News And Announcements
Ninety One profits rise after record first half
Investment manager Ninety One reported a “record” first half and positive business momentum on Tuesday, with closing assets under management growing by 7% to £140bn.
International Public Partnerships closes investment in Rampion link
Infrastructure investor International Public Partnerships announced on Tuesday that Transmission Capital Partners, the consortium comprising itself, Amber Infrastructure Group and Transmission Investment, has successfully reached financial close for the long-term ownership and operation of the transmission link to the 400MW Rampion offshore wind farm.
Genuit sees lower margins in H2 as inflation bites; Holds guidance
Plastic pipe maker Genuit said operating margins in the second half would be lower due to the impact of inflationary pressures as it maintained full-year guidance.
Countryside Properties names Tim Lawlor as CFO
Housebuilider Countryside Properties tapped Tim Lawlor to take over as chief financial officer on Tuesday.
Land Securities earnings rise as it refocuses portfolio
Commercial landlord Land Securities reported a 56. 5% rise in EPRA earnings in its half-year results on Tuesday, to £180m, as gross rental income fell 3. 8% to £282m.
Intermediate Capital turns in stronger-than-expected first half
Intermediate Capital Group reported third-party assets under management of $65. 35bn at the end of its first half on Tuesday, up 28% year-on-year as “strong momentum” continued across its three strategic objectives of fundraising, deployment and realisation.
Premier Foods H1 profit falls as lockdown benefit fades
Mr Kipling and Oxo owner Premier Foods reported a decline in first-half profit and revenue on Tuesday as the benefit of lockdowns faded, with people eating out more as restrictions were lifted.
Cap&Co unveils 10 new Covent Garden retailers ahead of Xmas season
Capital & Counties Properties on Tuesday unveiled 10 new retail brands for its Covent Garden shopping district, and launched its Christmas programme as firms hope for a return of customers during the holiday season.
Dominos appoints interim CFO
Domino's Pizza on Tuesday said it had appointed David Surdeau as interim chief financial officer.
Homeserve lifts dividend as interim profit rises
Homeserve lifted its dividend on Tuesday as it posted a jump in interim profit and revenue thanks to a strong performance in North America and Continental Europe and from its Home Experts business.
Diageo lifts medium-term sales, profits growth targets
Drinks group Diageo lifted medium-term sales growth guidance on Tuesday, driven by market share across its operating regions.
Imperial Brands posts small rise in annual profits
Cigarette manufacturer Imperial Brands reported a small rise in annual profits as it managed to halve losses from its vaping and other products division.