News And Announcements
Birkenstock shares tank as record quarterly growth underwhelms
US-listed shares of Birkenstock plunged on Thursday after the German sandal maker underwhelmed investors with a record third-quarter performance, as it narrowly missed consensus forecasts with its top line.
Sainsbury's to buy 10 Homebase stores
Sainsbury’s said on Thursday that it has agreed to buy 10 leasehold stores from HHGL Limited, trading as Homebase, for conversion into supermarkets.
Best Buy lifts profit guidance after Q2 comparable sales beat
Best Buy hiked its profit forecast for the year on Thursday, amid a positive shift in consumer demand for electronics.
Frenkel Topping flags solid revenue growth despite challenges
Frenkel Topping Group, a specialist financial and professional services firm in the personal injury and clinical negligence markets, reported solid revenue growth for the first half of the year in an update on Thursday, despite facing challenges within one of its subsidiaries.
Dollar General shares slide as it downgrades full-year forecast
Shares in Dollar General were sliding in early trade on Thursday, after the retailer revised its annual sales and profit forecasts downward, citing a reduction in consumer spending on discretionary items.
Tracsis ends year in line with revised guidance
Tracsis said in an update on Thursday that its financial performance for the year ended 31 July was in line with revised guidance, despite a challenging operational environment.
Somero still confident despite challenging first half
Concrete levelling equipment specialist Somero Enterprises reported a decline in first-half revenue and profitability on Thursday, attributing the downturn to a combination of external factors including elevated interest rates, labour shortages, concrete rationing, and inclement weather across key markets.
BBGI posts solid set of interim results
BBGI Global Infrastructure announced a robust set of interim results on Thursday, achieving a net asset value total return of 2. 4%, with its portfolio maintaining a high asset availability rate of 99. 9%.
Apax Global Alpha to invest EUR 29m in Veriforce
Apax Global Alpha (AGA) announced an expected investment of €29m in supply chain risk management specialist Veriforce on Thursday.
PRS REIT shareholders seeking to replace chairman, director
PRS REIT announced the receipt of a requisition letter from a group of significant shareholders on Thursday, collectively holding 17. 3% of its issued share capital.
Roadside Real Estate disposes of remaining four pubs
Roadside Real Estate announced the completion of the disposal of its remaining four pubs on Thursday, as part of its strategic shift to concentrate on its core roadside real estate assets.
Quiz swings to full-year loss, shares slide
Quiz shares tumbled on Thursday as the fashion retailer said it swung to a full-year loss as cost-of-living pressures dented consumer demand.
Judges Scientific's Geotek wins binding coring contract
Judges Scientific, a specialist in the acquisition and development of businesses in the scientific instrument sector, announced on Thursday that its subsidiary Geotek had secured a binding contract for an upcoming coring expedition.
GSK's RSV vaccine gets expanded approval in Europe
GSK announced on Thursday that the European Commission had granted approval for Arexvy, a respiratory syncytial virus (RSV) vaccine, to be used in adults aged 50 to 59 who were at heightened risk of severe RSV-related illness.
Hunting H1 revenue and profits grow, secures 'significant' North Sea contracts
Precision engineering firm Hunting said on Thursday that both revenue and profits had grown in the six months ended 30 June as its order book rose to record levels.
Europe open: Shares up as investors mull Nvidia results, await German CPI
European shares opened higher on Thursday as investors awaited flash inflation numbers from Germany and regular eurozone sentiment data and also mulled the impact of earnings overnight from chip giant Nvidia.
Pernod Ricard to return to growth this year but predicts "soft" Q1
Pernod Ricard said it expects to return to organic growth this new financial year after small dip in sales in the 12 months to 30 June, but that first-quarter trading would be held back by inventory reductions and a "very weak" environment in China.
Gem Diamonds lifts output guidance as H1 profits more than double
Underlying profits at Gem Diamonds more than doubled in the first half as increases in production, as well as the number of larger gemstones recovered, was able to offset a dip in the average price per carat.
Greencore extends buyback by £10m
UK convenience food supplier Greencore Group said it was extending its current share buyback programme by £10m resulting in a total maximum of £40m being allocated.
Tastytrade co-founders Sosnoff and Sheridan sell 6.5m shares in IG Group
Jefferies said late on Wednesday that Tom Sosnoff and Scott Sheridan had sold 6. 5m IG Group shares in a placing to a limited number of institutional investors.