Company News
Victorian Plumbing FY revenue, profits grow
Bathroom retailer Victorian Plumbing said on Thursday that revenue and profitability had both improved in the twelve months ended 30 September.
Motorpoint delivers stronger performance in Q2
Automotive retailer Motorpoint delivered a stronger quarter-on-quarter performance on Thursday, driven by cost reductions and operational improvements across the group.
Alstom slides after free cash flow warning
Alstom shares tumbled on Thursday after it cautioned that free cash flow was set to turn negative this year due to a rolling stock program delay in the UK and order intake delays.
Ofcom refers UK cloud market to CMA
Ofcom has asked the competition watchdog to investigate the UK cloud market, after it flagged concerns about the dominant position of US giants Amazon and Microsoft.
Unite Group reports strong occupancy, rental growth
Student accommodation operator Unite Group provided an upbeat trading update on Thursday, reporting a robust 99. 7% occupancy rate for the 2023-2024 academic year.
Grainger hails 'year of record delivery'
Residential property business Grainger hailed "another year of record delivery" on Thursday, with an acceleration in both rental growth and sales.
Diversified Energy 'unaware' of reason for recent share price decline
Oil and gas production company Diversified Energy Company said on Thursday that it was "unaware of any operational or company-specific reason" for the recent decline in its share price.
Ferrexpo sees Q3 pellet production jump 17%
Ukraine-focused iron ore miner Ferrexpo reported a big jump in output during its third quarter despite ongoing challenging conditions in the war-torn country.
German exports fall more than expected in August
German exports fell more than expected in August, adding to expectations of a recession in the third quarter, according to figures released on Thursday by Destatis.
Anglo reports continued decline in De Beers diamond sales
Anglo American said on Thursday it saw a substantial fall in diamond revenues from the latest sales cycle at subsidiary De Beers, as it beefs up marketing spend to try and allure customers over the key holiday season.
National Grid trading in line, underlying EPS expected to be H2 weighted
National Grid said on Thursday that it continues to perform in line with its expectations and underlying earnings per share are set to have a greater weighting to the second half.
Imperial unveils £1.1bn buyback ahead of FY results
Tobacco giant Imperial Brands on Thursday announced a new bumper share buyback and said it was on track to hit forecasts this year.