A summary of today’s breaking news can be found below. Follow the BusinessBite live tech blog at this link.
Risers
W.A.G Payment Solutions – +3.28%
Oxford Biomedica +2.93%
Prudential – +2.77%
Vietnam Enterprise Investments – +2.71%
Bodycote – +2.69%
Fallers
Mondi – -13.75%
Aston Martin Lagonda Global Holding – -7.01%
QinetiQ Group – -5.32%
Raspberry Pi – -2.81%
Metro Bank Holdings – -2.49%
fulfilmentcrowd, a tech-driven fulfilment provider for omnichannel brands, has announced record-breaking growth and continued global expansion following investment this summer from Palatine.
For the financial year ending 31st March 2025, revenue at the Chorley, Lancashire-based firm surpassed £20 million for the first time, with a 27% increase in transaction volumes across all territories.
The company reported a £3.1m EBITDA, nearly doubling the previous year’s performance, and a significant uplift in international revenues, which now account for over 29% of total group revenue.
The UK remains the principal trading entity – revenue here rose to £14.2m – while European operations surged by 42%, reaching £4.7m in revenue, and US revenue nearly tripled to £1.1m.
New centres opened in Dublin (Ireland) and Sydney (Australia) expanded its global footprint to more than 1.5m sq ft.
The owner of Social Chain has opposed a significant shareholder over the proposed appointment of Julia Robertson as a director.
Brave Bison Group plc is convening a general meeting on 24th October to consider the requisition notice posted by Lord Michael Ashcroft.
Robertson’s appointment would require 50% of votes cast to pass. Brave Bison says it has consulted with shareholders and strategic partners News Corp. and Professor Mark Ritson and says the appointment would not be in the best interests of the company.
The board is recommending that shareholders vote against the proposed resolution and claims it has received written indications of support for its position from shareholders representing 51% of the company’s issued share capital.
Tory donor and former party chair Lord Ashcroft sold his recruitment company Impellam to Dutch rival Headfirst for £482m in 2023. Robertson was its CEO and left the company earlier this year.
She is currently chair of Optim Health plc and a non-exec director at Marlowe plc.
Brave Bison’s share price is up 130% in the year to date.
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