Company News
THG to buy skincare brand Biossance for up to $20m
THG said on Tuesday that it has agreed to buy prestige skincare brand Biossance for up to $20m.
Tritax EuroBox portfolio valuation stabilises in H2
Property business Tritax EuroBox said its portfolio valuation remained "stable" over the second half of the trading year, with "good momentum" in its disposal programme expected to reduce leverage further.
Victrex maintains dividend as revenue, profits narrow
Polymer specialist Victrex reported a 24% decrease in group sales volumes in its preliminary results on Tuesday, to 3,598 tonnes.
DiscoverIE lifts dividend as first-half profits rise
Shares in discoverIE rose strongly on Tuesday after the industrial electronics group lifted its interim dividend and delivered a 7% increase in first-half underlying profits on the back of better-than-expected margins.
Thames Water says turnaround will take time as interim profits drop
Thames Water said on Tuesday that a turnaround of the business will take time, as it posted a drop in interim profit.
SSP reinstates dividend as FY profits surge on passenger revival
International food and beverage travel outlet operator SSP Group on Tuesday reinstated its dividend as it reported a near doubling of annual core profits, driven by the continued resurgence in passenger numbers and workers returning to work in offices.
China's services sector grows more than expected in November - Caixin
China’s services sector grew more than expected in November, according to data released on Tuesday.
Drax cuts leverage ratio after strong second half
Power station group Drax has scaled back its leverage expectations after a strong performance in the second half, and said it should meet analysts' profit forecasts with its full-year results.
Senior wins $12m aerospace contract
FTSE 250-listed engineering and manufacturing group Senior has won a contract with United Arab Emirates-based Strata Manufacturing worth $12m.