News And Announcements
Liontrust Asset Management H1 profits triple as revenues soar
Fund manager Liontust Asset Management said on Wednesday that interim profits had tripled as revenues soared throughout the half.
SSE subsidiary details final RIIO-ED2 business plan
Energy company SSE's wholly-owned subsidiary Scottish and Southern Electricity Networks Distribution published its final business plan for Ofgem's RIIO-ED2 price controls on Wednesday.
Drax sees FY profits at top end of forecasts; Aims to double biomass capacity
Power generator Drax said it expected annual core earnings to be at the top end of current forecasts as it looked to double sustainable biomass production capacity and sales by 2030.
Blue Prism to be taken over by SS&C Technologies in £1.24bn deal
AIM-listed software company Blue Prism has agreed to be taken over by US fintech SS&C Technologies for £1. 24bn in cash.
Frasers Group enters into new term loan and revolving credit facility
Retailer Frasers Group said on Wednesday that it has now entered into a new term loan and revolving credit facility with its banks, replacing its existing facility of £913. 5m in the process.
Loungers interim revenues grow on strong sales
Bar and restaurant operator Loungers said on Wednesday that revenues had grown 91. 4% to £102. 4m in the 24 weeks ended 3 October.
Peel Hunt H1 revenues drop but investment banking division shines
Peel Hunt reported a record performance from its investment banking division in its maiden results on Wednesday, but a drop in overall profit and revenue.
International PPL picks up stakes in additional BSF projects
Infrastructure investment company International Public Partnerships has acquired additional interests in the Bradford and Lewisham "Building Schools for the Future" projects.
Chysalis to raise follow-on funds via 238p-a-share placing
Investment trust Chrysalis on Wednesday said it was looking to raise new funds via a placing at 238p a share to drive the performance of existing assets in current portfolio companies.
IG Group to sell Nadex, Small Exchange for $216m
Online trading platform IG Group has announced the proposed sale of North American Derivatives Exchange (Nadex) and Small Exchange for a combined $216m in cash.
Pendragon lifts full-year profit guidance
Motor retailer Pendragon lifted its full-year profit guidance on Wednesday as it hailed a strong performance to date in the fourth quarter.
Sirius Real Estate buys Stuttgart business park for €34.5m
Sirius Real Estate, which owns and operates branded business and industrial parks in Germany and the UK, has completed the acquisition of a business park in Neckartenzlingen in Stuttgart for €34. 5m.
888 wins provisional licence from Virginia Lottery
Online gambling firm 888 Holdings said it had been awarded a provisional sports betting licence from the Virginia Lottery.
Redde Northgate hails 'strong' performance as interim profits grow
Vehicle rental provider Redde Northgate reported a jump in interim profit and revenue on Wednesday as it hailed a "strong" performance across the group.