Company News
Genel chairman Whyte to stand down, says outfit poised for organic growth
Genel Energy chairman Stephen Whyte announced plans to step down as he reported a successful start to 2019 for the oil producer.
Genus shares shoot higher on China collaboration
Shares in Genus surged on Thursday after the animal genetics company announced a strategic porcine collaboration in China, the world's largest pork market.
Keller Group confident despite weaker-than-expected performance
Geotechnical specialist contractor Keller Group updated the market on its trading on Thursday, reporting that its expectations for the full year remained unchanged, supported by “generally stable” market conditions.
Belvoir Lettings confident of meeting expectations after 'robust' Q1
Property franchise Belvoir Lettings told investors at its annual general meeting on Thursday that trading during the first quarter of its current financial year had been "robust".
Seeing Machines focuses on Fleet business to improve costs and cash flow
Computer vision technology company Seeing Machines provided a “comprehensive” update on its Fleet business on Thursday, explaining that the success of the business and its implementation of ‘Guardian 24/7’ monitoring services was fundamental to the firm.
IndigoVision trades in line, expects sales to be weighted to second half
Security systems designer IndigoVision told investors at its annual general meeting on Thursday that the group had traded in line with expectations during the first four months of the year.
Spire Healthcare pleased with 2019 performance
Spire Healthcare said it had made a good start to the year as the hospital group prepared for its annual meeting.
BBGI SICAV ups stake in Ohio River Bridges project
PPP infrastructure investment firm BBGI SICAV has acquired a further 33. 3% interest in the Ohio River Bridges - East End Crossing Project, taking its total ownership to 66. 6% of the project.
Grainger's interim profits improve as rental income grows
Residential landlord Grainger saw first-half profits improve on the back of increased rents and its acquisition of GRIP back in December.
Tritax Big Box secures permission for Symmetry Park distribution centre
Real estate investment trust Tritax Big Box has received planning permission for the development of a new distribution centre at Symmetry Park, Biggleswade.
Kavango Resources encouraged by drilling at Ditau
Exploration group Kavango Resources released further information on the second diamond drill hole at its Ditau prospect on Thursday.
Event performance give Tarsus Group solid start to year
Business-to-business media company Tarsus Group updated the market on its current trading on Thursday, reporting that since its annual results on 27 February, it had been in line with the board's expectations with forward bookings towards the top end of its targeted growth range of 5% to 10%.
Wincanton pleased with earnings growth as revenues slip
Logistics company Wincanton said contract wins largely offset the impact of losses from its prior year and first half in its preliminary results on Thursday, reporting a revenue decline of 2. 6% to £1. 14bn for the year.
Trans-Siberian subsidiary TZ enters £9.4m loan facility agreement
Russia-focussed gold producer Trans-Siberian Gold confirmed on Thursday that its wholly-owned subsidiary ZAO Trevozhnoye Zarevo (TZ) has entered into a loan facility agreement with VTB Bank.
Balfour Beatty on track to meet expectations
Balfour Beatty confirmed it was performing in line with expectations in a trading update on Thursday, as its shareholders gathered for its annual general meeting.
GVC sees £15m of extra cost savings in 2020
GVC Holdings said it would save an extra £15m of costs in 2020 as the company's integration of Ladbrokes Coral went quicker than expected.
Yu Group soars after FCA scraps investigation
Yu Group shares jumped by two-thirds after the energy supplier said the City regulator had scrapped its investigation into the company.
Anglo American gets approval for diamond recovery vessel
Miner Anglo American confirmed on Thursday that De Beers and the Government of the Republic of Namibia have approved the construction of its custom-built diamond recovery vessel.
Ergomed sees FY earnings 'materially ahead' of market expectations
Ergomed said on Thursday that full-year revenue and earnings are set to be "materially" ahead of current market expectations following strong trading year-to-date.
Bakkavor sweetens its offering with dessert business acquisition
Bakkavor said on Thursday that it has agreed to buy desserts business Blueberry Foods from Samworth Brothers Limited for an undisclosed sum.