Company News
Direct Line unveils plans to boost growth
Direct Line is to put its flagship motor brand on price comparison websites for the first time, the insurer said on Wednesday, as part of a wider strategy intended to boost profits and cut costs.
Zigup FY revenues grow as vehicle supply improves
Automotive rental provider Zigup said on Wednesday that both revenues and earnings had grown in the year ended 30 April amid improving vehicle supply and a growing footprint.
Dekel reports strong period for palm oil operation
West African agriculture company Dekel Agri-Vision said in an update on Wednesday that its palm oil operation saw another strong financial performance in the first half, driven by robust production levels and historically high crude palm oil (CPO) prices.
Travis Perkins appoints new chief executive, chair
Travis Perkins announced the appointment of Pete Redfern as its new chief executive officer on Wednesday, and Geoff Drabble as chair designate, in two big changes to its leadership team.
Grafton revenues fall amid 'challenging' market
Building and DIY supplies group Grafton said revenue fell 4. 4% in the first six months of the year amid challenging trading conditions as consumers held back on discretionary spending.
Liontrust upbeat despite fall in assets
Liontrust Asset Management reported a fall in assets on Wednesday, but insisted it was "well placed" to benefit from an improving environment.
Diversified Energy to buy eastern Texas natural gas assets for $106m
Diversified Energy said on Wednesday that it has agreed to buy natural gas assets from Crescent Pass Energy for about $106m (£84m).
HGCapital Trust sells partial stake in team.blue
HgCapital Trust said it had agreed the partial sale of its investment in tech company team. blue to the Canada Pension Plan Investment Board for an undisclosed sum.
Wetherspoons reports solid Q4 growth with sales at record levels
Wetherspoons has said it expects profits to hit market expectations as it closes out its financial year with strong sales momentum.