Tariff impact | Well-placed | Big contract
News covered here includes our assessment of the latest update from a company well-placed to benefit from increased spending on defence. We consider whether all the good news is already baked into the current valuation or if there is more upside for investors. Elsewhere, US tariffs have impacted trading conditions for one business supplying technology products into the casino sector while a veterinary group appears to be addressing the concerns of an activist investor. Read on here for more on this and our usual forthright views on news from other small caps.
Nexteq: tariff impact hits the shares
Nexteq (AIM: NXQ), a technology solutions provider to customers in industrial markets, has announced that global geopolitical uncertainty is impacting its customer’s confidence.
In the Group's Quixant division, which serves the land-based gaming market (notably casinos), trading conditions have been impacted indirectly by US tariffs, and directly by higher costs for critical memory and storage components, which have increased their customers' prices to end markets. The Board…
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