News And Announcements
RPC under pressure from investors over growth plans
Plastics manufacturer RPC saw revenue growth slow in the first quarter and warned that its acquisitive growth plans were being constrained.
Meggitt secures new contracts for business jets and Chinese turboprops
Aerospace and defence engineering group Meggitt announced two new contracts on Wednesday - the first with Textron Aviation, to develop a wireless system that could check tyre pressure on a business jet in a matter of seconds, replacing the need for a manual gauge.
Focus on convenience a solid play for NewRiver
NewRiver updated the market on its first quarter performance on Wednesday, reporting that it completed a number of acquisitions in core sectors at “attractive” entry prices, with opportunities for further value creation.
BHP posts solid production numbers for 2018 financial year
BHP released its operational review for the year ended 30 June on Wednesday, reporting that it met or exceeded full-year production guidance for petroleum, copper, iron ore and energy coal, as well as its revised guidance for metallurgical coal.
Severn Trent makes good start to financial year
Waste and water company Severn Trent has reassured investors it has made a good start to current financial year, including a £100m investment programme.
GVC enjoys growth acceleration from World Cup
GVC Holdings, the online gaming group that acquired bookmaker Ladbrokes in March, got a not-unsurprising boost from the World Cup in recent weeks that helped growth accelerate in the third quarter.
CRH divests Benelux DIY business in EUR 510m deal
Building materials group CRH has completed the divestment of its DIY business in the Netherlands and Belgium, together with certain related property assets, it announced on Wednesday.
Tullow Oil to pay partner's share of Ghana court costs
Tullow Oil lost out to Kosmos Energy in an arbitration case and has been ordered to pay at least an extra $50. 8m (£38. 8m) of costs from terminating a drilling contract two years ago.