News And Announcements
Just Group makes David Richardson permanent CEO
Retirement products company Just Group said on Thursday that interim chief executive officer David Richardson will take on the role on a permanent basis with immediate effect.
Kier swings to £245m loss, chairman to retire
Construction and services company Kier said on Thursday that it swung to a full-year loss as it announced the retirement of chairman Philip Cox.
KPMG to cut hundreds of UK jobs
KPMG UK plans to make redundant about a third of its 630 administrative assistants in a wave of cost-cutting.
GAN inks deal with US gambling operator Jack Entertainment
Gambling software provider GAN announced a new agreement with JACK Entertainment on Thursday, which it said had chosen it as their platform to support sports wagering and online casino gaming, should enabling legislation and corresponding regulatory approvals come to pass in the jurisdictions where it operates.
Velocys secures two deals with Japan's Toyo Engineering Corporation
Velocys announced on Thursday that it has secured a purchase order and technical service agreements with Toyo Engineering Corporation for the use of its technology in a publicly-funded demonstration facility in Nagoya, Japan, as well as an advanced deposit for the use of the technology by Toyo in a subsequent commercial plant.
Petrofac to sell Mexican operations for up to $276m
Petrofac on Thursday agreed to sell its remaining 51% interest in its operations in Mexico, including Santuario, Magallanes and Arenque, to Perenco International for up to $276m.
Harvest Minerals gets approval for 'big bag' facility at Arapua
Fertiliser producer Harvest Minerals announced on Thursday that the Brazil Ministry of Agriculture (MAPA) has issued approval for its new ‘big bag’ handling and storage facility, located at the Arapua Project, where it produces multi-nutrient direct application natural remineraliser ‘KPFértil’.
Clear Leisure updates market on latest in Mediapolis litigation
Clear Leisure announced on Thursday that, following increasing legal pressure being put upon the receiver in charge of the Mediapolis bankruptcy and in order for Clear Leisure 2017 Ltd (CL2017) to obtain the proceeds due from the sale of the Mediapolis land, the auctioneer has now proposed to the Ivrea Court to allocate the total of €1. 94m to Fallimento Mediapolis Srl.
City Pub to scale back expansion amid Brexit uncertainty
The City Pub Group posted a rise in interim profits on Thursday as it said it would scale back its expansion plans amid Brexit uncertainty.
Ryanair shareholders almost block O'Leary's €99m bonus
Ryanair investors launched a significant revolt on Thursday, almost blocking a pay report that granted chief executive Michael O'Leary a bonus that could be worth as much as €99m (£88m).
Lamprell interim losses widen as revenue drops
Lamprell posted a widening of its first-half losses on Thursday as revenue fell and the oilfield services company said it was focused on oil and gas opportunities in the Middle East and Europe.
Johnson Matthey reiterates full year guidance
Johnson Matthey reiterated full year guidance and revealed plans to boost shareholder returns as it outlined future targets on its capital markets day on Thursday.
Trans-Siberian Gold announces another dividend following record revenue
Low cost, high grade Russia-focussed gold producer Trans-Siberian Gold announced its unaudited interim results for the period ended 30 June on Thursday, reporting record first half revenue generation of $30m (£24. 03m), up 8. 7% year-on-year.
SIMEC Atlantis Energy losses widen as it pursues multiple developments
Sustainable energy developer, owner and operator SIMEC Atlantis Energy reported a consolidated group cash position of £5. 1m as at the end of its first half on Thursday, down from £9. 3m at the end of the 2018 financial year, and including £1. 8m held at MeyGen, falling from £2. 4m.
Diageo affirms sales targets, but warns not immune on global trade shifts
Drinks company Diageo warned it was not immune to changes in global trade policy but expected to meet net sales and operating profit growth targets.
Petards revenue falls as defence operations struggle
Security and surveillance systems developer Petards Group reported an 8% fall in its interim revenue to £8. 9m in its half-year report on Thursday.
Conroy Gold upbeat on review findings at Clontibret Gold Deposit
Ireland and Finland-focussed gold exploration and development company Conroy Gold and Natural Resources announced the results of an independent review of the structural controls on the Clontibret Gold Deposit in County Monaghan, Ireland, by consultant structural geologist Dr Francis Murphy on Thursday.
Turbulent leather market sees Pittards revenue fall in first half
Specialist advanced leather producer Pittards reported a 16% drop in interim revenue in its half-year report on Thursday, to £12. 1m.
Underlying operating profit takes a step backwards at FW Thorpe
Professional lighting systems supplier FW Thorpe announced its preliminary results for the year ended 30 June on Thursday, reporting a 0. 9% improvement in revenue to £110. 6m.
Online sales drive rise in Next interim profits
High Street fashion chain Next said interim profits rose 2. 7%, as strong online sales offset a fall in retail and the company maintained its outlook for the full year.