Company News
ProPhotonix revenues unlikely to rise in 'inconsistent' 2019
ProPhotonix's shares crashed on Friday after it warned that full-year revenues are not expected to exceed the $16. 4m achieved in 2018.
Just Eat unappetising as Amazon takes bite of Deliveroo
Online retail giant Amazon has waded back into the food delivery market after leading a $575m funding round in Deliveroo, sending rivals such as Just Eat's shares lower in the process.
Future Group sees full-year results ahead of expectations
Future said its annual performance was likely to beat expectations after acquisitions helped the media and publishing company more than double profit in the first half.
Centaur Media revenue falls in first quarter
Centaur Media said revenue fell in the first quarter as the business information and training company sold off smaller businesses.
First Derivatives CEO Brian Conlon diagnosed with cancer
First Derivatives announced on Friday that its chief executive officer Brian Conlon has recently been diagnosed with cancer.
Creightons flags results boost from R&D tax credits
Personal care and beauty products company Creightons updated the market on its trading on Friday, reporting that sales in the second half of the year ended 31 March were likely to be “broadly similar” to those for the first half.
Regional REIT mulling fundraise to take advantage of 'growing pipeline'
Regional office and industrial property investment company Regional REIT announced on Friday that it was considering an equity fundraise to take advantage of its growing near-term pipeline of opportunities in the investment market.
UK Oil & Gas upbeat on latest testing at Horse Hill
UK Oil & Gas announced on Friday that, following a successful week-long pressure build-up test (PBU), the aggregate total Portland oil production at the Horse Hill oil field now exceeded 20,500 barrels.
Churchill China remains on target for full-year expectations
Performance ceramic manufacturer Churchill China continued to enjoy “good” trading levels across its business on Friday, as its investors gathered for their annual general meeting.
Revenue rises at Irish Continental despite lower tourism volumes
Ferry operator Irish Continental Group updated the market on carryings for the year to date to 11 May and financial information for the first four months of 2019 on Friday, reporting consolidated group revenue of €102. 3m - an increase of 6. 1%.
John Menzies on track after trading improves
John Menzies said it was on course to meet board expectations for annual results after an improvement in trading for the aviation logistics company.
Alba starts drilling at Irish base metals site
Alba Mineral Resources said it had started drilling at its base metals project in the Republic of Ireland.
Capital & Regional reports 'strong' leasing momentum, welcomes Debenhams clarity
Shopping centre owner Capital & Regional reported "strong" leasing momentum on Friday as it welcomed further clarity around Debenhams.
Staffline warns on profits as Brexit impacts margins
Recruitment and training company Staffline warned on profits on Friday, pinning much of the blame on Brexit.
Housebuilders face competition probe over leases
The competition regulator will investigate housebuilders over the alleged mis-selling of thousands of leasehold properties after pressure from ministers.
Metro Bank raises £375m; shares soar on news
Troubled British lender Metro Bank confirmed it had raised £375m to prop up its balance sheet, £25m more than planned, sending its shares sharply higher in early Friday trade.
Hikma reports good start to 2019
Hikma Pharmaceuticals said it made a good start to 2019 with healthy demand across its businesses.
EasyJet predicts tougher trading as loss widens
EasyJet said it expected tougher trading conditions after the airline's first-half loss more than tripled.
Sage backs FY guidance as first-half adjusted operating profit dips
Accounting software company Sage posted a drop in first-half adjusted operating profit on Friday, as it said revenue growth for 2019 is expected to be at the top end or slightly above its guidance range.
Drax part-refinances acquisition facility with dollar-denominated notes
Drax Group announced on Friday that its indirect wholly-owned subsidiary Drax Finco has completed and settled its offering of US dollar-denominated 6. 625% senior secured notes due 2025, in an aggregate principal amount of $200m.