Company News
Halfords full-year profits slump
Halfords posted a slump in full-year profits on Thursday as it pointed to weak consumer confidence.
DS Smith rallies as Suzano abandons pursuit of International Paper
DS Smith was the top gainer on the FTSE 100 on Thursday after Brazilian pulp maker Suzano said it had ended talks to buy International Paper.
Segro buys three Dutch warehouses for €222m
Industrial real estate group Segro announced on Thursday it has snapped up three logistics warehouses in the Netherlands for €222m to expand its presence in a key logistics hub for Continental Europe.
Moonpig hails strong year, shares jump
Shares in Moonpig Group sparked on Thursday, after the online greeting card retailer posted a jump in annual sales and profits.
Bradley out, Bellamy in as chair of The Works
Arts, crafts, toys, books, and stationery The Works announced a change in leadership on Thursday, with Carolyn Bradley stepping down as chair and independent non-executive director on 15 July.
Target Healthcare REIT offloads four care homes
Care home real estate investment trust Target Healthcare REIT has offloaded four of the oldest care homes in its portfolio for £44. 5m and will use the proceeds to pay down credit facilities.
Bunzl upgrades full-year profit guidance
Bunzl upgraded its profit guidance for the year on Thursday, citing improved margin performance and successful acquisitions.
3i's Action unit performing strongly as expansion continues
Private equity and infrastructure group 3i has said that its European non-food discount retail chain Action has performed well since the start of the year as it continues to open new stores.
Serco lifts full-year profit guidance after ‘good’ progress in H1
Serco lifted its full-year profit guidance on Thursday following "good" progress in the first half.
Halma makes £36m bolt-on acquisition of fire detection firm
Safety equipment and hazard detection technologies group Halma is spending £36m on Portuguese fire detection and alarm systems maker Global Fire Equipment (GFE) to extend its presence in the European market.