Latest News
30 Jan
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Alfa Financial beats profit forecasts on Q4 sales jump

Asset finance software group Alfa Financial impressed the market with a strong uptick in top-line growth in the fourth quarter, helping profits to beat expectations.

30 Jan
Eurozone economy unexpectedly flatlines in Q4

The eurozone economy flatlined in the final quarter of 2024, according to flash estimates published on Thursday.

30 Jan
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Treatt Q1 revenues in line with expectations, Q2 starts 'well'

Natural extracts and ingredients business Treatt said on Thursday that Q1 revenues were in line with internal expectations and that Q2 had "started well".

30 Jan
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Shell Q4 profits miss expectations but dividend hiked

Oil giant Shell lifted its dividend on Thursday even as it posted a bigger-than-expected drop in fourth-quarter profits.

30 Jan
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Greencore makes 'positive start' to FY25, Q1 revenues up

Convenience food business Greencore said on Thursday that Q1 revenues were up after it made a "positive start to FY25 trading".

30 Jan
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Saga lifts full-year profit expectations

Over-50s specialist Saga lifted its full-year profit expectations on Thursday as it said it had successfully refinanced its corporate debt in full.

30 Jan
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Royal Mail set to axe Sat 2nd class deliveries under Ofcom proposals

Britain's Royal Mail is set to axe Saturday deliveries and provide an alternate-day service for second class letters, under proposals put forward the regulator Ofcom.

30 Jan
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Rank boosts full-year profit guidance

Gambling and gaming operator Rank Group boosted its full-year guidance on Thursday, following strong trading over the Christmas and New Year holidays.

30 Jan
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London open: Stocks nudge up amid corporate deluge; ECB eyed

London stocks nudged up in early trade on Thursday as investors waded through a deluge of corporate news and looked ahead to the latest policy announcement from the European Central Bank.

30 Jan
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German GDP falls 0.2% in Q4

German GDP contracted more than expected in the final three months of 2024, according to flash estimates published on Thursday.

30 Jan
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DiscoverIE FY earnings seen in line with internal expectations

Electronic components manufacturer DiscoverIE said on Thursday that it remains on track to deliver full-year underlying earnings in line with internal expectations.

30 Jan
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Auction Technology Group reiterates guidance after in-line Q1

Online auction marketplace operator Auction Technology Group has maintained its annual guidance after an in-line first-quarter performance.

30 Jan
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Hollywood Bowl makes strong start to year after record Dec sales

Hollywood Bowl said it had made a strong start to the financial year with record revenue in the UK and Canada in December.

30 Jan
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Future appoints Kevin Li Ying as new CEO

Media group Future said on Thursday that it has appointed Kevin Li Ying as its new chief executive officer with effect from 31 March, succeeding Jon Steinberg.

30 Jan
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Serco acquires MT&S business from Northrop Grumman

Public services firm Serco has agreed to acquire Northrop Grumman's mission training and satellite ground network communications software business for $327. 0m in cash.

30 Jan
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Fever-Tree surges on Molson Coors strategic partnership

Shares of Fever-Tree Drinks surged on Thursday as it announced that Coors Light maker Molson Coors will buy an 8. 5% stake in the posh tonic maker for £71m in cash, with the proceeds set to be returned to shareholders via a share buyback programme.

30 Jan
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Glencore hits annual production targets as H2 output picks up

Mining and commodities giant Glencore delivered on its targets for 2024 production volumes on the back of stronger second-half performances from its key commodities.

30 Jan
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Airtel Africa reports solid Q3, launches second $100m buyback

Airtel Africa reported a strong operating performance for the nine months ended 31 December, with revenue growth of 20. 4% in constant currency, although reported revenue was down 5. 8% due to currency devaluations, as it launched a second $100m share buyback.

30 Jan
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BT revenues fall in Q3 amid weaker phone sales

Telecommunications giant BT said on Thursday that Q3 revenues had fallen amid weaker phone sales and a struggling business unit.

30 Jan
UK car production tipped to fall further after 11.8% slump in 2024

UK car and van output was forecast to fall sharply after an 11. 8% slump in production to below one million units in 2024, the industry’s trade body warned on Thursday.