News And Announcements
Babcock sales hit by delays in UK defence spending
Delays in defence activity will hold back Babcock's underlying revenue growth to "low single digits" this year.
Roche's Tencentriq meets co-primary endpoint in lung cancer trial
Roche announced on Thursday that the Phase III IMpower132 study had met its co-primary endpoint of progression-free survival (PFS) and demonstrated that the combination of ‘Tecentriq’ (atezolizumab) plus chemotherapy - cisplatin or carboplatin plus pemetrexed - reduced the risk of disease worsening or death compared to chemotherapy alone in the initial treatment of advanced non-squamous non-small cell lung cancer (NSCLC).
Nichols interim profit and sales rise as Vimto outperforms the market
Drinks company Nichols posted a rise in interim revenue and profit on Thursday thanks to a strong performance from the UK business.
Rio Tinto investee Oyu Tolgoi enters agreements with three EPC firms
Rio Tinto announced on Thursday that Oyu Tolgoi, an entity in which it has a 33. 5% indirect ownership interest, had entered into agreements with three Chinese engineering, procurement and construction (EPC) contractors, each of which would potentially create a smaller related party transaction for the purposes of the UK Listing Rules.
Moneysupermarket interim profit up 5%, to launch new mortgage business
Price comparison website Moneysupermarket posted a rise in interim profit and revenue on Thursday as it announced plans for a new mortgage business.
Big Yellow Q1 revenues up as board set to face row over executive pay
Self storage company Big Yellow Group on Thursday reported a 7. 6% increase in like-for-like revenue for the first quarter as its board braced for criticism of its executive pay increases at its annual meeting.
AO World on track for full year despite weaker June
Online electrical goods retailer AO World said on Thursday that revenue grew 8% in the first quarter and that its expectations for the full year are unchanged.
Unilever sales hit by Brazil truckers strike but margins improve
Unilever's underlying sales growth slowed more than expected in the second quarter due to the impact of a truckers' strike in Brazil but the company improved profit margins and remained confident of hitting full year targets.
Hilton Food says H1 performance in line with expectations
International food packing firm Hilton Food on Thursday said first-half trading was in line with expectations.
Capita awarded £30m contract by Southern Water
Capita has been awarded a £30m, five-year contract by Southern Water that will see the outsourcer become its new customer services managed service provider.
Anglo American Q2 total production up 6%
Anglo American on Thursday reported a 6% year on year rise in total second quarter output on a copper equivalent basis, excluding disruption after a leak at its Brazilian Minas-Rio iron ore project.
Euromoney continues in line after sale of GMID
Business information and events group Euromoney Institutional Investor updated the market on its trading for the period from 1 April to 19 July on Thursday, reporting that since its interim results on 17 May, trading had continued in line with the board's expectations.