News And Announcements
Petrofac profits rise as CEO returns to full duties
Oil services outfit Petrofac on Thursday said full-year earnings before interest, tax, depreciation and amortisation rose 3. 7% to $730m as it announced chief executive Ayman Asfari would resume full duties “with immediate effect”.
Indivior launches monthly opioid addiction injection in US
Indivior has launched its new once-a-month version of its opioid addiction treatment in the US amid a Donald Trump's 'war on opioid addiction'.
TechFinancials progressing to wind-down non-core assets
Financial trading technology company TechFinancials updated the market on its non-core subsidiaries B. O. TradeFinancials (BOT) and MarketFinancials (MF) on Thursday.
Tim Livesey takes up CEO office at Stratex
Stratex confirmed on Thursday that Tim Livesey has joined its board as chief executive officer, and Dr Bob Foster has resigned from the board.
Accesso Technology teams up with Henry Ford Health System
Leisure, entertainment, cultural and hospitality technology solutions provider accesso Technology Group announced its first healthcare partnership on Thursday - a long-term agreement with Henry Ford Health System (HFHS) for the use of TE2, its digital experience and personalisation platform.
Brave Bison extends agreement with All Nippon Airways
Social video company Brave Bison Group has signed a contract renewal with Japanese airline All Nippon Airways (ANA) to develop and produce ANA's second social video marketing campaign, it announced on Thursday.
Alpha Financial sees FY profits ahead of market expectations
AIM-listed Alpha Financial Markets Consulting said on Thursday that full-year profits are likely to be ahead of current market expectations as trade has continued to be good since the interim results in November.
Merlin sparkles after poor spell, eyes rooms for growth
Legoland park and Sea Life centre operator Merlin Entertainment reported an improvement in revenues and profits despite a year affected by UK terror attacks.
National Grid warns of gas shortage, asks suppliers for more
As the nation continued to shiver at the behest of both Storm Emma and the ‘Beast from the East’, National Grid warned the country could run out of natural gas on Thursday.
Burberry impresses with appointment of Tisci as creative chief
Burberry has appointed former Givency man Riccardo Tisci as its new chief creative officer as longtime head honcho Christopher Bailey bows out at the end of the month.
Idox CEO Andrew Riley steps down
AIM-listed Idox, a supplier of specialist information management solutions and services, said on Thursday that Andrew Riley has stepped as chief executive and from the board.
Strong growth boosts Rentokil Initial full year
Pest control company Rentokil Initial said full year ongoing operating profit, excluding the results of disposed businesses, increased by 14. 8% to £294. 7m, reflecting growth in all regions but offset by lower profits in France.
Anglo American completes sale of South African coal unit
Mining firm Anglo American completed the sale of its Eskom-tied domestic thermal coal operations in South Africa to Johannesburg-based group Seriti Resources on Thursday, offloading the operations for a total of ZAR 2. 3bn.
Synthomer hits record revenues thanks to acquisitions
Chemicals business Synthomer said full year underlying profit before tax increased to £130m from £122. 2m after hitting record revenues.
Hastings profit rises but premium growth disappoints
FTSE 250 insurer Hastings posted a rise in full-year profit on Thursday as it continued to grow its share of the UK private car insurance market, but growth in gross written premiums left investors disappointed.
Hunting swings to profit as Titan performance surges
Energy services group Hunting announced its results for the year ended 31 December on Thursday, with revenue from continuing operations rising to $722. 9m from $455. 8m in 2016.
Great Portland signs up more tenants at Wells Street development
Great Portland Estates has let 23,700 square feet in two separate lettings at its new 37,400 square foot development at 55 Wells Street, W1, it announced on Thursday.
BGEO appoints Czech pilsner veteran as beer division CEO
BGEO Group has appointed Zdenek Radil as chief executive officer of Global Beer Georgia with immediate effect, it announced on Thursday.
AVEVA completes last few steps of Schneider combination
Engineering and industrial software giant AVEVA announced the completion of the combination with the Schneider Electric industrial software business on Thursday morning.
Vesuvius running hot as profits increase
Molten metal flow engineering company Vesuvius said full year pre-tax profits rose 22. 3% to £97. 1m as global steel production increased.