2438: £25m Contract, New Audit Chair - Is Shearwater Entering a New Phase?

Episode notes

Watch on YouTube Shearwater Group #SWG has announced a five-year, circa £25 million contract expansion with a global telecoms customer, materially improving revenue visibility and supporting FY26 expectations. This morning’s appointment of Jonathan Entract as Independent Non-Executive Director and Audit Committee Chair adds a governance and capital allocation angle, with investors likely to focus on cash conversion, margin quality and whether the Group is now better positioned for its next phase of growth.

• 2437: Fortuna Metals; the next major Malawi rutile project?57 / 100
• 2440: 2 P's on a Pod: Profit Warnings, Takeovers & UK Small Caps
• 2439: Rome Resources - world class grades from Kalayi
• 2436: ECR could have four gold mines in production next year
• 2434: Metals One's financials show 2025 as transformational