Equity Development

​Equity Development enables companies to become better understood and supported by investors. Since our launch in 1996 we have consistently focused on helping our clients improve their communication and relationships with both existing and potential shareholders. Our clients have come from a wide variety of sectors and domiciles, are both private and quoted and range in size from micro-cap to $multi-billions. We offer free access to company research notes written by experienced analysts. These notes include detailed forecasts, financial models and a fair value. We host regular Private Investor Forums at which investors have the opportunity to hear company directors present, and to ask questions. These are free to attend. We broadcast live Webinars with company management that include active Q&A. We also make the recordings available online. We arrange face to face meetings between private investors and company management. We are active users of Twitter, commenting daily on company news, share price moves, Directors’ Dealings, Equity Development Research Notes & Events.

James Tetley
  • James Tetley

Strong appointment supports strategic growth plans

Yesterday’s AGM follows a year of significant progress for Springfield, which saw a material increase in profitability, strong cash generation and the refocusing of activities in the North of Scotland. Springfield also announced a key Board appointment, which sees Alasdair Gardner join as a Non-Executive Director. Within Lloyds Banking Group, Alasdair’s roles included Head of Industrials and Commercial Banking Scotland, Head of Large Corporates North America and, latterly, MD of The Islands Bu...

Paul Bryant
  • Paul Bryant

Geographic expansion on track: Abu Dhabi progress

CAB Global Markets, CAB Payments’ (CABP) Middle Eastern subsidiary, has received in-principle approval for a Category 2 Financial Services Permission licence from the Financial Services Regulatory Authority of ADGM (Abu Dhabi Global Markets). This licence will add to the group’s current licences and offices in the UK, Netherlands, and the USA. CABP specialises in moving money (both ways) between developed and emerging markets, with a focus on ‘hard to reach’ frontier markets. With huge volumes ...

Chris Wickham
  • Chris Wickham

Brand growth central to investment case

Ultimate Products' FY2025 results release confirmed key figures and brand growth messages from the company’s 13th August trading update. The group’s owned brands overall maintained a positive momentum and grew by 4.3%. Other key segmental trends detailed in today’s statement included strength in housewares as re-branded Beldray advanced by 11.1%, and a 12.0% gain in the largest part of the group’s international business, discounters. Year-end net debt was confirmed at £14.1m and adjusted EPS w...

David O'Brien
  • David O'Brien

Diales Group - Continuing to deliver progress

The FY25 trading update confirms the ongoing success of the December 2023 strategic review, with the Group achieving increasingly ambitious consensus estimates over the subsequent two years. The pipeline for new business remains positive, indicating a promising start for FY26. Cash reserves have risen to £3.0m, up from £2.4m at the half-year point, facilitating investment in both additional experts and digital systems to support revenue growth and enhance operational efficiency. Our FY26 estim...

James Tetley
  • James Tetley

Restore plc - Site visit underscores growth ambitions

Restore hosted an investor and analyst site visit last week, with a focus on two of the Group’s growth engines: Restore Technology and Synertec, the recent £33m acquisition. At its core, Restore is a high quality, cash generative business with a significant proportion of recurring revenues. Whilst these are key tenets of the investment case, the site visit provided a reminder of management’s ambition to deliver significant earnings growth over the medium term through a combination of revenue gr...

Energy from Hydrogen: Making a cleaner world

The global supply / demand picture for hydrogen is rapidly evolving as the world shifts toward cleaner energy solutions. Hydrogen is viewed as a critical component of this transition. The International Renewable Energy Agency (IRENA) states that the global production of hydrogen now stands at 75 Mt/yr of pure hydrogen, with an additional 45 Mt/yr as a mix of gases. Looking forward, the International Energy Agency (IEA) estimates that already announced projects could increase production by 50%...

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