Company News
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Tuesday preview: UK employment, Davos, Trump in focus

Investors' focus on Tuesday would be on the latest UK employment figures.

20 Jan
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Director dealings: Safestore CEO raises stake

Safestore revealed on Monday that chief executive Frederic Vecchioli had acquired 16,000 ordinary shares in the FTSE 250-listed self-storage provider.

20 Jan
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OptiBiotix launches SlimBiome products on Amazon India

OptiBiotix Health announced the launch of multiple SlimBiome-containing products under its GoFigure brand on Amazon India on Monday, marking a strategic expansion into the country’s rapidly growing weight management market.

20 Jan
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Zephyr Energy starts new drilling on Cane Creek reservoir

Zephyr Energy announced the start of drilling operations for the extended lateral section of the State 36-2 LNW-CC-R well on Monday.

20 Jan
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Powerhouse Energy announces proposed collaboration with Avioxx

Powerhouse Energy announced a proposed collaboration with Avioxx on Monday, to integrate its waste-to-energy technology into Avioxx’s pilot facility for the production of sustainable aviation fuel (SAF).

20 Jan
Secret Escapes hires bankers to explore sale - report

Online travel platform Secret Escapes has reportedly hired bankers to explore a sale nearly 15 years after its launch.

20 Jan
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Pod Point FY revenues to miss guidance, shares tumble

Pod Point tumbled on Monday as it warned that full-year revenues and net cash were set to be lower-than-expected due to ongoing weakness in the private new car segment of the electric vehicle market.

20 Jan
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Jadestone Energy ends 2024 with record output rate

Asia Pacific-focused oil group Jadestone Energy has announced that it exited 2024 at a record production rate of 24,000 barrels of oil equivalents per day (boe/d).

20 Jan
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Trainline shares slide on reports of possible wider contactless rollout

Shares in Trainline were sliding on Monday, as it emerged that the UK government was planning to expand contactless pay-as-you-go travel across the country's railway network as part of the priorities for the new state-owned operator Great British Railways (GBR).

20 Jan
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Midwich delivers 'robust trading performance' in FY24

Audio-visual distributor Midwich Group said on Monday that it had delivered a "robust trading performance" in FY24 as it navigated a "challenging market".

20 Jan
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MP Evans reports stable full-year production

MP Evans reported a stable production performance for 2024 on Monday, despite challenging weather conditions across Indonesia, with fresh fruit bunches (FFB) from its own estates increasing by 2% to 937,000 tonnes.

20 Jan
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Kenmare Resources flags strong full-year operational performance

Kenmare Resources reported a strong operational performance for 2024 on Monday, with ilmenite production exceeding the midpoint of guidance and output of primary zircon, rutile, and concentrates surpassing the upper end of expectations.

20 Jan
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ESCT urges shareholder to vote down Saba's 'damaging' proposals

The board of the European Smaller Companies Trust (ESCT) urged shareholders to vote against resolutions proposed by Saba Capital Management on Monday, citing concerns that Saba’s proposals would fundamentally alter the company's investment strategy.

20 Jan
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Me Group extends partnership with Morrisons supermarkets

Me Group International announced on Monday that it has extended its partnership with Wm Morrison Supermarkets for a further five years, strengthening its presence across the UK.

20 Jan
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Sanderson Design warns on FY sales amid 'subdued customer demand'

Interior designer Sanderson Design Group warned on Monday that both full-year sales and profits would now fall short of previous expectations amid "subdued customer demand".

20 Jan
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Back-to-work mandates see active office occupation rise for Regional REIT

Regional REIT reported on Monday that active office occupation across its portfolio had surpassed pre-pandemic levels, reflecting a continued return to the office as companies encouraged employees to return to physical workspaces.

20 Jan
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Griffin Mining reports increased renewable energy use at Caijiaying

Griffin Mining reported significant progress in its use of renewable energy at the Caijiaying Zinc Gold Mine on Monday.

20 Jan
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Judges Scientific says outlook improving after 'difficult' 2024

Scientific instruments conglomerate Judges Scientific has reassured investors that results for 2024 will be in line with expectations despite a "difficult year" for the company.

20 Jan
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KPMG facing FRC investigation over Entain audit

The Financial Reporting Council (FRC) launched an investigation into KPMG on Monday, over its audit of Entain’s 2022 financial statements.

20 Jan
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Redcentric appoints Brian Woodford as its new CEO

Redcentric announced the appointment of Brian Woodford to its board on Monday, effective 3 February, with plans for him to assume the role of chief executive officer following a two-month transition period.