News And Announcements
Mallinckrodt and Endo to merge in $6.7bn deal
Pharmaceutical firm Mallinckrodt said on Thursday that it has agreed to merge with Endo in a $6. 7bn deal.
Secure Trust Bank lifts dividend despite difficult market conditions
Secure Trust Bank saw its shares rally on Thursday, after it posted a solid set of numbers and upped the dividend, despite difficult market conditions.
Bridgepoint announces 'strong' full-year profit
Bridgepoint reported "strong" full-year underlying profit growth, alongside a record amount of capital returned to clients.
Eurozone industrial production rebounds in January
Eurozone industrial production surprised on the upside in January, official data showed on Thursday, supported by expansion in Germany, the bloc’s biggest economy.
John Lewis Partnership sees profits triple
The John Lewis Partnership posted a surge in annual profits on Thursday, but ruled out reinstating staff payouts.
Model train set maker Hornby to delist from AIM
Model train set maker Hornby said on Thursday that it was planning to leave the AIM stock market and go private, citing regulatory hurdles and a desire to cut costs.
Volution predicts forecast-beating second half, shares jump
Shares in Volution Group rallied on Thursday, after the engineering firm said full-year earnings were on track to beat forecasts.
Deliveroo hails first year of profit but shares tumble on downbeat outlook
Deliveroo hailed its first ever year of profit and positive free cash flow on Thursday as it expanded its grocery and retail offering, but the shares tumbled as it highlighted an "uncertain" consumer environment.
Genus taps Andy Russell for CFO
Animal genetics business Genus revealed on Thursday that it had appointed Andy Russell to the role of chief financial officer.
DFS Furniture lifts full-year profit outlook, shares surge
DFS Furniture surged on Thursday as it lifted its full-year profit outlook following an improved profit performance in the first half.
Elementis appoints new CEO
Elementis said it had appointed Luc van Ravenstein as chief executive officer of the specialty chemicals company, succeeding Paul Waterman.
UK house market loses momentum despite price rises
The UK housing market slowed in February, industry research suggested on Thursday, as mounting uncertainty started to weigh on demand.
Helios Towers adjusted EBITDA grows in 'year of significant progress'
Telecommunications infrastructure firm Helios Towers said on Thursday that FY adjusted underlying earnings had grown in what it called a "year of significant progress".
Savills sees deals boost as staff ordered back to office
Real estate agency Savills posted a large jump in annual earnings and said transaction volumes this year would be lifted by companies ordering staff to spend more time in the office.
IG Group Q3 revenues jump amid stronger market conditions
IG Group posted a rise in third-quarter revenues on Thursday as it benefited from stronger market conditions and an increase in active clients.
Trainline sales hit record; unveils £75m buyback
Online ticketing platform Trainline said fiscal year sales hit a record of almost £6bn and announced a new £75m share buyback.
Halma now expects full-year operating margin above 21%
Halma hailed the "good progress" made during the second half of its financial year-to-date.
C&C sees earnings slightly below target on softer trading, UK Budget
Bulmers cider maker C&C Group said underlying operating profits would be “modestly below” target amid weaker consumer confidence and the impact of higher wages and employer taxes introduced in the Budget.