Company News
Metro Bank shares jump on upgraded guidance
Metro Bank shares were rocketing on Wednesday morning, after it upgraded its guidance on the back of a strong set of first-half results.
Shaftesbury Capital reports robust first-half leasing activity
Shaftesbury Capital reported a 1. 6% increase in EPRA net tangible assets per share to 193. 4p in its half-year report on Wednesday, up from 190. 3p at the end of 2023.
Rio Tinto maintains dividend after stable first half
Rio Tinto reported underlying EBITDA of $12. 1bn for its first half on Wednesday, making for a modest 3% increase from the same period in 2023.
Ferrexpo H1 profits more than double
Ukraine-focussed mining firm Ferrexpo shares traded higher on Wednesday after the London-listed group revealed interim profits had more than doubled.
Rathbones H1 profits surge after IW&I merger
Rathbones posted a jump in first-half profit and funds under management on Wednesday as it said it was ahead of its objectives following a merger with Investec Wealth & Investment (IW&I).
Conduit RoE improves amid 'strong' growth in gross written premiums
Reinsurance business Conduit said on Wednesday that its return on equity had improved in the six months ended 30 June, driven by "strong" year-on-year growth in gross written premiums.
Design and installation segment weighs on Wickes H1 revenues
Wickes posted a drop in first-half group revenue on Wednesday as it was hit by "challenging" conditions in its design and installation division.
Just Eat H1 core profit rises, €150m share buyback launched
Just Eat backed its guidance for 2024 on Wednesday as it posted a more than 40% increase in first-half core profit and announced a new €150m share buyback programme.
GSK lifts guidance as Q2 sales beat forecasts
UK pharmaceutical company GSK raised annual forecasts after better-than-expected second-quarter results, driven by a strong performance from its cancer and HIV treatments.
Fresnillo hit by cyber incident but expects no financial impact
Precious metals producer Fresnillo has revealed that it was hit by a cyber attack that resulted in unauthorised access to certain IT systems and data.
Taylor Wimpey's H1 profits drop 21% as costs rise, pricing falls
UK housebuilder Taylor Wimpey saw profits fall by more than a fifth in the first half as residual build cost inflation and weaker pricing hit margins, but said it now expects full-year completions to be at the top end of guidance after a solid operational performance.