News And Announcements
Profits up at H&T as pawnbroker describes 'milestone' year
H&T Group announced its preliminary results for the year ended 31 December on Tuesday, reporting an 11. 7% improvement in gross profit to £63. 8m.
Surgical Innovations pleased with progress after Elemental acquisition
Medical technology company Surgical Innovations Group reported “strong” financial results for the year ended 31 December on Tuesday.
Smart Metering pleased after year of investment
Smart Metering Systems announced its final results for the 12 months ended 31 December on Tuesday, reporting continued growth across all business areas.
Fevertree profit jumps 64% but results fail to impress amid high expectations
Fevertree Drinks, a supplier of premium drink mixers, reported a 64% jump in full-year pre-tax profit on Tuesday as revenue rose amid growth across the group, but the results failed to impress amid high expectations.
Tasty profits drop amid challenging market conditions
AIM-listed Tasty, the owner of restaurants Wildwood and Dim T, reported a drop in full-year gross profit on Tuesday even as revenue rose, amid challenging market conditions.
Antofagasta ups dividend 177% as strike action looms
Antofagasta increased its dividend 177% for last year as cash flow surged on the group's highest operating margin in five years, though the world’s largest copper producer is facing strike action at its Los Pelambres mine.
French Connection rallies as full-year loss narrows
Shares in French Connection rallied on Tuesday as the fashion retailer reported a narrowing of its full-year losses and said it was close to returning to profitability.
Trump blocks Qualcomm takeover by Broadcom 'to protect national security'
Donald Trump has signed an order to block the takeover of US-based Qualcomm by Singapore-based rival Broadcom over the potential threat to national security.
Close Brothers first-half operating profit up 6%
FTSE 250 merchant bank Close Brothers posted a 6% jump in first-half adjusted operating profit on Tuesday thanks to a good performance across its businesses.
Greencore issues FY profits warning
Ireland-based food group Greencore issued a profits warning on Tuesday as it said full year earnings would be hit by its US operations.
Computacenter profit surges on strong German growth
Computacenter’s annual profit jumped by more than a fifth as strong growth in Germany offset falling profit at the IT infrastructure company’s UK business.
Just Group deputy chairman to step down in May
FTSE 250 retirement specialist Just Group said on Tuesday that deputy chairman Tom Cross Brown will retire at the next annual general meeting in May.
Old Mutual to resist legal action by US insurer Travelers
Old Mutual said it would resist a legal claim made against it by Travelers, the US insurer, related to assets Old Mutual sold in 2011.
Legal & General buys rest of CALA Homes from partner
Legal & General Group announced on Tuesday that its Legal & General Capital division has acquired the 52. 1% of CALA Homes which it did not previously own, with completion occurring simultaneously with the announcement.
CLS Holdings buys London office site for £51m
CLS said it had exchanged contracts to acquire Harman House in Uxbridge for £51m including costs.