Company News
Bank of Georgia reports strong rise in first-quarter income
Bank of Georgia Group reported a significant increase in first-quarter operating income on Wednesday, as well as robust bottom-line growth, and strong asset quality.
Auction Technology reports significant first-half growth
Auction Technology Group (ATG) reported significant first-half growth on Wednesday, with revenue rising 17% to £67. 3m.
Strong dollar helps boost revenues at TP ICAP
TP ICAP Group reported a jump in quarterly revenues on Wednesday, boosted by the strong dollar.
Ninety One AuM decline in year of 'significant headwinds'
Ninety One reported a decline in full-year assets under management on Wednesday, saying it had been "a year of significant headwinds".
Conduit Holdings posts jump in Q1 gross premiums written
Conduit Holdings reported a jump in first-quarter gross premiums written on Wednesday as it struck an upbeat note on the outlook.
Experian adopts cautious outlook, shares fall
Shares in Experian fell sharply on Wednesday after the data services firm reported lower full-year profits and adopted a more cautious approach to the current year.
AstraZeneca reports positive results in latest lung cancer trials
AstraZeneca said on Wednesday that its ‘FLAURA2’ phase three trial had yielded positive high-level results, demonstrating the potential of ‘Tagrisso’, or osimertinib, combined with chemotherapy in lung cancer patients.
Sage Group buoyant after strong first half
Accounting software specialist Sage Group reported a significant increase in underlying recurring revenue in its first half on Wednesday, driven by robust growth in Sage Business Cloud.
Savills first half to be impacted by price corrections
Estate agent Savills said on Wednesday that the first half will be "materially impacted" by "the ongoing recalibration of global investment markets".
Keller profit, cash performance better than expected
Geotechnical specialist contractor Keller said trading in the first four months of the year had been better than expected, both in terms of profit and cash.
British Land portfolio value dented by higher interest rates
British Land said on Wednesday that the value of its portfolio declined in the year to the end of March as higher interest rates had an impact on property yields.
De Beers diamond sales fall on sluggish China recovery
Rough diamond sales at Anglo American's De Beers unit fell to $480m in the fourth cycle of the year compared to $542m in the previous cycle as the Chinese economy rebounded sluggishly, the company said on Wedesday.
Blackstone, Thomson Reuters consortium sells 33m LSE shares
A consortium including Blackstone and Thomson Reuters has sold 33. 3m shares in London Stock Exchange Group in a placing.
Mitchells & Butlers cost outlook improving as H1 profits fall
UK pub group Mitchells & Butlers on Wednesday said its medium-term cost outlook was improving, despite a fall in half-year profits.
Watches of Switzerland hails record FY revenue but warns of Q1 sales drop
Watches of Switzerland hailed a "strong" full-year performance in line with guidance on Wednesday, as it reported record revenue and profitability but warned of an expected sales decline in the first quarter.