News And Announcements
American Airlines cuts fourth-quarter losses
American Airlines saw losses shrink in the last quarter as demand picked up over the holiday season.
Superdry upbeat despite growing inflationary pressures
Superdry insisted its turnaround remained on track on Thursday despite rising inflationary pressures, as it returned to the the black.
N Brown trims full-year forecast despite 'resilient' Christmas
N Brown nudged its guidance for full-year earnings lower on Thursday despite "resilient" trading during the crucial festive season.
Deliveroo posts tasty rise in Q4 gross order value
Online food delivery platform Deliveroo reported a 36% rise in fourth-quarter gross transactional value as it hit a top-of-guidance 70% increase during 2021.
Kier Group performs 'well' in H1 despite inflationary pressures
Infrastructure services and construction firm Kier Group said on Thursday that it had "performed well" in the first half of the trading year, despite inflationary pressures, and now expects to deliver interim results in-line with internal expectations.
Mr Kipling owner Premier Foods lifts FY profit expectations
Premier Foods said on Thursday that full-year profit was set to be above market expectations after three strong quarters of trading and after the Mr Kipling brand enjoyed its "biggest ever" Christmas.
Revolution Bars hit by Omicron over Xmas but sees FY in line
Revolution Bars Group said it was confident of meeting full-year expectations despite a decline in trade over Christmas as Covid Omicron cases surged.
The Gym Group revenues rise; CFO Mark George to depart
The Gym Group reported a jump in full-year revenues on Thursday and hailed a good start to the new year as it announced the departure of chief financial officer Mark George, who is leaving to take up the same role at Wickes.
Hochschild Mining hits production targets, reiterates guidance for costs
Precious metals miner Hochschild Mining met its forecasts for full-year output and production costs.
Network International FY underlying earnings seen slightly ahead of market expectations
Payments solutions provider Network International said on Thursday that full-year underlying earnings were expected to come in slightly ahead of market expectations after group total revenues beat consensus estimates.
Wincanton FY profit to exceed market expectations, shares surge
Wincanton shares surged on Thursday after the logistics firms said full-year profit was set to exceed market expectations following a strong performance in the third quarter.
Entain lifts lower end of FY guidance as Covid curbs ease
Ladbrokes and Bwin owner Entain raised the lower end of core earnings guidance despite a 9% fall in fourth-quarter online net gaming revenue against a tough 2020 comparator.
ContourGlobal sells Brazil hydroelectric generation business
British power generation firm ContourGlobal has sold its Brazil hydroelectric generation business to Patria Investments for BRL 1. 73bn (£229. 68m) as part of an effort to create "compelling value" for shareholders.
Wickes backs FY profit guidance, appoints new CFO
Home improvement retailer Wickes backed its full-year profit guidance on Thursday following a solid fourth quarter, as it announced the appointment of a new chief financial officer.
Polymetal receives mineral resource estimate for Pavlov asset
Precious metals mining company Polymetal International said on Thursday that an initial JORC-compliant mineral resource estimate for its Pavlov asset in Russia pointed to as much as 700,000 ounces of gold being on the property.
AJ Bell first-quarter AUA jump, 'well positioned' for further growth
Investment platform AJ Bell said on Thursday that it was well positioned to deliver further growth as it posted a jump in first-quarter assets under administration.
Primark sales up 36% despite Omicron hit over Christmas
Associated British Foods said fourth quarter sales at its Primark stores rose 36% despite a hit from the surge in Covid Omicron cases, but were now showing signs of recovery as it maintained full-year group guidance.
Ibstock FY profit seen 'modestly' ahead of previous expectations
Clay and concrete building products manufacturer Ibstock said on Thursday that full-year profit was set to be "modestly" ahead of its previous expectations following strong trading in the final quarter.
Workspace rent roll grows in Q3 amid 'strong' customer demand
Real estate manager Workspace said on Thursday that customer demand had remained "strong" in the third quarter of its trading year, with an average of 831 enquiries per month over the period.
Spirent Communications FY revenues grow following 'strong' Q4 performance
Test and assurance solutions provider Spirent Communications said on Thursday that it closed 2021 with a "strong performance" in the final quarter, with several important wins across all parts of its portfolio.