Filtronic’s FY26 results were broadly in line with Edison Group's recently upgraded estimates. During the year, the company diversified its customer base and invested to ensure the business is able to scale to meet its customers’ technology and production requirements. Filtronic is seeing a growing proportion of multi-year programmes and repeat business, resulting in good visibility entering FY27. Edison maintains their FY27 revenue forecast, which factors in modest growth, b

discoverIE Group plc reported continuing strong momentum in order intake, with Q127 organic order growth of 31% y-o-y, up from 14% in Q426. Q127 revenue was 6% higher on an organic basis with a further 4% contribution from recent acquisitions. The company noted that the positive outlook continues with full year adjusted earnings tracking ahead of board expectations. As it is still early in the year, Edison Group has conservatively made a small upgrade to their forecasts, with

Alkane Resources Ltd’s Q426 quarterly activities report revealed record annual ounces produced, record mined ore tonnes, record mill throughput, record cash flow, likely record profit after tax, a gross margin in excess of 50% (Edison forecasts) and a maiden dividend of 2c/share, helping to cement the reputation of its management as both consistent executors and good assessors of risk. Less than a year after its merger with Mandalay, the company is undertaking a major investm

Sylvania Platinum Limited reported record quarterly revenue of US$78.7m in Q326, with healthy 4E platinum group metals (PGMs) production (22,853oz, down 7% on the Q226 record), strong PGM prices and a growing chrome contribution. The company expects to achieve or exceed FY26 4E PGM production guidance, but lowered its chrome production guidance due to further weather-related and other challenges as the Thaba joint venture (JV) ramps up to full production. Q326 saw high cost g

Molten Ventures expects a 13% increase in NAV per share in total return terms in FY26 (end-March 2026) and a 12.2% fair value growth of its gross portfolio at constant currency, driven by strong performance of several Core holdings (including ICEYE, @Revolut, Ledger and Riverlane) and a c 3.1% NAV accretion from the £38m share buybacks, which more than offset the impact of lower comparable public multiples. Revenue growth across Molten’s Core portfolio reached 40% in FY26. Mo

HELIOS UNDERWRITING PLC (Helios) released its Q425 quarterly Lloyd’s of London syndicate mid-points for the 2023 and 2024 years of account (YOA) on 9 April 2026. The mid-points, which provide guidance on the ultimate expected underwriting performance of the syndicates, have shown positive development over the past quarter and are supportive of our earnings forecasts for the company in FY25 and FY26. With large 2023 YOA profits expected to be realised in May 2026, Helios has

HgT ’s final FY25 results confirmed the strong underlying last-12-month (LTM) growth in revenue and EBITDA across its portfolio, with final figures at 17% and 19%, respectively (of which 11% and 17% was organic, respectively). This was partly offset by lower comparable multiples and higher net debt across the portfolio used to finance bolt-on M&A, leading to a 4.0% NAV total return (TR) in FY25. HgT’s portfolio companies maintain a healthy average EBITDA margin of 33%, which

HELIOS UNDERWRITING PLC (Helios) is set to benefit from strong cash generation as its syndicate investments start distributing dividends relating to very profitable business written since 2022. Under its new IFRS accounting standard, it is classified as an investment company, and we forecast strong dividend income of £19.9m in FY25, growing to £37.6m in FY26. The cash from syndicates could be used to pay down debt and fund shareholder distributions on top of the recent £7.3m

HELLENiQ ENERGY reported FY25 adjusted EBITDA of €1,132m, up 10% y-o-y, and adjusted net income of €503m, up 25% y-o-y, marking the fourth consecutive year of more than €1bn EBITDA. Management believes that this EBITDA performance can be sustained. Performance was supported by a stronger refining environment, solid operational execution and a rising contribution from international and power activities. Reported net income reached €173m, up from €60m in FY24, with inventory v

MCB Group Ltd (MCBG) is the leading financial services group in Mauritius and a pan-African player. The group launched its Vision 2030 strategy in 2025, which sets out the goals and objectives for the next five years. MCBG has consistently delivered a high-teens return on equity (ROE), generating 16.4% in FY25. Consistent profitability, coupled with a sound capital base (a Tier-1 ratio of 19.6% at end-June 2025), allows MCBG to distribute an attractive dividend, currently yi