News And Announcements
Airport passenger growth lifts SSP Group revenues
Global food travel operator SSP Group said it expected full-year revenue to increase 11. 4% after a rise in fourth quarter passenger numbers at airports.
HarbourVest reaches net asset value milestone
Closed-end investment company HarbourVest Global Private Equity posted its unaudited results for the six months to 31 July on Thursday, reporting 8% growth in net asset value per share to $19. 98 during the period.
Syncona's Nightstar reveals details on US IPO
Healthcare investment company Syncona noted on Thursday that its portfolio company Nightstar Therapeutics announced the pricing of its initial public offering in the United States of 5,360,000 American depositary shares, representing 5. 36 million ordinary shares at an initial public offering price of $14. 00 per ADS for total gross proceeds of approximately $75m (£56m).
CMC Markets H1 profit "significantly higher" but cautious on outlook
CMC Markets said on Thursday that profitability in the first half of 2018 was "significantly higher" than a year ago, but the spreadbetting firm sounded a cautious note on the outlook on the back of regulatory uncertainty.
Euromoney trading in line, Q4 revenues seen up 3%
Euromoney Institutional Investor said on Thursday that overall trading since its last update in July has continued in line with the board's expectations for the year, with reported revenues for the fourth quarter expected to show a 3% rise, largely thanks to the acquisition of price reporting agency RISI in April.
Stagecoach on track as UK bus revenue falls
Stagecoach Group updated the market on its current trading on Thursday, confirming its earnings expectations for the year to 28 April 2018 remained unchanged.
Synthomer buys BASF Austrian rubber business for £26m
Speciality chemical company Synthomer said it had bought BASF's Austrian styrene butadiene rubber business for €30m (£26. 31m).