Company News
Mulberry rejects £111m takeover proposal from Frasers
Mulberry rejected a second takeover proposal from Mike Ashley’s Frasers Group on Tuesday, saying it was "untenable".
Wickes reiterates FY profit guidance following strong Q3 retail performance
Home improvement retailer Wickes said on Tuesday that its full-year profit outlook remains unchanged following stronger sales and volume growth in its retail unit.
Halfords sales dip as consumers cautious ahead of Budget
Halfords reported a small dip in sales on Tuesday as it said consumers remained cautious ahead of the Budget.
Mind Gym flags mixed first half, appoints new finance chief
Human capital and business improvement specialist Mind Gym reported a mixed first-half performance on Tuesday, in line with expectations as it continued its strategic transformation.
Virgin Wines earnings surge on steady full-year revenue
Virgin Wines UK reported steady full-year revenue in its annual report on Tuesday, at £59m, unchanged from the prior year, while adjusted EBITDA surged 59% to £2. 8m, driven by improved margins and operational efficiencies.
Morgan Sindall FY profits seen 'significantly ahead' of expectations
Construction firm Morgan Sindall said on Tuesday that full-year profits would now be "significantly ahead" of previous expectations.
Hunting cuts full-year guidance as oil prices fall
Shares in Hunting were sliding on Tuesday morning, after the company announced it was trimming its full-year guidance amid falling oil prices.
LPA Group appoints new chief executive
Electronic and electromechanical components and systems specialist LPA Group announced the appointment of Philo Daniel-Tran as its new chief executive officer on Tuesday.
HSBC appoints new CFO, announces restructure
HSBC announced the appointment of its new chief financial officer on Tuesday, as well as a number of key structural changes aimed at enhancing strategic execution and leadership.
InterContinental Hotels Q3 RevPAR rises 1.5%
InterContinental Hotels Group reported a jump in third-quarter room revenue on Tuesday, as good business demand and strength in the US and EMEAA helped to offset a weaker performance in China.