Company News
Cranswick FY profits rise as investment bears fruit
Food producer Cranswick posted a jump in full-year profit and revenue on Tuesday as its investment programme bears fruit.
Fresnillo optimistic despite 'challenging environment'
Fresnillo reported increased silver production and gold output in line with guidance in an update on Tuesday, despite the nearing end of the Noche Buena mine, although its gross profit took a hit in 2023.
Vistry to construct partner-funded scheme in Ealing
House-building company Vistry Group has been selected by Sovereign Network to construct and deliver a 100% partner-funded scheme at Merrick Place in Ealing worth £157. 0m.
Dowlais FY revenues seen 'slightly below' prior year
Engineering group Dowlais warned on Tuesday that full-year revenues were likely to be "slightly below" FY23 as a result of "increased volatility".
Smiths Group sees organic growth accelerate in Q3
Smiths Group reported an acceleration in sales growth in the third quarter despite tough comparators with last year, as the engineering firm reaffirmed its growth expectations for the full year.
GSK reports promising results from asthma treatment trials
GSK announced promising results from phase three clinical trials evaluating the efficacy and safety of depemokimab in treating severe asthma with type 2 inflammation on Tuesday.
XP Power rejects £468m takeover proposal from Advanced Energy
Advanced Energy said on Tuesday that it has made three possible all-cash offers for XP Power, the last of which valued the group at £468m.
AstraZeneca lays out plans to hit $80bn in revenues by 2030
AstraZeneca has unveiled medium-term growth targets to nearly double group revenues by the end of the decade as it predicts significant growth from existing oncology, biopharmaceuticals and rare disease portfolios.
Kingfisher's LFL sales hit by France weakness
Home improvement retailer Kingfisher has said that first-quarter like-for-like sales were down on last year on the back of weakness in France, with the decline picking up pace early into the second quarter.