Small caps round-up: AEA Tech, Orchid, Accsys Tech...

Companies featured in this round-up: AEA Technology, Orhid, Accsys Technologies, TXO

Bombed-out stock AEA Technology said trading since the beginning of October 2011 has been more or less in line with expectations, which will come as a relief to shareholders after a November profit warning led to the exit of the Chief Executive Officer.

The energy and sustainability consultancy said that the new management team at its troublesome US subsidiary PPC is now in place and focusing on improving the unit's performance. Meanwhile, performances at ERG, the firm's Boston based business, and AEA Europe have remained broadly in line with expectations in the second half of the group's financial year. Both ERG and AEA Europe have continued to win new business as expected with further orders won from both UK and US government departments. Shares rose 11.11% to 0.35p.

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