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Learnings Technologies H1 revenues down, EBITDA up
Digital learning specialist Learning Technologies warned on Wednesday that its core market remained "subdued" during H1 but said margin improvements helped boost earnings throughout the period.
UK private sector expands as new business growth accelerates
Private-sector activity in the UK has expanded for the ninth straight month, with new business growth at its highest level in more than a year, according to the composite purchasing managers' index (PMI) released on Wednesday by S&P Global.
Asia report: Markets follow Wall Street into the red
Asia-Pacific markets faced declines on Wednesday as investors evaluated business activity data from Japan and Australia.
Aston Martin flags big second-half recovery in interim results
Shares in Aston Martin Lagonda were in the green on Wednesday morning, after it reiterated its 2024 guidance in its half-year results, including positive free cash flow in the second half.
Alfa Financial Software confident after decent first-half
Alfa Financial Software said in an update on Wednesday that during the second quarter, it continued a strong operational performance, with six customer deliveries building on the seven deliveries from the first quarter.
Greencoat UK Wind pleased with 'resilient' first half
Wind farm-focussed infrastructure fund Greencoat UK Wind said in its half-year results on Wednesday that its investments generated 2,654 GWh of renewable electricity in the first half of the year.
Primary Health Properties adjusted earnings rise, asset value narrows
Primary Health Properties reported a 2. 9% increase in adjusted earnings per share in its interim results on Wednesday, now at 3. 5p, compared to 3. 4p for the same period in 2023.
Berenberg raises target price on Volution
Over at Berenberg, analysts hiked their target price on ventilation equipment business Volution to 600. 0p from 500. 0p on Wednesday following the group's full-year trading update.
LBG Media H1 earnings more than double YOY
Digital entertainment business LBG Media said on Wednesday that both earnings and revenues had surged in the six months ended 30 June, leaving it confident of its ability to meet full-year expectations.
Euro area PMIs show private sector nearly stagnated in July
Activity in the euro area's private sector nearly stalled by surprise in July, the results of two closely followed surveys showed, with growth in France and Germany underperforming.
Canaccord Genuity lowers target price on Nexteq
Analysts at Canaccord Genuity lowered their target price on B2B technology group Nexteq from 300. 0p to 200. 0p on Wednesday despite "strong margins and cash", noting that destocking persisted.
Corero Network Security expects positive H1 EBITDA performance
Software specialist Corero Network Security expects to report a positive EBITDA performance for H1 following "strong trading" throughout the period.
Shield Therapeutics net sales grow in Q2, CEO stands down
Commercial-stage pharmaceutical company Shield Therapeutics said on Wednesday that total net sales had grown in Q2, driven by "robust" increases in prescriptions and higher net selling prices.
London open: FTSE 100 at three-week low ahead of data
UK stocks were trading at their lowest levels in three weeks on Wednesday morning as investors digested a wave of disappointing corporate earnings from Wall Street overnight and awaited a flurry of economic data.
Volution hikes earnings expectations ahead of year-end
Air quality technology designer and manufacturer Volution upgraded its expectations for the financial year about to end on Wednesday, anticipating adjusted earnings per share to be slightly ahead of current market forecasts, driven by strong performance in the UK residential sector.
Grainger acquires £31m build-to-rent asset in Manchester
Listed residential landlord Grainger announced the acquisition of The Astley, a £31m build-to-rent asset in Manchester, on Wednesday.
Hochschild Mining reports robust first-half production
Hochschild Mining reported robust first-half production numbers and a solid financial position in an update on Wednesday, having produced 103,752 ounces of gold and 4. 1 million ounces of silver, amounting to 152,792 gold equivalent ounces and 12. 7 million silver equivalent ounces.
RHI Magnesita revenue stable amid challenging market
Refractory products specialist RHI Magnesita reported stable revenue and resilient margins in its half-year results on Wednesday, despite a challenging demand environment.
Fresnillo says on track to meet FY guidance
Gold and silver miner Fresnillo said it was on track to meet full year guidance after strong second quarter production.
German consumer sentiment hits two-year high
Consumer sentiment in Germany has risen to its highest level in more than two years, according to a closely watched survey from GfK and the Nuremberg Institute for Market Decisions (NIM), as income expectations and the economic outlook improved significantly.