Company News
Maersk upgrades guidance after strong second quarter
Maersk reported a significant improvement in its second-quarter financial performance on Wednesday, driven by strong volume growth across all of its business segments.
Novo Nordisk lifts sales outlook but Q2 profits miss the mark
Shares in Novo Nordisk slumped in Copenhagen on Wednesday after the Danish pharma group missed forecasts with its second-quarter profits and cut its earnings guidance for the full year.
Ofwat to appoint independent monitor to Thames Water
Ofwat said on Wednesday that it was looking to appoint a monitor to report on Thames Water’s progress in turning the business around after the water company lost two investment grade credit ratings.
4Imprint H1 profits grow despite 'challenging market conditions'
Promotional products marketing group 4imprint said on Wednesday that both revenue and profits had grown in the six months ended 29 June as the group took share in "challenging market conditions".
Hiscox H1 profits rise despite 'more active loss environment'
Lloyd’s of London insurer Hiscox posted a rise in first-half pre-tax profit on Wednesday despite a "more active loss environment".
Tullow Oil profits jump in first half, capex scaled back
Tullow Oil was able to grew profits in the first half of 2024 despite a weaker top line, as the Irish oil and gas group reduced its capital expenditure budget for the full year.
Tritax Big Box H1 profits grow, hikes interim dividend
Real estate investment trust Tritax Big Box said on Wednesday that profits had grown in the six months ended 30 June, leading to a slight year-on-year hike in the group's interim dividend.
Glencore posts sharp drop in 1H profits but upbeat on shareholder returns
Glencore posted a sharp decline in operating and net profits at the half-year stage, but sounded an optimistic note on the outlook for shareholder returns.
CLS H1 losses narrow, makes first letting at Artesian
Commercial property investment firm CLS Holdings reported mixed H1 numbers on Wednesday as it also revealed it had struck a deal for its first letting at its Artesian asset in East London.
TP ICAP reports first-half growth, launches third share buyback
TP ICAP reported steady growth across key metrics in its first-half results on Wednesday, as it launched its third share buyback programme valued at £30m.
Annuities help boost Legal & General interim profit; Divi rises 5%
Financial services and asset management group Legal and General on Wednesday posted interim operating profit that beat analyst forecasts, driven by higher annuity sales.
WPP lowers guidance after steady first-half performance
WPP, the world's largest advertising company, reported a steady first-half performance on Wednesday, although macroeconomic pressures and challenges in key markets such as China saw it revise its full-year outlook.
Quilter delivers record H1 adjusted profits
Wealth management firm Quilter posted record interim adjusted profits on Wednesday as net inflows bounced back amid a recovery in global equity markets throughout the half.
Coca-Cola HBC lifts 2024 guidance after strong first half
Coca-Cola HBC, the UK-listed anchor bottler for the American beverage giant, has upgraded its guidance for 2024 after a strong first half with solid revenue growth and market share gains.
Rightmove appoints internal candidate as new CFO
Property portal Rightmove has announced that it is recruiting an internal replacement for its outgoing chief financial officer.