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Science in Sport's financial position remains 'robust' despite slump in retail sales
Performance nutrition company Science in Sport said on Thursday that its financial position remained "robust" despite a recent slump in retail sales.
Anpario flags 'strong' first half performance
Animal health additives company Anpario said it had delivered a “strong” sales performance and an improvement in its profit margins in the first half on Thursday, as a number of customers increased their stock levels, and previous business development initiatives came to fruition.
Washington claims Huawei and Hikvision backed by Chinese military
The Trump administration determined that top Chinese firms, including Huawei Technologies and Hikvision are owned or controlled by the Chinese military forces, reported Reuters on Thursday.
Sumo Group performing in line amid Covid boost for gaming
Sumo Group updated the market on its trading on Thursday, saying it had continued to perform well since its final results announcement in April, trading “comfortably in line” with market expectations.
Sealand to help brands sell into China via TikTok
Sealand Capital's shares more than quadrupled after the early-stage investor announced a joint venture with China's Tenet for foreign merchants to sell into China via TikTok and other short video platforms.
Auto Trader scraps dividend as platform visits rise after reopenings
Auto Trader scrapped its final dividend as it said cross platform visits had risen 28% year on year in the first three weeks of June as coronavirus lockdowns eased.
Lufthansa shares soar as major investor backs €9bn bailout
Shares in German flag carrier Lufthansa soared on Thursday after major shareholder Heinz Hermann Thiele said he would back a €9bn government bailout for the airline, which has been hammered by the coronavirus pandemic.
Mitie launches £201m rights issue and buys Interserve business
Mitie Group launched a £201m rights issue as the outsourcing company announced higher annual profit and the £271m acquisition of Interserve's support services business.
Qinetiq disposes of Boldon James
Science and engineering group Qinetiq agreed to dispose of software company Boldon James on Thursday.
Capita H1 revenue set to decline 10%
Capita warned on Thursday that first-half revenue will be around 10% lower than last year, partly due to the Covid-19 pandemic.
Rightmove valuation does not reflect risks, says Berenberg
Berenberg downgraded its rating on shares of property portal Rightmove to ‘sell’ from ‘hold’ on Thursday and cut the price target to 385p from 400p as it argued that the current valuation does not reflect the risks.
Victoria exceeds expectations in all geographies
Flooring manufacturer Victoria said on Thursday that trading has "exceeded management expectations" in every geography following the re-start of operations.
Europe open: Travel and leisure stocks pace losses amid risks of second Covid-19 wave
Stocks on the Continent remain under pressure due to the threat that rising Covid-19 infections in multiple US states might slow the reopening of their economies.
N Brown full-year profits fall amid restructuring
Ladies fashion retailer N Brown posted a drop in annual profit and revenue on Thursday following a year of restructuring, but said trading has started to improve following the significant deterioration seen in March as the Covid-19 lockdown was imposed.
Next 15 still expecting modest growth despite Covid crisis
Next Fifteen Communications Group updated the market on its trading on Thursday, reporting that despite the impact of Covid-19 on the marketing industry, it expected to deliver modest growth for the first half of the financial year at both the revenue and profit levels.
Savills to be profitable in 2020 despite Covid-19 impact
Savills said it expected to be profitable in 2020 despite the impact of Covid-19 on global property markets and that its debt had fallen.
Sigma Capital reports progress in post-lockdown environment
Private rented sector, residential development and urban regeneration company Sigma Capital confirmed on Thursday that construction activity had now restarted, having been suspended in March amid the Covid-19 lockdown.
EasyJet raises £419m to guard against more disruption
EasyJet has raised £419m from investors to strengthen its balance sheet against the potential costs of further disruption from Covid-19.
Cora Gold reports positive results from Sanankoro sampling
West Africa-focussed gold company Cora Gold reported positive results from the bulk sample programme it completed in conjunction with Hummingbird Resources on Thursday.
London open: Stocks fall again amid worries about surge in US Covid cases
London stocks fell again in early trade on Thursday following heavy losses in the previous session, amid growing concerns about a rise in new coronavirus infections in the US.