Company News
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Marston's reports positive first half as trading normalises
Tuesday 16 May 2023
(Sharecast News) - Pub operator Marston's reported positive growth in its underlying first-half results on Tuesday, despite a tougher macroeconomic environment. Read More
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Boohoo confident in recovery, analysts agree after net cash surprise
Tuesday 16 May 2023
(Sharecast News) - Online fast-fashion retailer Boohoo Group reported revenue of £1.77bn in its final results on Tuesday, representing an 11% year-on-year decrease. Read More
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Higher interest rates see Landsec swing into the red
Tuesday 16 May 2023
(Sharecast News) - Land Securities said on Tuesday that it swung to an annual loss after higher interest rates and the weaker economic backdrop hit the value of its properties. Read More
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On The Beach first-half losses narrow
Tuesday 16 May 2023
(Sharecast News) - On The Beach reported a narrowing of its interim losses on Tuesday as revenues grew amid higher passenger bookings. Read More
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Europe open: Shares edge ahead as weak China data mutes sentiment
Tuesday 16 May 2023
(Sharecast News) - European markets opened slightly higher on Tuesday as weaker-than-expected China data prompted fears that the post Covid recovery in the world's second-largest economy was losing st... Read More
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Sales rise but profit flounders at Shoe Zone
Tuesday 16 May 2023
(Sharecast News) - Footwear retailer Shoe Zone reported total first-half revenue of £75.4m on Tuesday, up 7.9% year-on-year, with store revenue ahead 6.8% at £61.1m. Read More
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Workspace sells five non-core McKay properties for £82m
Tuesday 16 May 2023
(Sharecast News) - Workspace said on Tuesday that it has sold five non-core properties in the South-East of England for £82m. Read More
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FDM maintains confidence despite second-quarter slowdown
Tuesday 16 May 2023
(Sharecast News) - IT professional service specialist FDM Group said in an update on Tuesday that trading in the first three months of its financial year met expectations, though it saw a slowdown in ... Read More
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Revenue rises, profitability takes a hit at Imperial Brands
Tuesday 16 May 2023
(Sharecast News) - Tobacco giant Imperial Brands reported a 4.8% improvement in first-half revenue on Tuesday, to £3.66bn, although adjusting for constant currency, its revenue decreased 1%. Read More
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Synthomer trading in line with management expectations
Tuesday 16 May 2023
(Sharecast News) - Synthomer said on Tuesday that trading in the first four months of the year has been "broadly consistent" with the board's expectations, reflecting "the continued challenging macroe... Read More
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Essentra holds guidance despite 9% fall in sales
Tuesday 16 May 2023
(Sharecast News) - Components maker Essentra on Tuesday held annual guidance, despite sales falling 9% in the four months to May 6, as supply chain improvements and signs of a rebound in China helped ... Read More
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Genus cuts full-year profit outlook
Tuesday 16 May 2023
(Sharecast News) - Animal genetics company Genus cut its full-year profit outlook on Tuesday as it pointed to "very challenging" market conditions in the porcine business in China. Read More
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Britvic interim profits rise amid strong demand
Tuesday 16 May 2023
(Sharecast News) - Drinks company Britvic posted a rise in interim profits and revenue on Tuesday as it noted strong demand and standout performances from Tango and Pepsi MAX, and hailed an "excellent... Read More
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Greggs sees rise in sales despite pressure on customers
Tuesday 16 May 2023
(Sharecast News) - UK high street food chain Greggs has forecast a strong growth in demand this year, driven by new products such as chicken goujons and potato wedges despite cost inflation and pressu... Read More
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Diploma posts 30% jump in 1H sales, raises guidance
Monday 15 May 2023
(Sharecast News) - Diploma posted a strong set of results for the first half of its financial year and upped its guidance. Read More
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Director dealings: Trainline non-exec linked to £25k buy, LSEG director's firm sells more
Monday 15 May 2023
(Sharecast News) - Trainline found itself on the list of director buys on Monday, after one of its non-executive directors was linked to a near-£25k transaction. Read More
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Currys lifts guidance after strong end to year
Monday 15 May 2023
(Sharecast News) - UK electricals retailer Currys on Monday lifted its full-year earnings guidance after trading in the final two months of its fiscal year were better-than-expected. Read More
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BAT appoints finance chief Marroco CEO as Bowles exits
Monday 15 May 2023
(Sharecast News) - British American Tobacco said it had appointed finance director Tadeu Marroco as chief executive, succeeding Jack Bowles who was stepping down with immediate effect on Monday after ... Read More
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TPG snaps up Angelo Gordon in $2.7bn deal
Monday 15 May 2023
(Sharecast News) - US private equity firm TPG Inc is to buy debt manager Angelo Gordon in a $2.7bn deal, it was confirmed on Monday. Read More
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Pan African makes progress on renewable energy developments
Monday 15 May 2023
(Sharecast News) - Pan African Resources updated on its renewable energy developments on Monday, reporting substantial progress in its efforts towards sustainable energy solutions. Read More
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