News And Announcements
Weather and inflation put pressure on Mitchells & Butlers
Mitchells & Butlers posted its pre-close trading update ahead of its full-year results on Thursday, reporting that following a “strong sales performance” in early summer, the market had become more challenging in recent weeks, with poor weather compared to last year particularly impacting drink sales.
IG generates record revenues from 'quiet' summer months
IG Group generated record revenues in the three months to end-August, boosted by strong overseas growth for the online trading broker as UK client numbers tailed off.
Full-year profit at Kier Group jumps 8%
Construction and services company Kier Group reported a rise in full-year pre-tax profit on Thursday as revenue grew and its business remained relatively unaffected by Brexit.
Paragon restructuring whole group under bank division
In a bid to accelerate its “transformation” into a diversified specialist banking institution, the Paragon Group of Companies revealed a “strategic reorganisation” of the group on Thursday.
Compass CEO Richard Cousins to step down, Dominic Blakemore to succeed him
FTSE 100 catering group Compass said on Thursday that Richard Cousins will step down from his role as chief executive officer on 31 March 2018.
Fresnillo headquarters, mines get the all-clear after Mexico quake
Fresnillo worked to reassure investors over the security of its operations on Thursday, after a fatal and devastating earthquake hit Mexico City on Tuesday.
CRH snaps up US cement producer
CRH has struck a deal to acquire Kansas-based Ash Grove Cement Company for $3. 5bn.