Company News
Scancell Holdings granted European patent for Moditope
AIM-quoted immunotherapies developer Scancell Holdings has been granted a European patent for its Moditope platform by the European Patent Office.
Babcock sees further growth as it reports record profit
Babcock International said it was positioned for further growth as the defence contractor posted record annual profit.
Riverstone swings to loss following Centennial loan repayment
FTSE 250-listed investment company Riverstone Energy turned in a "strong start" to the year, achieving $103m of realisations in the first three months of its trading year, strengthening its capital position despite swinging to a loss.
Arsenal appoint former PSG coach Emery to succeed Wenger
Unai Emery was officially confirmed on Wednesday as the “unanimous” choice to succeed Arsene Wenger as manager of Arsenal football club.
HICL Infrastructure 'resilient' as Carillion collapse hits earnings
HICL Infrastructure Company issued its preliminary annual results for the year ended 31 March on Wednesday, calling them a “resilient set of results”, with its net asset value per share rising marginally to 149. 6p at year-end, from 149. 0p 12 months earlier.
Bakkavor sales growth slows but full-year targets unchanged
Prepared food producer Bakkavor Group said it expected slower sales in the first four and a half months of the year to reverse as market conditions improve and new business rolls in later in the year.
Regulator clampdown to dent IG revenue by 10%
FTSE 250 spreadbetter IG Group said on Wednesday that it has continued to perform well in the final quarter of this year, but that revenue in FY19 will be lower due to the impact of regulatory changes in the UK and EU.
Hilton Food delivers beefy progress report
Meat packing business Hilton Food Group has traded in line with board expectations so far this year, continuing to grow the business through beefed-up volumes and close co-operation with its retail partners.
Wood Group wins big contract with TEVA in Germany
John Wood Group has been awarded a multi-million dollar contract by TEVA Biotech to provide engineering, procurement, construction management, commissioning and qualification for a new biotechnological facility to be built in Ulm, Germany, it announced on Wednesday.
Polypipe confident as market looks flat
Plastic piping and ventilation systems manufacturer Polypipe Group updated the market on its trading on Tuesday, as investors gathered for its annual general meeting, with the board saying it remained “confident” of delivering its full-year 2018 expectations.
Bovis Homes talks up focus on cost optimisation
Bovis Homes Group investors were told of how total sales for the year were in line with the board’s expectations at its annual general meeting on Wednesday, with pricing said to be “strong”.
M&S annual profit falls as food margins are squeezed
Marks & Spencer’s annual profit fell 5. 4% as margins at the retailer’s food business were squeezed by the rising cost of ingredients.
Best of the Best collects on £4.5m claim
AIM-quoted competitions organiser Best of the Best has received £4. 5m from Her Majesty's Revenue and Customs as a result of a 2016 decision by the Supreme Court in favour of online gambling and entertainment business Sportech.
Supreme Court ruling allows Nektan to capitalise on US sports gambling
Nektan announced on Wednesday that it has entered a partnership with sports betting supplier Metric Gaming in the wake of the US Supreme Court’s decision to allow the legalisation of sports gambling.
Softcat sees full year ahead of expectations
IT infrastructure products provider Softcat said on Wednesday that it expects to deliver full-year results ahead of expectations after a solid third quarter.
Assura chairman calls on government to invest in primary care
Assura’s chairman used his last set of results to call on the government to invest in primary healthcare to take the strain off the NHS as the healthcare property company reported rising annual earnings.
Dairy Crest raises £70m for cheese expansion as butter weighs on profits
Dairy Crest is raising almost £70m to increase production of its market-leading cheddar amid strong worldwide demand for cheese, after annual profits growth was held back due to rising cost inflation in the butters market.
Rio Tinto confirms talks over sale of Grasberg mine in Indonesia
Rio Tinto confirmed on Wednesday that it is in discussions to sell its entire interest in the Grasberg copper mine in Indonesia to Inalum.
Great Portland confident amid future economic uncertainty
Great Portland Estates issued its results for the year ended 31 March on Wednesday, reporting 2. 9% valuation growth of 2. 9%, driven by strong development performance.
ZPG first-half earnings up 41% ahead of takeover
Zoopla, USwitch and PrimeLocation owner ZPG, which recently agreed to a £2. 2bn takeover by US private equity firm Silver Lake, reported a 41% rise in adjusted first-half earnings on Wednesday.