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German retail sales unexpectedly drop in February
German retail sales unexpectedly fell in February, according to figures released by Destatis on Thursday.
Rupert Soames retiring from Electrocomponents board
Electrocomponents announced the retirement of Rupert Soames as non-executive director on Thursday.
Another year of impressive growth for Polypipe
Polypipe’s first full year as a listed company saw more massive growth, with the plastic piping and ventilation systems manufacturer reporting strong increases in revenue and earnings in its final results on Thursday.
RPC Group sees profit and revenue significantly ahead
Plastic products design and engineering company RPC Group expects revenue and adjusted operating profit for the year to be ahead of the previous year.
Financial year ends strong for 3i Infrastructure
Investing company 3i Infrastructure ended its financial year on a high, reporting solid growth in portfolio income on Thursday, for the 13 weeks to 30 March.
Booker total sales rise in fourth quarter, full year
Food wholesale retailer Booker Group said total sales grew in the fourth quarter and for the year as a whole, but like-for-like sales were dented by price deflation.
HomeServe expands US footprint with USP acquisition
HomeServe was looking to add another 10m homes to its US market on Thursday, announcing it had entered an agreement to acquire home assistance business Utility Services Partners.
Tui remains resilient as holiday demand undimmed
Despite troubles in Turkey and the Brussels bombings, Tui informed investors that overall demand and pricing for holidays has remained resilient in the first half of its financial year.
Chadwick leaving Grafton after 30 years at helm
After more than 30 years at the helm, Grafton Group announced the retirement of Michael Chadwick as non-executive chairman on Thursday.
Patient counts, revenues rise at new entrant Mediclinic
FTSE 100 private healthcare group Mediclinic International reported continued patient growth across all of its operating platforms in the 11 months to the end of February on Thursday, with an associated rise in revenues.
London pre-open: Stocks seen touch lower ahead of retail sales, GDP
Stocks in London were expected to open a touch lower on Thursday ahead of some key data releases.
Thursday newspaper round-up: Steel industry, energy, HSBC
Tata’s board met for seven hours on Tuesday in the company’s elegant stone headquarters in central Mumbai but one insider said it was clear what the company had to do. “It was very straightforward, not dramatic,” he said, as Tata signalled that, after nine years, several billion pounds of investment and continuing heavy losses, it was putting its British steel operations up for sale. – Financial Times.
Tui well positioned, Mediclinic growing patiently
London open The FTSE 100 is forecast to reverse by around 22 points on Thursday morning, cutting some of the 97 points gained from the previous day.