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IMI interim profits rise, confident of meeting FY EPS guidance
Engineering group IMI said on Friday that both revenues and profits had improved in the six months ended 30 June, leaving the group confident that full-year adjusted earnings per share will exceed 100. 0p.
StanChart posts 'strong' first half, confident on full-year outlook
StanChart shares jumped at the end of the week after delivering what the lender itself labelled a "strong" set of first half figures, announced a new $500m share buyback programme and expressed confidence on its full-year targets.
Pershing Square plans $200,000 share buyback
Investment firm Pershing Square intends to launch an additional share buyback programme for $200,000 of the group's outstanding public shares on the London Stock Exchange and Euronext Amsterdam.
Rightmove sees 'broadly stable' market as interim profits rise
UK property portal Rightmove on Friday reported a rise in interim profits despite a cooling in the housing market.
Croda H1 profits surge amid sales growth, margin expansion
Chemicals company Croda International said on Friday that profits had surged in the six months ended 30 June, driven by improved interim sales and margins.
AstraZeneca raises FY revenue guidance, IAG returns to profit in Q2
London pre-open The FTSE 100 was being called to open 25. 2 points higher ahead of the bell on Friday after the index closed just 0. 04% lower in the previous session at 7,345. 25.
HICL Infrastructure unlocks £330m accordion within RCF
Infrastructure investor HICL Infrastructure said on Friday that it had successfully activated a £330. 0m accordion within its revolving credit facility, increasing its overall short-term credit facilities to £730. 0m.
Friday newspaper round-up: Liz Truss, Taiwan, Russia
Ben Wallace has endorsed Liz Truss for the Tory leadership and said she is the “only candidate” with the experience to lead the nation from day one in the job. Writing in The Times, the defence secretary said that he was backing Truss because she is “straight and means what she says”. “Liz Truss is a winner not because she’s a slick salesperson but because she is authentic,” he adds. - The Times.
Aston Martin losses widen as supply chain issues hit production
UK luxury sportscar maker Aston Martin said first-half losses had widened as supply chain constraints hit production.
Intertek to acquire independent quality assurance provider Clean Energy Associates
Quality assurance group Intertek has agreed to acquire solar energy and energy storage sector services provider Clean Energy Associates as part of an effort to expand its end-to-end sustainability offering.
AstraZeneca raises FY revenue guidance, names new chairman
Drugmaker AstraZeneca raised full-year revenue guidance on Friday as it provided details of its "strong" first trading half and announced that Michel Demaré would take over as the group's chairman in April 2023.