Company News
TP Group shrinks loss to nil as it integrates acquisitions
Engineering and support services firm TP Group announced revenue ahead of forecast in its audited results on Tuesday, with the total rising 40% to £39. 0m, which it said was underpinned by “strong” customer momentum.
Rotala's progress down to acquisition strategy, says chairman
Rotala's shares inched upwards on Tuesday after revenue and profits climbed, largely courtesy of a newly acquired fleet and a newly integrated airport shuttle bus business.
Acquisitions help to boost growth at Belvoir Lettings
Property franchise group Belvoir Lettings announced a 21% improvement in group revenue in its preliminary results on Tuesday, to £13. 7m.
Berenberg backs easyJet on more realistic valuation
Berenberg has upgraded its rating on easyJet, just a day after the budget carrier warned that the uncertainty surrounding Brexit and the economy was hurting demand.
Oncimmune strengthens scientific board with addition of Parag Mallick
Immunodiagnostics company Oncimmune Holdings announced the appointment of Dr Parag Mallick - an associate professor of radiology at Stanford University - to its scientific board on Tuesday.
Pittards profit remains stable as revenue slips
Specialist producer of technically-advanced leather and luxury goods Pittards announced its results for the year ended 31 December on Tuesday, reporting a fall in revenue to £28. 5m, from £30. 3m.
EMIS Group offloads specialist and care segment for £14.9m
Healthcare software and services provider EMIS Group has completed the disposal of its non-core specialist and care segment to Northgate Public Services UK, it announced on Tuesday.
Billionaire Philip Day makes move for embattled Bonmarche
Retail billionaire Philip Day has offered to buy Bonmarche for about £5. 7m after purchasing more than half the struggling fashion chain’s shares.
International PPL to take 100pc stake in German train company
International Public Partnerships has entered into a sale and purchase agreement to acquire a further 51% shareholding in BeNEX from Hamburger Hochbahn (HHA) - the City of Hamburg's municipal public transportation company - it announced on Tuesday.
D4T4 finance head steps down
Data solutions provider D4T4 Solutions' chief financial officer Carmel Warren will step down from the company to take a career break and pursue other opportunities.
Next Fifteen's profits benefit from UK success
Next Fifteen Communications on Tuesday reported strong annual profit and revenue growth following an "exceptionally strong" performance in the UK.
Wizz Air load factors rise as it takes delivery of next-generation Airbus planes
Wizz Air Holdings once again saw sizeable improvements in its capacity and passenger numbers in March, reporting a 2. 6 percentage point year-on-year rise in its load factor for the month, to 94. 1%.
New Bank of Georgia CEO shuffles up management team
Bank of Georgia Group announced a number changes and appointments to the executive management team of its bank operation, JSC Bank of Georgia, on Tuesday, which were set to take effect from 1 May.
Intercede returns to profit as US government order bolsters revenues
Digital and identity specialist Intercede has secured a $4. 3m order from the US Federal Government, pushing the group's full-year revenues ahead of market expectations.
Hydrogen Group's profits climb following international growth
Hydrogen Group's shares climbed on Tuesday after a jump in revenues and Net Fee Income saw the company swing to an annual profit.
Taptica switches out CEO as RhythmOne underperforms
Advertising technologies outfit Taptica has appointed Matomy Media founder Ofer Druker as its next chief executive following a weaker than expected trading year for RhythmOne.
Playtech hires Massion and Krumins as non-executive directors
Playtech has appointed two non-executive directors as part of a push to bring in new faces with the right experience to its board.
Provident Financial Group questions NSF's track record
Provident Financial group has called into question the merits of the recent hostile takeover bid launched by rival sub-prime lender NSF, including by questioning the company's track record on dividend payouts and distributions.
Serco awarded $82m task order with US Air Force
Serco Group has been awarded a new task order by the US Air Force to manage, configure, deploy, sustain, and enhance ‘NexGen IT’ solutions for US Air Force Civil Engineering.
Workspace CEO Jamie Hopkins quits for personal reasons
Workspace is looking for a new boss following chief executive Jamie Hopkins's decision to quit after seven years leading the office developer.