News And Announcements
Norman Broadbent losses widen as it continues transformation
Professional services company Norman Broadbent issued its final results for the 2017 calendar year on Monday, reporting a 15% increase in overall revenue to £6. 5m with a “lower but higher quality” headcount.
Burberry to buy leather goods business from CF&P
Luxury fashion brand Burberry has agreed to buy a luxury leather-goods business from longstanding Italian partner CF&P.
Total and Shell to develop new gas resources in Oman
Total has signed a memorandum of understanding (MoU) with the Government of Oman to develop natural gas resources in Oman, the company announced on Monday.
Hardide revenue, profit jump as demand from oil and gas sector improves
AIM-listed Hardide, which develops and provides advanced surface coating technology, posted a jump in interim revenue and profit on Monday as demand from existing customers in the oil and gas sector improved.
Dignity revenues up 2% in Q1, says 2018 trading to be volatile
Funeral services provider Dignity reported a 2% rise in first-quarter revenues on Monday as the number of deaths increase 8%, but underlying operating profit was flat at £37. 5m.
BAE Systems gets £2.5bn contract for Royal Navy's submarine programme
Britain's Ministry of Defence will award a £1. 5bn contract to BAE Systems to build the seventh boat for the new fleet of Astute-class submarines and a further £960m investment for the completion of a fleet of four nuclear-armed Dreadnought submarines.
Diploma sees strong first half as it hunts for further acquisitions
Technical products and services provider Diploma issued its half-year results on Monday, reporting increases in revenue and adjusted operating profit of 8% and 9% to £234. 9m and £40. 6m, respectively.
Centrica loses 110,000 UK customers first 4 months of 2018
Centrica said it lost 110,000 customers in the UK in the first four months of the year, although it said the “Beast from the East” snowstorm in February helped increase customer demand in a tough competitive environment.
Currency boost for Victrex H1; warns on Brexit customs deal
Interim pre-tax profits at speciality chemicals company Victrex were boosted by the weak pound as they rose 26% to £63. 3m, although tailwinds were expected to “significantly reduce” in the second half and a headwind was forecast for 2019.
Entertainment One's Designated Survivor series dropped by network
Entertainment One's major TV series 'Designated Survivor' has been dropped by US network ABC, which could affect the FTSE 250 company's revenue next year depending on the speed and size of a replacement deal.