Europe: Persimmon Revenues Jump 11%, Wirecard Net Jumps 26%

Nigel Thomas
18 Aug, 2015
New York City

Akers Biosciences net loss widened after revenues declined 28%. Chime Communications net swung to a loss on 7% drop in revenues. Mears net jumped 13%. Persimmon profit surged 45% to

[R]4:00 PM Frankfurt – Akers Biosciences net loss widened after revenues declined 28%. Chime Communications net swung to a loss on 7% drop in revenues. Mears net jumped 13%. Persimmon profit surged 45% to £237 million. Wirecard net soared 27% to €32.4 million.[/R]

In London trading, FTSE 100 index slipped 22.41 or 0.4% to 6,526.29 and in Frankfurt the DAX index fell 20.46 or 0.2% to 10,917.

In Paris, CAC 40 index slid 6.41 to 4,978.85.

Akers Biosciences Inc plunged 22.3% to 200 pence after the U.S.-based diagnostic assistance provider and listed on the London Stock Exchange said revenues in the second-quarter ending in June declined 28.1% to $0.97 million from $1.35 million in a year ago period.

Net loss in the quarter widened form a year ago to $2.09 million compared to $0.5 million and diluted loss per share increased to 41 cents from 10 cents.

Chime Communications Plc rose 0.3% to 362.25 pence after the U.K.-based advertising and marketing company stated revenues in the first-half ending in June slumped 7% to £184.5 million form £198.5 million in a year ago period.

Net in the period swung to a loss of £1.46 million compared to profit of £5.19 million in the year ago quarter and diluted loss per share swung to a 1.46 pence from diluted earnings per share of 5.24 pence.

Mears Group Plc jumped 3.5% to 408 pence after the U.K.-based home-builder reported revenues in the first-half ending in June slid 0.5% to £430.02 million from £428.07 billion in a year ago period.

Net profit in the period jumped 12.5% from a year ago to £11.46 million compared to £10.19 million and diluted earnings per share gained to 11.16 pence from 9.75 pence.

Persimmon Plc dropped 2.1% to 2,077 pence after the U.K.-based home-builder reported revenues in the first-half ending in June jumped 11% to £1.33 billion from £1.20 billion in a year ago period.

Net profit in the period surged 45.2% from a year ago to £237 million compared to £163.2 million and diluted earnings per share jumped to 75.6 pence from 53.4 pence.

Wirecard AG soared 8% to €38.86 after the Germany-based electronic payment services provider reported revenues in the second-quarter ending in June surged 26.7% to €180.67 million from €142.59 million a year ago period.

Net profit in the quarter soared 26.6% from a year ago to €32.35 million compared to €23.72 million and diluted earnings per share increased to €0.26 from €0.19.