Company News
US consumer sentiment drops to six-month low
Consumer sentiment in the United States declined for the fourth straight month in November, according to a closely watched survey by the University of Michigan.
Babcock secures £750m contract with MoD
Defence company Babcock International said on Friday that it has signed a four-year £750m submarine maintenance contract with the UK Ministry of Defence's (MOD) Submarine Delivery Agency (SDA).
Quilter clarifies political donation position after opposition from SA shareholders
Quilter updated the market on its annual general meeting on Friday after it noticed certain voting patterns emerging between its South African and UK-registered shareholders.
SigmaRoc makes progress on sustainability initiatives
Quarried materials specialist SigmaRoc updated the market on its sustainability initiatives on Friday, aligning with its goal to achieve net-zero emissions by 2040.
Bowleven reports $2m loss as it looks to shore up funding
Africa-focused oil and gas exploration group Bowleven reported a loss of $2m in its full-year results on Friday.
Warpaint full-year results to beat market expectations
Cosmetics company Warpaint said on Friday that results for the year to the end of December are set to be ahead of market expectations following a continued strong performance.
Richemont flags softer demand, shares fall
Shares in Richemont fell on Friday, after the luxury group posted first-half profits below expectations and flagged weaker customer sentiment.
Physiomics receives Innovate UK funding grant
Computational biology firm Physiomics said on Friday that it had been awarded a grant by Innovate UK and the Office for Life Sciences as part of the UK Government's Advancing Precision Medicine programme.
Global Ports ups passenger targets after impressive first half
UK-listed Global Ports Holdings, the world's largest cruise port operator, has raised its forecasts for passenger numbers this year after a stronger-than-expected first half.
NatWest to withhold bulk of ex-chief Rose's payout
Former NatWest Group chief executive Alison Rose will miss out on nearly £8m in share awards and bonuses, it was confirmed on Friday, as the lender looks to draw a line under Nigel Farage debanking row.
ValiRx enters partnership with StingRay Bio
Life science company ValiRx announced a new partnership with StingRay Bio on Friday, aiming to explore a promising lead series of drug candidates designed for oncology applications.
Helium One suspends Tai-3 operations due to rig problem
Helium One updated the market on its Tai-3 operations in Tanzania on Friday, reporting an unexpected setback due to an issue with its drilling rig.
Goldplat reports slight dip in first-quarter profits
South Africa and Ghana-focussed Goldplat reported operational results for its first quarter on Friday, with a combined operating profit of £1. 87m excluding certain costs and financial factors, down slightly from £1. 94m a year earlier.
Strategic Minerals upbeat on results of Cornwall digital project
Strategic Minerals updated the market on its wholly-owned subsidiary, Cornwall Resources (CRL), and its participation in the ‘Deep Digital Cornwall’ (DDC) project on Friday.
Challenger Energy now debt-free after bridge loan repayment
Caribbean and Americas-focussed oil and gas company Challenger Energy announced on Friday that it has retired its short-term bridge loan, under the terms it outlined on 27 October.
Dekel palm oil production rises, but sales weaken
West Africa-focussed agriculture company Dekel Agri-Vision said in an update on Friday that its palm oil operation continued its upward trend in production in October, marking the eighth consecutive month of increased like-for-like production year-on-year.
Diageo warns of slowdown as LatAm-Carribean sales drop
Drinks giant Diageo saw shares plummet on Friday after warning of a slowdown in growth in the first half due to a weaker performance in Latin America and the Caribbean.
Chemring ends year as expected, US sensors business under review
Chemring said in an update on Friday that its performance up to 31 October was in line with both the board’s and analysts’ expectations, with the year’s outcome set to meet targets.
Redrow results seen at low end after tough Autumn
British housebuilder Redrow has warned that full-year sales and profits would likely be at the lower end of guidance due to a subdued Autumn trading period.
Galliford Try on track after solid start to first half
Construction group Galliford Try said it remains on track to hit recently upgraded profit expectations after a decent first-half performance.