Company News
AJ Bell upbeat on strong second-quarter performance
Investment platform AJ Bell reported a robust performance across its platform business and AJ Bell Investments in a second quarter update on Thursday.
Greencoat Renewables inks 10-year power purchase agreement
Greencoat Renewables announced the signing of a significant 10-year power purchase agreement (PPA) on Thursday, with Keppel DC REIT, for its Ballybane Phase 1 wind farm.
LBG Media reports decent full-year growth in tough market
Digital publisher LBG Media reported a robust full-year financial performance in its unaudited final results on Thursday, with total group revenue rising 7. 5% over the year to £67. 5m.
Vistry kicks off £100m share buyback programme
Vistry Group announced the start of its share buyback programme on Thursday, aimed at repurchasing up to £100m of its shares.
Segro reports robust rent roll growth in first quarter
Segro reported robust growth in its rent roll in a trading update for the March quarter on Thursday, driven by favourable occupier market dynamics.
Rentokil Initial reports more stable North America performance
Rentokil Initial reported revenue of £1. 27bn in a first quarter update on Thursday, making for a 0. 9% increase at actual exchange rates, while at constant exchange rates, revenue advanced 4. 9% to £1. 29b.
easyJet posts significant reduction in winter losses
Low-cost airline easyJet reported a significant reduction in its winter losses in an update on Thursday, of more than £50m year-on-year, as demand for flights and holidays continued to rise, particularly for the upcoming summer season.
National Grid raises underlying EPS guidance on accounting change
National Grid has lifted its profit guidance for the year to 31 March after an accounting change due to a tax relief change announced by the government.
DiscoverIE FY sales up 1%, sees earnings in line with guidance
Electronics specialist DiscoverIE said group sales for the year to March 31 were 1% ahead of last year on a constant currency basis, after two years of strong growth when the rose 48%.