Company News
Foxtons beats expectations for revenue, operating profit
Foxtons Group announced in a trading update on Thursday that it surpassed market expectations in 2023, with total revenue rising 5% year-on-year to £147m.
Capricorn reports strategic progress in 2023
Capricorn Energy said in an update on Thursday that revenue for 2023 totalled $202m, driven by provisional entitlement sales volumes of 4. 4 million barrels of oil equivalent, with 47% of those volumes coming from liquid products.
Wizz Air shares slip as airline forecasts flat capacity
Shares in Wizz Air fell on Thursday after the low-cost airline said it expects capacity – as measured by available seat kilometres (ASK) – to be flat next financial year.
Fuller's backs FY expectations after ‘particularly strong’ festive sales
Pub chain Fuller, Smith & Turner backed its full-year expectations on Thursday as it hailed "particularly strong" sales over Christmas and the new year.
St James's Place inflows narrow despite record funds under management
St James's Place reported gross inflows for 2023 of £15. 39bn on Thursday, down from £17. 03bn in 2022.
Greencore holds guidance despite Q1 revenue fall
Food supplier Greencore said it was in track to meet market expectations for the financial year, despite a fall in first-quarter sales.
Workspace Group CEO to retire this year
The chief executive Workspace Group has announced his intention to retire on Thursday after 16 years with the London-focused office provider, as the company reported higher rent rolls and pricing during its third quarter.
IG Group interim revenues fall amid softer market conditions
Online trading platform IG Group reported a drop in interim revenues and profits on Thursday, citing "softer market conditions" and a strong comparative period.
Halfords Christmas sales slump as customers hit the brakes
UK car parts and bike retailer Halfords on Thursday reported weaker-than-expected third-quarter sales, driven by a poor Christmas as customers reined in discretionary spending amid the cost-of-living crisis.
RS Group Q3 sales fall on weaker-than-expected markets
Industrial parts distributor RS Group reported a 10% fall in third-quarter like-for-like sales on weaker-than-expected markets and slower unwinding of customer surplus inventory particularly in electronics and associated products.
PPHE in profit upgrade as occupancy rates continue to recover
Hotel owner and developer PPHE on Thursday lifted full-year guidance as trading momentum towards the end of the year and into 2024 remained positive.
Haleon offloads ChapStick brand for $430m
Consumer health group Haleon, the company behind Sensodyne toothpaste, Panadol and Advil painkillers, has announced it is selling the ChapStick lip balm brand for $430m.