Zoo Digital Group PLC's delivered an investor update highlighting FY26 financial results in line with market expectations, demonstrating improved company performance through a return to profitability and positive cash generation despite lower revenue. EBITDA increased significantly as the business benefited from cost restructuring, AI integration, and higher operating efficiency, supporting stronger margins and a scalable operating model. The company reported a growing order book driven by new customer wins, increased RFP success, and rising demand for its Fast Track localization services. Management expects revenue growth and further profit progression in FY27, supported by a strong first quarter, improving customer diversification, and expanding opportunities across the global streaming market. Zoo Digital continues to invest in proprietary technology, AI enabled workflows, and its follow the sun delivery model to provide faster turnaround times while maintaining industry leading quality. The company believes these competitive advantages position it to gain market share, improve EBITDA, strengthen cash flow, and deliver sustainable long term growth for investors.

Arc Minerals Limited provided an investor update highlighting the significant exploration potential of its Virgo Project in the Kalahari Copper Belt, strategically positioned adjacent to MMG's high priority Zone 9 and Mawana Fold discoveries. Management outlined how recent IP survey results have identified approximately 18 kilometres of prospective geological contact, supporting a targeted drilling campaign designed to validate new copper mineralisation. The presentation detailed the project's history, explaining how changing market conditions, industry consolidation, and previous owners left the licence largely unexplored, creating a unique opportunity for Arc Minerals. The company emphasized a disciplined growth strategy focused on unlocking shareholder value through systematic exploration, while clearly defining the drilling objectives and success criteria ahead of results. Although no financial results, revenue, EBITDA, margins, or order book updates were presented, management reinforced confidence in the project's long term potential, positioning the Virgo Project as one of the most attractive copper exploration assets in the Kalahari Copper Belt and a key driver of future growth for investors.

Nichols PLC delivered a strong investor update with first half revenue growth of 4.7%, driven by outstanding international performance, including 17% growth in Africa and solid momentum across the Middle East and UK packaged beverages. The company reported higher adjusted operating profit, resilient EBITDA margins, record cash generation, and a cash balance exceeding £66 million, providing significant flexibility for dividends, acquisitions, and future investment. Management highlighted continued progress on its growth strategy through innovation, international expansion, operational efficiencies, and premium product launches, while maintaining strong gross margins despite inflationary pressures. The order pipeline for new product launches, including health and wellness beverages through strategic partnerships, supports long term revenue growth and market share expansion. Nichols reaffirmed full year financial results guidance, increased shareholder returns through a higher interim dividend, and remains focused on disciplined capital allocation, margin improvement, and sustainable value creation. The presentation reinforced confidence in the company performance, strong balance sheet, scalable asset light business model, and long term growth opportunities across key international markets.

Ilika PLC’s FY2026 investor update highlighted continued progress in the commercialisation of its solid-state battery technologies, with key milestones achieved across both its Goliath electric vehicle (EV) batteries and Stereax miniature batteries for medical and industrial applications. The company reported revenue of £1.1 million, including its first commercial Stereax revenue, marking the transition from an R&D-focused business to a revenue-generating technology company. Ilika strengthened its growth strategy through successful fundraising, significant grant funding, prototype deliveries to OEMs and Tier 1 partners, and strategic collaborations with Jaguar Land Rover, Agratas and Brompton. The Goliath programme advanced with automated pilot-line production, positive validation results, defence and e-bike commercial opportunities, and discussions around licensing agreements expected to generate early revenue. Meanwhile, Stereax production and customer deliveries commenced through its partnership with Cirtec Medical, supporting future royalty income and accelerating adoption in implantable medical devices. Financial results reflected increased investment in commercialisation, with an EBITDA loss of £6.2 million driven by higher prototype production costs, while the company ended the year with £5.3 million in cash before its subsequent capital raise. Backed by 88 granted patents, a scalable licensing business model and expanding commercial partnerships, Ilika remains focused on driving revenue growth, securing licensing opportunities and building long-term shareholder value through the commercial deployment of its proprietary solid-state battery technology.

Hargreaves Services PLC reported strong FY26 financial results, delivering robust company performance driven by growth across its services business, strategic land portfolio, and German joint venture. Revenue from services increased 35 percent while maintaining margins of around 6 percent, supported by major infrastructure projects including HS2, Sizewell, Lower Thames Crossing, and water sector contracts. Profit before tax reached £40 million, EBITDA increased 8.6 percent, and the company ended the year with a strong cash position of £21.6 million despite returning £32.6 million to shareholders through dividends and a tender offer. The investor update highlighted a healthy order book with 70 percent of FY27 revenue already secured, continued progress in reducing capital employed within the land business, renewable asset sales, and advancement of the Blindwells development. Management also outlined growth opportunities through strategic land promotion, waste management, infrastructure investment, and the zinc recycling project in Germany, which is expected to create significant long term value. The presentation reaffirmed confidence in the company growth strategy, strong balance sheet, disciplined capital allocation, and sustainable earnings supported by long term contracts, recurring cash generation, and expanding infrastructure demand.

Conduit Holdings reported a strong investor update for the first half of 2026, delivering comprehensive income of $80.3 million, return on equity of 7.8%, and tangible net assets per share growth of 23.2% over the past year. The company improved underwriting performance with a combined ratio of 92.6%, supported by a benign catastrophe environment, disciplined portfolio management, and higher investment income driven by a growing $2.3 billion asset base. Gross premiums written declined slightly to $789 million as management prioritized margins over volume, expanding casualty while reducing exposure to less attractive property and specialty business. Conduit strengthened its growth strategy through enhanced retrocession protection, capital discipline, and targeted investment in talent while returning approximately $68 million to shareholders through dividends and share repurchases. Management expects competitive market conditions and pricing pressure to continue but remains focused on sustainable revenue, underwriting quality, balance sheet strength, and long term shareholder value through selective capital deployment and disciplined risk management.

SDI Group PLC delivered a strong investor update for FY26 with record revenue of approximately £75 million, representing 13% growth driven by both organic expansion and strategic acquisitions. The company reported adjusted EBITDA of £14.1 million, improved operating margins of 15.5%, and adjusted operating profit of £11.6 million, while generating more than £10 million in operating cash flow. Organic revenue growth accelerated to 8% in the second half, supported by robust demand, major contract wins, and strong performance across all three business divisions. SDI strengthened its growth strategy through the acquisitions of Severn Thermal Solutions and PRP Opto Electronics, expanding its presence in high growth scientific and industrial markets. The group continued investing in operational excellence, product innovation, cross selling initiatives, and management capability while maintaining a healthy acquisition pipeline supported by an enhanced credit facility. Management highlighted a strong order book, positive trading momentum, and confidence in delivering FY27 performance in line with market expectations, reinforcing its commitment to sustainable long term growth, disciplined capital allocation, and creating shareholder value through its proven buy and build strategy.

Likewise Group PLC outlined a transformational growth strategy centred on a successful equity raise of approximately £30 million, providing the financial flexibility to accelerate expansion, strengthen its logistics network and increase long-term shareholder value. The investor update highlighted the acquisition of a new freehold distribution hub in Corby, alongside continued investment in Newport and Derby, significantly expanding operational capacity and positioning the business to grow annual revenue from around £200 million to £300 million. Management reported a strong start to the financial year, with positive sales momentum, improving gross margins and confidence in delivering its £4 million profit before tax (PBT) target despite higher distribution costs. The Group also emphasised its robust balance sheet, growing freehold property portfolio, disciplined capital investment and scalable distribution infrastructure, which support future market share gains and additional growth opportunities across the UK flooring market. With continued investment in supply chain efficiency, logistics capacity and sales expansion, Likewise believes it is well positioned to deliver sustainable revenue growth, improved profitability and enhanced long-term company performance.

GCP Infrastructure Investments delivered an investor update highlighting its resilient company performance, disciplined capital allocation strategy and continued focus on generating reliable long-term income from a diversified portfolio of UK infrastructure debt investments. The FTSE 250 investment company reported a portfolio valued at approximately £810 million across 47 operational assets, with exposure to renewables, PFI/PPP and supported social housing, generating an average portfolio yield of around 8% and benefiting from inflation-linked cash flows. Management emphasised the strength of its 15-year track record of paying a stable dividend, maintaining its 7.0p per share annual dividend target, supported by strong cash flow visibility and approximately £200 million of expected loan repayments over the next four years. The company also outlined significant progress on its capital recycling programme, exceeding its £150 million disposal target with £181 million of asset sales completed at or around NAV, alongside £74 million of share buybacks and the elimination of fund-level debt. Looking ahead, GCP Infrastructure expects to continue asset disposals, with a further £130 million pipeline supporting additional capital returns while maintaining a disciplined approach to portfolio optimisation. Management believes the current c.16-17% discount to NAV and dividend yield approaching 9% represent an attractive entry point, underpinned by defensive infrastructure assets, strong capital preservation, diversified public sector-backed revenue streams and a long-term growth strategy focused on delivering sustainable shareholder returns.

RTC Group PLC delivered a resilient investor update with solid interim financial results despite challenging market conditions, rising fuel and employment costs, and weaker activity in selected international and energy markets. The company maintained healthy profit, stable gross margins, strong cash generation, and a robust balance sheet with no term debt, supporting continued dividend payments and shareholder returns. Management highlighted a strong order book strengthened by six major contract wins across rail and energy, providing confidence in future revenue growth as long term infrastructure investment accelerates. The business continues to execute its growth strategy through organic expansion while remaining disciplined on acquisitions, focusing on value and shareholder returns. Rail performance remained strong, energy market activity is expected to improve as smart metering transitions progress, and water sector opportunities are increasing through AMP8 investment. With healthy cash reserves, strong debt management, experienced leadership, and exposure to major infrastructure markets, RTC Group remains well positioned to benefit from future investment, improve company performance, protect EBITDA and margins, and deliver sustainable long term value for investors.