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UK small-cap RNS · 3 Feb 2026

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

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  1. 07:00
    FY 2025 Trading Statement Trading update
    Unaudited FY2025 trading statement shows production, costs and capex inside guidance, with lower net debt and a record year; the subtype is a trading update, not final results, and an impairment is flagged.
    Project milestones in lineoutlook positive −8.3% on the day
    Moved: new: Nam Du/U Minh Vietnam development – FDP approved by Petrovietnam; government approval pending · new: 2026 guidance and reserves update – Due end of February 2026
  2. 07:00
    FY 2025 Trading Update Trading update
    Expects a headline pre-tax loss of c.£3.5m and net debt up to £17.5m from £12.1m, as tariffs, transformation costs and higher energy and wage costs hit; improving H2 trends only partly offset this.
    New CEO / reset outlook positive −2.6% on the day
    Moved: new: Transformation plan – Year one done; losses and higher net debt · new: US tariffs and net debt – Covenants revised in 2025 with Barclays
  3. 07:00
    Trading Update Trading update
    The Group has delivered a further record H1 for new business won, which together with increasingly efficient customer deployments, has contributed to a record real-term increase in ARR for a six month period.
    first since Oct 2023 +3.7% on the day
  4. 07:00
    Full Year Trading Update Trading update
    Full year performance in-line with expectations - Double-digit profit growth
    in linefirst in 6 months +5.7% on the day
  5. 07:00
    2026 Annual General Meeting & Trading Update Trading update
    Adds a Naval Group Scorpène-class submarine vessel award to the defence order book and says further overseas awards are expected in H1. FY26 growth guidance is reconfirmed, though HAR1 is still not awarded.
    outlook positivefirst since Oct 2023 +13.7% on the day
    Moved: UK hydrogen new build contracts: HAR1 award slipped from Q4 2025 to Q1 2026 → HAR1 award still pending; expected H1 2026 · FY25 results and FY26 earnings growth: FY25 results delivered; FY26 outlook reiterated → FY26 growth reconfirmed, H2-weighted

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