Company News
Alpha FMC shares sink on weak full-year guidance
The stock of Alpha Financial Markets Consulting sunk by over a tenth on Wednesday after the AIM-listed financial consultancy guided to a drop in annual profits due to a "more competitive environment" and a slower-than-expected start to some client projects.
Sabien gas-saving tech installed at Hampton Court Palace
Sabien Technology Group announced the installation of its M2G Cloud Connect system at Hampton Court Palace on Wednesday.
Sainsbury's to increase capex to drive profit leverage
Sainsbury's announced its ‘Next Level Sainsbury's’ strategy on Wednesday, aiming to drive profit leverage from sales growth.
Babcock on track to hit targets after strong start to year
Defence engineering group Babcock has said that it is trading in line with expectations, as it meets with institutional investors and analysts for a capital markets day.
Grainger experiences 'strong' YTD rental growth
Residential property business Grainger said on Wednesday that it had seen "strong rental growth" in the four months ended 31 January.
DCC reports Q3 operating profit 'modestly ahead'
International sales, marketing and support services group DCC said third-quarter operating profit was “modestly ahead” of the prior year, despite a volatile economic environment.
PZ Cussons slashes dividend and warns on profits as Nigerian naira plummets
PZ Cussons, the consumer products group behind brands like Carex and Imperial Leather, delivered a profit warning to shareholders on Wednesday and cut its interim dividend by nearly a half as a result of a significant slide in the Nigerian naira in the first half.
Woodside and Santos call off $52bn merger talks
Woodside Energy, the Australian oil and gas group with secondary listings in London and New York, has announced it has called off merger talks with smaller peer Santos that would have created an energy giant worth $52bn.