News And Announcements
Hornby sales, profits ‘slightly behind’ internal forecasts due to shipping delays
Model train set maker Hornby fell on Wednesday as it reported a jump in sales and profits but said its performance was below internal forecasts due to shipping delays.
The Gym Group shares jump as fitness chain lifts guidance
The Gym Group's interim results were welcomed by investors on Wednesday, with the 24/7 budget fitness chain's share price rising strongly on the back of upgraded guidance following a big jump in profits in the first half.
Anglo American raises ZAR 7.2bn via accelerated bookbuild
Mining giant Anglo American has raised ZAR 7. 2bn (£308. 03m) after an accelerated bookbuild saw it offer up 13. 94m ordinary shares at a price of ZAR 515. 0p per share.
AB Foods extends share buyback by £100m
Primark owner Associated British Foods announced an extension of its share repurchase programme on Wednesday, with an additional £100m allocated for the buyback.
Commerzbank surges as UniCredit takes 9% stake
Commerzbank surged on Wednesday after Italy’s UniCredit built a 9% stake in the German lender.
Asos slashes debt following Topshop sale
Asos has nearly halved its debt, the fast-fashion retailer confirmed on Wednesday, following the sale of its majority stake in Topshop and Topman.
Firstgroup names Lena Wilson as chair
Public transport business Firstgroup has tapped Lena Wilson to take over as chair, with effect from 1 February 2025.
Strong fourth quarter boosts WH Smith
WH Smith reiterated its full-year outlook and unveiled a £50m share buyback on Wednesday, sending shares soaring in early trading, after a buoyant fourth quarter.
Ascential says dividend from potential Hudson MX sales unlikely
Ascential, the B2B media and events company that's being taken over by Informa, announced on Wednesday that the sale of part-owned Hudson MX is unlikely to yield a special dividend for shareholders.
Trustpilot beats first-half expectations, launches new share buyback
Trustpilot Group reported a strong first-half performance on Wednesday, surpassing market expectations in a number of areas.
GSK's herpes vaccine candidate fails to meet primary efficacy objective
Drugmaker GSK said on Wednesday that primary objective data analysts from a phase II trial of its early-stage therapeutic herpes simplex virus vaccine candidate showed that the drug had failed to meet its primary efficacy objective.
Dunelm FY profit, sales rise despite 'softer' market
Homeware retailer Dunelm reported a rise in full-year profit and sales on Wednesday despite a "softer" market.
Rentokil warns on profits after slower peak season in North America
Pest-control giant Rentokil Initial has scaled back its profit guidance for the full year after weaker-than-expected summer trading in North America.
Rightmove rejects £5.6bn takeover proposal from REA Group
Rightmove has rejected a £5. 6bn takeover proposal from Australian peer REA Group, saying it undervalues the UK property platform's future prospects.