News And Announcements
Finsbury Food H1 sales rise thanks to diversification strategy
AIM-listed cake manufacturer Finsbury Food said on Thursday that it performed in line with management expectations in the six months to 30 December thanks to its diversification strategy.
AB Foods confident despite sugar slump staining Primark gains
Associated British Foods reported a 3% increase in revenues in recent weeks, as strong growth from its Primark clothing retail arm was held back by a worse than expected decline in sugar.
Balfour Beatty sees positive impact from US tax cuts
Balfour Beatty said US President Donald Trump's tax cuts will result in a one off £20m non-cash credit from the revaluation of US deferred tax liabilities.
CVS posts jump in H1 sales on strong Animed performance
Integrated veterinary services provider CVS posted a rise in first-half sales on Thursday thanks to strong growth at its online pharmacy and retail business, Animed Direct.
Capita extends £70m customer contract with Marks & Spencer
Capita said on Thursday that Marks & Spencer has extended its longstanding customer contact partnership with the outsourcer by a further five years.
TRIG buys Irish onshore windfarm for €72m
The Renewables Infrastructure Group (TRIG) on Thursday said had bought the 41. 2 megawatt Irish Clahane wind farm and its 13. 8mw extension for €72m.
Convenience assets and airspace residential a winner for NewRiver
NewRiver REIT issued an upbeat third-quarter trading update on Thursday, saying its convenience-led portfolio remained “well-positioned” to deliver growing and sustainable cash returns.
Babcock wins 'significant' Italian firefighting contract
Engineering services company Babcock International has been awarded a "significant" national contract by the Italian Ministry of Interior for a fully outsourced aerial firefighting service.
EU Supply wins contract with Norwegian airport operator
AIM-listed e-procurement software provider EU Supply has won a contract with Avinor, the Norwegian state-owned airport operator.
Countrywide craters as it warns over full-year income
Property services group Countrywide warned on Thursday that 2017 income will be down on the previous year following a disappointing performance from its sales and lettings business.
Royal Mail delivers better Christmas letters and cost guidance
Royal Mail delivered a solid performance and 150m parcels over the Christmas trading period, with group revenue growth continuing on track for full year targets as parcels again made up for declines in letters.
Workspace reports ongoing strength amid usual seasonal downturn
Workspace Group reported a continuation of strong customer demand for much of its third quarter to 31 December on Thursday, with a seasonal fall in enquiries seen in December.
Tritax Big Box buys distribution centre for £36m
Real estate investment trust Tritax Big Box REIT on Thursday said it had bought a distribution centre in Cheshire for £36m.
BHP looking to offload US shale oil unit
Mining giant BHP said it was looking at offloading its US shale oil business either a trade sale, demerger or public offering.