Company News
Online sales boost Quiz revenues
Fast-fashion brand Quiz reported a 12% increase in full-year revenue on Thursday as it said it will continue to "work productively" with Debenhams.
Intu Properties appoints Barbara Giddes as interim CFO
Shopping centre owner Intu Properties has appointed director of finance Barbara Gibbes as its interim chief financial officer with effect from 29 April.
CyanConnode revenues set to 'significantly exceed' prior year tally
Radiofrequency networks specialist CyanConnode expects its full-year revenues to "significantly exceed" their prior year mark.
Trackwise swings to profit as IHT revenues soar
Trackwise Designs' shares climbed on Thursday as the business swung to an annual profit following revenue growth, driven by the success of its Improved Harness Technology (IHT).
WH Smith revenues boosted by travel segment
WH Smith posted a jump in interim revenue on Thursday thanks to a strong performance from its travel division, but profit was dented by costs related to the acquisition of US airport retailer InMotion.
Scapa delivers record profits as revenues top £300m
Adhesives manufacturer Scapa reached a milestone of more than £300m in revenue and delivered record profits in its last trading year.
Ten Lifestyle appoints Alan Donald as CFO
Lifestyle and travel platform Ten Lifestyle Group named former Thomas Cook finance director Alan Donald as its next chief financial officer on Thursday.
IP Group cheers progress with Diurnal's Chronocort treatment
Intellectual property-based business investor and developer IP Group reported on Thursday that its portfolio company Diurnal Group had received formal scientific advice from the European Medicines Agency confirming the current clinical and regulatory path for ‘Chronocort’ as a treatment for adults with congenital adrenal hyperplasia (CAH).
Syncona confirms merger of its Gyroscope and Orbit businesses
Healthcare investment company Syncona announced the merger of its companies Gyroscope Therapeutics - an ophthalmology company developing genetically defined therapies for retinal diseases - and specialist subretinal therapeutic medical device company Orbit Biomedical on Thursday.
Fresnillo Q1 production slightly lower than expectations
First-quarter production at Fresnillo was slightly lower than forecasts but the company maintained full year guidance on expectations of higher second-half output.
Pennon's South West Water receives draft determination for next regulatory period
Pennon Group confirmed on Thursday that the water industry regulator Ofwat has published a draft determination for its South West Water operation, following its announcement on 31 January that its 2020-2025 business plan had been assessed as ‘fast tracked.
Man Group sees decent improvement in funds under management
Man Group reported a 4% improvement in funds under management in the quarter ended 31 March on Thursday, to $112. 3bn, compared to $108. 5bn at the end of December.
Long-time finance director appointed new Ted Baker CEO
Fashion group Ted Baker announced the appointment of Lindsay Page as its new chief executive officer on Thursday, with immediate effect.
Grafton buys Polvo of Netherlands for €131m
DIY group Grafton on Thursday said it was buying Polvo of the Netherlands from the privately owned Pallieter Group for €131m (£112m).