News And Announcements
Safestyle warns on profits as market continues to deteriorate, competition hots up
Hot on the heels of a warning in December, AIM-listed windows and doors specialist Safestyle cautioned on Wednesday that revenues and underlying profit for 2018 will be "materially below" the previous year’s levels and current market expectations as the market continues to deteriorate.
Weir profit surges on stronger minerals and oil orders
Weir Group’s annual profit surged as orders rose at the FTSE 250 engineer’s minerals business and its oil and gas operation returned to profit amid resurgent market prices.
SIG to sell loss-making modular business to Urban Splash for £1
FTSE 250 building products distributor SIG has agreed to sell its loss-making modular offsite construction business, Building Systems, to residential housing developer Urban Splash for £1.
Genus slips despite bullish outlook and strong first half
Genus, the animal genetics specialist, reported strong profits growth for the first half of its financial year and was bullish about prospects for its recently launched Sexcel product, despite warning of more demanding year-on-year comparisons in the second half.
Jardine Lloyd Thompson sees solid growth in 2017
Jardine Lloyd Thompson Group issued its preliminary results for the year ended 31 December on Wednesday, reporting revenues of £1. 39bn - up 10%.
James Fisher elevates Fergus Graham to director position
James Fisher & Sons announced on Wednesday that Fergus Graham will be joining its board as an executive director, with effect from 1 March.
BGEO subsidiary wins best investment bank in Georgia
BGEO Group announced on Wednesday that its banking business subsidiary, JSC Galt & Taggart, has been recognised as the best investment bank in Georgia for 2018 by Global Finance for the fourth consecutive year.
Taylor Wimpey flags strong start to 2018 after annual profits rise
Taylor Wimpey said it made a good start to 2018 as the housebuilder reported a rise of more than 10% in underlying annual profit.
Man Group FuM rise 35% amid record net inflows
FTSE 250 hedge fund Man Group reported a rise in full-year funds under management on Wednesday amid record net inflows.
St James's Place sees serious growth in 2017
Wealth management group St. James's Place issued its annual results for the year ended 31 December on Wednesday, reporting European embedded value (EEV) new business profit of £779. 8m - a 50% improvement year-on-year.
Growth acceleration plan paying off for Informa
Business information, exhibitions, events and academic publishing group Informa issued its financial results for the 12 months ended 31 December on Wednesday, reporting a third consecutive year of growth in revenue, adjusted profit, adjusted earnings per share, cash flow and dividends.
Admiral profit jumps 43% amid record customer numbers
Insurer Admiral posted a 43% jump in full-year pre-tax profit on Wednesday and declared a special dividend amid record customer numbers.
Whitbread buys portfolio of 19 hotels in Germany
Premier Inn and Costa owner Whitbread has announced the acquisition of a portfolio of 19 hotels in Germany from Foremost Hospitality Group for an undisclosed sum.