Company News
S&U warns on full-year profits
Specialist motor finance and bridging lender S&U warned on Friday that full-year profits were likely to be below expectations as poor consumer confidence, the cost-of-living crisis and continuing high interest rates take their toll.
Bellway housing revenue tops £1.25bn in first half
Bellway said in a trading update on Friday that its half-year housing revenue topped £1. 25bn, consistent with its projections.
Air Astana to raise $370m in IPO next week
Air Astana's stock-market flotation will value the Kazakhstan-based carrier at $847m, the company announced ahead of its initial public offering next week that will see it raise $370m.
Victrex says meeting guidance could be tough after "soft" Q1
Polymers group Victrex has announced a "soft start" in its first quarter as a result of continued end-market weakness and tough comparatives with the prior year, and said that making full-year guidance could be tricky.