Headline News
Dunelm's biggest shareholder sells 4.9% stake in placing
Barclays said on Tuesday that Dunelm’s biggest shareholder, Will Adderley, and his private investment firm WA Capital, have sold a 4. 9% stake in the homeware retailer in a placing to institutional investors.
RS Group ups cash conversion target as it outlines strategy
RS Group said on Tuesday that it had identified around 150 basis points of additional cost efficiencies, which would contribute to achieving its medium-term target of mid-teen operating profit margins.
German business sentiment deteriorates more than expected - Ifo
German business sentiment deteriorated more than expected in September, according to a survey released on Tuesday by the Ifo Institute.
NewRiver agrees £147m takeover of Capital & Regional
NewRiver REIT announced a recommended cash and share offer to acquire Capital & Regional on Tuesday, in a deal valued at £147m.
Zigup maintains forecasts as new vehicle supply improves
Commercial vehicle rental provider Zigup reported significant improvements in new vehicle supply in an update on Tuesday, bolstering its fleet replacement plans amid robust demand for light commercial vehicles (LCVs).
Card Factory posts drop in interim profit, shares slide
Card Factory tumbled on Tuesday as it posted a decline in first-half profit, partly due to increases in the national living wage.
SThree maintains expectations amid tough market conditions
STEM recruitment specialist SThree reported an 8% year-on-year decrease in net fees in a third-quarter update on Tuesday, primarily driven by an 8% decline in contract-related revenues, which now constituted 84% of total net fees.
Tui reaffirms full-year earnings guidance
Travel firm TUI reaffirmed its full-year earnings guidance on Tuesday, hailing a "promising" start to Winter 2024/25 as consumers continue to prioritise spending on leisure experiences.
AG Barr backs FY expectations as interim profits, revenue grow
Irn-Bru maker AG Barr backed its full-year expectations on Tuesday as it posted a rise in interim profit and revenue and lifted its dividend.