Full List Of Stories
Novacyt appoints David Allmond as new chief executive
Clinical diagnostics specialist Novacyt announced the appointment of David Allmond as its new chief executive officer and a member of its board on Thursday, effective from 18 October.
Randall & Quilter reports good gross premiums growth
Non-life specialty insurance company Randall & Quilter updated the market on its accredited programme management performance for the first six months of the year on Thursday, reporting 80% growth in gross written premiums to $445m.
GB Group makes 'good start' to new year
Identity data specialist GB Group said on Thursday that, in line with its expectations, it had made a “good start” to the new financial year.
Mortgage Advice Bureau revenues expand in first half
Mortgage Advice Bureau said in a trading update on Thursday that it achieved revenue of about £91m for the six months ended 30 June, representing a 43% increase over the first half of 2020, which was “heavily affected” by the Covid-19 pandemic, and a 49% increase compared to the first six months of 2019.
Marlowe acquires Barbour EHS from Informa
Business software and services company Marlowe has acquired Barbour Environment, Health and Safety from Informa, it announced on Thursday, for a net cash consideration of £32m.
Airbus upgrades guidance after flying higher in first half
Airbus reported a 30% rise in revenue for its first half on Thursday, to €24. 6bn (£20. 94bn), which it put down to a higher number of commercial aircraft deliveries compared to the first six months of 2020.
Asia report: Markets rise as China regulatory fears ease
Stock markets in Asia bounced from their losses earlier in the week on Thursday, with Hong Kong’s bourse advancing more than 3%, as reports out of China around foreign listing rules helped to quell regulatory fears for the technology sector there.
De La Rue 'on track' for second year of turnaround plan
De La Rue said on Thursday that its expectations for the current 2022 financial year remained unchanged, with the company “on track” to deliver the second year of its turnaround plan.
Equiniti revenue slides after shareholder approve takeover
Financial and administration outsourcing company Equiniti reported an 11. 9% fall in revenue in its first half on Thursday, to £214m, with its performance impacted by ongoing disruption to capital markets and the wider economy.
Greencoat UK Wind announces dividend as gearing remains 'conservative'
Greencoat UK Wind reported 1,476GWh of zero-carbon electricity generation in its first half on Thursday, with net cash generation from the group and wind farm special purpose vehicles coming in at £103. 6m.
Morgan Advanced Materials profits rise amid 'broad-based' growth
Morgan Advanced Materials reported organic constant-currency revenue growth of 4. 2% in its first half on Thursday, to £461. 2m, with “broad-based growth” across its healthcare, semiconductor, energy and industrial segments, while on a reported basis, revenue was down 3. 5% year-on-year.
Airtel growth continues amid third wave of pandemic in Africa
Airtel Africa reported revenue growth of 30. 7% in its first quarter on Thursday, to $1. 11bn (£0. 8bn), with constant currency growth coming in at 33. 1%.
Bodycote raises guidance after strong first half
Heat treatment, metal and coatings company Bodycote reported a 5. 9% improvement in revenues at constant currency in its first half on Thursday, to £312. 9m, with growth coming in at 2% at actual exchange rates.
Elementis upbeat on outlook after first half growth
Speciality chemicals and personal care company Elementis reported a “strong” financial performance improvement in its first half on Thursday, with profit before tax up 165%.
Indivior launches share buyback after strong first half
Speciality pharmaceuticals company Indivior reiterated its upgraded guidance for 2021 on Thursday, and announced the start of a $100m (£71. 71m) share buyback programme, as its first-half net revenue rose to $381m from $303m year-on-year.
Intermediate Capital makes strong progress in first quarter
Intermediate Capital Group reported a 10% increase in third-party assets under management over its first quarter on Thursday, to $61. 5bn (£44. 09bn), or 27% over the 12 months ended 30 June.
Segro pre-tax profit rises as development pipeline expands
Property investor Segro reported a 19% improvement in adjusted pre-tax profit in its first half on Thursday, to £168m, while adjusted earnings per share totalled 13. 8p, which was 10% higher than the prior year.
Relx revenue, earnings rise comfortably in first half
Information and analytics company Relx reported first-half revenue of £3. 39bn on Thursday, down from £3. 5bn year-on-year, although constant currency growth came in at 4%.
Sage turns in strong third quarter performance
Software company Sage said on Thursday that it had performed “strongly” in the first nine months of the year, as momentum continued to strengthen.
Crude steel output 'almost flat' in second quarter at Evraz
Evraz updated the market on its trading in the second quarter on Thursday, reporting that its consolidated crude steel output remained “almost flat” quarter-on-quarter.