UK's Capital gains after lifting annual revenue forecast
20/08/2026 11:16
BUZZ-UK's Capital gains after lifting annual revenue forecast ** Shares of mining services company Capital CAPD.L up 8.3% at 116.5 pence
** Stock on track for its biggest one-day gain since October 2025
** Co raises 2026 revenue guidance for 2026 to between $430 million and $450 million from $410 million to $440 million, citing new contracts and strong demand
** Peel Hunt says ongoing contract wins underpin the higher revenue forecast, though the related profit uplift is likely to come through in 2027 due to contract start-up costs
** YTD, stock is up ~3%
(Reporting by Neeshita Beura in Bengaluru)