News And Announcements
Intu Properties full-year profit, NAV rise
FTSE 250 shopping centre operator Intu Properties - which announced a £3. 4bn merger with Hammerson back in December - posted a rise in profit for the year on Thursday as like-for-like net rental income grew for the third successive year.
British American Tobacco shares smoked after mixed results
British American Tobacco reported on a record revenues on Thursday, though while the “transformational” acquisition of Reynolds American helped revenue surge to £20. 29bn, this was short of market expectations.
Mine ramp up helps Kaz Minerals FY profit shine
Copper and gold miner Kaz Minerals on Thursday reported a hefty jump in full year earnings before interest, taxes, depreciation and amortization to $503m from $67m.
Rathbone Brothers reaches new funds under management record
Investment and wealth management company Rathbone Brothers reported a 16. 8% increase in its underlying profit before tax for 2017 on Thursday, to £87. 5m from £74. 9m.
Moneysupermarket profit rises but outlook disappointing
Moneysupermarket. com posted an increase in full-year profit on Thursday as revenue grew and the insurance segment put in a strong performance, but shares in the FTSE 250 price comparison website tumbled as investors were left disappointed by its 2018 outlook.
BAE Systems beats forecasts but flat earnings guidance disappoints
Defence group BAE Systems reported better earnings than expected, growing demand for its laser-guided 'Precision Kill' rockets and improving outlook for defence budgets but flat earnings for 2018.
International strength boosts Hays interim profit
Interim profit at FTSE 250 recruiter Hays rose 18% on the back of strong growth in its international markets and good cost control in the UK.
Barclays swings to net loss but promises bigger dividend in 2018
Barclays declared its intention to more than double dividend payouts in 2018 to 6. 5p per share after lower costs helped lift profits last year - though they were still slightly short of analyst's forecasts.
Safestore reports strong Q1 revenues
Storage space operator Safestore reported a 9. 8% year-on-year rise in first quarter group revenues on a constant currency basis to £35. 1m. On a like-for-like basis, revenues were up 5. 5% to £32. 8m.
RSA Insurance full-year profit jumps, dividend lifted 23%
RSA Insurance posted a jump in full-year profit on Thursday and bumped up its dividend as a strong performance in Scandinavia, Canada, the Middle East and Ireland helped to offset a poor showing in the UK.
Higher commodity prices lift Anglo American as debt halved
Higher commodity and copper prices provided a boost for Anglo American as the miner reported a 45% jump in full year earnings before interest, tax, depreciation and amortisation to $8. 8bn.