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The vacation resort company, American Leisure, said it does not expect to achieve the revenue and earnings over the next few months as originally envisaged.

The group said it has experienced some delays in securing debt to finance the construction of its units due to the change in the global credit market condition.

"The pace of construction to date has therefore been slower than originally anticipated. As a result, the board...does not expect to achieve the revenue and earnings over the next few months by when it was originally envisaged," it said.

"Nevertheless, the board does expect to achieve all of those delayed revenues originally projected," it added.

Flooring manufacturer James Halstead said first half results will not disappoint market expectations.

The group said most of its businesses, in the five months of the current financial year, are reporting sales growth at near double digit percentage, which is more than had been budgeted. Although continued raw material price increases are offsetting some of the good performance.

"Margins as a percentage of sales are consequently under pressure but importantly the gross margin as an absolute figure is well on track to ensure our targets for the current year are met," it added.

Engineering and environmental group Waterman said it continues to trade strongly in the current financial year. Invoicing in the first four months of the new financial year is up by over 35%, versus the same period last year.

"All sectors continue to perform well and a number of important new projects have been secured in the UK and overseas," it added.

Specialty drug developer Proximagen Neuroscience is on the slide after it confirmed that it is no longer engaged in any discussions likely to lead to a bid for the company.

It also signed a partnership agreement with Boehringer Ingelheim. The terms of the Agreement were not disclosed.

Immunoassay-based products supplier Omega Diagnostics saw pre-tax losses narrow to £132,000 from £335,000 in the same period last year. Revenue rose slightly to £1.14m form £1m before.

The group said in the last two months, it has received sales of around £800,000 and added that it is confident of prospects and the positive outlook for the remainder of the year.

Energy Asset Management said it will not achieve its monthly profit and cash projections previously advised for 2007.

The group said it has signed contracts while others are in advanced stages of negotiation, though it warned that such discussions are always protracted.

Central China Goldfields said assay results for the hole CH04 indicate the potential for elevated gold and base metals on the Dong Mao Huo near surface gold property.