Company News
Rotala profits improve as bus market recovers post-Covid
Bus-focussed passenger transport operator Rotala reported total revenue of £84. 9m in its final results for 2022 on Tuesday, down from £96. 5m in the prior year, but up from £78. 1m in 2020.
Treatt hails record first-half revenues
Ingredients manufacturer Treatt hailed record first-half revenues on Tuesday, with growth across the product portfolio.
Marshalls shares slump on guidance cut as LFL sales fall
Shares in Marshalls slumped on Tuesday as the landscaping and building materials group cut annual guidance on the back of a 14% fall in like-for-like sales, due to lower new house building and continued weakness in private housing maintenance activity.
EnQuest inks deal with Malaysian state energy firm Petronas
Oil and gas producer EnQuest has signed an agreement with Malaysian state-owned energy company Petronas, it announced on Tuesday, on behalf of the PM8 Extension production sharing contract (PSC) parties.
Petards Group revenue, earnings fall in 2022
Security and surveillance technology specialist Petards Group reported total revenues of £10. 87m in its final results on Tuesday, down from £13. 57m in 2021.
De La Rue delays full-year results by a month
De La Rue updated the market on the timing of its results for the year ended 25 March on Tuesday, confirming they would be delayed until late June.
Victrex gross profit rises, macro weakness remains a challenge
Polymer specialist Victrex reported a 1% improvement in first-half revenue in its interim results on Tuesday, to £162. 2m, with gross profit increasing 2% to £86. 7m, although macroeconomic weakness was proving a challenge.
DCC chief executive to step back to address medical condition
Sales, marketing and support services group DCC said on Tuesday that chief executive Donal Murphy will step back from his day-to-day responsibilities for the next few weeks to address a medical condition.
Fresnillo expects minimal impact from Mexico mining law reform
Fresnillo updated the market on Mexico's reformed federal mining law on Tuesday, claiming that its potential impact on current operations and exploration projects would be minimal.
Diversified Energy says Q1 trading in line
Diversified Energy said it was trading in line with expectations after recording average first quarter production of 139 million barrels of oil per day.
Kosmos Energy reports progress in first quarter
Oil and gas explorer and producer Kosmos Energy reported first-quarter net income of $83m on Tuesday, or 17 US cents per diluted share.
Urban Logistics agrees 15 new lettings in Q1
Urban Logistics REIT said it had agreed 15 new lettings in the first quarter, generating £1. 6m of additional rental income.
JD Sports to buy France's Courir in €520m deal
JD Sports said on Tuesday that it has agreed to buy French sportswear retailer Courir in a €520m deal.
AstraZeneca's Farxiga heart failure drug gets extended US approval
AstraZeneca's Farxiga drug has been approved in the US to reduce the risk of cardiovascular death, hospitalisation for heart failure and urgent heart failure visits in adults, the company said on Tuesday.