Company News
Caledonian Trust fails to secure sale of St Margaret's House
Caledonian Trust put the potential sale of St Margaret’s House (SMH) at 151 London Road, Edinburgh, on an uncertain footing on Wednesday, as discussions with interested parties have not culminated in a concrete agreement.
Shares fall as sales growth slows at LVMH
Shares in luxury goods giant LVMH fell on Wednesday, after weaker global demand caused sales growth to slow.
Telecom Plus 'comfortably on track' to double customer base
Utility services supplier Telecom Plus said on Wednesday that it was "comfortably on track" to double the size of its high-quality base after the six months ended 30 September.
DiscoverIE makes 'good financial and strategic progress' in H1
Industrial electronics manufacturer DiscoverIE said on Wednesday that it had made "good financial and strategic progress" and was on track to deliver full-year underlying earnings in line with recently upgraded expectations.
Acquisitions help drive top-line growth for Mitie Group
Facilities management company Mitie delivered solid top-line growth in the first half, helped by recent acquisitions, and said it expects to increase revenues by 17% over the full year.
Travis Perkins warns on profits, shares slide
Shares in Travis Perkins fell sharply on Wednesday, after the builders’ merchant warned that the slowdown in the construction sector would hit profits.
Apax Global Alpha makes €16.6m investment in Bazooka Candy
Investment firm Apax Global Alpha has invested approximately €16. 6m into Bazooka Candy Brands on a look-through basis.
Qinetiq delivers 'strong' Q2 performance
Defence technology company Qinetiq delivered "a strong second quarter", resulting in improved organic revenue growth and operating profit margins in the first half.
Pagegroup expects annual profits to sink by a third
Recruitment firm Pagegroup said it expects full-year profits to drop by at least a third as a result of ongoing challenging conditions across Asia, the UK and US markets in the third quarter.
Endeavour Mining excited by latest drill results at Tanda-Iguela
Gold producer Endeavour Mining has said that it's about 70% of the way through planned drilling at its key Côte d’Ivoire project for 2023, but results so far have been promising.