News And Announcements
HICL consortium wins bid for Liverpool's Burbo Bank windfarm
HICL Infrastructure Company is part of a consortium that has won the tender from electricity regulator Ofgem to own and operate the offshore transmission link to the Burbo Bank Extension windfarm in Liverpool Bay.
Sage Group unveils cloud acquisition, but growth slows in third quarter
Sage Group reported slowing third quarter trading and guidance for the full year, as it put out a pair of announcements after hours on Tuesday that also included its largest ever acquisition.
Zinc production shines in Vedanta's first quarter
Vedanta saw a number of production improvements in its first quarter, it reported on Wednesday, including an 84% rise in mined metal production at Zinc India to 233 kt, with refined zinc-lead metal production ahead 80% year-on-year at 228 kt.
PayPoint organic revenue grows despite UK retailer churn
PayPoint’s group organic revenue grew 4. 2% to £28. 4m in its first quarter, it reported on Wednesday, with UK retail services net revenue improving 10. 5%.
Petrofac wins Iraq work worth $100m
Oil services group Petrofac on Wednesday said it had won a contract extension and a new award with a combined value of more than $100m for construction management, engineering, commissioning and start-up services for two international oil companies in Iraq.
ITV broadcasts confident outlook as interim profits tumble
ITV upped its interim dividend as a show of confidence in the underlying business as first-half profits fell 8%, with a decline in advertising sales joined by fall in production profits due to higher investment and timing of shows.
Fresnillo makes good progress with silver and gold production
Quarterly silver production at Fresnillo was up 11. 7% year-on-year in the second quarter to 14. 5 Moz including Silverstream, the company reported on Wednesday, with first half production up 11. 2% year-on-year.
Antofagasta H1 copper production up 7.1%
Chilean copper miner Antofagasta said first half production rose 7. 1% year on year.
Berendsen H1 profit drops amid UK market challenges
Commercial laundry company Berendsen, which has agreed to be taken over by French rival Elis, posted a 5. 6% drop in half-year profit on Tuesday amid a deteriorating UK performance.
3i Group makes 'busy' start to financial year
It was a busy start to the year for 3i Group, it reported on Wednesday, with a net asset value per share of 628p and total return of 4. 1% as at 30 June.