News And Announcements
Partial sales of investee firm nets Origo up to £3.2m
Origo announced on Thursday that its investee company Niutech Energy was selling a 5. 9% interest in its own operating company, Jinan Heng Yu Environmental Protection Technology, for gross cash proceeds of up to CNY 28. 5m (£3. 2m) in two tranches.
Enlarged Animalcare resumes trading on AIM
Shares in Animalcare resumed trading on AIM on Thursday morning, after the successful acquisition of Ecuphar and the placing of 9,340,168 shares to raise £32. 7m.
Telford Homes on track to exceed £40m profit for 2018
AIM-listed London-focused residential property developer Telford Homes said on Thursday that it is on track to exceed £40m of pre-tax profit for the year to the end of March 2018.
ASOS sales up 32%, sees FY sales growth at upper end of range
Online fashion retailer ASOS said on Thursday that sales in the four months to the end of June rose 32% as international revenue increased 44%, and it expects sales growth for the current financial year to be at the upper end of its 30-35% range.
BTG makes solid start to 2018 financial year
Investors in global specialist healthcare company BTG were preparing for the firm’s annual general meeting on Thursday morning, with chief executive Louise Makin confirming the group’s strong performance in the 2017 financial year had carried over into the start of the 2018 year.
Babcock maintains outlook as new year 'starts well'
Babcock, the marine and aerospace engineer, said its new financial year has begun well, with 82% of revenues for the full year already booked.
LondonMetric buys two M&S retail assets for £25m
LondonMetric Property has acquired two Marks & Spencer stores in Newport, Isle of Wight and Kendal, Lancashire for £24. 6m.