Latest News
Keller revenue exceeds records as profit rises comfortably
Geotechnical contractor Keller Group posted its results for the year to 31 December on Monday, reporting record revenue of £1. 78bn, up from £1. 56bn, which the board said was mainly due to currency movements and strong growth in Europe, the Middle East and Africa.
Esure takes small hit from injury claim change; sees 2016 ahead of forecasts
Esure Group said its 2017 capital position would be hit by £2m and its reserve margin allowance had to be increased to £3m from £2m after a larger than expected cut to the discount rate used to calculate personal injury claim payouts.
Dechra in fine fettle as acquisitions and forex boost growth
Dechra Pharmaceuticals remained confident in its outlook for the full year as the veterinary specialist's half-year revenue grew strongly thanks to recent acquisitions.
Goldman downgrades Smith & Nephew on less attractive growth outlook
Goldman Sachs has downgraded Smith & Nephew to 'neutral' from 'buy' and cut the price target to 1,270p from 1,310p as it pointed to a less attractive growth outlook.
Europe open: Slight gains ahead of key speech from US president Trump
Stocks were seeing slight gains at the start of trading in Europe, tracking the 11th consecutive higher close for the Dow Jones Industrials on Friday - the longest such streak in over two decades.
Persimmon hikes dividend further amid encouraging planning outlook
Housebuilder Persimmon further increased its capital return plan as annual revenue and pre-tax profit rose strongly and it remained on track with its growth strategy.
Hiscox full-year profit jumps 64%
Hiscox posted a surge in full-year pre-tax profit as gross written premiums grew and the Lloyd's of London underwriter benefited from favourable currency moves.
London open: Stocks edge up as pound drops on Scottish referendum worries
Stocks in London edged higher in early trade, underpinned by some solid earnings from Persimmon and AB Foods, and a weaker pound.
Assura appoints Jonathan Murphy as permanent CEO
Primary care property developer Assura has appointed its finance director Jonathan Murphy as chief executive on Monday.
Vodafone comes out on top of 4G roaming survey
Vodafone was celebrating a new report by global research firm Ovum on Monday, which it said showed the mobile network operator as offering “significantly more” 4G roaming destinations to its customers than any other operator.
Drax to buy two US wood pellet manufacturers
Electricity generator Drax Group confirmed it is to buy Texas Pellets and Louisiana Pellets, which are currently going through the bankruptcy process in the US.
Land Securities completes sale of Manchester Printworks for £108m
Land Securities on Monday said it had completed the sale of The Printworks, Manchester to DTZ Investors for £108m.
ConvaTec launches new stoma care recovery programme
Global medical technology company ConvaTec Group announced the launch of the 'me+' recovery programme for stoma patients, including a nurse education course which has been accredited by the Royal College of Nursing in the UK, on Monday.
Acacia declares maiden high-grade resource at West Kenya project
Acacia Mining said on Monday that it has found an inferred mineral resource of about 1. 31m ounces of gold at 12. 1 grams per tonne on the Liranda Corridor at its West Kenya project.
Rotork profit down as underlying revenue drops
Rotork reported a drop in full-year pre-tax profit and adjusted operating profit as underlying revenue fell, but noted an improvement in the trading environment.
Monday newspaper round-up: Brexit concessions, new referendum, Unilever, Barclays
Labour peers say they are confident that the government will ultimately make concessions as the article 50 bill on leaving the EU passes through the House of Lords this week. Opposition whips will watch keenly how the government responds to the first debate at the committee stage of the bill on Monday, which will focus on the Good Friday agreement, to gauge whether the government appears open to concessions, one Lords source said. - The Guardian.
AB Foods expects 'excellent' interim profits from Primark and sugar prices
Associated British Foods said it expects "excellent progress" in profits and earnings for the first half of the year, with growth in almost all parts of the business and a further boost from exchange rates.
ABF anticipating 'excellent progress', LSE says Deutsche Borse merger clearance 'unlikely'
London open.
Weak sterling drives full year results at Bunzl
Distribution and outsourcing company Bunzl received a boost from the post-Brexit vote slump in the pound as full year pre-tax profits jumped 12% to £362. 9m.
London pre-open: Stocks seen higher after late Wall St bounce
Stocks in London were set to open higher following a late rebound on Wall Street on Friday, as investors prepared to sift through more corporate news.