News And Announcements
CRH begins first phase of billion-euro share buyback
CRH began its €1bn share buyback programme in earnest on Wednesday, confirming it has entered into arrangements with UBS to repurchase ordinary shares on its behalf, to a maximum consideration of €350m, as the first phase of its plans.
Sports Direct says it won't gain £80m from JD's acquisition of Finish Line
Sports Direct made a strong denial of recent media reports regarding its holding in US firm Finish Line on Wednesday, after the Daily Mail claimed the company was set to rake in almost £80m as a result of the retailer’s sale.
Paddy Power Betfair stumbles in disappointing start to 2018
Paddy Power Betfair revealed a disappointing first quarter on Wednesday, with revenue flat at constant currency and adjusted operating profits down 8% due to adverse sports results.
Ryanair traffic rises 9% in April
Traffic at Ryanair rose 9% in April, while the load factor was steady, the budget airline said on Wednesday.
Sage confident of reviving growth plans in second half
Business software provider Sage Group delivered first-half revenue growth of 6. 3% in line with its recent profit warning and, assuring that it had rooted out the problems, reiterated confidence in growing revenue 7% this year and 10% in the medium-term.
Grainger sells stake in Walworth JV for £67m
FTSE 250 residential landlord Grainger has sold its 50% interest in the Walworth Investment Property (WIP) joint venture to its partner, Dorrington, for £67m.
Howden Joinery revenues jump 15%, on track for the year
FTSE 250 kitchen maker Howden Joinery posted a jump in first-quarter UK revenue on Wednesday as it benefited from an extra week of trading compared to 2017, higher volumes and a weak comparative.
Direct Line premiums drop 5% in Q1, big freeze to use up year's weather budget
Insurer Direct Line reported a 5% drop in gross written premiums for the first quarter on Wednesday and warned that claims associated with the cold weather at the beginning of the year would eat up its full annual weather budget.