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UK small-cap RNS · 13 Jan 2026

Every announcement of UK small & mid caps under £2bn. The ones that started or moved a situation are marked – a click opens it.

Key = all announcements except routine filings (voting rights, buybacks, holdings, director forms), plus the ones that are part of a situation. Not investment advice.

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  1. 07:00
    Trading Statement Trading update
    Revenue is flat at c. £2.1m, but admin costs fell 27% and the Group traded profitably in Q4. Management says the result is ahead of its expectations, which supports the turnaround. Forward contracted revenue is lower, at £1.9m against £2.5m.
    Turnaround plan with targets ahead of expectationsoutlook positivefirst in 11 months +17.9% on the day
    Moved: ARM's trading cash generative by 31 December 2024.: pending → delivered – The Group traded profitably in October, November and December 2025, so trading was cash-generative or better by end 2024's target was not stated, but Q4 2025 profit is reported. · Significant progress towards cash-generative and profitable trading by end of 20: pending → on_track – Profitable trading in Q4 2025 and a 27% cost reduction; profit is reported, but cash generation is not stated for the full year. · Deliver a further £300k a year of cost savings by end 2025.: pending → on_track – Administrative costs fell 27% in 2025 and Q4 annualised overheads were £1.8m, though the £300k saving is not tied explicitly.
  2. 07:00
    Fourth Quarter 2025 Trading Update Trading update
    · Group gross profit of £190.7m, -4.6% vs.
    first in 6 months −6.6% on the day
  3. 07:00
    Trading Statement Trading update
    Metir plc (AIM: MET), the leading global provider of fast-response, mobile and point-of-use water and environmental monitoring technologies, is pleased to provide a trading update for the financial year ended 31 December 2025 ("FY25").
    in linefirst since Oct 2023 +0.0% on the day
  4. 07:00
    THG THG £630m
    Q4 2025 Trading Statement Trading update
    Fourth quarter trading statement for the period ended 31 December 2025
    ahead of expectations −8.9% on the day
  5. 07:00
    SIG SHI £109m
    2025 Full Year Trading Update & Strategy Framework Trading update
    FY25 underlying operating profit of c£32m (£7m above prior year) matches market expectations, helped by cost cuts, but H2 demand softened and recovery is delayed, so there is no upside surprise.
    Upgrade / downgrade cycle in lineoutlook mixedfirst in 10 months +1.6% on the day
    Moved: Deliver FY25 underlying operating profit in line with market expectations: pending → delivered – FY25 underlying operating profit expected at c£32m, in line with market consensus of £31.1m. · French like-for-like growth to improve over the rest of 2025: pending → missed – French LFL sales fell in both halves, with H2 no better than H1 in Roofing and little better in Interiors. · Reach 5% operating margin over the medium term: pending → changed – The Vision 2030 framework now targets a 3%-5% through-the-cycle operating margin, not a plain 5% over the medium term.
  6. 07:00
    Full Year Trading Update Trading update
    FY2025 revenue of £68.0m and headline operating profit of £5.1m fall well short of the £73.0m and £8.5m consensus, as major project completions slipped into H1 2026.
    Turnaround plan with targets below expectationsoutlook mixedfirst since Oct 2023 −10.8% on the day
    Moved: new: Agency consolidation and simplification – Consolidation announced; savings to be delivered
  7. 07:00
    Full Year Trading Update Trading update
    Record revenues exceeding $10 million for the first time, driven by third consecutive record half year and strong customer momentum
    first in 8 months +11.6% on the day
  8. 07:00
    2025 Full Year Trading Statement Trading update
    2026 EBITDA guidance of $145-155m is above the 2025 outturn of c.$135m, and the Subsea 2030 revenue target is raised from $250m to $470m, though the raise leans on M&A and OOR.
    Turnaround plan with targets outlook positive, raisedfirst since Oct 2023 +1.0% on the day
    Moved: EMEA restructuring: Netherlands and Norway closed; Dubai facility opened → Losses narrowing; break-even in December 2025 · Share buyback programme: 3,510,198 shares bought for c.$15.6m to 21 October → $33.5m of $60m completed · Bolt-on acquisition search: Reviewing opportunities in subsea and well completions → M&A now built into raised subsea target
  9. 07:00
    Trading Update Trading update
    FY2025 Adj. EBITDA and Adj. EPS are guided within the consensus range, so the year is on expectations. Growth comes from the German acquisitions, with no upgrade or warning.
    £42.5m · 4% of mcapin lineoutlook mixedfirst in 8 months +3.9% on the day
    Moved: new: Share buyback programmes – FY2026 £42.5m buyback launched
  10. 07:00
    Pre-close trading update Trading update
    596/2014) as incorporated into English law by the European Union (Withdrawal) Act 2018 (as amended from time to time).
    ahead of expectations +3.2% on the day
  11. 07:00
    H1 - FY26 Trading Update Trading update
    H1 revenue nearly doubled to £51.1m and pre-tax profit rose 47% to £3.1m, with both divisions in line with expectations. Gross cash of £41.5m (£27.3m restricted) eases the earlier tight cash position.
    in lineoutlook positivefirst since Oct 2023 −2.6% on the day
    Moved: Sovereign MDA system contract delivery: Implementing £325m contracts; £68m of milestones delivered → Four projects executing simultaneously, fifth supported · New sovereign US$200m award: Award notified; contract and financing pending → Award notified; awaiting contracting and finance approval · NEXUS VHF/DSC/AIS radio launch: Pre-production and certification; final refinement under way → Deliveries possible in H2 as upside
  12. 07:00
    Year-end Trading Update Trading update
    Raspberry Pi, a leader in low-cost, high-performance computing, today provides an update on trading for the financial year ended December 2025 (FY2025) and the outlook for FY2026.
    Upgrade / downgrade cycle ahead of expectationsfirst since Oct 2023 −2.1% on the day
  13. 07:00
    Trading Update Trading update
    ("Brave Bison" or the "Company", together with its subsidiaries "the Group")
    Upgrade / downgrade cycle ahead of expectations +2.5% on the day
  14. 07:00
    Trading Update Trading update
    Momentum continues to build, with significant growth in own site revenue
    in line −15.6% on the day

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