News And Announcements
Renold reports steady first-half performance
Industrial chain and power transmission specialist Renold reported a steady performance for the six months ended 30 September on Wednesday, with revenue up 0. 6% at constant exchange rates to £123. 4m.
Rotork order intake up 8pc
Industrial flow control equipment manufacturer Rotork said on Wednesday that order levels in the four months ended 27 October had been higher than at the same time a year earlier.
Molten Ventures portfolio value slips in first half
Venture capital firm Molten Ventures reported a steady first-half performance on Wednesday, with a gross portfolio value of £1. 34bn, down slightly from £1. 38bn at the end of March.
Ninety One signs long-term partnership with Sanlam Group as H1 profits fall
Investment manager Ninety One has acquired South African financial services group Sanlam Investment Management, adding £17bn in assets under management (AUM), as the company reported a 10% decline in first-half profits.
CVS Group sales, earnings rise in new financial year
Veterinary service provider CVS Group reported a 7. 6% year-on-year increase in group sales for the four months ended 31 October in an update on Wednesday.
Genus reports encouraging start to financial year
Animal genetics specialist Genus reported an encouraging start to its 2025 financial year on Wednesday, with trading in line with market expectations despite an anticipated currency headwind of £8m to £9m.
Hornby revenue rises, pre-tax losses widen
Shares in model and hobby specialist Hornby were sliding on Wednesday morning, after it reported an increase in revenue but a wider pre-tax loss.
British Land reports stable first-half performance
British Land reported a stable first-half financial performance on Wednesday, with underlying profit managing a 1% rise to £143m.
Helios Towers slumps as ATP offloads 50.6m shares in placing
Helios Towers fell on Wednesday after investor Arbejdsmarkedets Tillægspension (ATP) - Denmark’s largest lifelong pension plan - sold around 50. 6m shares in the company in a placing for approximately £48m.
HICL Infrastructure returns to positive returns in first half
HICL Infrastructure reported a solid financial turnaround in its first half on Wednesday, with income rising sharply to £71. 7m for the six months ended 30 September, compared to £10. 9m in the same period last year, although its net asset value per share declined.
Britvic full-year profits, revenue rise amid strong consumer demand
Drinks maker Britvic - which is in the process of being taken over by Carlsberg - hailed "another outstanding performance" on Wednesday as it pointed to strong consumer demand.
Severn Trent reports 17% jump in first-half profits
Severn Trent has reported a double-digit increase in first-half profits and said it expects capital investment to hit the top end of guidance this year, putting it in a strong position for the next five-year regulatory cycle, AMP8.
Sage reports solid full-year growth
Sage Group has reported solid full-year growth on Wednesday, driven by the execution of its subscription-based recurring revenue model and disciplined cost management.
Crest Nicholson sees FY at lower end, but upbeat on 2025
House builder Crest Nicholson said it expected full-year earnings to be at the lower end of the guidance due to a higher proportion of affordable homes being delivered and moved to trade out of low margin sites.
Dunelm buys Ireland's Homefocus for undisclosed sum
Homewares retailer Dunelm on Wednesday said it had bought Irish soft furnishing chain Homefocus for an undisclosed sum.