Company News
Georgian Mining directors write off pay as company raises funds
Georgian Mining directors wrote off their pay as the company raised £380,000 to support its Georgian operations while it waits for an exploration permit.
Lloyds' Horta-Osório to face MPs on pension
MPs have called on Lloyds Banking Group's chief executive to face questions about controversial executive pension arrangements at the company.
Hollywood Bowl makes strong start with revenue up across business
Hollywood Bowl Group reported total revenues of £67m for the six months ended 31 March on Thursday, up from £63. 6m at the same time a year ago.
Headwinds put dent in PayPoint's preliminary reported figures
Payment technology and network provider PayPoint reported 1. 6% growth in underlying revenue in its preliminary results on Thursday, including the share of commission paid to retailers.
StatPro to focus on margins as it hunts for more acquisitions
StatPro Group told shareholders on Thursday that it had continued to make “good progress” towards its goal of becoming the world’s leading cloud-based portfolio analytics provider over the last year, with its current trading remaining in line with expectations.
German business sentiment deteriorates - Ifo
Business confidence in Germany deteriorated more than expected in May, according to a survey released by the Ifo Institute on Thursday.
TalkTalk's annual loss narrows
TalkTalk's annual loss shrank to £5m from £100m as the telecoms company increased earnings and reduced reorganisation spending.
Mothercare delays FY results by a day
Mothercare has delayed the release of its full-year results by a day to Friday, but said it continues to expect underlying results to be in line with market expectations.
Qinetiq's FY results beat expectations
Defence technology company Qinetiq posted better-than-expected full-year results on Thursday as it backed its expectations for 2020.
Sabre year-to-date trading in line with expectations
Car insurance underwriter Sabre said trading for the first four months of the year was "very much in line" with expectations.
NewRiver keeps head above water amid retail storm
NewRiver REIT said on Thursday that its business model was delivering “sustainable” cash returns, underpinned by its unsecured balance sheet, as its full-year funds from operations fell to £56. 4m from £60. 3m.
Ibstock backs FY guidance after 'solid' start to 2019
Ibstock backed its full-year guidance on Thursday as it hailed a "solid" start to the year, with both its clay brick and concrete businesses enjoying strong demand despite political and economic uncertainty.
Essentra revenues tick up despite 'uncertain' macro environment
Essential components provider Essentra traded in line with expectations during the first four months of the year, delivering like-for-like revenue growth of 1%.
Inchcape revenue growth driven by solid performance in Asia and Europe
Automotive retailer Inchcape saw revenues grow 3% in the first four months of the year, driven by solid performances in Asia and Europe.
Serco to buy US Navy contractor NSBU in $225m deal
Serco Group has entered into a definitive asset purchase agreement to acquire the Naval Systems Business Unit and a small number of related contracting entities (NSBU) from Alion Science & Technology Corporation for $225m, it announced on Thursday.
Bakkavor holds FY guidance in face of 'subdued' consumer confidence
Fresh food maker Bakkavor on Thursday maintained full year guidance despite continued subdued consumer confidence and inflationary pressures.
AJ Bell defies Brexit woes with interim profit rise
Investment platform AJ Bell defied the Brexit gloom as it reported higher first-half profits driven by higher customer numbers and an increase in managed assets.
Merlin rejects ValueAct call to go private
Merlin Entertainments has rejected a call by one of its biggest shareholders for the theme park operator to find a buyer to take it private.
Mitchells & Butlers returns to profit growth
A snow-free winter helped pub and restaurant operator Mitchell & Butlers posted a return to profit growth in the first half, but the company warned of “limited visibility” ahead due to Brexit uncertainty.
LondonMetric to buy Midlands-based A&J Mucklow in £415m deal
LondonMetric Property posted a 3. 5% increase in full-year net rental income on Thursday as it announced the acquisition of Midlands-based real estate investment trust A&J Mucklow in a cash and stock deal that values it at around £414. 7m.