Company News
Eagle Eye reports strong start to new financial year
Eagle Eye Solutions Group reported a strong start to the 2025 financial year on Thursday, driven by new contract wins, expanded client engagements, and a growing global demand for personalised loyalty solutions.
Restore confident in earnings forecast amid market challenges
Information management and lifecycle specialist Restore reported steady progress for the 10 months ended 31 October on Thursday, despite market challenges linked to public sector uncertainty and the Autumn Budget.
PayPoint shares slide despite first-half growth
Shares in PayPoint were sliding on Thursday morning, even after it reported a 20. 6% improvement in first-half underlying EBITDA to £37. 5m on the back of continued operational momentum across its divisions.
Intercede enters partnership with Dutch firm Infinigate NL
Cybersecurity software company Intercede Group announced a strategic partnership with Infinigate NL, a distributor of technology products, on Thursday.
Breedon Group upbeat on resilient trading performance
Breedon Group reported a resilient trading performance for the 10 months ended 31 October on Thursday, driven by robust pricing and operational excellence, despite a challenging construction market in Great Britain.
JD Sports slumps on warning profit will be at lower end of range
Shares in JD Sports Fashion slumped by 15% on Thursday as the retailer warned full-year profits would be at the lower end of forecasts after a “volatile” trading environment in October due to bigger discounts, milder weather and consumer caution ahead of the US election.
PZ Cussons sees H1 sales growth of 5% as trading in line
Personal healthcare product maker PZ Cussons on Thursday said it expected first-half like-for-like revenue growth of 5%, with trading in line with expectations since its annual results in September.
Investec profits rise through improved cost efficiency
Investec reported a 7. 6% rise in adjusted operating profit to £474. 7m for the six months ended 30 September on Thursday, driven by revenue growth of 5. 6% to £1. 1bn and improved cost efficiency.
Close Brothers reports stable Q1 amid motor finance uncertainty
Close Brothers reported a stable first-quarter performance in an update on Thursday, supported by growth in its banking division and disciplined cost management, despite headwinds from legal challenges in its motor finance business.
Mitie hails record contract wins as H1 profits rise
Mitie reported a jump in first-half profits and revenue on Thursday as it hailed record contract wins and renewals.
Halma ups dividend as first-half revenues top £1bn
Safety equipment and hazard detection products group Halma has raised its interim dividend by 7% after a record first-half performance which saw sales top the £1bn mark, as it retained its guidance for the full year.
Frasers Group and Boohoo in fresh clash over Kamani
Frasers Group, the largest shareholder in Boohoo with a 28. 01% stake, intensified its call for the removal of Boohoo’s executive chairman Mahmud Kamani on Thursday.
Liontrust to cut jobs as profits fall
Liontrust Asset Management said on Thursday that it was planning to cut around 25 jobs in a bid to save costs, as it reported a drop in first-half profits.
IDS returns to profit as Royal Mail losses shrink
Postal and courier giant International Distribution Services returned to an adjusted operating profit in the first half, as revenues increased across the group and losses at Royal Mail reduced.
Xaar CFO Ian Tichias resigns
Inkjet printing technology group Xaar said on Wednesday that chief financial officer Ian Tichias has resigned "to pursue other opportunities".
Company veteran named chief scientific officer at Pfizer
Pfizer has appointed company insider Chris Boshoff as its new chief scientific officer, the US drugs giant confirmed on Wednesday.
Tokyo metro operator grabs Elizabeth Line contract from China's MTR
Tokyo's metro system operator, Japanese trading company Sumitomo and Britain's Go-Ahead Group have won a contract to operate London's troubled Elizabeth Line, taking over from China's MTR, officials announced on Wednesday.
Director dealings: Sirius CEO invests, TBC Bank executive sells shares
Sirius Real Estate disclosed a number of share transactions involving its chief executive officer Andrew Coombs, and a person closely associated (PCA) with him, Sharon Clarke-Wills, on Wednesday.
E.ON must pay £14.5m over billing failures - Ofgem
E. ON has been fined £14. 5m by the UK watchdog for "unacceptable" billing failures during the cost of living crisis, it was announced on Wednesday.
Coats holds guidance on strong sales, targets 18% op margin
Industrial thread maker Coats said it expected full-year results to be in line with expectations and forecast an operating margin of around 18%, driven by strong sales growth.