News And Announcements
Philips cuts guidance as tariffs hit bottom line
Shares in healthtech conglomerate Philips fell on Tuesday after the Dutch firm slashed its earnings outlook for 2025 due to the fallout from the US-China trade war.
Optima agrees to acquire mental health firm Care First
Optima Health announced on Tuesday that it has agreed to acquire the trade and assets of Care First from Priory Group in a deal that would significantly expand its mental health service offering and client base.
Filtronic trading ahead of expectations amid strong demand
Filtronic said in an update on Tuesday that it expects to exceed current market expectations for both the 2025 and 2026 financial years, driven by increased customer demand and expanded manufacturing capacity.
IWG reports modest first-quarter growth
International Workplace Group reported modest first-quarter revenue growth and strong cash generation on Tuesday, prompting it to double its share buyback programme to $100m while continuing to reduce leverage.
Getech revenue rises, loss narrows in 2024
Getech reported a 16% increase in revenue to £4. 7m for the year ended 31 December on Tuesday, as the subsurface resource specialist narrowed its EBITDA loss to £0. 56m from £2. 7 million a year earlier.
Alpha Group rejects all-cash takeover proposal from Corpay
Alpha Group confirmed on Tuesday that it has received a preliminary all-cash takeover proposal from Corpay, to acquire the entire issued and to be issued share capital of the company, but said its board unanimously rejected the approach after consultation with financial advisers.
Plus500 exceeds expectations in first quarter
Plus500 said in an update on Tuesday that its first-quarter financial performance exceeded market expectations, driven by continued strategic progress and strong operational momentum.
PRS REIT declares interim dividend
PRS REIT declared an interim dividend of 1. 1p per share for the third quarter of its financial year ending 30 June on Tuesday.
Anglo American committed to Aussie coal sale after Moranbah North stoppage
Anglo American confirmed in an update on Tuesday that it does not expect the recent stoppage at its Moranbah North mine to trigger a material adverse change clause in its agreement to sell its Australian steelmaking coal assets to Peabody Energy.
Zigup upbeat on mobility services recognition
Zigup has been awarded a King’s Award for Enterprise, it announced on Tuesday, in recognition of its efforts to promote opportunity through support for individuals from disadvantaged backgrounds.
Star Energy enters geothermal heating partnership with Veolia
Star Energy announced on Tuesday that it has entered into a memorandum of understanding with French infrastructure conglomerate Veolia to jointly develop large-scale geothermal heating projects in the UK, targeting the decarbonisation of heat supply for district heating schemes, commercial properties, hospitals, education campuses and industrial processes.
Amcomri flags full-year revenue, EBITDA growth
Amcomri Group said in an update on Tuesday that it expects to report a 24% rise in revenue to £58. 1m, and a 33% increase in adjusted EBITDA to about £7. 7m, for the year ended 31 December, driven by strong organic growth and the successful execution of its acquisition strategy.
AstraZeneca's Calquence gets Europe approval for MCL
AstraZeneca announced on Tuesday that it has secured European Commission approval for ‘Calquence’, or acalabrutinib, in combination with bendamustine and rituximab for the treatment of adult patients with previously untreated mantle cell lymphoma (MCL) who are ineligible for autologous stem cell transplant.
Deliveroo agrees to £2.9bn DoorDash sale
Online food delivery company Deliveroo said on Tuesday that it has reached an agreement with US rival DoorDash on the terms of a recommended final cash offer, with its American rival set to pay £2. 9bn for the consolidation.
Synthomer offloads inorganic chemistry business for £30m
Chemicals business Synthomer has agreed to divest William Blythe, its inorganic chemistry business, to its management team and H2 Equity Partners for £30. 0m.
StanChart Q1 beats forecasts on wealth management boost
Asia-focused bank Standard Chartered reported better-than-expected first-quarter profit, driven by strong growth in its wealth management but also warned of the impact of US President Donald Trump’s trade war.
NatWest profit beats forecasts as govt stake falls below 2%
NatWest first quarter profit beat expectations with a 36% jump Friday, driven by higher margins on deposits and increased mortgage lending, in its first results since the UK government ceased being a major shareholder.
Picton Property refinances revolving credit facility
Picton Property Income announced on Friday that it has completed the refinancing of its £50m revolving credit facility with NatWest Bank, ahead of the facility’s original maturity in May.
Iomart consolidates cloud services under Atech brand
Iomart Group announced the consolidation of its cloud services business under a single brand, Atech, on Friday, in a move aimed at strengthening its market positioning and enhancing client engagement.
Versarien court date scheduled after case management hearing
Versarien confirmed that a court hearing related to ongoing legal claims was now scheduled to take place between 23 February and 6 March 2026, following a recent case management hearing.