News And Announcements
IWG warns on profits as market weakness continues
Flexible workspace provider IWG updated the market on its current trading on Thursday, reporting that the previously-anticipated sales improvement in the third quarter from the increase experienced in sales activity was weaker than expected, which resulted in a pause in the recovery of its mature business.
Rolet stepping down from LSE, reports solid third quarter
London Stock Exchange announced the departure of chief executive Xavier Rolet on Thursday, confirming he would leave the group by the end of December next year after nine years with the company.
Marshalls bolts on pre-cast concrete specialist CPM
Paving slabs and floor tiles maker Marshalls on Thursday agreed the bolt-on acquisition of pre-cast concrete manufacturer CPM Group for a total of £38. 3m cash.
SEGRO sees solid rental growth in third quarter
Property investment and development company SEGRO updated the market on its trading for the period from 1 July to 18 October on Thursday, reporting that it contracted £8. 8m of new headline rent in the third quarter, including £3. 8m in rent from existing space.
Rank Group digital revenues on the rise
British gaming services firm Rank Group grew its revenue 2% over the 16 weeks leading to 15 October thanks to a significant increase in its digital revenue business.
Domino's Pizza Germany's gobbles up Hallo Pizza
Domino's Pizza Group has snapped up Germany's largest pizza chain Hallo Pizza into its local franchise joint venture.
Schroders nine-month AuM up 9%
Asset manager Schroders reported a jump in assets under management and administration in the first nine months of the year.
Rentokil Q3 revenue rises, full-year guidance unchanged
Rentokil reported a 13. 7% rise in third-quarter ongoing revenue on Thursday as the company’s pest control division performed well.