Company News
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Revenue falls but profits stable at Churchill China
Thursday 05 Sep 2024
(Sharecast News) - Hospitality ceramics manufacturer Churchill China reported a 7.8% decrease in revenue in its interim results on Thursday, totaling £40.6m, compared to £44m in the same period last y... Read More
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Xeros shares tumble as it slashes revenue, earnings expectations
Thursday 05 Sep 2024
(Sharecast News) - Textile industry environmental innovator Xeros Technology announced a delay in the mass market launch of a new nine-kilogram washing machine by its Indian licensee IFB Industries on... Read More
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Court orders former Wirecard executives to pay €140m
Thursday 05 Sep 2024
(Sharecast News) - Three former executives of Wirecard, including chief executive Markus Braun, have been ordered to pay €140m in damages by a Munich court. Read More
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Fusion Antibodies strengthens financial position despite revenue decline
Thursday 05 Sep 2024
(Sharecast News) - Preclinical antibody discovery and engineering specialist Fusion Antibodies said in its final results on Thursday that despite a challenging year with a decline in revenue, it had s... Read More
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Asos shares surge on outlook, Topshop stake sale to Heartland
Thursday 05 Sep 2024
(Sharecast News) - Shares in Asos surged by a fifth on Thursday as the troubled online fashion retailer said it was offloading 75% of the Topshop group as part of a joint venture deal with major share... Read More
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EnQuest slams windfall tax as revenues slide
Thursday 05 Sep 2024
(Sharecast News) - UK oil firm EnQuest hit out at the energy profits levy on Thursday, arguing that current conditions meant the windfall tax was no longer merited. Read More
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Verizon to buy Frontier Communications in $20bn cash deal
Thursday 05 Sep 2024
(Sharecast News) - Verizon Communications said on Thursday that it has agreed to buy Frontier Communications, the largest pure-play fibre internet provider in the US, for $20bn in cash. Read More
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Safestay reports 23pc rise in first-half earnings
Thursday 05 Sep 2024
(Sharecast News) - Hostel operator Safestay reported a 23% increase in first-half EBITDA on Thursday, reflecting significant operational progress and portfolio expansion. Read More
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Oriole Resources swings to first-half profit
Thursday 05 Sep 2024
(Sharecast News) - West and Central Africa-focussed exploration company Oriole Resources reported a first-half pre-tax profit of £1.15m on Thursday - a significant improvement compared to a loss of £0... Read More
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Beowulf reports positive test-work results from Kallak Project
Thursday 05 Sep 2024
(Sharecast News) - Beowulf Mining announced positive results from its 2024 metallurgical test-work programme for the Kallak Iron Ore Project in Sweden on Thursday. Read More
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Mkango raises £1.25m to expand magnet recycling operations
Thursday 05 Sep 2024
(Sharecast News) - Mkango Resources announced on Thursday that it has completed a private placement, raising £1.25m to support its efforts to expand its rare earth magnet recycling operations in the U... Read More
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International PPL declares interim dividend in line with target
Thursday 05 Sep 2024
(Sharecast News) - Infrastructure investor International Public Partnerships declared a fully cash-covered interim dividend of 4.18p per share in its half-year results on Thursday, contributing to ful... Read More
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PPHE Hotel Group inks major refinancing deal
Thursday 05 Sep 2024
(Sharecast News) - PPHE Hotel Group announced a major refinancing agreement with Aareal Bank on Thursday, extending the maturity of its existing loan for its Dutch hotel portfolio and the Holmes Hotel... Read More
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UK construction sector 'turns corner' - PMI
Thursday 05 Sep 2024
(Sharecast News) - The UK construction sector's recovery continued in August, a closely-watched survey showed on Thursday, although the rate of expansion eased. Read More
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Bakkavor posts strong first-half growth, CFO steps down
Thursday 05 Sep 2024
(Sharecast News) - Fresh prepared food provider Bakkavor Group announced a strong set of first-half results on Thursday, highlighting revenue growth, improved margins, and debt reduction. Read More
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Genus reports mixed full year, warns of currency headwinds
Thursday 05 Sep 2024
(Sharecast News) - Genus reported strategic progress amid challenging market conditions, particularly in China, in its preliminary full-year results on Thursday, although it warned of potential curren... Read More
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Funding Circle swings into the black, shares soar
Thursday 05 Sep 2024
(Sharecast News) - Shares in Funding Circle rocketed on Thursday, after the business lender unexpectedly swung into the black and boosted its full-year outlook. Read More
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Jet2 summer seat capacity rises 12.4pc
Thursday 05 Sep 2024
(Sharecast News) - Airline business Jet2 said on Thursday that summer 2024 on-sale seat capacity was 12.4% higher than Summer 2023 at 17.17m, a "slight increase" on the level reported at its prelimina... Read More
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Spectris buys Austria's Piezocryst for €133.5m
Thursday 05 Sep 2024
(Sharecast News) - Spectris said on Thursday that it has bought Austria's Piezocryst from AVL for €133.5m (£112.2m). Read More
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Ashmore reports full-year profit growth despite AuM challenges
Thursday 05 Sep 2024
(Sharecast News) - Emerging markets-focussed asset manager Ashmore Group reported a relatively positive set of final results on Thursday, despite some challenges in assets under management (AuM). Read More
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