News And Announcements
Ferrexpo FY iron ore pellet production broadly flat year-on-year
Mining firm Ferrexpo said on Wednesday that total full-year production of iron ore pellets came to 11. 2m tonnes in 2021, broadly in line with the level seen in the prior trading year.
Just Eat FY orders and gross transaction value increase in 2021
Online food delivery platform operator Just Eat Takeaway said on Wednesday that orders grew 33% year-on-year in 2021 to 1. 1bn and gross transaction value increased 31% to €28. 2bn.
Trustpilot FY revenues grow as ARR and bookings improve
Review platform operator Trustpilot said on Wednesday that full-year revenues had grown in 2021 thanks to an increase in both annual recurring revenue and bookings.
Grafton upgrades FY profit expectations
Building materials distributor and DIY retailer Grafton upgraded its full-year operating profit expectations on Wednesday after a positive end to the year.
Whitbread hails 'resilient' UK third quarter despite Omicron
Premier Inn owner Whitbread hailed a "resilient" third-quarter performance in the UK on Wednesday despite the emergence of the Omicron variant, but said trading in pubs and restaurants remained more challenging.
Savills full year 'very significantly ahead' of expectations
Savills said on Wednesday that its full-year performance was "very significantly ahead" of expectations following an "extraordinarily strong" final trading period since its last update in November.
Dunelm lifts annual profits guidance after strong Q2
UK homewares retailer Dunelm on Wednesday lifted annual profit guidance after a record performance in the 13 weeks to Christmas driven by online sales and higher margins.
Ultra Electronics secures major contract with Indian Navy
Application-engineered solutions provider Ultra Electronics has been awarded a major contract with the Indian Navy, in partnership with Mahindra Defence Systems.
Bunzl acquires US PPE distributor Tingley Rubber
Distribution and services firm Bunzl acquired New Jersey-based PPE distributor Tingley Rubber on Wednesday for an undisclosed sum.
XP Power sees annual profit below forecasts after supply chain issues
XP Power said it expected annual operating profit to be “modestly below” market forecasts due to supply chain issues during the final quarter.
Heathrow reports 600,000 cancellations due to Omicron fears
Britain’s Heathrow airport on Tuesday said at least 600,000 passengers cancelled flights during December in response to the surge of Omicron Covid cases and fears of new travel curbs.
Rathbones year-end funds under management up 25pc
Rathbones Group reported total funds under management and administration as at 31 December of £68. 2bn on Tuesday, up 24. 7% from the £54. 7bn it recorded at the end of 2020.
Darktrace raises full-year guidance following 'significant growth' in H1
Cybersecurity AI firm Darktrace said on Tuesday that "significant growth" witnessed in the six months ended 31 December had led it to increase full-year expectations.
LondonMetric acquires Huntingdon warehouse development for £53.4m
Real estate investment trust LondonMetric has acquired a long let cold storage and logistics warehouse development in Huntingdon for £53. 4m.
Electrocomponents FY profits seen 'slightly ahead' of consensus estimates
Industrial and electronics products distributor Electrocomponents said on Tuesday that it had delivered a "strong trading performance" in the third quarter of its trading year, leading it to now expect full-year profits to be "slightly ahead" of consensus estimates.
MJ Gleeson performs well during H1
Low-cost housebuilder MJ Gleeson said on Tuesday that it had "performed well" during the six months ended 31 December.
Unite sells 60% of property portfolio for next academic year
Student property firm Unite Group said on Tuesday that it had already sold 60% of its entire property portfolio for the next academic year, up from 58% at the same time last year.
Genel Energy CFO to stand down following FY results
Oil production firm Genel Energy revealed on Tuesday that chief financial officer Esa Ikaheimonen had announced his intention to leave the company on 16 March.