Company News
Shell to buy back more shares as quarterly income slides
Shell reported a 93% fall in income attributable to shareholders in its fourth quarter on Thursday, to $474m, with the full-year figure sliding 54% to $19. 36bn.
Glencore production falls but guidance held
Glencore reported a fall in production but reiterated annual trading profits and the commodities company would come in above its long-term guidance.
Phoenix Group hits growth targets early after strong 2023
UK savings and retirement business Phoenix Group said it was able to achieve its 2025 growth target two years early after a strong performance in 2023 with new business net fund flows up 80%.
AG Barr sees FY profit 'slightly ahead' of market expectations
Irn Bru maker AG Barr said on Thursday that full-year profit was set to be "slightly ahead" of previous market expectations after a strong performance in the second half.
BT Group sees FY in line despite flat Q3 earnings
BT Group reiterated annual guidance as it reported flat adjusted earnings for the third quarter and a rise in revenues driven by higher prices.
Airtel Africa Q3 underlying revenues jump, but FX weighs on results
Africa-focused telecoms group Airtel Africa said it intends to launch a share buyback worth up to $100m after a strong underlying performance in the third quarter, though currency movements weighed heavily on growth.