News And Announcements
Ascential completes sale of exhibitions after shareholders approve
Specialist information company Ascential confirmed the completion of the disposal of Ascential Exhibitions to ITE group on Tuesday, for a total cash consideration of £300m on a cash and debt free basis, subject to a normalised working capital adjustment.
FirstGroup 'examining all avenues' to deliver shareholder value
Investors in passenger transport operator FirstGroup heard how overall trading performance had been “in line with plans” in the first quarter on Tuesday, as they prepared for the company’s annual general meeting.
Rio Tinto reports 'solid' production performance in second quarter
Rio Tinto issued its second quarter production results on Tuesday, reporting Pilbara iron ore shipments of 88. 5 million tonnes on a 100% basis, which was 14% higher year-on-year, benefiting from better weather and apparently reflecting improved productivity across the system.
Bodycote to open UK aerospace, power generation facility
Bodycote said on Tuesday that it planned to open a new facility aimed at supporting the aerospace and power generation markets in the UK and Europe.
Spire Healthcare hires former De La Rue CFO Sodha
Spire Healthcare has hired De La Rue’s former finance chief Jitesh Sodha as its new chief financial officer.
British Land makes 'active start' to year, though retail still a struggle
Investors in British Land heard how the company made an “active start” to the year on Monday, with the board saying that along with its joint venture partner, it completed on the sale of 5 Broadgate for £1bn, in line with book value.
More air passengers boost SSP trading in third quarter
SSP said it had a good third quarter and was upbeat about its outlook as the operator of airport and rail station food outlets benefited from increased air travel.
Dairy Crest Q1 trading in line, maintains full-year guidance
Dairy Crest maintained its outlook for the year on Tuesday as it said trading in the first quarter has been in line with its expectations.
Fintech firm Revolut reports suspected money laundering to UK authorities
Revolut, the UK’s fastest-growing financial technology company, has reported a spate of suspected money laundering to the UK authorities, the Financial Times reported.