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Lancashire Holdings' gross written premiums, underwriting profits grow YTD
Insurance firm Lancashire Holdings said on Wednesday that gross premiums written, underwriting profits and pre-tax profits had all grown in the six months ended 30 June.
IPF profits up as customer numbers grow
Unsecured credit lender International Personal Finance (IPF) reported a rise in underlying first half profit as customer numbers grew.
Parsley Box warns on revenues as orders fall
Parsley Box warned on Wednesday that full-year revenues would be lower than expected as total order numbers fell and the cost of acquiring new customers continues to rise.
Motorpoint Q1 revenues rise, cautious of inflation and supply chain woes
Vehicle retailer Motorpoint Group said on Wednesday that first-quarter revenues had risen but cautioned that rising inflation and worldwide vehicle supply chain challenges were likely to continue to affect its markets.
Europe open: Shares higher on earnings as investors eye Fed
European shares opened slightly higher on Wednesday amid a deluge of corporate results as cautious investors eyed the energy supply situation and awaited a rise in US interest rates.
Primary Health Properties raises interim dividend amid 'strong' property returns
Property investor Primary Health Properties said on Wednesday that organic rental growth had continued to drive "strong" property returns in a "turbulent market".
London open: Stocks rise amid avalanche of corporate news; Fed eyed
London stocks edged higher in early trade on Wednesday as investors waded through an avalanche of corporate news and looked ahead to the latest policy announcement from the US Federal Reserve.
Unite profits rise as Covid restrictions ease
Student accommodation provider Unite posted a rise in interim profits as Covid restrictions were eased on higher education.
Ibstock sees FY profits 'modestly ahead' of expectations
Clay bricks and concrete products manufacturer Ibstock lifted its full-year profit outlook on Wednesday as it reported a rise in first-half profit and revenue amid "robust" demand.
Diversified Energy acquires Appalachian asset retirement operator
Independent energy company Diversified Energy has acquired West Virginian energy and environmental contracting company ConServ for an undisclosed sum as part of an effort to deliver upon plugging commitments.
BAT takes hit of almost £1bn from Russia exit
British American Tobacco said on Wednesday it had £957m hit from the transfer of its Russian business after Moscow's invasion of Ukraine in February.
Provident Financial swings to interim profit
Subprime lender Provident Financial said on Wednesday that it swung to an interim profit following the wind down of its consumer credit division (CCD).
FirstGroup trades in line YTD
Public transport services operator FirstGroup said on Wednesday that its overall year-to-date trading performance had been in line with internal expectations, with the group now expecting to make "significant further progress" in the current financial year.
Smurfit Kappa first-half profits, revenues rise
Corrugated packaging company Smurfit Kappa reported a rise in first-half profit and revenue on Wednesday despite increasing input costs and supply chain issues.
Paragon Banking delivers 'another strong performance' in Q3
Finance provider Paragon Banking Group said on Wednesday that it had delivered "another strong performance" in the three months ended 30 June, leading it to reconfirm full-year guidance.
Rio Tinto H1 profits slump 29% from record high
Mining giant Rio Tinto posted a 29% fall in interim profits and cut its dividend by more than half on Wednesday as weaker iron ore prices due to cooling demand from Chinese consumers, higher costs, and labour shortages all weighed on the group.
Wizz Air losses widen as costs rise, revenue surges
Budget airline Wizz Air said first-quarter operating losses widened as it was hit by higher fuel costs, despite soaring revenues and passenger numbers as air travel recovered from the Covid pandemic.
Haleon H1 revenues grow, Lloyds Bank lifts FY guidance
London pre-open The FTSE 100 was being called to open 25. 2 points higher ahead of the bell on Wednesday after closing out the previous session broadly flat at 7,306. 28.
London pre-open: Stocks seen up ahead of Fed policy announcement
London stocks were set to rise at the open on Wednesday as investors mulled more key US earnings and eyed the latest policy announcement from the US Federal Reserve.
Haleon H1 revenues climb
Healthcare group Haleon said on Wednesday that revenues had climbed in the six months ended 30 June, principally driven by organic revenue growth, higher prices, and an improved volume mix.