Company News
Wednesday preview: UK CPI, Goldman Sachs in the spotlight
All eyes on Wednesday would be on the UK consumer price report for the month of June.
Director dealings: Seeing Machines finance chief linked to purchase, HICL director invests
Driver monitoring technology specialist Seeing Machines was on the list of director buys on Tuesday, after an entity linked to its chief financial officer picked up 150,000 of its shares.
Midwich flags robust half-year of trading
Audio-visual distributor Midwich Group reported a robust first-half trading performance on Tuesday, reaching new milestones in revenue and adjusted profit before tax.
Niox Group describes very strong first-half
Asthma diagnosis and management device specialist Niox Group described a strong first-half in a trading update on Tuesday, with revenue growing 22% to around £18. 8m.
PNC Financial cuts net interest income forecasts
PNC Financial Services Group on Tuesday cut annual net interest income forecasts as it reported almost flat net income for the second quarter.
Woolovers in talks to buy Hotter Shoes - report
Privately-owned clothing brand Woolovers is reportedly in talks to buy footwear company Hotter Shoes.
Darktrace in the clear after EY review; sees 31% growth in FY revenue
Darktrace said on Tuesday that an independent review by EY had not flagged any issues not already known to the cybersecurity firm and that it would not impact previous financial statements.
Alliance Pharma reports resilient first-half trading
Alliance Pharma reported see-through revenues of £82. 4m in a first-half trading update on Tuesday, representing a 1. 1% increase year-on-year.
Judges Scientific holds guidance after strong first half
Precision instrument maker Judges Scientific on Tuesday said was confident of meeting annual guidance after strong growth in first half revenue and orders.
Record reports slightly narrower assets under management
Specialist currency and asset manager Record said on Tuesday that during the first quarter of its 2024 fiscal year, it generated performance fees of £0. 5m.
Ocado shares surge as grocer swings to H1 profit
UK online supermarket Ocado held annual guidance after swinging to a core profit in its first half and said its retail earnings would be “marginally positive” for the full year.
Bloomsbury Publishing confirms it's trading in line
Bloomsbury Publishing said in an update on Tuesday that its recent trading had met expectations, maintaining the positive momentum it achieved last year, with year-on-year sales growth of 9%.
Revolution Beauty agrees truce with shareholder Boohoo
Revolution Beauty Group’s bitter war of rhetoric with its major shareholder Boohoo Group looked set to have reached a conclusion on Tuesday, as the two companies reached a settlement agreement following recent discussions.
IntegraFin upbeat on robust June quarter
IntegraFin reported robust flows to its Transact platform in a third-quarter update on Tuesday, as well as an increase in the number of platform clients.
Synthomer reports resilience as demand remains subdued
Specialty chemicals company Synthomer reported resilient trading in an update on Tuesday, despite a tough market amid a depression in customer demand.
Vodafone to get another EUR 500m from Vantage Towers deal
Vodafone Group will receive an additional €500m in proceeds as part of the co-control partnership for Vantage Towers, it announced on Tuesday.
AstraZeneca, Sanofi infant respiratory treatment gets US approval
AstraZeneca and Sanofi's Beyfortus drug has been approved in the US for the prevention of respiratory syncytial virus (RSV) lower respiratory tract disease (LRTD) in newborns and infants, the two companies said on Tuesday.
Just Group first half underpinned by strong annuities market
Just Group backed its expectations for the year on Tuesday as it reported a near doubling of its first-half retirement income sales thanks to a strong annuities market.
Woodside flags delays cost blowout at Senegal development
Energy firm Woodside said its Sangomar development project in Senegal would be delayed after a cost blowout.
Wise holds guidance as Q1 on higher interest rates, customers
London-listed fintech firm Wise held annual guidance after reporting a rise in first-quarter revenue driven by higher customer numbers and interest rates.