Company News
Thursday preview: US Q1 GDP, Barclays in focus
Investors' attention on Thursday will be on a first reading for U. S. gross domestic product growth during the first quarter.
Director dealings: Yü Group director lowers stake
Yü Group revealed on Wednesday that senior independent director Anthony Perkins had disposed of 4,000 ordinary shares in the AIM-listed gas and electricity supplier.
Ondine reports significant financial growth
Ondine Biomedical reported significant growth in a trading update on Wednesday, with revenues doubling to $1. 2m in 2023, driven by expanded hospital deployments of ‘Steriwave’.
Angle inks deal with AstraZeneca
Liquid biopsy specialist Angle announced a supplier agreement with AstraZeneca on Wednesday to develop and validate a methodology using Angle's existing DNA damage response (DDR) assay for the detection of micronuclei in circulating tumour cells (CTCs) as a measure of DDR.
Allfunds shares fall after report sale plans shelved
Shares in Allfunds Group fell sharply on Wednesday on a report the European fund distribution platform had abandoned talks on a potential sale.
Sentiment picks up across UK manufacturing - CBI
Sentiment across the UK manufacturing sector improved in April, an industry survey showed on Wednesday, as output steadied.
ActiveOps flags decent full-year revenue growth
Decision intelligence software specialist ActiveOps said in an update on Wednesday that it anticipated group revenue to reach about £26. 8m for the financial year just ended, marking a 5% increase from the prior year.
Supreme flags record full-year financial performance
Consumer goods specialist Supreme announced a record financial performance for the year ended 31 March in a trading update on Wednesday.
Concurrent Technologies wins $1.57m contract with US client
Concurrent Technologies announced a $1. 57m contract with a major global US prime contractor on Wednesday, for the supply of commercial-off-the-shelf (COTS) products and testing services as part of the contractor's technology upgrade programme.
Serica Energy revenue, earnings fall in full-year results
Serica Energy reported a shift in average realised sales prices in its final results on Wednesday, with post-hedging prices averaging around $63 per barrel of oil equivalent for 2023, a decrease from $104 in 2022.
Tracsis confident despite weaker first half performance
Transport technology provider Tracsis reported first-half revenue of £36. 6m on Wednesday, reflecting a decrease of 6. 7% year-on-year.
More than 3,000 jobs at risk at Casino
Beleaguered French retailer Casino Guichard-Perrachon is to cut up to 3,200 jobs as part of wide-reaching overhaul.
Hochschild reports solid production progress in first quarter
Precious metals miner Hochschild Mining said in an update on Wednesday that it extracted 45,937 ounces of gold and two million ounces of silver in its first quarter, totaling 69,758 gold equivalent ounces and 5. 8 million silver equivalent ounces.
Lloyds Bank holds guidance as Q1 profit falls 28% on margin squeeze
Lloyds Bank held annual guidance despite a 28% fall in first-quarter profits due to lower net interest income and higher operating expenses, as competition for mortgages and savings squeezed margins.
Griffin Mining subsidiary adds wind energy to Caijiaying Mine
Griffin Mining announced a significant milestone in its sustainability strategy on Wednesday, as its subsidiary Hebei Hua Ao Mining Industry Company (HHA), inked an agreement with Zhangjiakou Guoao New Energy (ZGNE) to exclusively use energy generated from two 6. 3MW wind turbines, collectively generating 12. 6MW of wind power, at the Caijiaying Mine.
PetroTal announces senior leadership changes
PetroTal announced updates to its leadership team on Wednesday, with Camilo McAllister appointed as its new executive vice-president and chief financial officer.
Morgan Advanced Materials lays out growth plans
Morgan Advanced Materials updated the market on its financial goals on Wednesday, as it aimed to surpass organic revenue growth rates through a combination of organic expansion, strategic mergers and acquisitions, and shareholder value creation.
Jet2 summer bookings rise, warns of more competitive pricing
Package holidays provider Jet2 warned on Wednesday that pricing had become more competitive in recent months but said summer bookings had grown year-on-year.
Filtronic shares rocket after inking SpaceX partnership
Filtronic's shares rocketed after announcing that it had entered into a supply agreement with SpaceX.
Nichols Q1 revenues fall as international sales drop
Soft drinks group Nichols has held on to full-year forecasts despite a mixed performance in the first quarter which saw group revenues fall nearly 6%.