Company News
Renewi on track to meet full-year expectations
Recycling specialist Renewi reiterated full-year guidance on Thursday, following "strong" performances in a number of divisions.
Moonpig tumbles after discounted share placing
Moonpig tumbled on Thursday after a number of shareholders placed around 25m shares in the company at 160p each, which is a discount of just under 10% to the closing price a day earlier.
Senior wins five-year contract with Spirit AeroSystems
Engineering and manufacturing business Senior has secured a contract extension with Spirit AeroSystems for the supply of large diameter precision formed and machined structural components for Boeing aircraft programmes.
Empire Metals upbeat on lab results from Pitfield Project
Empire Metals unveiled analytical lab results from an initial 18 reverse circulation (RC) drillholes at the Pitfield Project in Western Australia on Thursday.
AstraZeneca blows past analysts' estimates for Q1
AstraZeneca posted better-than-expected revenues and profit for the first quarter of 2024 with both the company and analysts highlighting its drug pipeline.
Eco Animal Health revenue set to top expectations
Eco Animal Health said in an update on Thursday that, despite initial foreign exchange challenges, its revenue for the year surpassed market expectations, reaching almost £90m, compared to the anticipated £88. 7m.
Relx reaffirms outlook after solid start to year
Business information and analytics specialist Relx reaffirmed its full-year outlook in an update on Thursday, alongside a strong start to the year across all four business areas, driven by an ongoing shift towards higher-growth analytics and decision tools.
Cordel Group inks trial deal with Asia-Pacific railway
Cordel Group announced a deal with a major national railway in the Asia-Pacific region on Thursday, entailing a 12-week paid trial of its forward-facing video solution (FFV) alongside the provision of LiDAR data to explore other potential applications such as vegetation management and clearance assessments.
Drax describes strong first quarter performance
Drax Group reported strong system support and generation performance in a first-quarter update on Thursday, with its expectations for full-year adjusted EBITDA remaining in line with analysts' consensus estimates.
Eurowag trading as expected as net revenue jumps
Commercial road transportation payments and mobility technology company WAG Payment Solutions reported a robust performance in the March quarter on Thursday, with net revenue jumping 31% to €68. 4m, driven by sustained organic growth and contributions from the Inelo acquisition.
PPHE revenue rises as hotel markets normalise
PPHE Hotel Group reported first-quarter revenue of £77m in an update on Thursday, marking an impressive 11. 9% year-on-year increase.
Indivior reports first-quarter growth, confirms plans to shift main listing
Addiction treatment specialist Indivior reported double-digit net revenue growth for the first quarter on Thursday, with total net revenue rising 12% year-on-year to $284m, as it confirmed its intention to shift its primary listing to the United States.
LSE Group reports solid start to financial year
London Stock Exchange Group reported a a strong start to the year in a trading update on Thursday, with solid first-quarter performance across its business divisions.
Hikma delivers strong Q1, holds on to guidance
Pharmaceuticals group Hikma said it has made a "strong and encouraging start" to 2024, with all three business segments performing well, as it held on to guidance for the year.
Weir Group performs as expected in first quarter
Weir Group said in a trading update on Thursday that order progression in its first quarter matched expectations as it maintained its guidance for the year.
Schroders first-quarter AuM tick higher
Schroders reported an uptick in first-quarter assets under management on Thursday.
Travis Perkins Q1 revenues fall 3.7% on weak building sector demand
Building products supplier Travis Perkins said first quarter revenue fell 3. 7% as weak demand in the construction sector continued to impact trading.
Persimmon on track after 'encouraging' trading in Q1
UK housebuilder Persimmon saw a 10% drop in new home completions in the first quarter, but said it experienced an improvement in sales rates and "firm pricing".
Ibstock Q1 sales fall short amid ‘challenging’ trading conditions
Building products manufacturer Ibstock said on Thursday that sales volumes in the first quarter were lower than expected as activity in residential markets remained subdued.
WPP Q1 revenues fall 1.4%; Guidance held
UK advertising agency WPP on Thursday said revenues fell 1. 4% as it lost a healthcare client and spending by technology companies was cut back.