果冻传媒

Shares in Team Internet (TIG) jumped nearly 9 per cent this morning after the Aim-traded internet services group said it plans to sell its search business and is reviewing options for the domains, identity and software (DIS) division, including a possible divestment.

The company said its current share price does not reflect the 鈥渋ntrinsic value鈥� of its individual businesses, and it has launched a strategic review following a series of inbound approaches.

鈥淲e are in active discussions regarding the divestment or formation of strategic partnerships for substantially all parts of the business in separate transactions,鈥� the board said.

Talks are most advanced in the DIS division, where Team Internet has appointed a 鈥淭ier 1 financial adviser鈥� to explore options. The board believes this business alone could be worth more than the company鈥檚 current 拢110mn market capitalisation.

The search segment, which has been hit by Google鈥檚 policy changes but is pivoting toward direct advertiser and commerce media models, is now expected to be classified as an 鈥渁sset held for sale鈥� as formal talks with potential buyers get under way.

Team Internet has also updated its 2025 forecasts. Group adjusted Ebitda is now expected to sit between $40-45mn, compared with $92mn in 2024. DIS is expected to contribute $21-22mn ($19mn in 2024), the comparison segment $11-13mn (down from $16mn) and search $8-10mn (down from $57mn).

In its first trading update since listing on the London Stock Exchange last month, Princes Group鈥檚 (PRN) chief executive said that the company is on the lookout for acquisition opportunities.

Boss Simon Harrison said the maker of Napolina chopped tomatoes and Flora margarine now has the 鈥渇irepower鈥� to pursue 鈥渧alue accretive M&A鈥�, as the group reported revenues of 拢1.4bn for the nine months to 30 September.

The company increased earnings before interest, tax, depreciation and amortisation (Ebitda) by 52 per cent over the period, thanks to synergies from bringing together subsidiaries under the 鈥渃onsolidation perimeter鈥� of its initial public offering.

The UK remains Princes鈥� largest market, and contributed 71 per cent of third-quarter revenues.

The shares rose 5 per cent in early trading, hitting 467p. The company was admitted to the stock exchange with an opening price of 475p per share.

Shares in Hilton Food Group (HFG) plummeted by more than a fifth this morning, after the company downgraded its full-year outlook and left a question mark over prospects for 2026.

The food retail supplier cited a 鈥渉ighly inflationary pricing environment鈥� as weighing on demand. The firm now expects pre-tax profit for 2025 to come in between 拢72mn to 拢75mn, as opposed to the 拢77mn to 拢81mn range previously guided.

And while the company expects its salmon unit to perform well over the festive period, its broader UK seafood division continues to suffer from lower demand for white fish. Matters are not helped by issues with its Foppen smoked salmon business, where exports have been disrupted as a result of US regulatory restrictions.

Implementation of a workaround has been further delayed by the US government shutdown, and it is now no longer expected to be operational by the end of this year. The company warned that achieving profit progression next year will be 鈥渄ifficult鈥� as a result.

Informa (INF) has reaffirmed its 2025 revenue guidance after reporting 6.6 per cent group underlying revenue growth in the 10 months to 31 October, or 7.6 per cent when excluding its TechTarget arm.

The FTSE 100 group鈥檚 B2B live events remain the main growth engine, with sales up 8.7 per cent. The academic markets business, which includes publisher Taylor & Francis, grew sales by 3 per cent, including non-recurring data licenses. Informa TechTarget, meanwhile, saw a 2.7 per cent decline, an improvement from a 4.3 per cent drop in the first half.

Management still expects 6 per cent underlying revenue growth for the full year, with group revenues of around 拢4bn and 10 per cent adjusted earnings per share growth. Around 拢1bn of 2026 revenues have already been booked or committed, which Panmure Liberum said implies growth of over 5 per cent.

The shares rose 2 per cent to 987p, having jumped by more than a fifth in the year to date. The company will host its 2025 capital markets day on 17-18 November in Dubai.

Chancellor Rachel Reeves鈥� decision to delay the Autumn Budget might have bought her more time to lay the groundwork for an income tax rise, but few foundations are being put down elsewhere. Project starts on site have slowed as clients sit on their hands

Read more about the impact on London-listed companies here

Shares in 4imprint (FOUR) surged nearly 18 per cent this morning after the promotional goods group lifted its 2025 profit guidance and said full-year group revenue should land at the top end of analyst expectations.

The board now expects group revenue of at least $1.32bn (拢1bn) and pre-tax profit of $142mn. That still marks a small dip from last year, with revenue down around 4 per cent and profit off around 8 per cent, but investors were clearly reassured by the improved outlook.

Group revenue for the first 10 months of 2025 was running 2 per cent below the same period in 2024, while order intake was down around 3 per cent. Existing customer orders have held steady, though new customer orders slipped 13 per cent year to date.

Margins have held up better than feared, with a gross profit margin just under 33 per cent and a double-digit operating margin intact. The FTSE 250 group said product cost increases linked to tariffs are being phased in more slowly than expected, easing some of the pressure on profitability.