Company News
Friday preview: German GDP, StanChart in focus
Investors' attention at the end of the week will be on the euro area's largest economy.
Director dealings: BP Marsh CIO raises stake
BP Marsh & Partners revealed on Thursday that chief investment officer Dan Topping had acquired 4,141 ordinary shares in the AIMI-listed specialist investor.
Powerhouse Energy signs five-year deal with National Hydrogen
Powerhouse Energy Group announced a five-year framework agreement with Australia-based National Hydrogen on Thursday.
1Spatial shares jump on UK Power Networks deal
Location data technology specialist 1Spatial announced the signing of a 12-month contract with UK Power Networks for its traffic management plan automation (TMPA) solution under the 1Streetworks brand on Thursday.
Ariana posts positive drilling results from Kizilcukur
Minerals explorer and developer Ariana Resources reported positive outcomes from its fourth quarter drilling initiative at the Kizilcukur Project in the Kiziltepe Sector on Thursday.
Diageo exploring sale of three non-core brands including Pimm's - report
Drinks giant Diageo is reportedly exploring the sale of a trio of non-core brands including Pimm's.
Ovo appoints former Sainsbury’s CEO Justin King as chair
Energy supplier Ovo said on Thursday that it has appointed Justin King - the former chief executive of Sainsbury’s - as its chairman.
Marlowe sells software and service assets in £430m deal
Business service and regulatory software company Marlowe announced a deal to divest specific governance, risk and compliance (GRC) software and service assets on Thursday.
RWS trading in line after resilient year
Language, content and intellectual property technology specialist RWS Holdings said in an update on Thursday that during the 2023 financial year, it made significant strides in executing its medium-term strategy, evidenced by client acquisitions, technological advancements, and growth initiatives.
Plant Health Care fungicide gets Mexico registration
Crop peptide developer Plant Health Care announced the registration of its novel fungicide ‘SAORI’ in Mexico on Wednesday, for commercial launch.
Sylvania Platinum confident despite revenue slide
South Africa-focussed platinum group metals (PGM) producer Sylvania Platinum announced first-half net revenue of $40. 8m on Thursday, a decrease from $79. 9m in the first half of the 2023 financial year, which it attributed to a drop in basket price in dollar terms.
Windar Photonics launches wind turbine software platform
Windar Photonics announced Windar Nexus, a wind energy sector software platform, on Thursday.
Tracsis progresses shift to SaaS model in first half
Transport technology provider Tracsis said in a trading update on Thursday that it continued its progress in executing its strategic plans for growth in its first half, as it transitioned to a broader software-as-a-service (SaaS) operating model.
Nestlé shares fall as food giant warns of sales slowdown
Shares in Nestlé dropped on Thursday after the food and drink giant said that organic growth would slow this year.
Lloyds FY profit soars, puts aside £450m for motor finance probe
Lloyds Bank on Thursday reported a 57% jump in full-year profits and announced another £2bn share buyback, but also set aside £450m for the regulatory probe into UK motor financing.
AI boom sees earnings rocket at Nvidia
Shares in Nvidia sparked on Thursday, after the US chipmaker saw sales surge on booming demand for artificial intelligence.
Danone confident after reporting rise in full-year sales
French food multinational Danone reported a 7% jump in full-year net sales on a like-for-like basis in its 2023 results on Thursday, to €27. 62bn.
ME Group delivers 'year of record financial performance'
Instant-service equipment business ME Group said on Thursday that it had delivered a "year of record financial performance", with both revenues and profits growing in the 12 months ended 31 October.
Hargreaves Lansdown net new business slides in first half
Hargreaves Lansdown reported a 6% rise in assets under administration in its half-year results on Thursday, reaching a record high of £142. 2bn by 31 December, compared to £127. 1b a year earlier.
Annual profits beat forecasts at Jupiter, shares spark
Shares in Jupiter Fund Management jumped on Thursday, after full-year profits came in comfortably ahead of expectations.