News And Announcements
Porvair profits slightly ahead of market forecasts
Porvair, the specialist filtration, laboratory and environmental technology businesses, has revealed that full-year profits should be "marginally" ahead of market expectations.
Pennant International set to end year as expected
Systems support software and training solutions specialist Pennant International forecast full-year results in line with market expectations in an update on Tuesday, flagging revenue of around £14m and adjusted EBITDA of £1. 2m.
88 Energy upbeat on PEL 93 initial seismic data
88 Energy announced the initial interpretation of 2D seismic data for its PEL 93 exploration licence in Namibia’s Owambo Basin on Tuesday, which were processed by Monitor Exploration and confirmed 10 independent structural leads.
Boeing shares jump as 737 MAX production reportedly resumes
Shares in struggling aerospace giant Boeing jumped on Tuesday after reports that it resumed production of its 737 MAX jetliners last week.
Dekel reports subdued palm oil production, improved prices
West African agriculture company Dekel Agri-Vision said in an update on Tuesday that palm oil production at the Ayenouan project remained subdued in November due to the typical low season, with crude palm oil (CPO) production down 73. 9% compared to the same period in 2023.
Atome secures option for additional land at Villeta
Green fertiliser project developer Atome announced on Tuesday that it has secured an option to acquire an additional 13 hectares of land adjacent to its Villeta facility in Paraguay.
DG Innovate announces placing for 'immediate needs'
Shares in DG Innovate dropped on Tuesday after the mobility and energy storage technology company announced a share placing to raise £500,000.
Canary Wharf secures £610m loan with Apollo
Canary Wharf Group has secured a £610m loan with US private capital firm Apollo, the east London landlord confirmed on Tuesday.
Boohoo urges shareholders to reject Frasers advances
Struggling retailer Boohoo Group has urged shareholders to vote against moves by Frasers Group to install tycoon Mike Ashley on its board.
Elixirr International announces board changes
Challenger consultancy Elixirr International announced a number of changes to its board of directors on Tuesday, with co-founder and chief financial officer Graham Busby to transition to the role of deputy chief executive officer on 1 January.
Yellow Cake NAV slips as uranium values decline
Uranium investor Yellow Cake reported a rise in uranium holdings but a decrease in net asset value due to lower spot prices in its interim results on Tuesday.
Pantheon Resources makes significant North Slope discovery
Pantheon Resources has announced a significant discovery at its Megrez-1 well, located in the Ahpun oil field on Alaska's North Slope, on Tuesday.
Naked Wines 'in better position' despite revenue slide
Naked Wines cut interim losses despite a further slide in revenues on Tuesday, as it insisted it was now in a better position financially.
Moonpig swings to first-half loss
Moonpig said on Tuesday that it swung to a pre-tax loss in the first half as it pointed to "challenging" trading in its Experiences segment.
UK supermarket sales set to top £13bn in December
UK supermarket sales are set to surpass £13bn in December for the first time, according to fresh data from Kantar on Tuesday, as shoppers geared up for the Christmas season.
Thames Water sees sewage spills spike
Crisis-hit Thames Water reported a spike in sewage spills and higher debts on Tuesday, but insisted it was moving closer to being on a more stable financial footing.
NCC shares tank on poor outlook as sales cycles lengthen
Shares in NCC tanked on Tuesday despite the Manchester-based cybersecurity and software services firm delivering in-line annual results, as investors focused on the outlook statement, which pointed to a lengthening of sales cycles in recent months.
Hvivo strikes £11.5m RSV contract with existing client
Contract research organisation Hvivo has struck a £11. 5m Respiratory Syncytial Virus contract with an "existing top-tier global pharmaceutical client".
Great Portland Estates inks new lease agreement with Heineken UK
Property development and investment firm Great Portland Estates said on Tuesday that Heineken UK has signed a new office lease for 17,000 square foot at its wells&more asset in West London.
Smiths News renews Reach contract through 2029
News wholesaler and distributor Smiths News announced a new long-term distribution contract with Reach, the UK’s largest commercial news publisher, on Tuesday.