Aquis weekly movers: Profit rebounds at Field Systems Designs

Audit and assurance services provider Adsure Services (LON: ADS) has signed a contract with K10 Vision to implement its audit working paper software. This will enhance the efficiency of subsidiary TIAA and integration is already underway. The share price increased 17% to 27.5p.

SulNOx Group (LON: SNOX) has signed an exclusive agency agreement for Greece and Cyprus with Technava SA. The focus will be the maritime market for the company’s fuel additives. The share price improved 15.8% to 110p.

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EDX Medical Group (LON: EDX) founder and executive director Professor Sir Chris Evans acquired 60,000 shares at 12.97p each and 30,000 shares at an average share price of 13.49p each. The share price moved ahead by 6% to 13.25p.

In the six months to November 2024, Field Systems Designs (LON: FSD) improved revenues from £8.8m to £13.1m and pre-tax profit recovered from £84,000 to £853,000. There is cash of £4.4m. The mechanical and electrical engineering services company has benefit from increasing activity under the AMP7 programme for the water sector. The AMP8 programme will begin in April 2025. There are secured orders worth more than £22m, but the start of AMP8 is likely to see a slowdown in spending before it ramps up again. The share price rose 5.88% to 45p.

FALLERS

KR1 (LON: KR1) reported an end-January 2025 NAV of 77.5p/share, down from 77.8p/share the previous month, and has generated income of £721,233 during the months. The share price fell 13.8% to 40.5p.

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Coinsilium (LON: COIN) subsidiary Forza Gibraltar is taking part in the Bitcoin Horizons: Global Adoption and Asset Strategy on 18 March. The share price dipped 6.35% to 2.95p.

Having raised £7.4m from a placing at 180p/share healthcare procedures provider One Health Group (LON: OHGR) has raised a further £200,000 through a retail offer, where shares worth up to £500,000 were on offer. Existing shareholders have the chance to take up shares in a one-for-38 open offer of up to £500,000 ahead of the move to AIM. which is expected to happen on 20 March. The share price slipped 2.56% to 190p.

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