News And Announcements
Cohort reports record first half
Independent technology company Cohort reported record half-year results on Wednesday, with significant growth in revenue, profit, and its order book.
Revenue, earnings fall for newly-demerged Optima Health
Corporate health and wellbeing solutions provider Optima Health reported an 11% decline in revenue in its interim results on Wednesday, to £50. 8m.
ProCook H1 underlying losses widen
Kitchenware brand ProCook said on Wednesday that underlying losses had widened in the six months ended 13 October, partly due to a contraction in gross margins.
Inditex disappoints despite jump in sales, profits
Shares in Zara owner Inditex came under pressure on Wednesday, despite a solid start to the festive shopping season, after earnings narrowly missed expectations.
Gulf Keystone ups buyback after "positive year"
Kurdistan-focused oil producer Gulf Keystone Petroleum has said it remains committed to returning excess cash to shareholders despite a difficult operating environment, as the company raised its share buyback plan by $10m.
Zalando to buy rival About You in €1.1bn deal
German online fashion retailer Zalando said on Wednesday that it has agreed to buy About You in a deal that values its rival at around €1. 1bn.
Billington set to beat full-year market expectations
Structural steel and construction safety solutions specialist Billington said in an update on Wednesday that it expects its profit before tax for the year ending 31 December to exceed current market expectations.
British American Tobacco reaffirms full-year guidance
British American Tobacco reaffirmed its full-year guidance for 2024 on Wednesday, supported by a stronger second half driven by investments in its US commercial operations and innovation in its ‘New Categories’ portfolio.
Volution revenue rises amid solid UK residential performance
Volution reported a rise in revenue on Wednesday as it hailed a particularly strong performance in the UK residential market.
S&U reports mixed trading amid motor finance challenges
Specialist motor and property financier S&U reported a mixed trading performance for the period between 1 August and 10 December on Wednesday, amid challenging conditions in the UK financial services sector.