Company News
Trifast confident on prospects after 'disappointing' year
Industrial fastening specialist Trifast said in an update on Wednesday that revenue for the 2023 financial year was set to total around £245m, representing organic growth of 7% at constant currency.
Unikmind acquires another 12 million Kape shares
Unikmind updated the market on its increased and final cash offer for ExpressVPN owner Kape Technologies on Wednesday.
Yellow Cake describes strong first quarter as uranium prices rise
Specialist uranium investor Yellow Cake said in an update on Wednesday that its estimated net asset value per share increased 2% over the first quarter, to £4. 23 per share as at 31 March from £4. 15 per share on 31 December.
Brickability upbeat after strong final quarter
Construction materials distributor Brickability Group reported a strong final quarter performance in a trading update on Wednesday, with all business divisions performing well despite an uncertain macroeconomic environment.
Acquisitions underpin full-year growth for Learning Technologies
Digital learning and talent management company Learning Technologies Group reported growth in its full-year results on Wednesday, with revenue more-than-doubling to £596. 9m, and adjusted EBIT of £100. 9m.
Smith & Nephew Q1 revenues grow, reiterates FY guidance
Medical equipment manufacturer Smith & Nephew reiterated its full-year guidance on Wednesday after seeing revenues improve in the first quarter.
Fresnillo posts decent first-quarter production figures
Fresnillo reported a 5. 1% increase in quarterly attributable silver production for the first quarter of 2023, totaling 13. 1 million ounces, including Silverstream.
Man Group assets under management tick up in Q1
Man Group posted an uptick in first-quarter assets under management on Wednesday.
GSK Q1 beats estimates
GSK first quarter profits and revenue both beat expectations driven by its shingles and meningitis treatments, among others.
CRH first-quarter sales, EBITDA ahead of prior year
Building materials company CRH reported a "positive" start to the year on Wednesday as it said that first-quarter sales and EBITDA were ahead of the previous year amid solid demand.
Harbour Energy reports oil find at Kan-1 well
Harbour Energy has reported an oil discovery from the Kan-1 exploration well off Mexico, in which it has a 30% interest.
Bunzl sees annual revenue slightly ahead of expectations
International distribution specialist Bunzl said it expected annual revenue and operating margin to be slightly ahead of forecasts as it reported a rise in first-quarter sales of 8. 4%.
StanChart Q1 profits surge on higher interest rates
Standard Chartered posted better-than-expected profits driven by higher interest rates and forecast annual earnings at the top end of guidance.