Company News
Glenveagh Properties finalises acquisition of 11 new sites
Residential developer Glenveagh Properties has completed the acquisition of 11 new development sites around the country.
Video: Keywords Studios capital markets event November 2017
Keywords Studios, the supplier of technical services to the video games industry, held a capital markets event this week to brief the increasing number of analysts and investors that are attracted to its niche fast-growth story.
Losses widen for Galantas Gold as Omagh mine edges toward production
Galantas Gold recorded an increased net loss as it increased activity at its Northern Irish asset led to increased production costs.
Redefine International ups stake in International Hotel Properties
Redefine International has bought the remaining stake in UK-focused hotels outfit International Hotel Properties from parent company Redefine Properties Limited in a cash and shares deal.
High street sales fall for fifth week out of six
Retail sales on the high street fell for the fifth week out of six, a survey from BDO showed on Friday, showing the sharp slip from boom to decline in the sector over the course of a year due to the squeeze on households incomes.
Cheap Dutch gas sees Parkmead swing to profit
UK and Netherlands-focussed independent energy group Parkmead posted its preliminary results for the year to 30 June on Friday, reporting gross profit of £1. 2m for the period, swinging from a £4. 6m loss in the 2016 financial year.
Frontera Resources expects $2.03m from arbitration award in Q1 2018
Europe-focused independent oil and gas exploration and production company Frontera Resources announced the completion of enforcement proceedings concerning an arbitration award, which would net the company $2. 03m, the total amount due.
Nationwide cautious after mortgage slowdown drags on profits
Nationwide cautioned investors about rocky trading conditions in the UK mortgage market, as decreased one-off gains from its home loan division led to a 10% decline in profits for the six months ending on 30 September.
Angus begins production at Lidsey, though flow disappoints
Conventional oil and gas production and development company Angus Energy has commenced production at Lidsey Oil Field from the Lidsey-X2 well, it announced on Friday.
Carillion tumbles as it warns on profits again, says it will breach covenants
Carillion warned on Friday that full-year profits will be “materially lower” than current market expectations and that it now expects to breach its covenants.
NextEnergy's NAV flat in first half
Solar energy business NextEnergy reported a broadly flat net asset value (NAV) for the six months leading to 30 September as falling power prices were offset by reductions in discount rates, valuation increases in new assets and the firm's overall operating performance.
Steppe Cement completes repayment of bonds
Kazakhstan-based, leading construction materials producer Steppe Cement has completed the repayment of bonds issued on 21 November 2012 for 1. 5bn Kazakh Tenge, the firm announced on Friday.
TClarke increasingly optimistic on prospects for specialist building services
Building services group TClarke has held onto its optimism throughout 2017 about its prospects for the year after an encouraging third quarter in which it helped complete the new London headquarters for both Bloomberg and Facebook.
Ferrexpo secures $195m revolving credit facility
Ferrexpo has signed a new secured three year revolving credit facility of $195m that will be used for general corporate purposes.
Rentokil Initial agrees to EUR 400m bond
Rentokil Initial has agreed the issue of a €400m 0. 95% bond, it announced on Friday, due 22 November 2024.
Kier keeps on track for double-digit growth
Construction and maintenance group Kier made a smooth start to the year and said it is confident of delivering double-digit profit growth, with even stronger visibility on revenues.