Company News
Hilton Food hails strength across all geographies, says Q3 in line
Hilton Food said on Tuesday that it traded in line with management expectations in the third quarter, as it hailed a continued strong performance across all three geographical operating regions.
Balfour Beatty secures Texas highway upgrade contract
Balfour Beatty announced on Tuesday that it has secured a $746m (£575m) contract from the Texas Department of Transportation to rebuild a section of Interstate 35 through Austin.
IWG revenue growth underpinned by managed and franchised segment
International Workplace Group reported a 2% year-on-year revenue increase on a constant currency basis for the third quarter on Tuesday, alongside robust expansion in its managed and franchised segment, which achieved a 19% revenue rise.
TI Fluid Systems revenue falls in third quarter
TI Fluid Systems reported a 2. 9% decline in revenue at constant currency for the first nine months of the year on Tuesday, citing reduced market volumes and economic headwinds in the third quarter, which alone saw a revenue drop of 5. 9%.
Smiths News beats full-year market expectations
Smiths News announced a strong set of full year results on Tuedsay, surpassing market expectations.
Morgan Advanced Materials lowers outlook, launches £40m buyback
Morgan Advanced Materials reported a 3. 8% rise in organic sales for the first nine months of 2024 on Tuesday, driven primarily by strong demand in its performance carbon segment, which saw a 12. 6% increase.
CMA says Vodafone-Three merger could proceed with remedies
The Competition and Markets Authority (CMA) provisionally indicated that the proposed merger between Vodafone and Three could move forward on Tuesday, if the companies implemented significant network investments and customer safeguards.
Schroders Q3 outflows reach £2.3bn despite record AuM
Schroders reported a record high in assets under management on Tuesday, reaching £777. 4bn as of 30 September, although large third-quarter outflows took the shine off the news.
TP ICAP posts record third-quarter revenue
Interdealer broker TP ICAP reported record third-quarter revenue on Tuesday following strong performances in its Global Broking and Liquidnet businesses.
Asos FY losses widen but outlook upbeat
Online fashion retailer Asos reported a widening of its full-year losses on Tuesday as revenue slumped but insisted that things were looking up after two years implementing its transformation plan.
Weir reaffirms guidance after strong third quarter
Weir Group reaffirmed its full-year guidance after reporting a robust third-quarter performance on Tuesday, citing increased demand in both greenfield and brownfield mining projects.
AB Foods FY profits jump, special dividend declared
Primark owner Associated British Foods posted a 33% jump in full-year adjusted pre-tax profit on Tuesday, with revenue growth in both the retail and food businesses, as it announced a special dividend.
Director dealings: Science Group executive chairman raises stake
Science Group revealed on Monday that executive chair Martyn Ratcliffe had acquired 10,000 ordinary shares in the AIM-listed science and technology consultancy business.
Synectics wins further contracts with National Grid
Security and surveillance systems business Synectics has been awarded further contracts as part of a framework agreement with National Grid.
Futura Medical reports progress with R&D pipeline
Futura Medical announced encouraging progress in its product development pipeline on Monday, with successful proof-of-concept results for two new treatments addressing sexual dysfunction.
IMI appoints Luke Grant as CFO
Birmingham-based engineer IMI said on Monday that it has appointed Luke Grant as chief financial officer and executive director with effect from 25 July 2025.
Thames Water creditors seek support for £1.5bn rescue fund
A coalition of Thames Water’s creditors was reported to be seeking additional investors to support a £1. 5bn rescue fund on Monday, aimed at stabilising the troubled water utility and sustaining its operations through to next October.
Zahawi reportedly helping Dovid Efune in £550m Telegraph bid
Former Conservative chancellor Nadhim Zahawi is actively engaged in efforts to support a £550m takeover of the Daily and Sunday Telegraph led by Dovid Efune, a New York-based media investor and current proprietor of the New York Sun, it was reported on Monday.
DSW Capital acquires DR Solicitors for £6.1m
DSW Capital announced the acquisition of DR Solicitors for £6. 1m on Monday, marking a transformative and earnings-enhancing move for the group.
Aura Energy appoints Mauritania country manager
Aura Energy announced the appointment of Mohamed El Moctar Mohamed El Hacene as its new country manager for Mauritania on Monday, overseeing its operations within the country, including the Tiris Uranium Project.