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Learning Technologies beats earnings expectations for 2019
Digital learning and talent management technology provider Learning Technologies Group updated the market on its trading for 2019 on Tuesday, saying it was expecting group revenues to be up around 38% to £130m.
Focus on strategy sees Dotdigital through first half
Marketing automation and customer engagement software-as-a-service (SaaS) provider Dotdigital Group updated the market on its first half on Tuesday, reporting a 15% improvement in organic revenue from continuing operations to £23. 1m, driven primarily by “strong direct sales” to new and existing customers.
Eve Sleep breaks even in Q4 for first time
Mattress maker Eve Sleep said on Tuesday that it had broken even at the operating level in the fourth quarter for the first time.
Mears ends year well as it exits domiciliary care operations
Housing sector support services provider Mears Group updated the market on the year ended 31 December on Tuesday, reporting that it is at “an advanced stage” in the sale and exit from its standalone domiciliary care operations.
London open: Stocks fall on downbeat Asian cues; Burberry under pressure
London stocks fell in early trade on Tuesday, taking their cue from a downbeat Asian session amid worries about coronavirus and after Moody’s downgraded Hong Kong’s credit rating, as investors eyed the release of key UK jobs data.
SSP reports solid start to new financial year
Travel food and beverage operator SSP updated the market on its first quarter of trading on Wednesday, reporting a “good start” to the new financial year, with further encouraging progress on its strategic initiatives and unchanged profit expectations for the full year.
IntegraFin reports best Q1 inflows
Financial investment platform operator IntegraFin Holdings reported a 4% rise in funds under direction (FUD) for the quarter to December 31.
Cairn Energy 2019 production at top end of guidance
Cairn Energy said on Tuesday that 2019 production came in at the upper end of guidance.
Easyjet sees higher revenues on strong start to 2020
EasyJet on Tuesday forecast a rise in first half revenue per seat to rise by “mid to high single digits”after a strong start to 2020 and lower capacity levels from competitors.
IG Group interim profit declines but medium-term targets reiterated
Online trading platform IG Group reiterated its medium-term financial targets on Tuesday as it posted a drop in interim trading revenue and profit and announced the departure of its chief financial officer.
TalkTalk to offload fibre assets in £200m deal
TalkTalk Telecom Group has agreed to sell its fibre assets, being FibreNation and its shareholding in Bolt Pro Tem, to CityFibre for £200m in cash, it announced on Tuesday, conditional on shareholder approval.
Brian Gilvary to step down as BP finance chief
BP announced on Tuesday that its chief financial officer Brian Gilvary has decided to retire from the company and step down from its board on 30 June, having had a 34-year career with the company, including more than eight years as CFO.
BHP maintains guidance for iron ore and coal, BP CFO Gilvary to step down
London open The FTSE 100 is expected to open 34 points lower on Tuesday, having closed down 0. 3% at 7,651. 44 on Monday.
London pre-open: Stocks seen lower as Asian markets slide; UK jobs data eyed
London stocks were set to fall at the open on Tuesday, taking their cue from a weak session in Asia, where sentiment was hit by worries about coronavirus and Moody’s downgrade of Hong Kong’s credit rating.
BHP holds iron ore, thermal coal forecasts despite Australian fires
BHP maintained full year guidance for iron ore and thermal coal, despite the impact of the Australian bushfires on its coal operations.
Tuesday newspaper round-up: Financial wellbeing programme, Itsu, Arriva,
The government is promising to turn Britain into a nation of savers by 2030 and cut the number of households relying on credit cards for day-to-day spending by launching an ambitious financial wellbeing programme. In an alarming summary of the state of Britain’s household finances, the Money and Pensions Service (MaPS), a government agency, said 11. 5 million people have less than £100 in savings to fall back on, while nine million said they often use credit cards and payday loans to meet essential weekly food and energy bills.