Company News
Triple Point Social Housing reports robust 2023 performance
Triple Point Social Housing reported a robust full-year performance on Friday, despite challenges facing the property sector.
BP appoints Aviva boss Amanda Blanc as senior independent director
Oil giant BP said on Friday that it has appointed Aviva chief executive Amanda Blanc as senior independent director with effect from after the annual meeting on 25 April.
Vulcan proposes MC Mining takeover at higher price than Goldway offer
MC Mining confirmed receiving a proposal from Vulcan Resources, the operator of the Mozambique’s largest coking coal mine Moatize, on Friday.
Henry Boot gets planning permission for Manchester office project
Henry Boot announced on Friday that its HBD development arm has secured planning consent for a significant office project in Manchester's city centre.
BP pays Auchincloss £8m in 2023, claws back £1.8m from Looney
BP chief executive officer Martin Auchincloss was paid £8m for his services in a particularly prosperous year, it was revealed on Friday, as it managed to claw back a further £1. 8m from its former head Bernard Looney.
HelloFresh warns on profits, shares plunge
Shares in HelloFresh plummeted on Friday, after the food delivery service warned on profits for the second time and scrapped its mid-term targets.
Yosi Albagli to continue as Ethernity Networks chairman
Data processing and networking semiconductor technology specialist Ethernity Networks announced the continuation of Joseph ‘Yosi’ Albagli's tenure as its non-executive chairman on Friday, following the conclusion of his initial three-year term.
Capital & Regional posts modest growth in footfall
Shopping centres investor Capital & Regional reported a modest uptick in footfall in 2023 as customers headed to discount stores at an increased rate.
NAHL agrees renewal of Clydesdale Bank facility
Consumer legal marketing and services firm NAHL Group announced the successful renewal of its banking facilities with Clydesdale Bank, part of Virgin Money UK, on Friday.
Kinovo makes progress with remaining DCB projects
Specialist property services group Kinovo reported progress towards concluding the remaining projects associated with DCB Kent, its former construction division, on Friday.
SRT Marine pushes out year-end as it bids for new system contracts
Maritime surveillance and navigation technology specialist SRT Marine Systems announced a change to its financial reporting dates on Friday, in a bid to safeguard its ability to bid for pending new system contracts.
Tlou makes solid progress at Lesedi in first half
Tlou Energy reported significant progress towards its goal of introducing gas-fired power into the Botswana grid later this year in its interim results on Friday.
Mattioli Woods to be taken private by Pollen Street Capital in £432m deal
Wealth manager Mattioli Woods said on Friday that it has agreed to be bought by private equity firm Pollen Street Capital in a £432m deal.
UK regulator warns T&L Sugars/Tereos deal could raise sugar prices
Britain's competition regulator on Friday said that the Tate & Lyle Sugars purchase of UK & Ireland assets from France’s Tereos could result in higher sugar prices for UK shoppers.
Petrofac secures $200m contract with Turkemengas
Petrofac said on Friday that it has been awarded a three-year operations contract from Turkemengas at the Galkynysh Gas Field, in Turkmenistan.
Just Group profits jump amid buoyant retirement income market
Just Group reported a 47% jump in underlying operating profit in its 2023 results on Friday, to £377m, which it put down to significant increases in new business and in-force profits.
Mondi to buy DS Smith in £5.1bn deal
Packaging firm Mondi has agreed to buy smaller rival DS Smith for £5. 1bn.
Frasers Group closing Matches after two months of ownership
Frasers Group responded to fresh media reports over its acquisition of Matches on Friday, confirming that the brand was being shuttered just two months after acquisition.
Informa ups guidance after annual profits jump
Informa upped 2024 guidance on Friday after strong growth in overseas markets boosted full-year revenues and profits.
Currys gets green light for sale of Greek business
Currys said regulators had approved the sale of its Greek and Cypriot retail business Kotsovolos to Public Power Corporation for an enterprise value of €200m (£175m).