News And Announcements
Speedy Hire posts profit rise, hikes dividend
Tool and equipment hire company Speedy Hire reported a 19. 3% rise in full-year adjusted pre-tax profit on Wednesday as it hiked its dividend.
Marston's brews up profit growth as beer booms
Marston's first-half profit increased as the pub and beer company's brewing business catered to drinkers seeking a wider range of ales.
Moss Bros sales rise but hire division remains a disappointment
Menswear retailer Moss Bros posted a small increase in total sales for the first 15 weeks of the year on Wednesday but a dip in like-for-like sales, as it said the performance of the hire division remains disappointing.
May putting Brexit deal to vote in early June
UK Prime Minister Theresa May will next month put her premiership on the line as she tries to force her Brexit deal through parliament, even as MPs across the divide said they would vote in down for a fourth time.
Cobham agrees to pay £69m to settle long-running tax dispute
Cobham’s long-running dispute with HM Revenue & Customs has been settled, the defence and aerospace specialist announced on Wednesday.
Stobart ends long search for new chairman
Stobart has ended its long hunt for a new chairman by appointing David Shearer as a non-executive director of the infrastructure company.
OneSavings and Charter Court post Q1 loan book growth ahead of merger
OneSavings Bank and Charter Court Financial Services both posted growth in their loan books for the first quarter on Wednesday ahead of their planned merger.
SSP Group lifts expectations after decent first half
Travel food and beverage retail specialist SSP Group reported underlying operating profit of £62. 5m in its interim results on Wednesday, which was up 14. 6% at constant currency and 13. 2% at actual exchange rates.
Playtech reiterates guidance as it works through B2B struggles
Playtech said on Tuesday that it has made “significant progress” on executing its strategy and on strengthening its corporate governance in the last year, as its investora gathered for the company’s annual general meeting.
Crest Nicholson sales improve despite 'heightened uncertainty'
UK housebuilder Crest Nicholson saw half year sales improve despite "heightened uncertainty", with the group prioritising cash flow and dividends, as well as unlocking value in its land portfolio.
Compass profit rises on North America and UK defence wins
Compass Group's first-half profit rose more than 5% as the catering company gained new business in North America and added UK defence contracts.
Hargreaves Lansdown pleased with recent performance in tough market
Hargreaves Lansdown updated the market on its trading for the four months ended 30 April on Wednesday, reporting net new business of £2. 9bn.
Lower volatility hits TP ICAP's Q1 revenues
Interdearler broker TP ICAP reported flat revenues for the three months to March 30 as "a weak market environment" hit its global broking division.
Retail woes hit British Land's annual results
Falling retail property values hit British Land last year as doubts increased about the future of bricks and mortar shopping in the UK.
Costs put the brakes on profits at Aston Martin
A strong appetite for luxury cars in China and the Americas drove first quarter revenues at posh marque Aston Martin, but higher expansion costs helped it skid to a loss for the period.
Experian revenue rises as North America, EMEA/Asia Pacific perform well
Credit-checking company Experian said on Wednesday that full-year pre-tax profit nudged higher as revenue rose amid strong growth across all of its regions, particularly North America and EMEA/Asia Pacific.
Asia Pacific lifts Spirax-Sarco sales, profits in year to date
Valve maker Spirax-Sarco Engineering said organic sales growth in the first four months of 2019 had remained similar to levels in the second half of 2018.
Kingfisher sales rise in Q1 despite mixed results in France
DIY chain owner Kingfisher on Monday maintained full year guidance as it reported a 0. 8% rise in first quarter sales on a like-for-like basis.