Company News
Faron Pharmaceuticals reports year of clinical progress
Clinical-stage biopharmaceutical company Faron Pharmaceuticals reported a year of strong progress on Wednesday, with significant overall response rates seen in both previously hypomethylating agent (HMA)-failed and higher-risk myelodysplastic syndrome (MDS) patient populations in the phase one part of the BEXMAB study.
Balfour Beatty rallies as it lifts dividend, announces £100m buyback
Infrastructure group Balfour Beatty surged on Wednesday despite posting a drop in full-year profit, as it lifted its dividend, announced a £100m share buyback and struck an optimistic note on the outlook.
Ferrexpo delays FY results, Ukrainian hearing postponed
Mining company Ferrexpo said on Tuesday that following discussions with its auditors, more time was needed to finalise its full-year financial results.
Keywords Studios posts strong growth despite tougher market
Keywords Studios reported a 13% rise in full-year revenue in its final results on Wednesday, to €780m.
Metro Bank records first profit since 2018
Metro Bank has reported its first annual statutory profit in five years despite a flat top line as the UK high street bank launched a cost-savings programme that cut store hours and roles across the business.
Revenue rises, losses narrow for the Gym Group
Low-cost gym operator the Gym Group reported an 18% increase in revenue in its full-year results on Wednesday, reaching £204m.
IP Group net asset value falls, but losses narrow
Intellectual property-focussed investor IP Group reported a net asset value of £1. 19bn in its results for 2023 on Wednesady, or 114. 3p per share, down from £1. 38bn and 132. 9p per share in 2022.
Hochschild Mining FY production in line with guidance
South America-focused miner Hochschild reported a 10% fall in production, although in line with guidance, offset by rising prices and the devaluation of the Argentinian peso which helped to lift adjusted core earnings.
4imprint profits jump but demand outlook softens
White label merchandise and promotional products manufacturer 4imprint hiked its dividend by a third after a big jump in profits in 2023 on the back of market-share gains, though it did warn of a "softening" in the wider market towards the end of the year.
Anglo American sees De Beers sales rise, but diamond outlook cautious
Anglo American has reported another increase in rough diamond sales at De Beers as prices continue to rebound after slumping in 2023, though the company warned that tough macro conditions will keep a lid on growth for a while.