News And Announcements
NCC slips into losses but remains confident after strategic review
NCC Group, the IT security and escrow specialist, reported a big swing to losses for the full year but held its dividend and presented the results of a strategic review.
Scapa Group trading in line, confident over outlook
AIM-listed Scapa Group said on Tuesday that it is well positioned to make further progress this year as it expressed confidence over its outlook.
Just Group H1 new business sales rise 3%
Just Group said first half new business sales rose 3% driven by a 16% rise in retirement income products to £720m.
Carillion venture wins two more soft facilities contracts
Integrated support services company Carillion, as part of a joint venture, was awarded the HESTIA North, and Scotland and Northern Ireland soft facilities management multi activity contracts, it emerged on Tuesday morning.
Rio Tinto cuts iron ore shipment guidance
Rio Tinto cut full-year iron ore shipment guidance after volumes in the second quarter were lower than expected due to rail maintenance and poor weather.
Assura rent roll grows as acquisition frenzy continues
Primary care property investor and developer Assura continued to make “good progress” in its first quarter, it reported on Tuesday, completing the acquisition of 24 medical centres for gross consideration of £48. 9m, with an aggregate passing rent roll of £2. 5m and a weighted average unexpired lease length of 13. 1 years.
IP Group performs well in first half, ups offer for Touchstone
Intellectual property-based business developer IP Group saw its net assets grow to £968. 1m in its first half, it reported on Tuesday, from £748. 5m year-on-year, while its hard net asset value was firmer at £890. 5m, from £683. 5m 12 months earlier.
Vesuvius appoints Patrick Andre as new CEO
Vesuvius said on Tuesday that Patrick Andre, the president of its flow control business, will succeed Francois Wanecq as chief executive with effect from 1 September.
Experian revenue growth weakened by UK and Ireland
Information services company Experian reported total revenue growth of 5% in its first quarter on Tuesday, driven primarily by a 17% surge in revenue in Latin America, as well as 8% growth in North America and 5% in the EMEA-Asia Pacific regions.
Dairy Crest first half in line, full-year outlook unchanged
Dairy Crest said on Tuesday that trading in the first quarter was in line with expectations and the company's outlook for the full year remains unchanged.
British Land in £300m share buyback
British Land on Tuesday announced a £300m buyback, saying opportunities investment in the company's shares at the prevailing discount “offers better value than further asset acquisitions”.