Company News
Assura confident of development pipeline after solid third quarter
Primary care property investor and developer Assura said it delivered a strong third quarter with a decent pipeline of opportunities for further growth.
Pennon raising cash to fund £89m acquisition of SES Water
Water utility company Pennon is raising up to £180m in an equity capital raise to fund the acquisition of Sumisho Osaka Gas Water UK, the holding company of Sutton and East Surrey Water (SES Water).
Vimto maker Nichols sees FY profits slightly ahead of market views
Vimto maker Nichols said on Wednesday that full-year adjusted pre-tax profit was set to be "slightly above" market expectations of £25. 4m following a strong performance in 2023.
Hunting holds guidance on strong order book, product sales
Precision engineering group Hunting held annual guidance as energy-related and non-oil and gas product sales helped to deliver solid top line growth in the year.
Seasonal lines boost Greggs Q4 sales
Greggs backed its full-year guidance on Wednesday as it posted a jump in fourth-quarter sales, with seasonal lines in high demand.
Smith & Nephew wraps up $330m purchase of Israeli medtech firm CartiHeal
Medtech giant Smith + Nephew has completed the acquisition of CartiHeal, the developer of novel sports medicine technology Agili-C, which targets cartilage regeneration in the knee.
Oxford Instruments buys French camera maker in €18.7m deal
Research equipment maker Oxford Instruments said it had bought First Light Imaging, a French scientific camera specialist, for up to €18. 7m (£16m).
Housebuilder Persimmon tops build targets after strong fourth quarter
Persimmon was able to beat guidance with new home completions in 2023 after a decent fourth quarter, with the housebuilder entering 2024 in a strong position with private forward sales ahead of last year.