Company News
Virgin Wines reports solid first-half improvement
Virgin Wines UK said in a trading update on Monday that, despite a challenging economic environment, it saw year-on-year revenue growth in its first half, as well as increased profitability, strong cash generation, and improved operational efficiency.
S4 Capital says Q4 trading line
S4 Capital said on Monday that trading in the fourth quarter was in line with the expectations outlined in November and that client caution on marketing spend was expected to persist.
Alphawave reports record bookings in fourth quarter
Alphawave IP Group reported record quarterly bookings of $128. 7m in its fourth quarter on Monday, marking a 36% increase compared to the same period in the prior year.
Oxford Nanopore appoints new CFO
Oxford Nanopore Technologies has appointed Nick Keher, a finance veteran in the life sciences sector, as its new chief financial officer, the DNA/RNA sequencing tech firm announced on Monday.
China banks leave key lending rate unchanged, following PBoC
Chinese commercial lenders held benchmark lending rates steady, in line with the country’s central bank decision to leave key policy rates unchanged.
HG Capital offloads Argus Media stake for £52m
Private equity group HgCapital on Monday said it had offloaded its stake in oil pricing data publisher Argus Media, allowing chief executive Adrian Binks to take a majority stake in the firm.