News And Announcements
UDG slides on softer sales at Sharp
FTSE 250 listed firm UDG Healthcare saw a softer-than-expected start to the trading year after its second-largest business, Sharp, lowered its guidance for the remainder of its trading year.
Inmarsat wobbles after US rival wins maritime safety certification
Inmarsat shares tumbled on Tuesday as the satellite communication group's international maritime maritime distress services monopoly came to an end.
Renewi extends bank facility into €550m green loan
Waste-to-product company Renewi has signed an amendment and extension to its main banking facility, converting it into a €550m Green Loan as a result.
Close Brothers 'well-positioned' after decent third quarter
Close Brothers Group updated the market on trading in its third quarter on Tuesday, reporting that it performed “well” in the period, notwithstanding slightly weaker market conditions at the start.
Big Yellow occupancy performance drives revenue growth
Self-storage provider Big Yellow Group reported strong occupancy performance in its final results on Tuesday, driving 7% revenue growth for the year.
Trading profits fall as NEX prepares to be swallowed by CME
Financial technology company NEX Group posted its full-year results on Tuesday, reporting a 9% increase in revenue on both a reported basis and a constant currency basis to £591m.
Pets at Home profit drops on price reductions but revenues rise
Pets at Home posted a 12% drop in underlying pre-tax profit on Tuesday as it lowered prices, but revenues were up and the company hailed a "bright future".
Intermediate Capital earnings rise as board scales strategy
Intermediate Capital Group issued its final results for the year ended 31 March on Tuesday, reporting a 20% uptick in total assets under management to €28. 7bn, with €7. 8bn of new money raised.
Halfords skids lower as profits expected to remain flat
Halfords reported lower annual profits as the bike and car parts retailer was hit by the increased cost of goods due to the weak pound, with a similar result expected this year as selling prices remain flat.
Greencore posts operating loss but revenue and profit up
Irish food company Greencore reported an interim operating loss on Tuesday amid challenges in its US division, but pre-tax profit and revenues rose.
Galliford Try stays on track, though exceptional costs rise
Galliford Try said full year results are on track to hit their mark, with underlying debt lower than expected but bad weather adding costs to its troublesome Aberdeen bypass project.
Shaftesbury says West End unaffected by wider economic woes
Shaftesbury said it felt little effect from uncertainty sweeping the retail and restaurant trades in the wider economy as the West End property company reported a surge in half-year profit.
National Grid faces Ofgem probe over electricity forecasts
The electricity regulator is investigating whether National Grid broke rules over its demand forecasting for the UK electricity market.
Balfour Beatty on track to meet full-year guidance
Balfour Beatty updated the market on is performance on Tuesday ahead of its annual general meeting later in the week, reporting that trading was in line with its full-year expectations.
HomeServe profit rises as North America growth offsets weak UK
HomeServe’s annual profit rose 25% as strong growth at its North America division more than made up for falling profit at the UK arm of the emergency home repairs group.
Rank Group buys Spanish digital bingo business YoBingo.es
Rank Group has bought QSB, the owner of Spanish digital bingo business YoBingo. es, for up to €52m in cash.