Daily Stock Market Report (Tue 27th Jan 2026) - Agenda
Good morning!
I note that Revel Collective (LON:TRC), formerly known as Revolutions Bars, now intends to appoint administrators. Existing shareholders were already set to be wiped out, and so the only question remaining is whether or not it can be sold as a going concern. Hopefully it can - "discussions are well advanced, and the Board anticipates a further announcement in the coming days."
It would be easy to view this as indicative of wider economic weakness, but my sense is that TRC would have been fragile regardless of the state of the economy.
Today's Agenda is complete.
Spreadsheet accompanying this report: link.
Companies Reporting
Name (Mkt Cap)RNSSummaryOur View (Author)Sage (LON:SGE) (£10.0bn | SR38)Trading Update for the 3 months ended 31 Dec 2025Q1 organic revenue +10%, with Sage Business Cloud +15%. FY26 guidance unchanged.Cranswick (LON:CWK) (£2.8bn | SR72)Third quarter trading statementStrong trading in quarter with record Christmas trading. Now expect FY26 adj pre-tax profit to be at upper end of market expectations (£211.3m to £216.0m).MITIE (LON:MTO) (£2.26bn | SR83)Q3 FY26 Trading UpdateRevenue +10% (+4% organic) with £4.7bn of contract wins/renewals (FY25: £4.8bn). On track for FY26...