Company News
Friday preview: US inflation data, UK retail sales figures in focus
All eyes at the end of the week would continue to be trained on the debt ceiling negotiations in the States.
Capita named preferred bidder on contracts worth £565m
Capita has been selected as preferred bidder to deliver new services designed to assess how much people should be paid in benefits.
Director dealings: British Land CEO sells down, Ashley settles more Frasers options
Frasers Group was once again on both sides of the ledger on Thursday, after Mike Ashley exercised and settled a number of put options, and purchased further derivatives.
Actual Experience extends relationship with Defra
Analytics-as-a-service provider Actual Experience announced an extension of its relationship with the UK Department for Environment, Food and Rural Affairs (Defra) on Thursday, in partnership with Vodafone.
AI and machine learning added to dotDigital platform
Marketing automation technology company dotDigital announced a range of upgrades to its Customer Experience and Data Platform (CXDP) on Thursday, including the integration of advanced artificial intelligence (AI) and machine learning capabilities.
Gamma ropes in Softcat's Hellawell as its next chair
Gamma Communications announced the appointment of Martin Hellawell as chair and non-executive director of the board on Thursday, effective from 1 July.
EMIS reports strong adjusted growth, extends acquisition timeline
Healthcare software and technology specialist EMIS Group reported total revenue of £175. 4m in its preliminary results on Thursday - a 4% increase year-on-year.
Currency headwinds to impact Alliance Pharma profits
Consumer healthcare company Alliance Pharma said in an update on Thursday that sales for the first four months of the year were ahead of the equivalent period in 2022, although it warned that currency headwinds looked set to impact full-year profits.
Tate & Lyle profits surge on higher prices
Food and beverage maker Tate & Lyle posted a surge in annual profits and sales, driven by higher prices on the back of soaring inflation.
Headlam warns of weak residential sector despite revenue rise
Floorcoverings distributor Headlam reported a robust revenue performance in the first four months of the year on Thursday, amid ongoing market share gains.
Sabre Insurance confident as motor business meets forecasts
Sabre Insurance Group updated the market on its trading in the first four months of the year on Thursday, with gross written premium in the motor insurance segment rising to £47. 9m, compared to £45. 2m in 2022.
United Utilities revenue, profit fall in line with guidance
United Utilities reported a 2% decrease in revenue in its final results on Thursday, to £1. 82bn, in line with its guidance.
LSEG CFO to step down
London Stock Exchange Group's chief financial officer Anna Manz is stepping down next year to take a similar position outside the financial industry, the company said on Thursday.
Young's confident in year ahead after 'robust' final results
Pub operator Young & Co's reported a “robust” performance in its final results on Thursday, with full-year revenue up 19. 4% to £368. 9m.
Renewi resilient amid tough pricing environment
Waste-to-product specialist Renewi said in its preliminary results on Thursday that, despite challenges including lower recyclate prices, reduced volumes and high inflation, it achieved a resilient financial performance in the year ended 31 March.
Fevertree backs FY guidance after 'good start' to year
Posh tonic maker Fevertree Drinks backed its full-year guidance on Thursday following a "good start" to the year.
Pets at Home hails record FY performance
Pets at Home announced a further £50m share buyback on Thursday as it hailed a record full-year performance, posting a jump in underlying pre-tax profit and revenue.
Vanquis Bank trading in line
Consumer finance company Vanquis Banking Group said it was trading in line with expectations despite the cost-of-living crisis squeezing household finances.
AJ Bell interim profits rise 61%
AJ Bell reported a rise in interim profits and revenue on Thursday as customer numbers and assets under administration grew.
Qinetiq posts rise in FY profit, upgrades long-term guidance
Qinetiq upgraded its long-term guidance on Thursday as it reported a rise in full-year profit and revenue amid record orders.