Company News
Deadline for Bellway to make firm Crest Nicholson offer extended
The deadline for Bellway’s potential acquisition of Crest Nicholson has been extended, the two companies announced on Thursday, allowing more time for due diligence and negotiation.
Deutsche Telekom upbeat on strong second-quarter
Deutsche Telekom has reported a strong second quarter on Thursday, continuing its steady growth trajectory.
Lancashire's first-half profits jump 26%
Bermuda-based Lancashire Holdings saw profits rise by 26% in the first six months of 2024 as the non-life insurance group delivered its best-ever half-year performance.
Persimmon on track for FY completions at top end of guidance
Housebuilder Persimmon reported a decline in first-half pre-tax profit on Thursday but said it was on track to deliver full-year completions at the top end of guidance.
Helios Towers shares slide despite strong first half
Helios Towers announced a strong set of first-half results on Thursday, with upgraded full-year guidance, but its share price was well below the waterline as investors reacted to a fall in quarterly profit.
Derwent London upgrades rental guidance after strong half-year
Derwent London reported a strong first-half rental income performance on Thursday, leading to an upgrade to its rental growth guidance.
Ti Fluid Systems posts H1 profit beat, reaffirms FY margin guidance
Automotive components manufacturer TI Fluid Systems posted interim profits that came in ahead of expectations on Thursday and said it was confident that adjusted underlying earnings margins would continue to expand throughout FY24.
IP Group increases buyback programme by £10m
Intellectual property business IP Group said on Thursday that it would increase its current share buyback programme as a result of cash proceeds from H1 exits coming in ahead of the prior year.
CRH lifts FY core profit guidance
Building materials group CRH said on Thursday that it was lifting its full-year guidance as it posted a jump in second-quarter core profits.
Beazley reports record first-half profit
Beazley announced a record profit before tax of $728. 9m for the first half on Thursday, nearly doubling its $366. 4 million profit from the same period last year.
Hill & Smith reports solid first half, but shares drop
Shares in Hill & Smith dropped on Thursday despite the company reaffirming recently upgraded full-year guidance after a solid first-half performance.
Hikma Pharmaceuticals outlines 'excellent' H1, upgrades FY guidance
Pharmaceutical company Hikma Pharmaceuticals shares were in the green early on Thursday after the group's H1 results pointed to an "excellent" start to the year and upgraded FY guidance.
Spirax Group H1 results fall short of expectations
Industrial and commercial steam system products manufacturer Spirax Group fell short of market expectations with its first-half performance but said on Thursday that H2 would be stronger.
Genuit in two acquisitions for £5.2m
Ventilation specialist Genuit Group said it had bought Sky Garden Limited, Omnie and Timoleon for a combined £5. 2m.
Morgan Sindall FY performance to be 'slightly ahead' of expectations
Construction company Morgan Sindall said on Thursday that its full-year performance was set to be "slightly ahead" of its previous expectations after a record first-half performance.
Entain upgrades full-year guidance after strong Q2
Sports betting and gaming group Entain has lifted its full-year guidance after a stronger-than-expected second quarter along with the revised timing of regulatory implementation in Brazil and the Netherlands, causing shares to surge on Thursday.
Assura to buy Northwest Healthcare Properties UK portfolio for £500m
Assura said it had signed a deal with Northwest Healthcare Properties to buy its UK private hospital portfolio for £500m.
Harbour Energy narrows FY production guidance
Harbour Energy narrowed its full-year production guidance on Thursday as the oil and gas producer pointed to "good" progress on its capital projects and planned maintenance shutdowns.
Deliveroo sees FY in upper half of forecasts as it swings to profit
UK takeaway delivery company Deliveroo on Thursday said it expected annual earnings to be in the upper half of forecasts after swinging to a profit for the first six months of the year.
PageGroup profits slide in 'challenging' markets
Recruiter PageGroup posted a slump in first-half profit on Thursday as revenue fell in "challenging" market conditions.