Company News
Wednesday preview: Chinese foreign trade, Legal & General in focus
Financial markets' attention will shift to outside the US on Wednesday, barring surprises.
Director dealings: Steppe Cement CEO raises stake
Steppe Cement revealed on Tuesday that chief executive Javier del Ser Perez had acquired 300,000 ordinary shares in the AIM-listed cement production and sale business.
Fuller, Smith & Turner snaps up Warwickshire pub chain for £22.5m
Fuller, Smith & Turner has announced the acquisition of seven Warwickshire pubs with the £22. 5m takeover of Lovely Pubs.
Caterpillar beats profit forecasts despite revenue fall
Caterpillar announced a mixed set of second-quarter results on Tuesday, marked by a slight decline in revenue but a solid profit margin.
Uber beats expectations with strong second-quarter growth
Ride-hailing and delivery giant Uber Technologies reported a strong set of second-quarter results on Tuesday, surpassing Wall Street expectations and showing significant year-over-year growth across its key business segments.
Epwin Group flags stable first-half performance
Energy-efficient and low-maintenance building products manufacturer Epwin Group reported a stable first-half performance on Tuesday, with underlying operating profit in line with both the strong prior year comparative and the board’s expectations.
Airea reports decline in sales amid challenging market
Specialist flooring company Airea reported a 5. 6% year-on-year decline in sales for the first half on Tuesday, reflecting a challenging market environment.
Zotefoams reports record first-half sales performance
Cellular materials technology specialist Zotefoams reported record financial results for the first half on Tuesday, driven by strong sales and significant growth in its high-performance products (HPP) division.
Apax Global Alpha updates NAV, announces Thoughtworks privatisation
Apax Global Alpha (AGA), a London-listed investment company providing access to Apax private equity funds, updated the market on its portfolio on Tuesday, announcing the privatisation of Thoughtworks and its estimated adjusted net asset value as of the end of June.
Petra Diamonds postpones first tender of new financial year
Petra Diamonds announced the postponement of its first tender for the 2025 financial year on Tuesday, originally scheduled for August and September.
Monte dei Paschi upgrades profit outlook and payout ratio
Shares in Monte dei Paschi rose strongly on Tuesday after the Italian bank upgraded its payout ratio following a strong second quarter, and signalled it was close to selling its French arm MP Banque.
XP Power interim profits more than halve in 'challenging' trading environment
Critical power control solutions developer XP Power said on Tuesday that both revenue and profits had declined in the six months ended 30 June as a result of a "challenging" trading environment.
IWG reports record first-half revenue
International Workplace Group reported record first-half financial results on Tuesday, driven by a strategic network expansion across its brands including Regus and Spaces.
Renewi reports 3pc rise in quarterly revenue, earnings
Waste-to-product specialist Renewi reported a 3% year-on-year increase in revenue to €434. 4m for its first quarter on Tuesday, driven by higher core volumes and input prices across its commercial waste and specialities divisions.
Rotork delivers 'strong' H1 performance, reiterates FY guidance
Industrial flow control equipment manufacturer Rotork said on Tuesday that it had delivered a "strong H1 performance" as it reiterated its FY24 guidance.
Ceres Power inks licensing deal with Japan's Denso
Ceres Power licensed Denso Corp. to manufacture its solid oxide electrolyser cells for making green hydrogen fuel.
YouGov nudges up guidance, acquires AI firm Yabble
Shares in research and data analytics firm YouGov surged on Tuesday after the company upgraded its full-year guidance and announced the acquisition of research-focused AI firm Yabble.
Keller sees full year 'materially ahead' of market views
Keller surged on Tuesday as it said its full-year performance was set to be "materially ahead" of current market expectations after a strong first half.
Pawnbroker Ramsdens lifts FY profit expectations
Pawnbroker Ramsdens lifted its full-year pre-tax profit expectations on Tuesday as it said good trading momentum had continued into the second half.
SIG first-half revenue slips as tough markets linger
SIG reported a decline in first-half revenue in its interim results on Tuesday, reflecting difficult trading conditions across key markets.