Company News
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Bayer reports strong growth, warns of lower 2023 earnings
Tuesday 28 Feb 2023
(Sharecast News) - Bayer reported strong growth across the board in its 2022 results on Tuesday, with group sales increasing 8.7% to €50.74bn after adjusting for currency and portfolio effects, ... Read More
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UAE's e& lifts stake in Vodafone to 14%
Tuesday 28 Feb 2023
(Sharecast News) - UAE telecommunications company e&, formerly Etisalat, has upped its stake in London-listed Vodafone Group again. Read More
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Fashion brand Scotch & Soda exploring sale - report
Tuesday 28 Feb 2023
(Sharecast News) - Amsterdam-based fashion brand Scotch & Soda, which has stores in locations including London's Covent Garden, is reportedly exploring a sale after more than a decade in private equit... Read More
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AO World lifts FY profit guidance again
Tuesday 28 Feb 2023
(Sharecast News) - Online electrical retailer AO World upgraded its profit guidance on Tuesday for the second time this year - and the third since November - citing the benefits of its cost-savings dr... Read More
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Croda hails record full-year results
Tuesday 28 Feb 2023
(Sharecast News) - Croda International hailed record results on Tuesday as it posted a rise in full-year sales and profit but also cautioned that its 2023 performance will be more weighed to the secon... Read More
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St James's Place delivers record FY financials
Tuesday 28 Feb 2023
(Sharecast News) - Investment manager St James's Place said on Tuesday that it had delivered record financial results in 2022, with pre-tax profits and net asset values both rising. Read More
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McBride revenues rise as it moves back towards breakeven
Tuesday 28 Feb 2023
(Sharecast News) - Household and cleaning products contract manufacturer McBride reported a solid first half performance on Tuesday, with group revenues up by 31.8% to £426.3m. Read More
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XP Power swings to loss despite H2 improvement, CFO resigns
Tuesday 28 Feb 2023
(Sharecast News) - Power control specialist XP Power reported a significant improvement in second-half performance in its results on Tuesday, as supply chain conditions stabilised, allowing for increa... Read More
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Revenue, earnings up at Intertek as China still drags
Tuesday 28 Feb 2023
(Sharecast News) - Assurance, inspection, product testing and certification company Intertek posted full-year revenue of £3.19bn in its final results on Tuesday, making for an increase of 8.2% at cons... Read More
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Derwent London posts FY IFRS pre-tax loss
Tuesday 28 Feb 2023
(Sharecast News) - Property investor and developer Derwent London said on Tuesday that it had fallen to an IFRS pre-tax loss in 2022 despite net rental income and lettings both rising. Read More
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Workspace chairman to step down after nine years on the board
Tuesday 28 Feb 2023
(Sharecast News) - Real estate investment trust Workspace Group revealed on Tuesday that chairman Stephen Hubbard will step down after nine years on the board. Read More
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Unite Group FY performance returns to pre-pandemic peaks
Tuesday 28 Feb 2023
(Sharecast News) - Student accommodation provider Unite Group said on Tuesday that its full-year performance had come in ahead of pre-pandemic peak levels and pointed to a "strong outlook" for 2023-24... Read More
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Man Group posts industry-beating net inflows
Tuesday 28 Feb 2023
(Sharecast News) - Investment manager Man Group announced the departure of its chairman on Tuesday as it reported a rise in full-year pre-tax profit and assets under management amid industry-beating n... Read More
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Videndum profits rise despite headwinds
Tuesday 28 Feb 2023
(Sharecast News) - Video hardware and software maker Videndum, formerly known as Vitec, reported a jump in annual profits. Read More
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Rotork profits rise on higher prices, volumes
Tuesday 28 Feb 2023
(Sharecast News) - Industrial flow control maker Rotork on Tuesday reported a rise in full-year earnings as higher prices and volumes offset cost inflation. Read More
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Serco backs 2023 guidance as trading profit, revenues rise
Tuesday 28 Feb 2023
(Sharecast News) - Outsourcer Serco hiked its dividend on Tuesday as it reported a rise in full-year profit and revenue despite a decline in Covid-related work. Read More
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Travis Perkins profits fall 16% as housing market slows down
Tuesday 28 Feb 2023
(Sharecast News) - UK builders merchant Travis Perkins on Tuesday reported a fall in annual profit due to a tougher housing market and restructuring costs, which offset a rise in sales. Read More
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Ocado losses widen to £500m as retail operations hammered
Tuesday 28 Feb 2023
(Sharecast News) - UK online grocer and technology company Ocado Group posted wider losses as the cost of living crisis and return to normal shopping habits after the Covid pandemic hammered its joint... Read More
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Abrdn swings to annual loss as inflation bites
Tuesday 28 Feb 2023
(Sharecast News) - UK asset manager abrdn swung to a full-year loss citing volatile markets and surging investments in what the company called "one of the hardest investing years in living memory". Read More
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Tuesday preview: US house price surveys, Ocado in the spotlight
Monday 27 Feb 2023
(Sharecast News) - The market spotlight on Tuesday would be house price surveys for the US covering the month of December. Read More
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