Company News
Marks Electrical reaches new full-year revenue record
Online electricals retailer Marks Electrical reported record-breaking full-year revenue of £97. 8m in its preliminary results on Wednesday, up 21. 5% from the prior year's revenue of £80. 5m.
Motorpoint swings to loss despite record revenue
Used vehicle retailer Motorpoint reported record revenue of £1. 44bn in its final results on Wednesday, up from £1. 32bn year-on-year.
Shaftesbury Capital upbeat on post-merger portfolio performance
Shaftesbury Capital - the result of the merger between Capital & Counties Properties and Shaftesbury - reported strong demand across all sectors in a trading update on Wednesday, with 173 leasing transactions concluded, surpassing the estimated rental value (ERV) of £11. 4m as at 31 December.
Robert Walters FY profit to miss market views, shares tumble
Robert Walters tumbled on Wednesday after the recruiter warned that full-year profit was set to be "significantly" lower than current market expectations, as it reported a drop in net fee income.
Entain raises £600m in placing to help fund Polish betting firm acquisition
Entain tumbled on Wednesday after it raised around £600m in a discounted placing and retail offer, part of which will be used to help fund the acquisition of Polish sports betting operator STS Holdings, and the remainder to fund near-term acquisitions.
Safestore revenues rise on strong storage rates
Safestore reported a rise in half-year revenues, driven by strong storage rates and demand, despite a fall in profits due to a lower gain in investment properties.
Games Workshop sees annual profit rise to at least £170m
Games Workshop said it expected to post increased annual profit of at least £170m, up from £157m a year ago, driven by a strong rise in revenue and licensing income.