Company News
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IAG profits fly past pre-pandemic levels on strong leisure demand
Thursday 29 Feb 2024
(Sharecast News) - British Airways owner IAG on Thursday more than doubled annual profit as demand continued to rebound from the effects of the Covid pandemic. Read More
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Annual profits tumble at Man Group
Thursday 29 Feb 2024
(Sharecast News) - Man Group posted a slump in annual profits on Thursday, despite a jump in assets under management, after performance fees tumbled. Read More
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Hunting earnings jump as it diversifies revenue sources
Thursday 29 Feb 2024
(Sharecast News) - Hunting reported a 19% rise in its order book in its full-year results on Thursday. to $565.2m, accompanied by a 28% increase in revenue to $929.1m. Read More
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Greencoat UK Wind hikes FY dividend
Thursday 29 Feb 2024
(Sharecast News) - Renewable infrastructure fund Greencoat UK Wind hiked its dividend above expectations in 2023 and said it was confident of being able to do it again in FY24. Read More
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Indivior receives settlement approval for antitrust litigation
Thursday 29 Feb 2024
(Sharecast News) - Pharmaceuticals business Indivior has received final court approval for a landmark settlement in an antitrust multi-district litigation with the direct purchaser class. Read More
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LSE expects progress in 2024, says outlook for IPOs ' encouraging'
Thursday 29 Feb 2024
(Sharecast News) - The London Stock Exchange Group posted modest profit growth for the year just ended and sounded a confident note on the outlook, including for initial public offerings. Read More
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'Challenging' year dents profits at Schroders
Thursday 29 Feb 2024
(Sharecast News) - Asset manager Schroders posted a slide in annual profits on Thursday, after a historically "challenging" year for the sector. Read More
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Hammerson earnings rise in record year for leasing activity
Thursday 29 Feb 2024
(Sharecast News) - Hammerson reported another record year of leasing activity in its final results on Thursday, with 306 deals totalling £46m in headline rent, marking an increase of 23% year-on-year. Read More
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Avacta tumbles after raising £25.7m in heavily discounted placing
Thursday 29 Feb 2024
(Sharecast News) - Healthcare therapeutics company Avacta tumbled on Thursday after a heavily discounted placing. Read More
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Shaftesbury Capital swings to net profit on strong leasing
Thursday 29 Feb 2024
(Sharecast News) - West End-focused real estate group Shaftesbury Capital said it saw "excellent" leasing activity across all property with rents rising by a tenth as it swing to a net profit in 2023. Read More
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Spire Healthcare profits grow following 'strong' FY performance
Thursday 29 Feb 2024
(Sharecast News) - Private healthcare business Spire revealed on Thursday that full-year profits had surged in 2023 following a "strong" full-year performance. Read More
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GSK reaches settlement in another Zantac case
Thursday 29 Feb 2024
(Sharecast News) - GSK announced a confidential settlement with Boyd/Steenvoord, effectively resolving a case filed in California state court over its discontinued heartburn drug Zantac. Read More
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Serco sees lower revenue, profits up in 2024
Thursday 29 Feb 2024
(Sharecast News) - Government contractor Serco said it expected slightly lower revenues this year and a 5% rise in profit as 2023 earnings rose 25%. Read More
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Drax lifts dividend as full-year profits jump
Thursday 29 Feb 2024
(Sharecast News) - Power generation company Drax posted a surge in full-year profits on Thursday and lifted its dividend, as Britons struggled to pay their energy bills. Read More
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Spectris reports record profits but sales fall short of forecasts
Thursday 29 Feb 2024
(Sharecast News) - Precision instrumentation and controls company Spectris reported record adjusted profits for 2023 on the back of double-digit sales growth and improving margins, though sales came i... Read More
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Vesuvius FY profits drop amid 'difficult' market conditions
Thursday 29 Feb 2024
(Sharecast News) - Molten metal flow engineer Vesuvius reported a drop in full-year profit and revenue on Thursday amid "difficult" market conditions. Read More
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Howden profits fall 19% on weaker building market
Thursday 29 Feb 2024
(Sharecast News) - Profits at Howden Joinery fell more than expected last year as a weaker DIY and housing market hit the bottom line. Read More
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Ocado returns to profit in 2023
Thursday 29 Feb 2024
(Sharecast News) - Ocado said on Thursday that it swung back to an underlying profit in 2023 as its joint venture with M&S returned to profit. Read More
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Weir Group delivers strong 2023 profits as margins beat targets
Thursday 29 Feb 2024
(Sharecast News) - Weir Group managed to deliver an 18% increase in adjusted profits in 2023 after beefing up margins more than expected as it pointed to further growth across the board this year. Read More
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Haleon sees higher sales in 2024 as FY profits come in flat
Thursday 29 Feb 2024
(Sharecast News) - Consumer health firm Haleon on Thursday posted flat annual earnings and said it expected to grow revenue this year on higher demand. Read More
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