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UK small-cap RNS · 19 May 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. 14:34
    Annual General Meeting 2026 & Trading Update Trading update
    Four-month update shows loans, deposits and FUMA all growing after a year of shrinking loans; base rate cuts still offset the good trading, so profit upside is limited.
    Turnaround plan with targets outlook mixed3 business updates in 3 months – usually about 1 −2.4% on the day
    Moved: Loan book contraction: Loans down 6%; capital preserved before Basel 3.1 → Loan book growing again, all segments up · Asset Alliance vehicle sale losses: Stock very low; sales profitable in Jan-Feb 2026 → Used vehicle sales now profitable, recovery signs · Wealth Management optimisation: Implementation during 2026; funds due early Q2 → First fund range launched April
  2. 07:00
    Q1 Trading Update Trading update
    Significantly Stronger Growth; Acceleration of Preventive Maintenance Strategy
    −2.9% on the day
  3. 07:00
    AGM Trading Update Trading update
    Reconfirms the January-cut 2026 PBT guidance of £60m-£65m with good core trading. This is a reaffirmation of already-lowered guidance, not an upgrade, and profit is still expected to fall from 2025.
    Project milestones in lineoutlook mixedfirst in 12 months +2.7% on the day
    Moved: Foppen US shipment disruption: Restrictions continue; £27.6m exceptional costs booked → Exporting by sea; awaiting FDA feedback · Canada facilities and Saudi JV: On schedule; contribution expected from 2027 → On track; bacon added to Canada scope · Seachill, Foppen, Dalco improvement plans: Improvement plans being implemented → Cost reduction and volume plans under way
  4. 07:00
    AGM Trading Update Trading update
    Like-for-like revenue fell 11% and Q1 industry brick despatches fell 11%. April output was pushed into H2, and the company now sees a wider range of full-year outcomes, which is a step back from March's 'slightly ahead' EBITDA guide.
    Upgrade / downgrade cycle outlook mixed, lowered −6.7% on the day
    Moved: Announce and deliver 2025 price increases to offset cost inflation: on_track → delivered – Low to mid single-digit brick price increases, sufficient to recover the cost inflation envisaged at the time, were implemented in Q1. · new: 2026 guidance and Middle East costs – Wider range of 2026 outcomes; H2 weighted
  5. 07:00
    Q1 2026 Trading Update Trading update
    Strong Q1 performance, broad-based growth and sustained Energy Transition momentum support upgraded full-year outlook 2026 Adjusted Operating Profit expectations upgraded
    Upgrade / downgrade cycle ahead of expectations +2.1% on the day
  6. 07:00
    AGM statement & positive Q1 trading update Trading update
    We are very pleased that trading to date for the year ended 31 December 2026 ("FY 2026") remains in-line with management expectations.
    −1.1% on the day

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