Company News
Delivery Hero sells entire Deliveroo stake, shares slump
Deliveroo slumped on Tuesday after Delivery Hero sold its entire 4. 5% stake in the company in a placing.
SThree reports fall in net fees after mixed year
Science, technology, engineering and mathematics (STEM) specialist recruiter SThree reported revenue of £1. 663bn in its final results on Tuesday, marking a 1% increase.
Diversified Energy beats consensus with record profits in 2023
Natural gas group Diversified Energy Company (DEC) said it expect to deliver record profits above consensus forecasts for 2023 despite a "challenging" commodity price environment as production increased to an all-time high.
WPP results to meet expectations as it sets medium-term targets
Advertising giant WPP said in an update on Tuesday that it expected its 2023 results to align with earlier guidance.
Speedy Hire tanks after profit warning
Tools and equipment hire services firm Speedy Hire tanked on Tuesday as it warned on profits.
Pets at Home cuts full-year profit outlook
Pets at Home cut its full-year profit outlook on Tuesday after a weaker-than-expected performance at its retail business in the third quarter.
Hill & Smith appoints new COO
Infrastructure products group Hill & Smith has group president Hooman Caman Javvi as its new chief operating officer.
HSBC slapped with £57.4m fine for deposit protection failures
HSBC bank has been fined £57. 4m by the Bank of England after admitting serious failings in protecting customer deposits.
Diageo's first-half profits fall 11% on LatAm-Carribean weakness
First-half profits at Diageo fell by more than a tenth as weakness in the Latin American and Caribbean (LAC) regions persisted, but the drinks giant pointed to improving trading conditions in the latter part of the financial year.
SSP Group holds FY outlook after strong rise in Q1 sales
Travel food outlet operator SSP Group on Tuesday held full-year guidance after a strong rise in first-quarter sales as rail and air passenger numbers continued to recover after the Covid pandemic.