Company News
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Severn Trent gives bullish outlook after delivering record FY profits
Wednesday 21 May 2025
(Sharecast News) - Utility group Severn Trent reported record profits and said it expects to double earnings per share over the next three years, as it smashed market forecasts with its results for th... Read More
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Coats confirms guidance despite tariff uncertainty
Wednesday 21 May 2025
(Sharecast News) - Coats Group said on Wednesday that it was on track to finish the first half up on the previous year, despite Donald Trump's global tariff regime causing a spike in uncertainty. Read More
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Shoe Zone swings to interim loss, scraps dividend
Wednesday 21 May 2025
(Sharecast News) - Shoe Zone tumbled on Wednesday as the discount shoe retailer said it swung to an interim loss, scrapped its dividend and struck a downbeat tone on the outlook. Read More
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RS Group revenue, profits fall amid ongoing industrial weakness
Wednesday 21 May 2025
(Sharecast News) - RS Group reported a 10% drop in adjusted profit before tax to £248m for the year ended 31 March on Wednesday, as revenue declined 1% to £2.9bn amid continued weakness in industrial ... Read More
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Revolution Beauty kicks off formal sale process after preliminary approach
Wednesday 21 May 2025
(Sharecast News) - Revolution Beauty said on Wednesday that it was kicking off a formal sale process after receiving a preliminary takeover approach. Read More
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Close Bros optimistic despite softer loan book
Wednesday 21 May 2025
(Sharecast News) - Close Brothers Group saw its loan book shrink in the third quarter, the merchant bank confirmed on Wednesday, but remained confident for the full year after it bolstered its capital... Read More
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Great Portland Estates lifts rental forecasts after strong leasing year
Wednesday 21 May 2025
(Sharecast News) - Great Portland Estates has raised its estimates for rental growth this year after a solid performance over the 12 months to 31 March, with profits and valuations coming in ahead of ... Read More
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SSE cuts investment plans by £3bn as FY profits drop
Wednesday 21 May 2025
(Sharecast News) - Energy company SSE has cut its network investment programme by £3bn amid a "complex operating environment", as it reported a sharp drop in full-year profits. Read More
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4imprint hails 'resilient' performance ahead of AGM
Wednesday 21 May 2025
(Sharecast News) - 4imprint Group said on Wednesday that it delivered a "resilient" operational and financial performance in the early part of 2025, against a backdrop of volatile macroeconomic condit... Read More
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M&S estimates £300m hit from cyberattack as FY profits tank
Wednesday 21 May 2025
(Sharecast News) - Marks & Spencer has said it expects current-year profits to take a £300m hit from a "highly sophisticated" cyber incident that has hampered operations over the past month. Read More
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Currys lifts FY guidance again as sales, cash flow surge
Wednesday 21 May 2025
(Sharecast News) - Electrical retailer Currys raised its annual profit outlook again with "significant" free cash flow underpinning the board's plan to resume dividend payments after a 4% rise in like... Read More
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Fresnillo confident after sharp increase in profitability
Tuesday 20 May 2025
(Sharecast News) - Fresnillo delivered a sharp increase in profitability in 2024, it noted in an update on Tuesday, supported by stronger precious metal prices, improved operational efficiency, and a ... Read More
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Director dealings: Gelion, Afentra disclose transactions
Tuesday 20 May 2025
(Sharecast News) - Gelion disclosed a director share purchase by non-executive director Dr Graham Cooley on Tuesday. Read More
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Wednesday preview: UK inflation data, retail results on tap
Tuesday 20 May 2025
(Sharecast News) - After a quiet couple of days for economic data, Wednesday's schedule picks up a gear with the release of April's UK consumer price index, while updates from high street names Curry'... Read More
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Adriatic Metals in takeover talks with Canada's Dundee Precious Metals
Tuesday 20 May 2025
(Sharecast News) - Precious metals miner Adriatic Metals surged on Tuesday after confirming that it is in talks with Toronto-listed peer Dundee Precious Metals about a possible takeover offer. Read More
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BioNTech to invest up to £1bn in UK R&D expansion
Tuesday 20 May 2025
(Sharecast News) - BioNTech announced on Tuesday that it will invest up to £1bn over the next decade to expand its research and development footprint in the UK, backed by a government grant of up to £... Read More
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Greggs shares surge as 'viral' macaroni cheese proves a sales hit
Tuesday 20 May 2025
(Sharecast News) - Shares in Greggs surged on Tuesday as the UK bakery chain reported a rebound in sales, driven by an extended range of products, including a macaroni cheese that went viral on social... Read More
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Honda to slash EV spending as market slowdown continues
Tuesday 20 May 2025
(Sharecast News) - Japanese auto giant Honda Motor has announced that it is slashing its investments into electric vehicles by 30%, just a week after it postponed building a new EV battery plant in Ca... Read More
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Image Scan warns on profits, shares slump
Tuesday 20 May 2025
(Sharecast News) - Shares in Image Scan tumbled on Tuesday, after the X-ray screening specialist warned on profits following a "disappointing" first half. Read More
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RBC Capital ups price target on Hikma
Tuesday 20 May 2025
(Sharecast News) - RBC Capital Markets has upped both forecasts and its price target for blue chip generics specialist Hikma Pharmaceuticals. Read More
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