Company News
Somero bags 'record' results after North America success
Somero Enterprises rewarded shareholders with a 23% increase in its total dividend as sales in North America accelerated to boost the concrete installation technology specialist's profits and revenues.
Innogy pays price for turbulent year as earnings are blown off course
Low winds across Europe buffeted profits at Innogy last year, as the German owner of Npower warned that earnings in the current year would be "significantly" lower.
Lookers profits drop as new car sales decline
Profits at car dealership group Lookers fell in 2018 as new car sales declined, but the company said it had a good start to 2019.
Charles Taylor pleased with performance as works on growth strategy
Charles Taylor reported a 25% surge in its revenues in its unaudited results for year ended 31 December on Wednesday, to £263. 6m.
Buoyant Asian market helps lift profits at Prudential
Prudential thanked its Asian business for a jump in annual profits on Wednesday, as the blue chip insurer updated investors on plans to spin off its UK savings and investment arm.
Dignity earnings tumble as it implements turnaround plan
Funeral services provider Dignity announced its preliminary results for the 52 weeks ended 28 December on Wednesday, reporting a 3% fall in revenue to £315. 6m.
Stobart Group upbeat on aviation performance
Aviation, energy and civil engineering company Stobart Group issued its pre-close trading statement and capital review update on Wednesday, reporting that it had continued to make “strong” commercial progress in its core aviation and energy operating divisions, and was trading in line with management expectations.
Balfour Beatty profits rise as order book grows, divi hiked
FTSE 250 construction company Balfour Beatty reported a 10% jump in annual profit on Wednesday as the order book grew and the Build to Last programme bore fruit.
Manx Telecom leaps on Basalt's £255m takeover bid
Manx Telecom's shares climbed on Wednesday after the company announced it has reached an agreement for a £255m takeover, while the business also reported a jump in annual revenue.
Hikma Pharma profits jab higher
Hikma Pharmaceuticals grew 2018 sales and profits much more than it had expected at the start of last year, but final numbers and guidance for 2019 from the speciality and generic drug maker were both a little short of upgraded market forecasts.
Standard Life Aberdeen abandons co-CEO set-up; annual profit dips
Asset manager Standard Life Aberdeen posted a 1. 5% dip in full-year pre-tax profit on Wednesday as revenue declined and the company said it has abandoned its co-chief executive set-up, with Martin Gilbert stepping down to leave Keith Skeoch in charge.
Avast CEO Steckler to retire in June
Vince Steckler will retire as chief executive of Avast later this year, the cybersecurity specialist announced alongside a solid set of full-year results.
3i Infrastructure acquiring Joulz Diensten in EUR 220m deal
3i Infrastructure has agreed to invest €220m to acquire 100% of Dutch energy infrastructure equipment and services provider Joulz Diensten, it announced on Wednesday.
Dixons Carphone fined £29m for insurance mis-selling
The Financial Conduct Authority has fined Dixons Carphone more than £29m for insurance mis-selling.
Morrisons declares special dividend as further growth spied
Wm Morrison Supermarkets declared a 4p special dividend to celebrate a third consecutive year of strong sales and profit growth.