Company News
Foxtons sees fall in property sales
Foxtons Group reported a slight uptick in revenues on Thursday, despite a slump in house sales in the capital.
Bloomsbury reports record-breaking first-half earnings
Bloomsbury Publishing reported record-breaking earnings in its interim results on Thursday, marking the fourth consecutive half-year of double-digit growth in both revenue and profit.
Standard Chartered Q3 profit dented by China exposure
Standard Chartered posted a drop in third-quarter pre-tax profit on Thursday as it took a hit from its exposure to the Chinese property and banking sectors.
Hunting gets $59m subsea order, maintains earnings performance
Precision engineering group Hunting announced a substantial subsea order worth $59m for titanium stress joints on Thursday, confirming it maintained its earnings performance through the third quarter.
WPP cuts full-year forecasts after tough quarter
WPP cut its full-year guidance on Thursday, as technology clients continued to curtail spending.
Senior secures production order for EV battery cooling plates
Components and systems manufacturer Senior announced a significant development in its partnership with Valmet Automotive on Thursday, with Senior Flexonics Crumlin securing a production order for battery cooling plates.
Renishaw revenue, profits fall amid challenging market
Engineering technology group Renishaw reported challenging market conditions in the September quarter in a trading update on Thursday, with total revenue falling 9% year-on-year to £164. 5m.
Quarterly sales meet expectations at Unilever
Unilever laid out plans to boost growth on Thursday, as it posted a dip in third-quarter revenues.
Inchcape reiterates guidance after third-quarter growth
Automotive distributor Inchcape reported third-quarter revenues of £2. 8bn in an update on Thursday, making for growth of 35%, with organic revenue growth at 10%.
GSK HIV injection regimen gets approval in China
GSK announced on Thursday that its majority-owned HIV specialist subsidiary ViiV has received approval from the National Medical Products Administration (NMPA) of China for an injection regimen.
DS Smith says 1H trading in line with expectations
Paper packaging specialist DS Smith reiterated its guidance for first half operating profits thanks to a sequential improvement in corrugated box volume performance and better-than-expected pricing.