Small caps round-up: Scott Wilson, Kryso Resources, Snacktime...

11th Aug 2009 09:13

Design and engineering consultancy Scott Wilson said Crossrail has confirmed its intention to award Design Package C130 for Paddington Station on the Central Section Framework to the group and is proceeding to contract. The contract to Scott Wilson is £9.8m over a year and a half. Kryso Resources has appointed the Beijing General Research Institute of Mining & Metallurgy to complete the Pakrut gold project bankable feasibility study, which is targeted for completion before the end of 2009.Home credit and motor finance firm S&U said it is currently trading in line with market expectations, with trends suggesting further progress in the second half. It said current trading and profitability within its home credit division is "very satisfactory" and is encouraging for the full year outlook. Advantage Finance, its motor finance business which comprises just over 30% of group revenue, continues to trade well and to exceed budget.Hungry investors piled into Snacktime on Monday as the snack and chilled drink vending machines operator raised annual profits by 64%.Profit before tax for the year ended 31 March climbed to £201,933 from £122,851 the year before. "The business continues to see very good opportunities in the coming year, and we remain optimistic that Snacktime's excellent growth record can be continued," said boss Blair Jenkins.Barrie Whipp, executive chairman at Crimson Tide, was "absolutely delighted" at the mobile data specialist's first EBITDA profit since admission to AIM in 2006.The loss before tax for the six months to 30 June narrowed to £35,000 from £159,000 in 2008. Engineer Avingtrans said its Energy and Medical division has secured a contract extension for the supply of Magnetic Resonance Imaging (MRI) products to Siemens Healthcare out to October 2010.The group said it reported and represents an increase of up to 30% in the value of its existing contract with Siemens Healthcare.African conglomerate Lonrho has issued 35.2m ordinary shares at a price of 7.047p to Altima Global Special Opportunities Master Fund Limited, a fund managed by Altima Partners LLP for cash to meet an existing obligation under the purchase agreement of its 51% stake in Rollex.