Company News
Capital & Counties property value falls amid Covid-19
Real estate investment trust Capital & Counties said on Tuesday that the total value of its properties had decreased in 2020 but stated it was "well-positioned" to benefit from recovery over time.
Entain's £316m bid for Enlabs secures regulatory backing
Entain’s £316m offer for Sweden's Enlabs has received the backing of all relevant regulators, the blue chip said on Tuesday.
Keller profits rise despite revenue drop; outlook cautious
Keller posted a rise in full-year profit on Tuesday and a performance ahead of market expectations, despite a drop in revenues, as it struck a cautious note on the outlook.
M&G describes 'strong' result as IFRS profits rise
M&G reported adjusted operating profit before tax of £788m in its full-year results on Tuesday, down from £1. 15bn year-on-year, and reflecting the first full year of listed infrastructure costs.
TP Icap FY operating profits slip in 2020
Broker TP Icap said on Tuesday that revenues and operating profits had slipped in 2020 amid the ongoing Covid-19 pandemic.
Cairn Energy swings to FY operating loss in 2020
Exploration and development firm Cairn Energy said on Tuesday that it had swung to a full-year operating loss in 2020.
WH Smith cuts cash burn forecasts after brighter start to year
WH Smith cut its cash burn forecasts after better-than-expected trading in the first two months of 2021 despite the national lockdown imposed on January 4.
ITV full-year profits, revenue hit by pandemic
Broadcaster ITV posted a decline in full-year profit and revenue on Tuesday as it took a hit from the Covid-19 pandemic.
Gamesys delivers 'outstanding financial performance' in 2020
Online gaming operator Gamesys said on Tuesday that it had delivered an "outstanding financial performance" in 2020, with both revenues and underlying earnings improving throughout the year.
IWG's recovery from Covid-19 pandemic taking longer than initially expected
Serviced offices provider IWG said on Tuesday that it would be forced to shutter more underperforming locations as a result of the market recovery from the coronavirus pandemic was taking longer than anticipated.
Domino's delivers £45m share buyback, 200 new stores as profits rise
Pizza chain Domino's unveiled a £45m share buyback and rise in annual profit as it announced plans to open another 200 stores.
Ultra Electronics full year underpinned by contract wins
Defence contractor Ultra Electronics reported a jump in full-year profit and revenue on Tuesday as it won a number of new contracts.
Standard Life Aberdeen profits fall as rebranding flagged later in 2021
Asset manager Standard Life Aberdeen reported a 16. 6% fall in annual profits as it declared a dividend and started to focus on client-led growth out of the Covid crisis.