Market Pulse
Shield Therapeutics net sales grow in Q2, CEO stands down
Commercial-stage pharmaceutical company Shield Therapeutics said on Wednesday that total net sales had grown in Q2, driven by "robust" increases in prescriptions and higher net selling prices.
Volution hikes earnings expectations ahead of year-end
Air quality technology designer and manufacturer Volution upgraded its expectations for the financial year about to end on Wednesday, anticipating adjusted earnings per share to be slightly ahead of current market forecasts, driven by strong performance in the UK residential sector.
Grainger acquires £31m build-to-rent asset in Manchester
Listed residential landlord Grainger announced the acquisition of The Astley, a £31m build-to-rent asset in Manchester, on Wednesday.
Hochschild Mining reports robust first-half production
Hochschild Mining reported robust first-half production numbers and a solid financial position in an update on Wednesday, having produced 103,752 ounces of gold and 4. 1 million ounces of silver, amounting to 152,792 gold equivalent ounces and 12. 7 million silver equivalent ounces.
RHI Magnesita revenue stable amid challenging market
Refractory products specialist RHI Magnesita reported stable revenue and resilient margins in its half-year results on Wednesday, despite a challenging demand environment.
Third-quarter profits rise 16pc at easyJet
Low-cost carrier easyJet reported a significant year-on-year improvement in its third-quarter financial performance on Wednesday, with a 16% increase in headline profit before tax, amounting to £236m.