Company News
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John Lewis warns on jobs as staff lose bonus, profits slump
Thursday 16 Mar 2023
(Sharecast News) - UK retailer John Lewis on Thursday warned it may have to cut jobs as it slumped to a full-year loss and told staff it will not hand out a bonus for only the second time since 1953. Read More
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TI Fluid Systems profits drop on higher costs stoked by Ukraine war, Covid-19
Thursday 16 Mar 2023
(Sharecast News) - TI Fluid Systems saw its profits decline by nearly a quarter despite higher sales on the back of cost inflation. Read More
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PensionBee FY adjusted underlying losses widen
Thursday 16 Mar 2023
(Sharecast News) - Online pension provider PensionBee said on Thursday that full-year adjusted underlying losses had widened despite seeing revenues surge year-on-year. Read More
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Kooth surges on California contract win
Thursday 16 Mar 2023
(Sharecast News) - Kooth surged on Thursday after saying it had secured a contract with the California Department of Health Care Services (DHCS) to deliver its digital mental wellbeing platform for ch... Read More
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Burford Capital shares fall as FY accounts delayed
Thursday 16 Mar 2023
(Sharecast News) - Shares in specialist finance company Burford Capital fell on Thursday after it delayed the publication of its full-year accounts due to ongoing discussions with the Securities and E... Read More
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Bridgepoint cites increased management fees as profits rise
Thursday 16 Mar 2023
(Sharecast News) - Investment company Bridgepoint posted a jump in full-year profits and revenue on Thursday as management fees across its private equity and credit strategies rose. Read More
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OSB Group reports record profit before tax
Thursday 16 Mar 2023
(Sharecast News) - Specialist lending and retail savings provider OSB Group reported a record profit before tax of £591.1m in its preliminary results on Thursday, a 13% increase from 2021. Read More
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Gym Group warns over rising costs, shares tumble
Thursday 16 Mar 2023
(Sharecast News) - Gym Group shares tumbled on Thursday as it cautioned that rising revenues would be broadly offset by higher costs. Read More
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Polymetal flips into negative free cash flow amid sanctions, but upbeat on outlook
Thursday 16 Mar 2023
(Sharecast News) - Polymetal decided to forego dividend payments for 2022 in order to preserve flexibility in navigating what it termed "a highly volatile and uncertain external environment". Read More
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Helios FY operating profit hits record
Thursday 16 Mar 2023
(Sharecast News) - Helios Towers reported a rise in annual operating profit increased driven by adjusted core earnings growth, partially offset by higher depreciation due to the increase in acquired a... Read More
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DFS Furniture cuts annual profit outlook
Thursday 16 Mar 2023
(Sharecast News) - DFS Furniture cut its annual profits expectations on Thursday as it pointed to a slowdown in order intake, and posted a drop in interim profits. Read More
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Investec sees jump in FY profits, boosted by rising interest rates
Thursday 16 Mar 2023
(Sharecast News) - Investec said on Thursday that it expects to report a jump in full-year operating profit as it benefits from continued client acquisition, rising global interest rates and higher av... Read More
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Halma full-year profit seen in line with consensus
Thursday 16 Mar 2023
(Sharecast News) - Halma said on Thursday that adjusted pre-tax profit for the year to the end of March 2023 was set to be in line with consensus market expectations of £359.9m following "good progres... Read More
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Currys replaces Nordics CEO, sees FY profit at lower end of guidance
Thursday 16 Mar 2023
(Sharecast News) - Electricals retailer Currys has replaced the chief executive of its troubled Nordics division and warned that group profits will be at the lower end of expectations. Read More
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Rentokil FY profits rise, dividend lifted
Thursday 16 Mar 2023
(Sharecast News) - Rentokil posted a jump in full-year profit on Thursday and hiked its dividend, underpinned by recent acquisitions. Read More
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Deliveroo sees profit growth in 2023
Thursday 16 Mar 2023
(Sharecast News) - Meal delivery firm Deliveroo on Wednesday said it was set to lift earnings this year and announced a £50m share buyback after an improved second half of 2022. Read More
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Centamin FY shines on higher production, holds guidance
Thursday 16 Mar 2023
(Sharecast News) - Gold miner Centamin said full-year profits rose 11% to $171m driven by a strong rise in production. Read More
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Savills sees tough H1 as 2022 profits fall 16%
Thursday 16 Mar 2023
(Sharecast News) - Real estate agent Savills said it expected a tough first half of the current year as it reported a fall in annual profits. Read More
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Credit Suisse and Swiss authorities in talks
Wednesday 15 Mar 2023
(Sharecast News) - Credit Suisse and Swiss authorities were analysing ways to stem concerns around the lender. Read More
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Thursday preview: ECB, Credit Suisse, Philly Fed index in focus
Wednesday 15 Mar 2023
(Sharecast News) - All eyes on Thursday would be on Swiss and global regulators and how they move to deal - or not - with banking system stress centred now on Swiss lender Credit Suisse. Read More
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