoing rather than complete.
Hg to deepen strategic stake in HgCapital Trust
HgCapital Trust (LSE:HGT) has announced that its manager, Hg, intends to increase its strategic investment in the trust. Steven Batchelor cited alignment with clients as the rationale, describing the move as consistent with Hg's philosophy of maintaining meaningful exposure alongside the investors it manages capital for.
Mitie posts 10.5% revenue growth with operating profit up 13%
Mitie Group (LSE:MTO) reported revenue of £5,619m for the year to 31 March, a 10.5% increase on the prior year, with operating profit before other items rising 13% to £264m. The results reflect continued momentum across the facilities management group's core operations.
Defence Holdings signs IMSL as first Accelerator delivery partner
Defence Holdings has entered a 24-month strategic partnership with Intelligence Management Support Services, designating IMSL as the first delivery partner for its Accelerator programme. The arrangement gives Accelerator cohort companies access to procurement infrastructure, accredited operating environments and operational delivery support, capabilities that are typically difficult for early-stage defence businesses to access independently.
Hydrogen Utopia launches Fortress Fuel subsidiary for military waste-to-fuel
Hydrogen Utopia International (AIM:HUI) has incorporated a new subsidiary, Fortress Fuel, with a mandate to convert waste plastics into deployable, off-grid fuels and power systems for military forward operating bases. The venture represents a targeted application of the group's waste-to-energy technology into the defence sector, where fuel security and logistical independence are operational priorities.
