News And Announcements
Softcat sees full year ahead of expectations
IT infrastructure products provider Softcat said on Wednesday that it expects to deliver full-year results ahead of expectations after a solid third quarter.
Assura chairman calls on government to invest in primary care
Assura’s chairman used his last set of results to call on the government to invest in primary healthcare to take the strain off the NHS as the healthcare property company reported rising annual earnings.
Dairy Crest raises £70m for cheese expansion as butter weighs on profits
Dairy Crest is raising almost £70m to increase production of its market-leading cheddar amid strong worldwide demand for cheese, after annual profits growth was held back due to rising cost inflation in the butters market.
Rio Tinto confirms talks over sale of Grasberg mine in Indonesia
Rio Tinto confirmed on Wednesday that it is in discussions to sell its entire interest in the Grasberg copper mine in Indonesia to Inalum.
Great Portland confident amid future economic uncertainty
Great Portland Estates issued its results for the year ended 31 March on Wednesday, reporting 2. 9% valuation growth of 2. 9%, driven by strong development performance.
ZPG first-half earnings up 41% ahead of takeover
Zoopla, USwitch and PrimeLocation owner ZPG, which recently agreed to a £2. 2bn takeover by US private equity firm Silver Lake, reported a 41% rise in adjusted first-half earnings on Wednesday.
Sarah Bates stepping down as St. James's Place chair
Wealth management group St. James's Place announced on Wednesday that, as part of its planned succession arrangements, Sarah Bates had decided to retire as chair and as a director of the company.
Britvic interim revenue and earnings jump
Drinks maker Britvic posted a jump in interim revenue and earnings but a drop in pre-tax profit on Wednesday as it expressed confidence over the rest of the year.
Severn Trent notches higher ODI score
Severn Trent increased its dividend 6% after the water and sewage group received more incentive payments than expected and said £100m of efficiency savings would be reinvested back into the business.
BBA Aviation agrees to buy EPIC Fuels for $88.1m
BBA Aviation has agreed to buy fuel and fuel-related services supplier EPIC Fuels for a cash consideration of $88. 1m.