Market Report
Auction Technology lifts FY revenue growth guidance
Auction Technology lifted its full-year revenue growth guidance on Thursday following a better-than-expected first half.
Tyman reports 'robust' YTD trading
Engineered components supplier Tyman said on Thursday that its performance in the first four months of the year had been "robust" and that it now expects full-year adjusted operating profits to be in line with current market expectations.
Essentra LFL revenues grow in Q1
Essential components provider Essentra said on Thursday that it has had "a strong start to the year", with like-for-like revenue growth of 16. 4% in the first quarter of 2022, building on the "positive momentum" seen by the group throughout 2021.
National Grid full-year profits rise
National Grid posted a jump in full-year profit on Thursday and lifted its dividend, but cautioned over rising energy prices and the wider cost of living crisis.
Genuit FY underlying profits seen in line with consensus estimates
Piping systems manufacturer Genuit said on Thursday that its year-to-date performance was in line with expectations, with underlying operating profits expected to be consistent with current full-year consensus estimates of £107. 0m.
Canada's Brookfield to buy HomeServe in £4.1bn deal
Canada’s Brookfield Asset Management has agreed to buy London-listed emergency home repairs group HomeServe in a £4. 1bn deal.
LondonMetric disposes of Reading warehouse asset for £60.6m
Real estate investment trust LondonMetric Property has disposed of its 229,000 square foot DHL distribution warehouse in Reading for a total of £60. 6m.
Smiths group posts fourth-straight quarterly growth, EasyJet narrows H1 losses
London pre-open The FTSE 100 was being called to open 43. 5 points lower ahead of the bell on Thursday after closing out the previous session 1. 07% weaker at 7,438. 09.
London pre-open: Stocks to fall after US, Asian losses
London stocks were set to fall at the open on Thursday following weak US and Asian sessions.
Smiths Group delivers fourth-straight quarter of organic revenue growth
Engineering company Smiths Group reported its fourth consecutive quarter of organic revenue growth on Thursday, leading the firm to maintain its full-year guidance of 3% organic revenue growth.