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Mulberry expects 'small' FY underlying pre-tax profit following 'strong' growth in Asian markets
British luxury brand Mulberry Group said on Wednesday that it now expects to outperform expectations and report a "small underlying profit" before tax for the trading year ended 27 March.
888 Holdings revenues up on casino, sports markets
Gambling firm 888 Holdings reported a better-than-expected 56% increase in first quarter revenues driven by its casino and sports betting markets.
Equiniti warms to increased £660m takeover approach
Equiniti said it was likely to accept a takeover approach from Siris Capital valuing the company at about £660m after the private equity group increased its proposed offer.
London open: Stocks slightly higher ahead of Fed decision
Stocks are modestly higher in early trading even as investors wait on the US central bank's policy announcement later in the day.
Lloyds Q1 profits rise as CEO Horta-Osorio departs
Britain’s Lloyds Bank reported better than expected first quarter profits after releasing £459m set aside for potential Covid-related bad loans, reflecting an improved economic outlook, in the last set of results for outgoing chief executive António Horta-Osório.
Network International trades in line with prior year during Q1
Digital commerce enabler Network International said on Wednesday that overall trading during the first quarter was in line with expectations, against a comparative period in the prior year that was "significantly less impacted" by the Covid-19 pandemic.
BAT confident after good start to 2021
British American Tobacco said it was confident about hitting its 2021 targets after a good start to the year for the cigarette and smoking alternatives company.
CLS completes £61.7m new loan with Scottish Widows
CLS has completed a £61. 7m loan with Scottish Widows, secured on a portfolio of five UK office properties, it announced on Wednesday.
Europe open: Shares subdued despite solid regional bank earnings
European stocks struggled for direction at the opening on Wednesday with strong results from Deutsche Bank, Lloyds Banking Group and Santander boosting local markets.
Spirent reports good first quarter order intake growth
Technology testing, analytics and assurance provider Spirent Communications said the year had started well on Wednesday, with organic order intake growth of 6% in the first quarter, or 8% order growth including its recent acquisition of octoScope.
Telecom Plus ends year in line with guidance
Utility retailer Telecom Plus said on Wednesday that revenues and profits for the financial year just ended were expected to be in line with its guidance.
Renishaw YTD pre-tax profits surge
Healthcare technology group Renishaw said on Wednesday that adjusted pre-tax profits had surged in the nine months to 31 March, with revenues also ticking up slightly during the period.
FDM trades 'comfortably in line' in first quarter
IT services provider FDM Group said on Wednesday that it had traded “comfortably” in line with its expectations during the first quarter.
Persimmon YTD forward sales up 23%
Homebuilder Persimmon said on Wednesday that its year-to-date forward sales position had improved 23% year-on-year despite the impacts of the Covid-19 pandemic.
Grafton lifts guidance as revenues rise in March, April
UK and Ireland builders merchant and DIY retailer Grafton Group raised full year profit forecasts after better-than-expected revenues during March and April.
CRH sales rise in first quarter as demand remains 'strong'
CRH reported a “positive start” to the year on Wednesday, with first quarter like-for-like sales up 3%.
WPP reports strong start to 2021
WPP said it made a strong start to 2021 as all its business lines returned to growth and business activity began to pick up from the Covid-19 crisis.
Newly-rebranded Reckitt makes 'good start' in first quarter
Reckitt reported a “good start” to the year on Wednesday, with group like-for-like net revenue rising 4. 1% to £3. 51bn.
Sainsbury's holds dividend despite profit plunge
Sainsbury's annual profit fell 39% as rising food sales were outweighed by higher costs during the Covid-19 crisis but the company kept its annual dividend unchanged.
Fresnillo reports in-line Q1 trading, reiterates full-year guidance
Precious metals miner Fresnillo announced in-line first quarter production of gold and silver and reiterated its full-year guidance.