Company News
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Genel Energy lowers net debt position
Tuesday 12 Nov 2024
(Sharecast News) - Oil company Genel Energy said on Tuesday that it had significantly lowered its net debt position throughout the first nine months of the trading year. Read More
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Marks Electrical reports growth, but 'leaned too far' into lower-margin products
Tuesday 12 Nov 2024
(Sharecast News) - Marks Electrical Group reported a solid first-half performance on Tuesday, with revenue rising 9.3% to £58.8m, driven by 13% volume growth in major domestic appliances and a more-th... Read More
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Cake Box upbeat after strong first half
Tuesday 12 Nov 2024
(Sharecast News) - Cake Box reported a strong first-half performance on Tuesday, with revenue increasing 4.3% to £18.7m, supported by positive momentum in franchise store sales and expanding online de... Read More
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Raspberry Pi strikes strategic partnership with Italy's SECO
Tuesday 12 Nov 2024
(Sharecast News) - Single-board computer designer Raspberry Pi has inked a strategic partnership with Italian internet-of-things solutions business SECO ahead of the launch of its Compute Module 5 pro... Read More
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McBride on track to hit forecasts, but cautious about cost pressures
Tuesday 12 Nov 2024
(Sharecast News) - White-label and branded household products maker McBride said it expects to deliver its third straight year of revenue growth, having performed in line with market expectations in i... Read More
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Diversified Energy reports Q3 net loss of $1m
Tuesday 12 Nov 2024
(Sharecast News) - Gas and oil production company Diversified Energy reported a net loss of $1.0m for the three months ended 30 September amid a continued focus on debt repayments and additional undev... Read More
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Shell wins appeal against Dutch ruling to cut emissions
Tuesday 12 Nov 2024
(Sharecast News) - Oil producer Shell has won its appeal in a Dutch court against a 2021 ruling to slash its global carbon emissions. Read More
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Drax FY underlying profits set to top £1bn
Tuesday 12 Nov 2024
(Sharecast News) - Power generation business Drax said on Tuesday that full-year profits looked set to top £1.0bn on the back of a strong performance from its electricity and pellet business. Read More
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Bayer cuts earnings outlook, shares tumble
Tuesday 12 Nov 2024
(Sharecast News) - Bayer shares tumbled on Tuesday as it cut its full-year earnings guidance. Read More
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Franchise Brands shares drop on uncertain outlook
Tuesday 12 Nov 2024
(Sharecast News) - Shares in AIM-listed Franchise Brands dropped sharply on Tuesday after the franchisor said that full-year profits are likely to come in at the lower end of market forecasts. Read More
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Renewi reports 'tangible progress' in first half
Tuesday 12 Nov 2024
(Sharecast News) - Renewi reported a solid first-half performance on Tuesday, with revenue from continuing operations up 4% to €874.5m, driven by strong pricing in its commercial waste division ... Read More
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4Imprint confident after US election cycle 'distraction'
Tuesday 12 Nov 2024
(Sharecast News) - 4imprint Group reported a robust performance for the 10 months through October in an update on Tuesday, achieving revenue growth and maintaining profitability in a challenging North... Read More
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Oxford Instruments confident despite some market softness
Tuesday 12 Nov 2024
(Sharecast News) - Oxford Instruments reported first-half revenue growth and strategic progress on Tuesday, recording a 10.4% increase in revenue at constant currency to £225.8m, supported by strong p... Read More
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BAE holds guidance, sees growth from global tensions
Tuesday 12 Nov 2024
(Sharecast News) - UK arms maker BAE Systems held annual guidance adding that its order book reflected demand from governments for weaponry amid increasing global tensions. Read More
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Bank of Georgia confident after strong third quarter, election fallout
Tuesday 12 Nov 2024
(Sharecast News) - Bank of Georgia Group reported a strong third-quarter financial performance on Tuesday, with consolidated profit for the period rising by 42.5% year-on-year to GEL 509.3m (£145.29m)... Read More
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Vodafone reiterates guidance after first-half revenue growth
Tuesday 12 Nov 2024
(Sharecast News) - Vodafone Group reported a 1.6% rise in total revenue to €18.3bn for the first half of its financial year on Tuesday, with service revenue growing 1.7% to €15.1bn. Read More
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FCA fines Metro Bank £16.7m for anti-money laundering failings
Tuesday 12 Nov 2024
(Sharecast News) - The Financial Conduct Authority said on Tuesday that it has fined Metro Bank £16.7m for failing to have the right controls in place to combat money laundering. Read More
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Convatec raises guidance after robust sales growth
Tuesday 12 Nov 2024
(Sharecast News) - Wound care specialist Convatec raised its guidance for the 2024 financial year on Tuesday, following robust sales growth across its divisions. Read More
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Fresnillo partner flags problems at Silverstream mineral source
Tuesday 12 Nov 2024
(Sharecast News) - Fresnillo announced on Tuesday that Industrias Peñoles, its partner in a long-standing silver production agreement, had notified it of operational issues affecting the Sabinas mine,... Read More
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AstraZeneca upgrades full-year guidance amid strong momentum
Tuesday 12 Nov 2024
(Sharecast News) - AstraZeneca upgraded its full-year revenue and earnings per share guidance on Tuesday, citing strong growth across key therapy areas and robust financial results for the first nine ... Read More
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