Company News
IQGeo underlying earnings surge in 2023
Software firm IQGeo said on Monday that full-year underlying earnings were expected to be significantly ahead of previous guidance, driven by "strong growth and momentum" across all key metrics.
Audioboom FY revenues fall, returns to growth in Q4
Podcasting business Audioboom said on Monday that revenues had fallen in 2023 but stated it was targeting record income in 2024 after having returned to growth in Q4.
Ramsdens shares drop despite record profits as Q1 trading slows
Shares in AIM-listed Ramsdens fell on Monday despite the travel money, pawnbroking and jewellery store chain delivering a "milestone" profit of £10m in its annual results, as the company announced a slowdown in trading in its first quarter.
BT in talks with Musk's Starlink over rural broadband offering
Telecommunications giant BT was said to be in discussions with Elon Musk's Starlink regarding a satellite phone and broadband offering aimed at servicing rural dead spots.
Ashmore reports AuM growth in December quarter
Specialist asset manager Ashmore Group reported an increase in its assets under management (AuM) for the quarter ended 31 December on Monday.
Avon Protection secures multi-million euro order with German Navy
Avon Protection said on Monday that it has been selected by the German Navy to supply its multi-role rebreather for military diving operations. .
Bakkavor investor Baupost sells 20% stake to private equity firm
Bakkavor has announced a board change after hedge fund Baupost sold its stake in the food manufacturing group to private equity firm LongRange Capital.
UK average house prices rise 1.3% - Rightmove
Average UK house prices rose 1. 3% last month, posting the largest jump in three years amid signs the market was starting to ease, according to a Rightmove survey published on Monday.
Crest Nicholson warns on profits but points to improving conditions
Home construction company Crest Nicholson has delivered a profit warning as a result of higher-than-expected costs as it announced an additional one-off charge from a legal claim.