Company News
Friday preview: US producer prices, UK GDP in the spotlight
Inflation trends in the States would continue to be the main focus for investors at the end of the week.
Director dealings: Hiscox chair invests, Origin non-exec transfers shares
Hiscox was at the top of the list of director buys on Thursday, after its chairman picked up 20,000 shares on the open market.
U.S. drives strong 1H topline growth at Entain, expects to settle with HMRC
Entain reported a big jump in the company's top line for the half driven by strong growth in the U. S.
OSB Group posts 'disappointing' 1H numbers
OSB Group posted a "disappointing" set of first half results.
Lancashire reports strong momentum in second quarter
Lancashire Holdings detailed a promising upward trajectory in its second-quarter earnings on Thursday.
TBC Bank reports bumper 1H profits on strong economic growth
TBC reported bumper profits for the first half of the year thanks to strong growth in Georgia and Uzbekistan.
Syncona reports slight dip in net assets
Healthcare investor Syncona reported a slight dip in net assets in its quarterly update on Thursday, to £1. 24bn, down from £1. 26bn at the end of March.
Savills paints gloomy outlook as profits drop 72%
Real estate advisor Savills said it is cutting its forecasts for the financial year after a tough first half which saw profits sink 72%.
Network International posts big increase in 1H sales and free cash flow
Network International posted big increases both on its topline and in free cash flow for the half.
Capita to offload travel and events division
Capita confirmed its decision to offload its travel and events divisions, Agiito and Evolvi, to Clarity Travel on Thursday in a deal valued at £36. 5m.
Derwent London reports second-best first half for lettings
Property investor and developer Derwent London said on Thursday that in the first half of 2023, it secured lettings amounting to £19. 3m, covering a total space of 228,000 square feet.
Watches of Switzerland Group posts in line Q1 sales, reiterates guidance
Watches of Switzerland Group posted in line first quarter sales and reiterated its full-year guidance amid "robust" demand for luxury watches.
Beazley CFO announces exit
Beazley announced on Thursday that its chief financial officer Sally Lake is to leave the company next year, just two weeks after the company delivered an impressive set of results for the first half.
Spirax-Sarco finishes first half about as expected
Spirax-Sarco Engineering presented a first-half performance broadly in line with expectations on Thursday, showing a mixture of gains and challenges across its sectors.
Persimmon posts sharp drop in 1H profit
Persimmon said that it was on track to meet expectations for full-year profit, despite higher mortgage rates, the removal of Help-to-Buy and "significant" market uncertainty.
Antofagasta reports decent first-half growth
Copper-focussed miner Antofagasta reported significant first-half growth and progress in various sectors on Thursday, with revenue rising 14. 3% year-on-year to $2. 89bn.