News And Announcements
Thomas Cook upbeat as revenue and earnings rise
Thomas Cook reported a “good performance” in its third quarter on Thursday, with group revenue rising 14% on a like-for-like basis to £2. 27bn, despite what the company called a “competitive environment”.
Emerging markets help Smith & Nephew to H1 profit rise
Medical equipment maker Smith & Nephew said first half operating profit increased to $414m from $357m assisted by growth in emerging markets as it issued unchanged guidance for the full year.
AstraZeneca results in line as new partnership struck with Merck, Mystic disappoints
AstraZeneca performed in line with expectations in the first half of 2017, it reported on Thursday, but the drug giant also announced disappointing results from a key lung cancer trial.
Essentra proposes closure of Newport carton facility
Essentra announced a proposal to end the production of folding cartons for the consumer goods industry at its site in Newport on Thursday, and as a result close the site.
Relx posts jump in first-half profit
Professional information and analytics company Relx reported a rise in first-half profit on Thursday as revenue grew.
Sky pleased with results as revenue rises, earnings slip
Sky reported on a “strong year” in its results on Thursday, reported a 10% increase in revenue on a comparable 52-week basis to £12. 9bn, or 5% growth at constant currency.
Rentokil increases guidance as weak pound, disposals boost H1
Disposals and the weak pound helped pest control group Rentokil report a 637% increase in first half pre-tax profits to £592. 9m.
St. James's Place's cash results miss forecasts at half-year stage
St. James's Place continued to see strong demand for its services during the first half of the year, despite which its cash result missed analysts' forecasts.
Schroders profit up as AuM reach all-time high
Wealth manager Schroders reported a rise in first-half pre-tax profit on Thursday as assets under management grew.