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Joined April 2019
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Reckitt revised full-year like-for-like growth guidance to 3.5%-4.5% after Q3 like-for-like revenue rose 3.3%, reflecting Lysol supply constraints in North America and a China VMS slowdown. $RKT 1/4
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3/4 CEO Kris Licht: "North America was below our expectations. While consumer demand for Lysol remains strong, temporary manufacturing constraints limited our ability to fully meet demand."
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One Health Group (LON: OHGR) says first-half revenue rose 17% to £18.3m, from £15.6m a year earlier, in the six months to 30 September. $OHGR 1/4
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3/4 Underlying EBITDA is expected to beat last year's £1.18m, but no first-half figure was given. Full year is on track with management's understanding of consensus: revenue £33.2m-£34.0m, underlying EBITDA £2.6m.
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Airtel Mobile Commerce, the Airtel Money holding company, reported H1 revenue up 34.0% to USD 830m in its first results as a listed company, but underlying EBITDA margin fell to 48.0% from 50.8%. $AMC 1/4
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3/4 The company attributes 270bps of the margin squeeze to the July 2025 change to its Airtel Africa contracts and 60bps to an extra DRC levy. Customers rose 18.7% to 56.7m across 13 African markets.
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Bezant Resources $BZT has drawn a £4m unsecured loan from Yorkville-managed YA II PN instead of placing new shares, but warrants and a planned at-the-market facility mean dilution is delayed, not removed.
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A 6% non-refundable upfront fee plus a £20,000 structuring and due diligence fee total £260,000, leaving about £3.74m before other costs. The lender also gets three-year warrants with an aggregate subscription value of £3m at 0.16p a share.
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Rio Tinto ($RIO) will invest $1.9bn in the Kangwinan bauxite project in Queensland, adding 20 million tonnes of annual capacity at Weipa, with first output targeted for 2029.
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Kangwinan replaces ageing Weipa output and lifts capacity to about 44Mt from 38Mt. Gove production is due to end in 2029.
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