Company News
Gama Aviation CFO stands down
Aviation services group Gama Aviation revealed that chief financial officer David Stickland had stood down from the board on Wednesday, with immediate effect.
Ashtead nets Electrocomponents boss for non-executive director role
Ashtead Group on Wednesday appointed Electrocomponents chief executive Lindsley Ruth as a non-executive director with immediate effect.
IWG revenue growth driven by strong European performance
IWG, formerly known as Regus, on Wednesday reported strong first quarter revenue following double-digit revenue growth in the Americas, Asia Pacific and EMEA, with the company also reporting "strong momentum" in its strategic partnership approach.
Rank Q3 revenues flat; chairman to step down in October
Casino and bingo hall operator Rank Group on Wednesday reported flat third quarter like-for-like revenue, with sales up 1% as chairman Ian Burke said he would stand down after the company's annual meeting in October.
LSE Group total income rises as it deals with 'challenging' market
London Stock Exchange Group reported “good” overall income performance in its first quarter on Wednesday, against a “challenging” market backdrop, with total income up 5% year-on-year to £546m.
Inmarsat swings to loss, cites takeover costs
Satellite telecommunications company Inmarsat posted a 12. 9% drop in first-quarter earnings on Wednesday and said it swung to a pre-tax loss, but reiterated its future guidance.
Persimmon forward sales revenue falls on lower reservations
House builder Persimmon said forward sales revenue fell to £2. 7bn from £2. 8bn on the back of lower reservations in the year to date, adding that building costs would rise by 4%.