Company News
TP Group scores MoD contract extensions
TP Group was on Thursday awarded two contract extensions worth a combined value of approximately £1. 4m to its existing work within the space engineering sector for the Ministry of Defence (MoD).
IMImobile revenue and earnings top expectations
Communications software and solutions provider IMImobile generated more revenue and profit than expected in the past 12 months.
Wynnstay Properties' portfolio gains £771,000 in value
Property investment and development company Wynnstay saw its investment portfolio gain in value over the last nine months.
Smart Metering Systems' revenues rise to almost £100m
Smart Metering Systems (SMS) on Thursday reported an increase in annual revenues, though statutory profits dropped as exceptional items soared.
Finncap tops expectations in uncertain political and economic climate
Broker Finncap expects to report a trading performance slightly ahead of market expectations for the 11 months ended 31 March despite the uncertain political and economic climate in the UK.
Entertainment One trots to new all-time high after 'solid' year
The growing popularity of its porcine TV star in China and the completion of a turnaround at the film division produced fatter annual profits for Entertainment One, sending its shares to a new all-time high on Thursday morning.
HSS Hire narrows losses amid cost cuts, revenue growth
Tools and equipment hire company HSS Hire reported a narrowing of its full-year pre-tax losses on Thursday amid cost cuts and revenue growth.
GYG swings to loss amid market 'turbulence'
Global Yachting Group swung to an annual loss as painting and coatings revenues dipped due to "continued turbulence" in the refit market.
Mothercare shares slide as sales continue to fall
Struggling specialist infants and young children-focussed retailer Mothercare was still performing in line with its full-year guidance in its fourth quarter, it said in a trading update on Thursday, with UK like-for-like sales down 8. 8% year-on-year in the period, and down 10. 8% for the full-year.
AO World earnings seen at lower end of expectations, £15m spent on stockpiling
Online electrical goods retailer AO World warned on the Thursday that its full-year adjusted earnings were likely to come in at the lower end of market expectations, as it announced that it has spent £15m on Brexit stockpiling.
Finance chief Matthew Roberts elevated to CEO at Intu Properties
Shopping centre owner and manager Intu Properties announced the appointment of Matthew Roberts as its new chief executive officer on Thursday, with effect from 29 April.
Electrocomponents sees FY profit in line with views after good progress in Q4
Electrocomponents said on Thursday that it is on track to deliver "strong" growth in full-year adjusted pre-tax profit in line with expectations following good progress in the fourth quarter.
HomeServe signals decent profit performance at year-end
Home repairs and improvements provider HomeServe updated the market on its trading following the end of its financial year on Thursday, reporting “another very good year”.