News And Announcements
McColl's reports 31% jump in third-quarter sales
Convenience store chain McColl's reported a 31% rise in total revenue for 13-week period to 27 August and a 15. 8% jump year-to-date following the successful integration of 298 acquired convenience stores.
Morses Club hails encouraging first half
Doorstep lender Morses Club reported a rise in its customer numbers and loan book in the 26-week period to 26 August, in an update that came hot on the heels of a profit warning from rival Provident Financial last week.
Melrose Industries swings to profit but warns on Brush unit
Engineering group Melrose Industries said first-half pre-tax profit rose to £47. 8m from a £9. 2m loss a year earlier as it warned that conditions at its Brush unit had worsened.
Hays FY profit jumps on solid Europe performance, special dividend announced
FTSE 250 recruiter Hays posted a rise in full-year profit on Thursday as it announced its first special dividend following a solid performance in Europe and a stabilisation in the UK.
Ultra Electronics partners with Jupitor of Japan
Ultra Electronics announced on Thursday that it has expanded its relationship with Jupitor Corporation of Japan to support the introduction of its latest technologies on major Japanese aerospace programmes.
Redefine sells BMW showroom for £26m
Redefine International said had completed on the sale of the Sytner BMW showroom in High Wycombe for £26. 1m to an unnamed UK pension fund.
BAT restructures to focus on 'next generation' tobacco products
British American Tobacco updated the market on its management structure on Thursday following the completion of the acquisition of Reynolds American.
Jimmy Choo H1 profit rises 174%
Luxury retailer Jimmy Choo, which agreed to be bought by Michael Kors back in July, reported a big jump in first-half profit on Thursday.
Organic growth helps Grafton build solid interim profits
Interim pre-tax profits at international building materials distributor Grafton rose 18% to £74. 1m driven by organic growth across its core businesses.