News And Announcements
Foxtons profit tanks 64%, cites economic and political uncertainty
First-half profits at London estate agent Foxtons tanked 64% as the company highlighted "unprecedented" economic and political uncertainty.
US strength sees Indivior lift guidance
Indivior beat half-year expectations and raised guidance for revenues and earnings thanks to continued strong market growth in the US, which was partially offset by generic competition in more price sensitive payors in the US.
Randgold Resources hopeful of resolving Mali tax dispute
Randgold Resources' chief executive Mark Bristow said late on Wednesday that the company is hopeful it will be able to resolve a tax dispute with Mali's government, and that operations in the country are continuing to deliver a robust performance.
Bodycote strong as industrial division recovers
Specialist coatings company Bodycote reported an 18. 8% surge in first half revenue to £345. 7m on Thursday, with its headline operating profit also showing a strong improvement of 25% to £61. 7m.
Lancashire Holdings pleased with first half returns amid 'soft market'
Global specialty insurance provider Lancashire Holdings saw a fall in its fully-converted book value per share in the first half, it reported on Thursday, to $6. 23 from $6. 40.
Kaz Minerals reports big jump in H1 copper production
Copper and gold miner KAZ Minerals said first half copper production more than doubled to 118 000 tonnes from 56,300 adding that it was on track to achieve its full-year guidance of 225,000 - 260,000 tonnes.
Mitchells & Butlers toasts sunny weather as sales fizz
Pub group Mitchells & Butlers served up some strong trading numbers for its third quarter, with total and like-for-like sales growth both accelerating amid the recent warm weather.
Jardine Lloyd Thompson profit up 12%, helped by weaker pound
Jardine Lloyd Thompson posted a 12% rise in underlying first-half pre-tax profit on Thursday as it benefited from a weaker pound.
Mitie says Q1 in line with expectations as revenue up 5.5%
Facilities management company Mitie said first quarter trading was in line with expectations and full year guidance remained unchanged.
Greencore revenue rises but UK remains challenging
Convenience food manufacturer Greencore posted an 11. 8% rise in group revenue in the 13 weeks to 30 June, with revenue year-to-date up 8. 8%.
National Express drives higher as first-half profit up 19%
Transport firm National Express pushed higher on Thursday after it reported a 19. 1% increase in operating profit for the first half of 2017.
Inchcape H1 profits up on stronger revenues
Automotive distributor and retailer Inchcape said first half reported profit before tax rose to £191. 7m from £165m.
British American Tobacco is lit ahead of smoking second half
Fresh from completing the massive acquisition of US rival Reynolds earlier in the week, British American Tobacco announced a solid set of first-half numbers, made to look even nicer thanks to strong currency tailwinds.
Sophos Q1 revenue, billings rise amid strong demand
FTSE 250 cyber security company Sophos reported a rise in first-quarter revenue and billings on Thursday amid strong demand following a spate of cyber attacks this year.
Revenue and earnings surge at Vesuvius
Vesuvius posted a 24. 4% rise in first-half revenue on Thursday to £831. 5m, with underlying revenue growth of 9. 6%, and a 46% improvement in trading profit to £86. 3m, or a 26. 7% underlying change.
Britvic reports increased revenue in Q3 trading update
Soft drinks maker Britvic saw its revenues increase during the third quarter thanks to strong performances in Ireland and France, the company said in a trading update.
Alliance Trust makes 'encouraging start' to year
Alliance Trust described its first half as an “encouraging start” to the year on Thursday, with its share price rising to 700p from 638p over the six months to 30 June, and its net asset value per share improving to 742. 2p from 667. 5p.
Tate & Lyle makes 'encouraging' start to year
Food group Tate & Lyle said it made an encouraging start to the year with profit in constant currency for the first quarter ended June 30 ahead year on year with volume ahead in both divisions.
Renishaw reports record revenue as it invests in growth
Renishaw claimed record revenue of £536. 8m in its full-year results on Thursday, with underlying growth of 14% during the year.