• Have a question?
    Open from 8am to 7pm Monday to Friday    Call customer services
    0345 54 32 600


Prices delayed by at least 15 minutes | Print

Pipehawk PLC (PIP)

ORD 1P
Sell: 1.50p|Buy: 1.70p|Change: 0 (0%)

This share can be held in a Dealing accountStocks and shares ISALifetime ISAJISASIPPand can be used with Dividend reinvestment

PipeHawk says interim revenue to be "significantly ahead" year-on-year

(Alliance News) - PipeHawk PLC on Thursday said it made a positive start to the current financial year that runs to the end of June.

The Cinderford, England-based engineering solution provider said it anticipates revenue for the six months to December 31, excluding QM Systems Ltd, to be sharply ahead of GBP1.1 million it had posted a year prior.

"As previously announced on 28 November 2024, trading conditions in the UK and globally are very difficult for small & medium-sized enterprises. This means that, while management remains optimistic that the performance of our businesses will continue to improve gradually over the coming months, this is taking longer than originally anticipated. However, the board believes that the group has positioned itself to take advantage of current market conditions and that it should therefore be less susceptible to the need for a resurgence of business confidence."

PipeHawk shares closed 11% higher at 2.60 pence each on Friday in London.

By Tom Budszus, Alliance News slot editor

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

AJ Bell Management Limited (company number 03948391), AJ Bell Securities Limited (company number 02723420) and AJ Bell Asset Management Limited (company number 09742568) are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at 4 Exchange Quay, Salford Quays, Manchester M5 3EE. See website for full details. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.

© Copyright 2025 AJ Bell. All rights reserved.