Company News
Thursday preview: German manufacturing, UK retail sales in the spotlight
The spotlight on Thursday will shift across the Channel, with investors waiting on the latest reading for IHS Markit's closely-followed manufacturing and services sector Purchasing Managers' indices covering the month of April.
Quilter AuM rise amid equity markets rebound
Financial services company Quilter reported a rise in first-quarter assets under management on Wednesday.
Tiger Resource sells off Block Energy shares
Tiger Resource said on Wednesday that it has sold off 625,000 shares in Block Energy, realising net proceeds of just over £64,000 which will be used as general working capital and to target new investments in the natural resource sector.
Serica Energy gushes higher as output runs ahead of forecasts, cash piles up
Serica Energy's shares leapt on Wednesday after acquisitions and the resumption of key operations led to a jump in annual revenue and profits, with output from the former running ahead of expectations.
PowerHouse Energy nets first revenue generating contract
PowerHouse Energy's (PHE) shares climbed on Wednesday after it signed its first revenue generating contract to provide planning and engineering design services to its exclusive partner, Waste2Tricity Limited.
EU suggests tariffs on $20bn worth of US imports in Boeing row
The European Commission published a list on Wednesday of $20bn worth of US imports that could be hit with tariffs in response to US subsidies to aircraft manufacturer Boeing.
Zoo Digital reports flat earnings despite slightly improved revenues
Cloud-based localisation and distribution service Zoo Digital expects group revenues to be in line with expectations at $29m, up from the $28. 5m recorded last year, on the back of 5% growth in total localisation revenues to $22. 6m despite strong comparatives.
Learning Technologies acquires HR software outfit Breezy
E-learning and talent management business Learning Technologies acquired software outfit Breezy HR on Wednesday.
Mediclinic climbs on revenue growth amid 'challenging' conditions
Mediclinic International shares jumped after the company posted higher full-year revenues in its Swiss, Southern African and Middle Eastern businesses, though Spire Healthcare's performance dampened spirits on the back of an 'unprecedented' decline in NHS revenue.
Enteq says profits 'materially ahead of expectations', ups guidance again
Oilfield services outfit Enteq saw better than anticipated trading in the tail end of the financial year, with earnings now expected to top previous estimates.
Fusion Antibodies revenues soar in strong second half
Pharmaceutical research outfit Fusion Antibodies reported a strong second half on Wednesday, driven by a significant increase in orders.
Omega Diagnostics revenues slip after disposals
Omega Diagnostics on Wednesday reported that annual revenues dropped following the sale and closure of the company's Omega GmbH and its infectious disease business unit.
Dart Group forecasts profits 'slightly' ahead of expectations
Aviation and distribution outfit Dart Group said it expected full-year pre-tax profits to be slightly ahead of market expectations.
Telecom Plus shares fall after profit warning on price cap impact
Utility supplier Telecom Plus on Wednesday warned that full year profit would be lower-than-expected as the UK government's price cap hit results in the final quarter.
Bunzl revenue growth slows in Q1 as North America weighs
Distribution and outsourcing group Bunzl said on Wednesday that underlying revenue growth slowed in the first quarter, mostly due to its North America operations, as it announced the recent acquisition of Netherlands-based distributor Coolpack.
Pendragon launches review as it posts loss amid 'challenging' conditions
Car dealership Pendragon said on Wednesday that it had launched a review of its operations and financial prospects as it reported a loss for the three months to the end of March 2019.
Segro says business continued to perform well during first quarter
Property developer Segro told shareholders on Wednesday that the business "continued to perform well" during the first quarter.
Hunting Q1 profits up despite lower margins at Titan
Oilfield services firm Hunting on Wednesday said first-quarter core profit was in line with expectations although margins fell at the US Titan unit due to increased competition.
Countryside Properties on track for full year; COO steps down
Housebuilder Countryside Properties said on Wednesday that it was on track to deliver full-year results in line with expectations as it posted a 43% jump in first-half completions and announced the departure of its chief operating officer.
DS Smith to sell two packaging firms to Intl Paper for €63m
DS Smith said it had reached agreement for the proposed sale of two packaging businesses in North Western France and Portugal to International Paper €63m (£54m).