News And Announcements
Trainline reports gradual recovery after lockdown collapse in demand
Trainline said on Thursday that the impact of Covid-19 resulted in its net ticket sales decreasing to £358m in the first half, equivalent to 19% of the same period in the prior year.
Vesuvius pays back Covid-19 debt to BoE
Vesuvius said on Thursday that it has elected to repay £200m of debt issued through the Bank of England’s Covid Corporate Financing Facility earlier than its March 2021 maturity thanks to positive free cash flow generation in recent months and early signs of "marginally improving" levels of business activity.
Playtech reports strong trading after profit drops
Playtech reported strong but weakening summer trading as the gambling software company posted a sharp fall in first-half profit caused by the Covid-19 crisis.
LXI REIT raises quarterly dividend guidance
Real estate investment trust LXI upped its quarterly dividend guidance on Thursday after experiencing some "robust rent collection" in the three months ending 30 September.
Grainger gets green light for Southall development from Ealing Council
Residential property group Grainger has been given the green light by Ealing Council for a new development by Southall station.
Hilton Foods lifts dividend as home dining boosts profits
International food packing business Hilton Food lifted its dividend after a sharp rise in interim profits driven by higher volumes.
Rolls-Royce still reviewing funding options
Rolls-Royce is still reviewing a range of funding options to strengthen its balance sheet including debt and equity, but no final decisions have been made, the engine maker said.
Next upgrades profit guidance as sales beat expectations
Next upgraded its profit guidance after sales in the first half and beyond held up better than the company expected.
Oxford Biomedica sees swing to FY profit on Covid vaccine hopes
Drugs maker Oxford Biomedica, which has partnered with pharma giant AstraZeneca to develop a Covid-19 vaccine, said it expected higher second half revenues to push it to a low-to-single digit full year profit.