Company News
ScS to be bought by Italy's Poltronesofà in £99.4m deal
ScS surged on Tuesday after it agreed to be bought by Italian furniture retailer Poltronesofà in a £99. 4m deal.
Primary Health Properties rental income grows YTD, hikes dividend
Healthcare facilities investor Primary Health Properties said on Tuesday that improved rental income had continued to drive its strong performance and dividend growth in the third quarter.
Cornerstone FS lifts full-year outlook
Foreign exchange and payments firm Cornerstone FS said on Tuesday that it had seen "continued strong trading momentum", with full-year revenue and adjusted underlying earnings now seen above previous expectations.
Plus500 reports robust third-quarter performance
Multi-asset fintech specialist Plus500 reported a robust third-quarter performance on Tuesday, during a period marked by lower market volatility and trading volumes.
CAB Payments warns on FY revenues, shares slide
CAB Payments tumbled on Tuesday after the payment processing company warned on full-year revenues, pointing to changes in market conditions in some of its key currency corridors, as well as ongoing uncertainties surrounding the Naira.
Alphawave IP new bookings down in Q3, but guidance maintained
Semiconductor group Alphawave IP reported a mixed third quarter, with falls in licence and non-recurring engineering (NRE) contract wins dragging down new bookings by 9%.
AG Barr buys Rio tropical drinks brand for £12.3m
Irn Bru maker AG Barr said on Tuesday that it has bought the Rio Tropical soft drinks brand from independent brewer Hall and Woodhouse for £12. 3m in cash.
Eurowag performing in line with expectations through third quarter
Commercial road transport (CRT)-focussed WAG Payment Solutions, trading as Eurowag, reported a solid performance in line with expectations for the first nine months of the year on Tuesday.
Anglo American cuts copper guidance for 2023
Multi-metal mining giant Anglo American has cut copper production guidance for the full year, but said it remains on track to his all other output targets.