Company News
Dunelm sees FY in line on strong sales but warns on volatility
UK furniture and homewares retailer Dunelm said it expected full-year profit to be in-line with market expectations, as demand remained strong despite the cost of living crisis that has seen consumers rein in spending.
Cranswick sees FY profits ahead after better-than-expected Q3
Meat producer Cranswick said on Thursday that adjusted pre-tax profit for the year to the end of March 2024 was set to be ahead of the board’s previous expectations after stronger-than-expected trading in the third quarter.
Currys full-year profit to beat expectations
Electricals retailer Currys said on Thursday that full-year profit was set to be ahead of consensus expectations despite reporting a drop in sales.
BHP reassessing value of nickel unit after price slump
Australia’s BHP Group said it may have to write down the value of its nickel operations after a price slump in the commodity.
Sainsbury announces shift away from banking activities
Sainsbury has announced a "phased withdrawal" from its banking operations as it continues to pursue its so-called 'Food First' strategy.