News And Announcements
Cineworld profits rise home and abroad, with Star Wars still to come
British cinema outlet, Cineworld Group said its half-year revenue rose 17. 8% on last year thanks to strong box office showings by titles like 'Beauty and the Beast', 'Guardians of the Galaxy Vol. 2' and 'The Fate of the Furious'.
Hill & Smith H1 profits up on infra spending, weak pound
Infrastructure group Hill & Smith Holdings said first half pretax profits rose 73% to £33. 5m, boosted by higher infrastructure spending in key markets and the weak pound.
Higher prices and lower costs see EVRAZ soar in first half
EVRAZ reported a significant improvement in its free cash flow in its unaudited interim results for the six months to 30 June on Thursday, rising to $549m from $102m in the first half of last year.
LondonMetric in £116m logistics purchase
LondonMetric Property said it had bought 14 urban and regional logistic warehouses for £116. 6m from Cabot Properties.
Weak sterling boosts PageGroup in first half
Specialist professional recruitment company PageGroup reported solid first-half revenue growth on Thursday, with the figure rising 16. 9% compared to last year to £673. 1m, or 7. 7% at constant currencies.
Go-Ahead loses West Midlands franchise to Dutch-Japanese consortium
Listed passenger transport operator Go-Ahead lost its bid to continue operating the West Midlands rail franchise on Thursday, as the contract was won by a consortium led by Abellio.
TUI third-quarter numbers ascend after late Easter
Travel operator TUI booked a strong third quarter performance, with sales and profits taking off during the early summer months, although it left its full year targets unchanged.
Ibstock building momentum in UK bricks but US softens
Brick-maker Ibstock grew revenue 8% and underlying pre-tax profits 14% in the first half of the year as it invested in extra UK capacity to meet housing demand but reported a slowdown in its smaller US business.
Card Factory greets H1 with 3.1% rise in sales
Card Factory reported a 3. 1% increase in first half like-for-like sales as the company opened 30 new stores during the period.
Tough oil market hits Amec Foster first half trading profits
Oil and gas services company Amec Foster Wheeler said first half trading profits fell 8% to £162m as weak upstream oil and gas markets took their toll.
Coca-Cola HBC serves up solid first half earnings
Coca-Cola HBC, one of the Coca-Cola Company’s largest bottlers, posted solid first-half growth on Thursday with volume rising 1. 4% to 1. 02bn unit cases, while net sales revenue was ahead 5. 6% at €3. 21bn.
Aldermore misses 1H EPS forecasts, but spies dividend payments
Aldermore missed analysts' interim profit forecasts despite a reduction in its cost-to-income ratio, but held out the prospect of dividend payments, saying it was on track to meet targets for beefing up its capital buffers.
Commods prices lift Glencore H1 as company looks to growth in battery market
Higher commodity prices boosted first half earnings at Glencore with adjusted earnings before interest, tax depreciation and amortisation up 70% to $6. 7bn as the company said the growth in the electric car and battery storage market would unlock new demand for metals.