News And Announcements
JD Sports profit soars on US strength and pent-up demand
JD Sports Fashion reported record first-half results boosted by pent-up demand after UK stores reopened from lockdown and acquisitions in the US.
Trainline sees return to profit as ticket sales move online
Trainline predicted a return to profit in the first half of the year as ticket sales recovered from the damage inflicted early in the pandemic.
BP names new head of gas and low carbon energy operations
BP has named Anja-Isabel Dotzenrath, the former head of German utility RWE's renewables unit, as its new chief executive vice-president of its gas and low carbon energy operations.
NCC Group sees full-year profits jump, reiterates guidance
Cyber-security specialist NCC Group reported a jump in full-year profits while reporting faster growth since period end that led it to reiterate its guidance for the next 12 months.
Ocado Retail reports 'strong' demand, announces plans for new Luton CFC
Ocado Retail saw sales drop by considerably more than expected over its third quarter, but only due to a conflagration at its customer fulfilment centre at Erith.
Bytes trades 'strongly' in H1
Software firm Bytes said on Tuesday that it had continued to trade "strongly" the six months ended 31 August, building on its "robust" maiden full-year results in May 2021 and a "positive start" to the financial year.
UK consumer confidence slips
Consumer confidence dipped slightly over the summer, research published on Tuesday showed, on concerns about job security and house prices.
Portmeirion swings to interim profit amid record revenues
Portmeirion said on Tuesday that it swung to an interim profit as revenues grew and the homewares manufacturer’s business surpassed pre-pandemic levels.
Utility Point to cease trading in tough energy market
A UK energy provider with more than 200,000 customers is about to cease trading in a market hit by rising wholesale prices and a regulatory price cap, according to a report.
Rapid grocery company Weezy said to explore sale
Rapid grocery company Weezy is reportedly working with investment bank Evercore as it considers a potential sale of the business.
Elliott eyeing up SSE break up - report
Activist hedge fund Elliott Investment Management is agitating to break up energy firm SSE, it was reported on Tuesday.
New games help Team17 to record first half
Team17 said it was confident about its outlook as the video games developer recorded record first-half profit supported by new releases.
Petra hails 'watershed' year as revenues jump
Petra Diamonds has announced a jump in final revenues, after what the mining firm called a "watershed" year.
City broker Peel Hunt to debut on London market
Peel Hunt is to float on the London market, the City firm confirmed on Tuesday, as it looks to build on a strong year and expand in Europe.
Smart Metering raises £175m in placing to fund growth opportunities
Smart Metering Systems said on Tuesday that it has raised gross proceeds of £175m in a placing to fund "significant growth opportunities".
Made.com warns supply issues set to continue
Made. com reported a surge in first-half sales on Tuesday, but warned that supply issues were expected to continue into 2022.
UK Commercial Property acquires Trafford Retail Park
Real estate investment trust UK Commercial Property has acquired Trafford Retail Park from Peel L&P for £33. 0m.
Hg invests undisclosed amount in US-focused healthcare technology outfit HHAeXchange
Hg announced an investment in US-focused homecare management solutions provider HHAeXchange for an undisclosed sum.
LondonMetric buys South Ruislip property for £18m
LondonMetric Property said on Tuesday that it has bought a grocery-led property in South Ruislip, West London, for £18m.
Xaar swings to H1 loss, says outlook uncertain
Xaar swung to a first-half loss and said the outlook was too uncertain to provide guidance after it wrote down inventory in the US.