Company News
Renew Infra acquires Blary Hill Energy
Renewable energy infrastructure group Renew Infra has exchanged contracts to buy Blary Hill Energy, with the rights to construct a 35MW wind farm located on the Kintyre Peninsula in West Scotland.
Learning Technologies beats earnings expectations for 2019
Digital learning and talent management technology provider Learning Technologies Group updated the market on its trading for 2019 on Tuesday, saying it was expecting group revenues to be up around 38% to £130m.
Focus on strategy sees Dotdigital through first half
Marketing automation and customer engagement software-as-a-service (SaaS) provider Dotdigital Group updated the market on its first half on Tuesday, reporting a 15% improvement in organic revenue from continuing operations to £23. 1m, driven primarily by “strong direct sales” to new and existing customers.
Eve Sleep breaks even in Q4 for first time
Mattress maker Eve Sleep said on Tuesday that it had broken even at the operating level in the fourth quarter for the first time.
Mears ends year well as it exits domiciliary care operations
Housing sector support services provider Mears Group updated the market on the year ended 31 December on Tuesday, reporting that it is at “an advanced stage” in the sale and exit from its standalone domiciliary care operations.
SSP reports solid start to new financial year
Travel food and beverage operator SSP updated the market on its first quarter of trading on Wednesday, reporting a “good start” to the new financial year, with further encouraging progress on its strategic initiatives and unchanged profit expectations for the full year.
IntegraFin reports best Q1 inflows
Financial investment platform operator IntegraFin Holdings reported a 4% rise in funds under direction (FUD) for the quarter to December 31.
Cairn Energy 2019 production at top end of guidance
Cairn Energy said on Tuesday that 2019 production came in at the upper end of guidance.
Easyjet sees higher revenues on strong start to 2020
EasyJet on Tuesday forecast a rise in first half revenue per seat to rise by “mid to high single digits”after a strong start to 2020 and lower capacity levels from competitors.
IG Group interim profit declines but medium-term targets reiterated
Online trading platform IG Group reiterated its medium-term financial targets on Tuesday as it posted a drop in interim trading revenue and profit and announced the departure of its chief financial officer.
TalkTalk to offload fibre assets in £200m deal
TalkTalk Telecom Group has agreed to sell its fibre assets, being FibreNation and its shareholding in Bolt Pro Tem, to CityFibre for £200m in cash, it announced on Tuesday, conditional on shareholder approval.
Brian Gilvary to step down as BP finance chief
BP announced on Tuesday that its chief financial officer Brian Gilvary has decided to retire from the company and step down from its board on 30 June, having had a 34-year career with the company, including more than eight years as CFO.
BHP holds iron ore, thermal coal forecasts despite Australian fires
BHP maintained full year guidance for iron ore and thermal coal, despite the impact of the Australian bushfires on its coal operations.