Daily FNArena News - Small Caps

HRL Holdings has emerged from the depths of the lockdown relatively unscathed but the uncertain economic outlook is likely to weigh on FY21.

Integral Diagnostics is increasingly confident business is returning to normal, making its second acquisition in New Zealand.

Demand for the building & restoration services of Johns Lyng has skyrocketed after a series of catastrophic events, suggesting the company will withstand any pandemic-related setbacks.

The strong market position of Freedom Foods’ brands should underpin the business going forward despite the short-term hit to profitability caused by the pandemic.

Experience Co is seeking ways to capitalise more on the re-opening of the domestic tourism market, while remaining confident it can emerge from the crisis without further need for funding.

Select Harvests has withstood a low almond price during the first half although brokers expect a recovery into FY21 is more than likely.

City Chic Collective has highlighted the strength of its online apparel business which has enabled profitable trading during the period of store closures.

A surge in charter work has enabled Alliance Aviation to guide for a profit that is well ahead of previous broker forecasts.

The ramp up of Roma North and Atlas continues apace, with Senex Energy primed for a strong year ahead despite the slump in the oil price.

Audinate is expected to withstand the current downturn, given its market share, but revenue could be challenged in the short term.