News And Announcements
CMA mulls probe into £222m Hawthorn Leisure takeover
The Competition and Markets Authority is mulling a potential probe into Admiral Taverns’ £222m takeover of Hawthorn Leisure.
Next Fifteen turns in solid first-half results
Data-focussed consulting firm Next Fifteen Communications reported a 32% improvement in group net revenue in its half-year results on Tuesday, to £165. 9m.
Lords Group swings to profit in first half
Building materials distributor Lords Group, which recently listed on AIM, said on Tuesday that it swung to a first-half profit as revenues rose.
Carnival makes leadership appointments in UK, Australia
Carnival announced two appointments to its leadership team on Tuesday, naming industry veterans to lead operations for Carnival UK and Carnival Australia.
Ofcom brings in new broadband switching rules
British broadband customers will be able to switch providers more easily under a new service to be introduced by media regulator Ofcom.
Rentokil increases some of its growth targets
Rentokil Initial announced changes to its medium-term growth targets on Tuesday, with group organic revenue now expected to grow between 4% and 5%, excluding disinfection, from a previous 3% to 4% target.
Pennon trading in line as revenues offset increased costs
Pennon Group updated the market on its current trading on Tuesday, reporting that it was on track to deliver a “resilient” financial performance in line with management expectations.
Moonpig lifts full-year revenue guidance
Online greeting card retailer Moonpig lifted its full-year revenue guidance on Tuesday as it hailed strong trading in the year to date.
UK Commercial Property Trust H1 performance boosted by increase in asset values
Real estate investment trust UK Commercial Property Trust said on Tuesday that its interim performance had improved, driven by stronger asset valuations on the back of a recovering economic outlook.
Chemring secures three new contracts in Countermeasures & Energetics
Chemring announced three new contract awards in its Countermeasures & Energetics segment on Tuesday, with the biggest one valued at $22m.
Close Brothers reports sharp profit rise
Close Brothers reported a sharp rise in annual profit and a hefty dividend increase as the financial services group benefited from rising income and lower impairments.
AstraZeneca lupus drug gets approval in Japan
AstraZeneca said on Tuesday that its Saphnelo (anifrolumab) drug has been approved in Japan for the treatment of adult patients with systemic lupus erythematosus (SLE).
Smiths returns to revenue growth, ups dividend
Smiths Group reported a return to revenue revenue growth and an increased final dividend as markets recovered from the Covid-19 crisis.