Company News
Card Factory FY sales surge as shoppers return to stores
Card Factory reported surge in full-year profits on Wednesday as shoppers returned to bricks and mortar stores.
Facebook news changes 'hit Reach sales'
Daily Mirror publisher Reach said revenues fell 6% in the four months to April 23 with the company citing changes in the way social media platform Facebook presented news content.
OSB lifts loan book outlook on higher rates, mortgage demand
Buy-to-let lender OSB Group lifted its full-year outlook for underlying net loan book growth on Wednesday as interest rates and mortgage loan demand both rose.
Flutter hails 'very strong' US performance as Q1 revenue rises
Paddy Power owner Flutter Entertainment hailed a "very strong" US performance on Wednesday as it posted a rise in first-quarter revenues.
Wickes sales slip on bad weather
DIY retailer Wickes said like-for-like sales fell in the 16 weeks to April 22, as bad weather hampered demand for seasonal products.
Watches of Switzerland CFO Bill Floydd to stand down
Watches of Switzerland said on Wednesday that chief financial officer Bill Floydd will be standing down from 12 May by mutual agreement.
TI Fluid Systems Q1 revenue jump
TI Fluid Systems posted a jump in first-quarter revenues on Wednesday as it said it was outperforming markets in all regions.
Johnson Matthey sells Diagnostic Services for £55m
Johnson Matthey announced the sale on Wednesday of Diagnostic Services, a business providing specialised detection, diagnostic, and measurement solutions, to UK-based private equity investor Sullivan Street Partners for £55m in cash.
French pension strikes forced Ryanair to cancel 650 flights in April
Ryanair said strike action by French air traffic controllers forced the budget carrier to ground 650 flights last month affecting 118,000 passengers.
Aston Martin backs FY guidance as Q1 losses narrow
Aston Martin maintained its full-year guidance on Wednesday as it reported a narrowing of its first-quarter losses, with strong growth in deliveries of its sport utility vehicle DBX.
Haleon profits rise but margins squeezed by cost inflation
Profits at consumer health company Haleon on Wednesday came in below expectations as higher costs hit earnings margins.