News And Announcements
Savills profit drops amid challenging conditions, increased invesment
Profit at Savills fell in the first half of the year on the back of increased investment and tough market conditions, but the estate agency backed its full-year expectations.
SEGRO raises EUR 300m through private note placement
SEGRO has signed an agreement with a group of institutional investors for a private placement of €300m 10-year and 15-year senior unsecured notes, it announced on Thursday.
Standard Life Aberdeen begins £175m share repurchase programme
Standard Life Aberdeen announced on Thursday that it was commencing an initial share repurchase programme of its ordinary shares, up to a maximum consideration of £175m.
Sun and football make for effervescent first half at Coca-Cola HBC
Coca-Cola HBC reported its financial results for the six months ended 29 June on Thursday, claiming “strong” revenue growth of 6. 4% in the first half on a foreign exchange-neutral basis; with acceleration in the second quarter supported by new product launches, good weather and the FIFA World Cup.
Card Factory slumps as it warns on profits, blames weather
Shares in Card Factory tumbled on Thursday as the greeting cards retailer said it expects full-year underlying earnings to be down on the previous year on the back of uncertainty about Brexit and "extreme" weather conditions.
Mining profits rise at Randgold despite lower gold price
Randgold Resources updated the market on its second quarter on Thursday, reporting a 5% uptick in its profit from mining on a quarter-on-quarter basis, with net cash generated from operations rising 49%.
L&G delivers solid first half and pledges 'extremely busy' second
Legal & General grew first-half profits more than expected and, although the life insurer's earnings were down and cash returns lower than might be hoped, an "exceptionally busy" second half is anticipated.
Tui sticks to full-year guidance even as Q3 earnings drop
Travel group Tui said on Thursday that it was sticking to its guidance for full-year underlying earnings growth even as it posted a drop in third-quarter underlying earnings.