News And Announcements
Wizz Air issues €500m bond to repay BoE Covid loan
Budget airline Wizz Air said it had issued a new €500m bond to repay Covid-19 financing from the Bank of England.
LXi REIT announces new chairman, senior independent director
LXi REIT announced a number of changes to its board on Thursday, as part of a “thorough” succession planning process involving external consultants.
IP Group flags strong profits after 'highly successful' year
Intellectual property investor and developer IP Group reported a “highly successful” 2021 in a trading update on Thursday, indicating that it now expected profit to be higher than £425m.
Countryside Properties shares slump as Q1 trading disappoints, CEO stands down
Housebuilder Countryside Properties shares slumped early on Thursday after the firm revealed that chief executive officer Iain McPherson will relinquish the role after its trading performance in the first quarter of the new financial year came in below expectations.
Halfords hails 'exceptional' Autocentres performance but bike sales drop
Halfords backed its full-year profit expectations on Thursday as it reported a strong third-quarter sales performance from Autocentres but a drop in bike sales.
Wood Group to sell environment unit as core earnings fall
Consulting and engineering company John Wood Group on Thursday reported a fall in core profit and said it was selling its built environment division after a review.
Dechra sees full year at upper end of management expectations
Dechra Pharmaceuticals said on Thursday that the full-year outlook was towards the upper end of management expectations as it reported a jump in first-half revenues.
Persimmon FY revenues grow as completions and average sale prices improve
Housebuilder Persimmon said on Thursday that full-year group revenues had risen in 2021 thanks to growth in both new home completions and average selling prices throughout the period.
Hilton Food full-year trading in line
Food packaging business Hilton Food said on Thursday that full-year trading had been in line with the board’s expectations as it sounded an upbeat note on the outlook.
Aviva CFO leaves to join Persimmon
Aviva chief financial officer Jason Windsor has resigned to join house builder Persimmon, the company said on Thursday.
Mitchells & Butlers festive trading hit by Omicron
Pub operator Mitchells & Butlers said on Thursday that it had initially made "a strong start to the year", with like-for-like sales growth of 2. 7% over the first eight weeks, but warned that renewed Covid-19 restrictions on hospitality venues impacted trading during the all-important holiday trading period.