News And Announcements
Ferguson FY profit rises as US house market recovers
Plumbing and heating products supplier Ferguson on Tuesday posted a rise in annual profits and warned that it also expected a tapering in the second half of the current year on tougher comparatives.
Greencoat buys Andershaw windfarm for £121m
Greencoat Wind UK said it was buying the Andershaw wind farm in the UK from Norway's Statkraft for £121m.
EasyJet £1.2bn rights issue 93% subscribed
Budget airline easyJet said its rights issue to raise £1. 2bn was 93% subscribed as it looked to bolster its balance sheet as it emerges from the Covid-19 pandemic.
Go-Ahead loses Southeastern franchise as CFO quits
Go-Ahead has lost the Southeastern rail franchise, repaid the government £25m owed under the contract and parted company with its finance chief.
Lego profit surges to a record
Lego's first-half profit more than doubled to a record as the Danish toymaker emerged as a winner from the Covid-19 crisis.
Pfizer reports positive results from children's Covid-19 trial
Pfizer and BioNTech have reported positive results from their trial of a Covid-19 vaccine for children aged 5-12.
UK motorists drain petrol pumps as panic continues
UK motorists are continuing to panic-buy petrol leaving filling stations empty within hours of fuel arriving, the petrol station trade body said.
Card Factory on track after resilient first half
Card Factory said on Tuesday it was “cautiously optimistic” for the second half, despite the uncertainty about the speed of the recovery, after interim numbers met expectations.
Oil passes $80 per barrel for first time in three years
Benchmark oil prices have pushed past $80 a barrel for the first time in three years, as concerns about possible shortages grow.
AG Barr toasts 'record' first-half profits
Irn-Bru owner AG Barr hailed “positive momentum” across its core brands in the first half, as hospitality re-opened and demand picked up post lockdown.
Petershill to be valued at £4bn in London listing
Petershill Partners will be valued at £4bn when it floats on the London Stock Exchange, the company said on Tuesday.
DeepMatter inks deal with India pharma giant Dr. Reddy's
Digital chemistry technology company DeepMatter has signed a contract with generic pharmaceuticals giant Dr. Reddy's Laboratories, based in Hyderabad, India, for its ‘DigitalGlassware’ platform.
Agronomics investee New Age Meats closes $25m series A funding
Alternative proteins technology investor Agronomics announced on Tuesday that its portfolio company Simply Foods, trading as New Age Meats, had closed a $25m series A funding round led by South Korean conglomerate Hanwha Solutions Corporation.
Strategic Minerals reports 'significant' tin result from Redmoor trenching
Strategic Minerals announced on Tuesday that its wholly-owned subsidiary Cornwall Resources (CRL) has successfully completed a trenching and auger exploration programme to investigate the possible presence of extensions of mineralisation to the west of the established Redmoor resource.
Rockfire making good progress with drilling at Copperhead
Gold and base metals exploration company Rockfire Resources updated the market on its exploration programme underway at its wholly-owned Copperhead porphyry project in Australia’s north Queensland on Tuesday, reporting that the drilling of the first two exploration holes was complete, with a third hole currently in progress.
Ergomed revenue rises as it integrates acquisitions
Ergomed reported total revenue growth of 38. 8% over its first half on Tuesday, to £56m, or an improvement of 48. 1% in constant currency.
Serica Energy swings back to gross profit in first half
Serica Energy reported a first-half gross profit of £46m on Tuesday, swinging from a loss of £19. 8m year-on-year, with cash flow from operations improving to £63. 8m from £19. 3m.
Asos to create 180 jobs as it invests £14m in Belfast tech hub
Online fashion retailer Asos is planning to invest £14m in a new tech hub in Belfast in a move that will create more than 180 jobs over three years.
EKF Diagnostics agrees acquisition of Texas-based ADL Health
Point-of-care company EKF Diagnostics has agreed to acquire the entire issued capital of Advanced Diagnostic Laboratory (ADL Health), it announced on Tuesday.
Mortgage Advice Bureau upbeat on first half
Mortgage Advice Bureau reported a 46% rise in revenue in its first half on Tuesday, to £92. 4m, as its gross profit improved 43% to £24. 6m.