UK small-cap RNS · 19 Mar 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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07:00

ECO Animal Health Group EAH £64m
Full Year Trading Update Trading update
Adjusted EBITDA is now 'materially ahead' of consensus (£7.6m), beyond December's 'in line' guidance, driven by better pricing and cost of goods; revenue is only slightly ahead.

Upgrade / downgrade cycle ahead of expectationsoutlook positive, raised +6.2% on the day
07:00

Titon Holdings TON £9.3m
AGM Trading Update Trading update
Full-year revenue and profit are still expected in line, but H1 was softer than expected and Hardware sales are now guided down for FY26. The outcome rests on a stronger second half.

Turnaround plan with targets in lineoutlook mixed −2.9% on the day

Moved: Return window and door hardware to growth in FY26: on_track → changed – The company now expects FY26 Hardware sales to fall year on year, against the target of returning Hardware to growth in FY26. · Turnaround and 2028 targets: FY25 margins and EBITDA improved; hardware still not growing → Ventilation growing; Hardware set to decline in FY26
07:00

Focusrite TUNE £134m
Trading Update: Trading in-line with expectations Trading update
Confirms 12-month adjusted EBITDA in line with market expectations, but six-month revenue of about £76m falls below the £77.0-80.1m forecast range. No upgrade; the miss is attributed to the US channel unwind and a strong comparator.

Segment turn in lineoutlook mixedfirst in 6 months +0.0% on the day

Moved: US channel inventory unwind: Moderately elevated stock; unwind expected over 12-18 months → Unwind continuing; Audio Reproduction back to growth · US tariff exposure: Mitigating via pricing and relocation; uncertainty remains → Margins held despite tariffs