Company News
Gama Aviation acquires new business as part of $10m US expansion
Gama Aviation on Thursday purchased a paint and interior completion business currently operated by Lotus Aviation Group at Fort Lauderdale Executive Airport.
Friday preview: UK industrial production, US CPI in the spotlight
The focus at the end of the week will shift back towards the United Kingdom, with a slew of economic data set for release.
Acacia Mining hit with fine from Environmental Protection Order over alleged breaches
African focussed gold miner Acacia Mining has received an Environmental Protection Order requesting payment of a TZS 300m (£102,300) fine stemming from alleged breaches of environmental regulations in Tanzania.
StatPro wins £1.45m contract for flagship software product
StatPro Group on Thursday secured a five-year contract with a UK investment manager with a minimum contract value of £1. 45m and a significant uplift in annual value.
Personal Group warns of future impact to trading from Brexit
Employee services outfit Personal Group expects full-year results to be broadly in line with City expectations but warned that tough market conditions as a result of uncertainties surrounding the UK's withdrawal from the EU would likely hamper growth moving forward.
Rolls-Royce warns of production halt in no-deal Brexit scenario
Rolls-Royce Motor Cars has warned parliament to avoid a disorderly Brexit or it could mean lack of necessary materials and risk a halt in is production in its factory in southern England.
Castleton Technology buys Deeplake Digital for £1.8m
Software and manged services provider Castleton Technology has agreed to buy Deeplake Digital for £1. 8m in cash.
Robert Walters enjoys record Q4 as Asia Pacific, Europe perform well
Recruiter Robert Walters said on Thursday that it enjoyed a record fourth quarter thanks to a strong performance in Asia Pacific and Europe, which now account for 66% of global net fee income.
Scisys wins €2.8m European Space Agency contract
Scisys Group’s German business on Thursday won a contract with the European Space Agency for monitoring and control (M&C) system tailoring services for the European Space Agency Tracking Network (EStrack).
Positive results from FLU-v study welcomed by hVIVO
Clinical development services company hVIVO announced positive results for the primary endpoint, following completion of analysis of samples by NIAID, and additional results from the Phase IIb viral challenge study of FLU-v.
Belvoir Lettings exceeds Assisted Acquisitions target for 2018
Belvoir Lettings exceeded its 2018 target for ‘Assisted Acquisitions’ by its franchisees, it announced on Thursday, which it said was a core part of its growth strategy.
Continuing revenue improves comfortably for McBride
Household, cleaning and hygiene products contract manufacturer McBride updated the market on its trading for the six months ended 31 December on Thursday, reporting that its first half continuing revenues at constant currency were 10. 8% higher than the prior year.
Mitchells & Butlers customers go down the pub at Christmas
Pub operator Mitchells & Butlers reported a strong Christmas as it welcomed record levels of festive feasting from customers looking to escape their own kitchens or in-laws.
DFS posts sales growth but cautious about outlook
Furniture retailer DFS posted strong growth in underlying sales for the five months to 30 December on Thursday but said it was mindful of near-term political and economic uncertainty, as it announced the departure of chief financial officer Nicola Bancroft.
GAN and Paddy Power Betfair expand US collaboration
Gambling software provider GAN has signed an extension to its long-standing partnership with Paddy Power Betfair in the US.
Proactis appoints Tim Sykes as new chief executive
eCommerce solutions provider Proactis appointed Tim Sykes as chief executive with immediate effect on Thursday, taking over from Hamp Wall who has stepped down from the board altogether.
Quartix announces supplementary dividend following solid performance
Vehicle tracking specialist Quartix expects full-year revenues, profits and free cash-flow to be in line with forecasts after a solid performance from its core fleet business in the USA and France.
IndigoVision expects significant reduction in losses following strong sales
Edinburgh-based video surveillance outfit IndigoVision anticipates a significant reduction in losses after the group witnessed sales move ahead in its last financial year.
Jaguar Land Rover to lay off up to 5,000 workers
Jaguar Land Rover unveiled a cost savings plan on Thursday that will see cuts of up to 5,000 jobs in the UK.
Bank of Georgia appoints former CFO as new leader
Bank of Georgia confirmed the appointment of former chief financial officer Archil Gachechiladze as chief executive of the group and of JSC Bank of Georgia on Thursday.