Skip to content

Three Quick Facts: World High Life, Avon Rubber and Fusion Antibodies

*

Three things you need to know in the financial markets this morning from investment writer, Tony Cross.

World High Life

Slim pickings in corporate news this morning, but Aquis-listed World High Life [AQSE:LIFE] has reported a sharp increase in July’s sales figures for its London-based CBD brand, Love Hemp. Income was up 57% year-on-year, with online channels continuing to perform well. The company notes that consumers are increasingly turning to natural health remedies to cope with anxiety, something which has understandably been elevated during the COVID pandemic.

Avon Rubber

Avon Rubber LON:AVON has today updated the market with news of a contract award for the NATO Procurement Agency. This is to supply a range of masks and air filtration systems, runs for 10 years and will start having an impact on the bottom line in the 2021 financial year. No details of the value of the contract are available.


Fusion Antibodies

One company that caught the eye this morning was Fusion Antibodies LON:FAB with its final results. As the name hints, they are playing a part in the fight to find a solution for COVID-19. The company has recently introduced a new service, which can improve the structure and performance of antibody-based drugs. That’s helped drive revenues up from £2.2m to £3.9m, whilst also cutting losses from £1.3m to £0.7m. This could warrant a closer look at the full statement.

Sign up for three quick facts and more with our Free Daily Digest newsletter, every weekday morning.

Looking for great investing ideas? Sign up to our free newsletter.

Join us on WhatsApp

This article does not constitute investment advice. Make sure you do your own research or consult a professional advisor.

'How to' Guides

Our latest in-depth company reports

Detailed reviews of selected companies and investment trusts.

On the podcast

Sign up for great investing stock tips

Thanks to our Site Partners

Our partners are established, regulated businesses and we are grateful for their support.

Aquis
CME Group
FP Markets
Pepperstone
TMX
WisdomTree
Back To Top