Company News
Jadestone Energy revenue soars on production increase
Jadestone Energy on Thursday reported an annual loss, though its revenues more than doubled following an increase in production and on the back of higher oil prices.
Debenhams CEO Sergio Bucher steps down
Debenhams said on Thursday that chief executive officer Sergio Bucher has decided to leave the company following its refinancing.
Canada's Canopy Growth to buy Acreage for $3.4bn
Canadian cannabis company Canopy Growth has agreed to buy US-based Acreage for $3. 4bn when the production and sale of cannabis becomes legal in the US.
Petrofac tumbles after Iraq walks away from contract talks
Petrofac shares tumbled on Thursday on the back of reports that the Iraqi oil ministry had ended negotiations over the Ratawi gas hub.
88 Energy progresses with farm-out discussions
Oil and gas outfit 88 Energy continued its conventional farm-out campaign for its Icewine project during the first quarter of the year, with the deadline for bids extended to 31 January due to demand from multiple parties.
Venture Life climbs as Dentyl acquisition aids revenue growth
Venture Life Group's shares soared on Thursday after the company reported double-digit annual profit and revenue growth following its acquisition of Dentyl.
First Derivatives trades in line following strong second half
IT services management outfit First Derivatives continued to trade strongly in the second half of the financial year, leading the group to reiterate its guidance.
RWS revenues hit record levels
Language support service company RWS performed strongly during the first half of its trading year, with record revenues and improved profits.
Silence Therapeutics makes Rob Quinn permanent CFO
Biotechnology company Silence Therapeutics said it had appointed Rob Quinn to take over as its full-time chief financial officer, effective immediately.
D4T4 revenues set to beat expectations as demand strengthens
Data solutions outfit D4T4 said full-year revenues would come in slightly ahead of expectations, reflecting the strength of the demand for its hybrid analytics cloud solutions.
SimiGon skyrockets after US Defense Dept contract win
Shares in SimiGon leapt on Thursday after it signed a blanket purchase agreement (BPA) with the US Department of Defense (DoD) Enterprise Software Initiative (ESI).
Segro to redeem £250m-worth of bonds
Segro on Thursday gave notice to the holders of £250m-worth of 5. 625% bonds due in 2020 that it will fully redeem all of the loans outstanding on 3 May.
Topps Tiles buys 80% stake in commercial tile supplier Strata
Tile specialist Topps Tiles has bought an 80% stake in Strata, which supplies tiles to the commercial market, in a deal worth £5. 3m that is expected to be earnings-accretive in the current year and beyond.
Funding Circle loans reach record levels, though returns wane
Funding Circle's shares climbed on Thursday after it reported a record level of loans under management during the first quarter, though some analysts remain concerned about the company's business model.
Intu forms JV with Kuwait to develop Derby shopping centre
Real estate investment trust Intu Properties has formed a joint-venture with Cale Street Investments for the development of its Derby shopping centre.
Unilever gets off to stronger than expected start to 2019
Unilever posted stronger than expected growth for the first quarter of the year, driven by emerging markets and an improved balance between volume and price improvements.
Avast Q1 revenue rises, FY outlook reaffirmed
Cybersecurity firm Avast posted a rise in first-quarter revenue on Thursday as it reaffirmed its full-year outlook.
BTG reports full year product sales ahead of guidance
International healthcare company BTG on Thursday said full year product sales were at the upper end of expectations, with pharmaceuticals delivering double-digit growth, ahead of guidance.
Rentokil revenues rise as pest control, acquisitions lend a hand
Rentokil reported a rise in first-quarter organic growth on Thursday, driven by its pest control business and acquisitions, as it said full-year results should be in line with market expectations.
Aveva reports FY double digit revenue growth after strong Q4
Industrial software maker Aveva reported low double-digit revenue growth for the full year as the final quarter continued the positive performance seen in the first nine months of the year.