Company News
AstraZeneca prices EUR 1.4bn eurobond offering
AstraZeneca announced on Tuesday that its wholly owned subsidiary, AstraZeneca Finance, priced a €1. 4bn eurobond offering on 29 July.
AG Barr backs full-year expectations as H1 sales rise
Irn-Bru maker AG Barr backed its expectations for the full year on Tuesday as it said revenue for the first half was set to rise versus the same period a year earlier.
Foxtons post double-digit H1 revenue and earnings growth
Real estate agency Foxtons Group reported double-digit revenue and earnings growth for the six months ended 30 June as it continues to deliver on its turnaround plan.
St James's Place outlines new growth targets, cost-cutting measures
Wealth management firm St James's Place outlined new growth targets and cost-cutting measures on Tuesday, sending the shares higher on early trading.
WPP appoints ex BT boss Philip Jansen as new chair
Advertising firm WPP said on Tuesday that it has appointed Philip Jansen - the former chief executive of BT Group - as its new chairman.
Sage reports slight Q3 slowdown in North America
Shares in Sage fell sharply on Tuesday after the enterprise software group reported a slight slowdown in top-line growth in its third quarter.
Spectris H1 operating profits fall as sales slow
Precision instruments supplier Spectris said on Tuesday that operating profits had fallen in the six months ended 30 June amid a drop in both sales and operating margins.
Games Workshop posts solid growth in revenue, profit
Games Workshop Group reported significant growth in both revenue and profit in its annual report on Tuesday, with core revenue rising to £494. 7m, from £445. 4m.
Essentra returns to growth in Q2, first-half revenue slips
Essentra reported a return to growth in its second quarter on Tuesday, and maintained its full-year expectations.
Revenue, operating profit falls amid challenging market for Bodycote
Bodycote reported a mixed first-half performance on Tuesday, amid a challenging market, as organic revenue grew by 1. 5% excluding surcharges, while total revenue declined 5% to £399m due to lower surcharges and foreign exchange headwinds.
Ascential tops first-half expectations after agreeing takeover by Informa
Events and business information company Ascential announced a solid set of first half results on Tuesday, surpassing market expectations.
Inchcape reports first-half growth after agreeing sale of retail arm
Inchcape reported a resilient first-half financial performance on Tuesday, with revenue growing 8% at constant currency and 4% on a reported basis, to £4. 7bn.
ConvaTec reiterates guidance after first-half revenue growth
Woundcare and medical products and technology specialist ConvaTec announced a robust set of interim results on Tuesday, with broad-based organic revenue growth of 6. 6%.
Croda cuts full-year profit outlook
Chemicals company Croda cut its full-year profit outlook on Tuesday as it pointed to a weaker-than-expected performance in life sciences, with continued destocking in crop protection and consumer health.
Senior inks five-year supply deal with Rolls-Royce
Components and systems manufacturer Senior announced a significant five-year contract with Rolls-Royce on Tuesday.
Paragon holds guidance as volumes, margins perform
Paragon Bank confirmed full-year guidance as volumes margins and costs during the third quarter were in line with expectations.
Weir Group scales back revenue guidance for full year
Scottish mining-focused engineering group Weir reported a small rise in first-half adjusted profits and said that strong aftermarket demand has bolstered its project outlook, though full-year revenues will likely miss forecasts.
Glencore to reveal decision on coal demerger next week
Commodities miner and trader Glencore held annual production guidance and said it would reveal whether a planned demerger of its coal and carbon steel assets would go ahead at interim results next week.
Greggs benefits from expanded range as interim profits rise
Bakery chain Greggs lifted its interim dividend on Tuesday as it reported a jump in profit and revenue as it benefited from an expanded food and drinks range.
UK's FCA considering redress scheme for motor finance claims
The UK’s financial watchdog said it was considering a compensation scheme for motor finance customers who complained about commission payments but was extending a deadline for companies to respond.