Company News
DekelOil makes development progress as crude palm oil production falls
West Africa-focussed agricultural company DekelOil Public issued its production update for the 100%-owned vertically integrated Ayenouan palm oil project in Côte d'Ivoire for the year ended 31 December on Thursday, reporting full-year crude palm oil (CPO) production of 33,077 tonnes.
Tesco the Christmas star as value offer outshines rivals
Grocery sector market leader Tesco outshone its big four listed rivals over Christmas, with sales growth that exceeded the market and analysts' forecasts.
SigmaRoc strengthens focus on west and south west UK
Buy-and-build construction materials group SigmaRoc updated the market on two key developments in the continued roll-out of its growth strategy on Thursday.
Rurelec expecting payment progress after steam turbine overhaul
Rurelec announced on Thursday that it had been informed by the management of Energia del Sur, which owns and operates the 136 MW Southern Patagonian CCGT power plant in Argentina, that the major overhaul of the steam turbine had now been completed, and the combined cycle plant was now fully operational and available for dispatch.
MCH Group offloads Winkler Livecom in management buyout
MCH Group has sold its technical live communication service subsidiary Winkler Livecom AG in Wohlen to its management, and a private investor.
Diurnal awarded US patent for Chronocort product
Specialty pharmaceutical company Diurnal Group announced on Thursday that the US Patent and Trademark Office (USPTO) has granted a second US patent for its ‘Chronocort’ modified release hydrocortisone product.
SafeCharge sees record transaction volumes in 2018
Payments technology company SafeCharge updated the market on its trading for the year ended 31 December on Thursday, reporting that the “strong momentum” it announced in its last trading update on 28 November continued into December, with record revenues and transaction processing volumes in the fourth quarter.
Debenhams sales keep falling, but debt cut as bank talks start
Debenhams said it had cut debt and begun talks with lenders after a performance over the festive period that the troubled department store group said kept it on track for full year targets.
B&M European Value sales jump 12% in Q3
B&M European Value Retail posted a jump in third-quarter sales on Thursday as it hailed a "pleasing finish" to the quarter.
M&S Christmas total revenues fall 3.9%
Troubled high street retailer Marks & Spencer maintained full year guidance as third quarter group total revenue fell 3. 9% to £3. 04bn.
Premier Asset Management ups dividend though inflows stumble
Premier Asset Management Group’s shares climbed on Thursday after the company upped its quarterly dividend as net flows slowed but still remained positive.
Brighton Pier Group plummets as rail closures decimate profits
The Brighton Pier Group’s shares dived on Thursday after the company warned that full-year profits will not meet expectations after disappointing performances from the pier and bar divisions.
John Lewis staff bonus under threat despite positive Christmas update
Staff at John Lewis may not be getting their bonus this year, the retailer said on Thursday, as it continues to expect "substantially" lower full-year profit despite a decent Christmas performance.
I3 Energy plans multi-well drilling campaign for summer
Independent oil and gas company I3 Energy intends to kick off a multi-well drilling campaign across its Liberator field and Serenity prospect this summer.
Hilton Food performance underpinned by Seachill, Australia operations
Food packing business Hilton Food said on Thursday that it performed in line with expectations in the year to 30 December 2018, driven by Seachill and its Australian operations.
Primorus buys more Greatland shares following recent drilling results
Primorus Investments advised shareholders on Thursday that, as per its investment mandate, it now owned a total of 35 million shares in AIM-listed metals exploration company Greatland Gold, representing 1. 09% of the issued capital in Greatland at a weighted average price of 1. 71p per share.
Jupiter Fund Management reports £1.5bn outflows in Q4
Jupiter Fund Management reported £1. 5bn of net outflows in the last quarter of 2018 as weak markets led to £5bn fall in assets under management to £42. 7bn.
Speirs & Jeffrey helps lift year-end performance at Rathbone Brothers
Rathbone Brothers updated the market on its for the three months ended 31 December on Thursday, reporting that while the final quarter of 2018 reflected weaker investment markets, total year-end funds under management and administration benefitted from its recent acquisition of Speirs & Jeffrey.
Prudential and UOB extend and expand bancassurance alliance
Prudential, alongside United Overseas Bank, announced the renewal of their regional strategic bancassurance alliance on Thursday.
Halfords shares dive as it revises profit forecasts
Motoring and cycling product and service retailer Halfords Group updated the market on its trading performance for the 14 weeks ended 4 January on Thursday, reporting a 1. 7% fall in like-for-like group revenue.