News And Announcements
Old Mutual's Nedbank pleased with 2018 prospects
Nedbank Group, the majority-owned South African banking subsidiary of Old Mutual, issued its preliminary audited results for the year ended 31 December on Friday, reporting that it continued to create value for all stakeholders in a “challenging” political and economic environment.
Johnson Matthey nabs Jason Apter to run health division
Johnson Matthey announced the appointment of Jason Apter as its sector chief executive of health on Friday, confirming he would join the company on 5 March and be based in the US.
ASOS CFO Helen Ashton to leave
ASOS said on Friday that chief financial officer Helen Ashton will be leaving the online fashion retailer in the summer.
ConvaTec buys Texas-based J&R Medical
FTSE 250 medical products and technologies company ConvaTec has announced the acquisition of Texas-based catheter-related supplies distributor J&R Medical for an undisclosed sum.
Core businesses help lift LSE operating profit to £626m
London Stock Exchange Group said full year operating profits rose 47% to £626m as core businesses all put in a strong showing.
IMI FY profits up; sees revenue growth in 2018
Engineering group IMI said full year pre-tax profits rose 9. 4% to £180. 9m as new products drove an improved performance in what it called a “mixed” trading environment.
Mondi hands out dividend reams as prices and costs rise
Mondi, the South African packaging and paper group, will pay out a bumper special dividend on top of an already healthy payout for last year as it reported modest profits growth and "strong upward momentum" in pricing.
Just Eat installs Mike Evans as new chairman
Takeaway food delivery marketplace Just Eat announced on Friday that its board has appointed Mike Evans to the role of non-executive chairman, with effect from 26 April.
Land Securities chairman Carnwath to retire in 2018
Land Securities on Friday said chairman Alison Carnwath would retire from the board in 2018 after nine years in the role.
GKN confirms talks with Dana over sale of auto business
Engineer GKN, which is currently fending off a £7. 4bn hostile bid from turnaround specialist Melrose Industries, confirmed on Friday that it has engaged in talks with US-based Dana about a potential sale of its automotive division, Driveline, as part of a deal which would be effected mainly in equity.
Alfa Financial wins contract with unnamed finance group
Alfa Financial Software on Friday said it had won a new contract with an unnamed global equipment manufacturer and finance group.