News And Announcements
EasyJet losses narrow as revenue tops £2bn for first time
Losses at budget airline EasyJet narrowed in the first half as revenues surged nearly 20% to over £2bn for the first time, with the company benefiting from the collapse of Monarch and Air Berlin and troubles at Ryanair.
Ascential to sell exhibitions business to ITE Group
FTSE 250 specialist information company, Ascential, has agreed to sell its exhibitions business to ITE Group for £300m in cash.
Vodafone returns to profits as CEO Colao steps down
Alongside a solid set of annual results, Vodafone revealed that chief executive Vittorio Colao will step down in October after ten years in charge, to be replaced by chief financial officer Nick Read.
Hargreaves Lansdown assets under administration up 3.1%
Financial services group Hargreaves Lansdown reported a 3. 1% jump in assets under administration in the four months to 30 April.
Grainger in £63m deal to buy 261 home development
Residential landlord Grainger said it had conditionally agreed to buy a 261 home private rented sector, build-to-rent development in Milton Keynes from Peveril Securities for c. £63m.
Cressida Hogg appointed as next Landsec chairman
Landsec announced the appointment of Cressida Hogg as its non-executive chairman on Tuesday, with effect from completion of the company’s annual general meeting on 12 July.
DCC FY profits rise 26% on strong division perfromance
International marketing and support services group DCC said full year pre-tax profits rose 26. 6% to £316. 4m as revenues increased 16. 3% to £14. 2bn.