Company News
30 Jan
dl metro bank holdings plc mtro financials banks banks banks ftse logo 20230912 1033
Metro Bank in talks to offload consumer loan book portfolio

Metro Bank has confirmed it is in talks to offload its performing consumer loan portfolio, as part of a wider plan to refocus on commercial lending.

30 Jan
dl ricardo plc rcdo industrials construction and materials construction and materials engineering and contracting services lse logo 202590201 1427
Ricardo FY results hit by order delays, shares tumble

Ricardo shares tanked on Thursday as it said full-year results will be below consensus expectations due to order delays in several end markets.

30 Jan
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St James's Place reports strong end to 2024

St James’s Place reported a strong 2024 performance in an update on Thursday, with gross inflows rising 20% to £18. 41bn.

30 Jan
dl alfa financial software holdings alfa technology technology software and computer services software ftse 250 logo 20240724 1108
Alfa Financial beats profit forecasts on Q4 sales jump

Asset finance software group Alfa Financial impressed the market with a strong uptick in top-line growth in the fourth quarter, helping profits to beat expectations.

30 Jan
dl shell plc ftse 100 energy oil gas and coal integrated oil and gas logo
Shell Q4 profits miss expectations but dividend hiked

Oil giant Shell lifted its dividend on Thursday even as it posted a bigger-than-expected drop in fourth-quarter profits.

30 Jan
dl greencore sandwiches manufacturing food convenience factory logo sign ftse 250
Greencore makes 'positive start' to FY25, Q1 revenues up

Convenience food business Greencore said on Thursday that Q1 revenues were up after it made a "positive start to FY25 trading".

30 Jan
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Saga lifts full-year profit expectations

Over-50s specialist Saga lifted its full-year profit expectations on Thursday as it said it had successfully refinanced its corporate debt in full.

30 Jan
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Rank boosts full-year profit guidance

Gambling and gaming operator Rank Group boosted its full-year guidance on Thursday, following strong trading over the Christmas and New Year holidays.

30 Jan
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DiscoverIE FY earnings seen in line with internal expectations

Electronic components manufacturer DiscoverIE said on Thursday that it remains on track to deliver full-year underlying earnings in line with internal expectations.

30 Jan
dl auction technology group plc ftse 250 technology software and computer services consumer digital services logo
Auction Technology Group reiterates guidance after in-line Q1

Online auction marketplace operator Auction Technology Group has maintained its annual guidance after an in-line first-quarter performance.

30 Jan
hollywood bowl tenpin bowling
Hollywood Bowl makes strong start to year after record Dec sales

Hollywood Bowl said it had made a strong start to the financial year with record revenue in the UK and Canada in December.

30 Jan
dl future publishing information trade specialist press logo ftse 250
Future appoints Kevin Li Ying as new CEO

Media group Future said on Thursday that it has appointed Kevin Li Ying as its new chief executive officer with effect from 31 March, succeeding Jon Steinberg.

30 Jan
dl serco group plc ftse industrials industrial goods and services industrial support services professional business support services logo 20230221
Serco acquires MT&S business from Northrop Grumman

Public services firm Serco has agreed to acquire Northrop Grumman's mission training and satellite ground network communications software business for $327. 0m in cash.

30 Jan
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Fever-Tree surges on Molson Coors strategic partnership

Shares of Fever-Tree Drinks surged on Thursday as it announced that Coors Light maker Molson Coors will buy an 8. 5% stake in the posh tonic maker for £71m in cash, with the proceeds set to be returned to shareholders via a share buyback programme.

30 Jan
dl glencore plc glen basic materials basic resources industrial metals and mining general mining ftse 100 premium 20230328 1817
Glencore hits annual production targets as H2 output picks up

Mining and commodities giant Glencore delivered on its targets for 2024 production volumes on the back of stronger second-half performances from its key commodities.

30 Jan
dl airtel africa plc aaf telecommunications telecommunications service providers telecommunications services ftse 100 premium 20230327 1758
Airtel Africa reports solid Q3, launches second $100m buyback

Airtel Africa reported a strong operating performance for the nine months ended 31 December, with revenue growth of 20. 4% in constant currency, although reported revenue was down 5. 8% due to currency devaluations, as it launched a second $100m share buyback.

30 Jan
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BT revenues fall in Q3 amid weaker phone sales

Telecommunications giant BT said on Thursday that Q3 revenues had fallen amid weaker phone sales and a struggling business unit.

30 Jan
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3i Group on track after strong Q3 from Action

Private equity and infrastructure investor 3i Group said it is on track to deliver strong full-year results after a solid third quarter, driven by ongoing growth in flagship portfolio company Action.

30 Jan
dl sage group ftse 100 technology software and computer services logo
Sage reiterates guidance after solid growth in Q1

Corporate software group Sage said it has made a strong start its new financial year with revenues rising by a tenth in the first quarter, as all regions delivered solid growth.