Company News
Indivior receives settlement approval for antitrust litigation
Pharmaceuticals business Indivior has received final court approval for a landmark settlement in an antitrust multi-district litigation with the direct purchaser class.
LSE expects progress in 2024, says outlook for IPOs ' encouraging'
The London Stock Exchange Group posted modest profit growth for the year just ended and sounded a confident note on the outlook, including for initial public offerings.
'Challenging' year dents profits at Schroders
Asset manager Schroders posted a slide in annual profits on Thursday, after a historically "challenging" year for the sector.
Hammerson earnings rise in record year for leasing activity
Hammerson reported another record year of leasing activity in its final results on Thursday, with 306 deals totalling £46m in headline rent, marking an increase of 23% year-on-year.
Avacta tumbles after raising £25.7m in heavily discounted placing
Healthcare therapeutics company Avacta tumbled on Thursday after a heavily discounted placing.
Itim Group ends year ahead of market expectations
Itim Group reported a robust full-year financial performance in a trading update on Thursday, surpassing market expectations.
Shaftesbury Capital swings to net profit on strong leasing
West End-focused real estate group Shaftesbury Capital said it saw "excellent" leasing activity across all property with rents rising by a tenth as it swing to a net profit in 2023.
Spire Healthcare profits grow following 'strong' FY performance
Private healthcare business Spire revealed on Thursday that full-year profits had surged in 2023 following a "strong" full-year performance.
Serco sees lower revenue, profits up in 2024
Government contractor Serco said it expected slightly lower revenues this year and a 5% rise in profit as 2023 earnings rose 25%.
Drax lifts dividend as full-year profits jump
Power generation company Drax posted a surge in full-year profits on Thursday and lifted its dividend, as Britons struggled to pay their energy bills.
Spectris reports record profits but sales fall short of forecasts
Precision instrumentation and controls company Spectris reported record adjusted profits for 2023 on the back of double-digit sales growth and improving margins, though sales came in slightly below forecasts.
GSK reaches settlement in another Zantac case
GSK announced a confidential settlement with Boyd/Steenvoord, effectively resolving a case filed in California state court over its discontinued heartburn drug Zantac.
Vesuvius FY profits drop amid ‘difficult’ market conditions
Molten metal flow engineer Vesuvius reported a drop in full-year profit and revenue on Thursday amid "difficult" market conditions.
Howden profits fall 19% on weaker building market
Profits at Howden Joinery fell more than expected last year as a weaker DIY and housing market hit the bottom line.
Ocado returns to profit in 2023
Ocado said on Thursday that it swung back to an underlying profit in 2023 as its joint venture with M&S returned to profit.
Weir Group delivers strong 2023 profits as margins beat targets
Weir Group managed to deliver an 18% increase in adjusted profits in 2023 after beefing up margins more than expected as it pointed to further growth across the board this year.
Haleon sees higher sales in 2024 as FY profits come in flat
Consumer health firm Haleon on Thursday posted flat annual earnings and said it expected to grow revenue this year on higher demand.