News And Announcements
B&M European Value Retail launches strategic review of German business
Shares of B&M European Value Retail slumped on Tuesday as the discounter said it has undertaken a strategic review to determine the future of its German business, Jawoll.
Electrocomponents shares slide as it reports mixed first half
Electrocomponents described a first half of growth driven by market share gains on Tuesday, reporting a 7. 3% improvement in revenue - or 4. 5% on a like-for-like basis.
DCC profits rise as it acquires Florida's Ion Laboratories
Sales, marketing and support services company DCC reported a “strong” first half performance on Tuesday, with group adjusted operating profit increasing 14. 5% - or 13. 7% on a constant currency basis - to £162. 6m, in line with expectations.
Land Securities swings to loss amid challenging retail market
Land Securities said on Tuesday that it swung to a loss in the first half amid challenging conditions in the retail market.
Trainline slumps as KKR sells off its shares
Trainline shares fell on Tuesday after a group of investors led by private equity firm KKR sold off their shares in the online rail booking company.
Vodafone narrows loss, hikes earnings guidance
Vodafone on Tuesday reported a drop in interim losses and raised full-year earnings guidance following its July takeover of Liberty Global assets.
Experian lifts FY organic revenue guidance as first-half profit rises
Credit-checking firm Experian lifted its full-year organic revenue guidance on Tuesday as it reported a rise in first-half profit and revenue.
US demand, rugby world cup boost ITV ad revenues
UK broadcaster ITV said strong US demand for its reality programming drove a rise in third quarter advertising revenues to the top end of expectations.
Aggreko on track to meet FY market expectations
Temporary power supplier Aggreko said on Tuesday that it was on track to meet market expectations for the year.
Meggitt says FY operating margins to be at lower end of guidance
Aerospace engineer Meggitt upgraded its full year revenue forecasts but said operating margins would be at the lower end of guidance due to the Boeing 737MAX groundings and supply chain pressure as aircraft production increased.