Company News
Dechra warns on profits after volatile third quarter
Animal health specialist Dechra Pharmaceuticals issued a profit warning on Monday morning, saying that the trading environment since January had been more volatile and challenging than it previously expected.
Vector Capital trading well in 'year of consolidation'
Commercial lending specialist Vector Capital said in an update on Monday that its loan book stood at £48. 6m at the end of March, with an average balance of £51 million over the three month period.
Ryanair swings back to profit amid recovery in travel demand
Low-cost airline Ryanair said in its full-year results on Monday that, despite a loss of €154m (£133. 87m) in the fourth quarter, it still swung to a full-year profit after tax of €1. 43bn, from the prior year's loss of €355m.
888 to sell Latvia business for up to €28.3m
William Hill owner 888 Holdings said on Monday that it has agreed to sell its Latvian business for up to €28. 3m (£24. 6m) as it looks to focus on core and growth markets.
UK govt cuts stake in NatWest via £1.26bn buyback
The UK government has cut its stake in NatWest Group to 38. 6% via £1. 26bn off-market buyback deal.
Kainos FY profits, revenue rise amid 'robust' demand
Software firm Kainos reported a jump in full-year profit and revenue on Monday amid "robust" underlying demand.
Johnson Matthey signs three-year supply agreement with Norway’s Hystar
Johnson Matthey said on Monday that it has signed a three-year strategic supply agreement with Hystar, a Norwegian high-tech hydrogen company, to ramp up renewable hydrogen production.
Wise CFO to step down
The chief financial officer of Wise on Monday said he planned to leave the fintech just days after its chief executive announced he would be taking a leave of absence.