Company News
Premier Foods maintains guidance as revenue slips
Mr Kipling and Bisto owner Premier Foods reported a drop in third-quarter revenue on Thursday amid logistics problems, but backed its expectations for the full year.
Funding Circle grows revenues 50% in first year
Funding Circle enjoyed a strong finish to 2018, with revenues topping guidance from the peer-to-peer business lender's initial public offer in October.
Whitbread begins £0.5bn share buyback as outlook clouds
Whitbread confirmed that profits are likely to remain flat for the next year but said it will begin buying back £500m worth of shares after completing the sale of Costa Coffee earlier than expected.
Serabi Gold ends year on high with record quarterly production
Brazil-focussed gold mining and development company Serabi Gold released the results and a review of its fourth quarter operational and exploration activities in the Tapajos region of Para State in northern Brazil on Thursday, reporting fourth quarter gold production of 10,256 ounces of gold.
Beazley appoints Sally Lake as new group finance director
Beazley has appointed Sally Lake as its new group finance director, replacing Martin Bride when he steps down in May.
Iofina sees record production numbers in 2018
Iodine and halogen-based specialty chemical producer Iofina updated the market on an “exceptional year” for the company on Thursday, in which it produced record volumes of crystalline iodine and executed on its commitment to growth and increased profitability.
AFC Energy shows off hydrogen fuel-cell vehicle charging tech
Alkaline fuel cell power company AFC Energy announced the successful demonstration of ‘CH2ARGE’ on Thursday, which it described as the “world's first” electric vehicle charger based on hydrogen fuel-cell technology.
RWS snaps up Alpha Translations in $6m deal
Intellectual property support services provider RWS Holdings announced the acquisition of legal and financial translations company Alpha Translations Canada for a cash consideration of $6. 0m on Thursday.
Marsh & McLennan elevates Martine Ferland to chief of Mercer
Risk and strategy specialist Marsh & McLennan Companies announced key leadership changes on Thursday, in a bid to further its growth strategy.
SSP Q1 revenues take off on back of contract gains
Travel food outlet operator SSP said first quarter group revenue increased by 7. 6% on a constant currency basis as contract gains contributed 3. 8%.
Focus on convenience assets leads performance at NewRiver
NewRiver REIT updated the market on its third quarter on Thursday, reporting that its “active approach” was delivering “resilient performance” from its convenience-led community assets.
Ibstock sees full-year earnings in line
Brick and concrete products manufacturer Ibstock said on Thursday that adjusted earnings for the year are set to be in line with expectations as it has continued to trade as anticipated.
Experian posts Q3 revenue growth, backs guidance
Credit-checking firm Experian posted a jump in third-quarter revenue on Thursday with particularly strong growth in North America, as it backed its full-year guidance.
Diversification strategy a winner for Tritax Big Box
Tritax Big Box updated the market on its trading ahead of its results for the year ended 31 December on Thursday, reporting that its portfolio of 54 ‘big box’ assets and 114 acres of prime London distribution development land was independently valued at £3. 42bn as at year-end, including all forward funded development commitments.
Strong online growth drives GVC Holdings in fourth quarter
Sports betting and gaming group GVC Holdings issued a post close trading update for the year ended 31 December on Thursday, reporting that following a strong final quarter, it expected full year 2018 proforma underlying EBITDA to fall between £750m and £755m, ahead of current market consensus.