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Company News
17 Sep
Ovo ordered to pay £2.4m for customer complaint failings

UK energy supplier Ovo has been ordered to pay £2. 4m in compensation to customers and a government redress fund due to failures customer complaints handling.

17 Sep
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W7 owner Warpaint hails another record first half

Cosmetics company Warpaint posted a jump in first-half sales and profit on Tuesday, with a record level of sales delivered at a significantly higher margin.

17 Sep
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BAT makes leadership changes as part of 'tobacco harm reduction' focus

British American Tobacco (BAT) announced a number of leadership changes on Tuesday, aimed at accelerating its strategy to build a smokeless future and enhance sustainability.

17 Sep
IP Group NAV falls but sees investor appetite for portfolio

Life sciences investor IP Group reported a wider half-year loss and lower net asset value against what it called a “challenging” economic backdrop but said there were signs that conditions were improving with increase “appetite” for its portfolio.

17 Sep
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Revenue rises but losses widen for Comptoir Group

Comptoir Group, the owner and operator of Lebanese, Middle Eastern, and North African-inspired restaurants, reported a 7. 4% increase in group revenue in its interim results on Tuesday, reaching £15. 9m, compared to £14. 8m in the same period last year.

17 Sep
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Petershill Partners unveils special divi as first-half profits rise

Private equity group Petershill Partners has reiterated its guidance for 2024 after a solid first half, with double-digit growth in partner fee-related earnings and assets under management, as it announced a special dividend following a recent disposal.

17 Sep
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Playtech to sell Italian business to Flutter for €2.3bn

Gambling technology firm Playtech said on Tuesday that it has agreed to sell its Italian business, Snaitech, to Paddy Power owner Flutter Entertainment for €2. 3bn in cash.

17 Sep
Japan to review GSK's Blenrep drug application

Japan's health ministry has accepted for review a new drug application (NDA) for GSK's Blenrep blood cancer treatment, marking the third major regulatory filing acceptance for the drug.