Company News
Aldermore profit up 34% as mortgage lending grows
Challenger bank Aldermore reported a 34% jump in full-year pre-tax profit as mortgage lending grew.
Vesuvius revenue flows following cost-cutting programme
Vesuvius reported a rise in revenue as it benefited from weak sterling while the molten metal flow engineer embarked on a restructuring programme to cut costs in 2016.
GVC agrees €320m secured term, revolving facility
Sports betting and gaming group GVC said it had signed a €320m (£274m) senior secured term and revolving facility made up of a €250m term loan and a €70m revolving credit facility (RCF).
ConvaTec pleased with adjusted earnings performance
Medical technologies company ConvaTec posted its unaudited results for the 2016 calendar year on Thursday, with adjusted revenue growing 2. 3% to $1. 69bn, or 4% at constant exchange rates.
Travis Perkins feels the chill as plumbing, heating hit FY profits
A poor return from heating and plumbing at builder supplier Travis Perkins led to a 67. 4% dive in full year pre-tax profits.
Hastings reports 5% rise in FY operating profit
Hastings Group reported a rise in full-year operating profit as gross written premiums grew.
Informa to buy Yachting Promotions for £106m
Informa has agreed to buy Yachting Promotions Inc, the operator of some of the largest yachting and boat shows in the US, for £106m, from Active Interest Media.