Company News
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Ukraine invasion blamed for Strix first-half performance
Wednesday 21 Sep 2022
(Sharecast News) - Strix Group reported revenue of £50.7m for its first half on Wednesday, down 7.3% year-on-year but up 15.5% compared to the pre-Covid comparator in 2019. Read More
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LBG Media revenue rises as earnings disappoint
Wednesday 21 Sep 2022
(Sharecast News) - Youth-focussed digital publisher LBG Media reported first-half revenue of £24.8m on Wednesday, up 8% from a "strong" prior year comparator, where revenue grew 133%, although its ear... Read More
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Frontier Developments reports record revenue, earnings in line
Wednesday 21 Sep 2022
(Sharecast News) - Video games developer and publisher Frontier Developments reported record revenue of £114m in its full-year results on Wednesday, making for annual growth of 26%. Read More
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AB Dynamics trading well, acquires Ansible Motion
Wednesday 21 Sep 2022
(Sharecast News) - AB Dynamics announced the £19.2m acquisition of Ansible Motion on Wednesday, as it reported a "strong" trading performance in its second half. Read More
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WPP buys communications agency JeffreyGroup
Wednesday 21 Sep 2022
(Sharecast News) - Advertising giant WPP said on Wednesday that it has bought JeffreyGroup, an independent corporate communications, public affairs, and marketing consulting firm in Latin America, for... Read More
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Games Workshop shares slump as profits fall
Wednesday 21 Sep 2022
(Sharecast News) - Games Workshop Group shares slumped as the company reported a year-on-year fall in pre-tax profit for the three months to August 28, in line with expectations, as it also increased ... Read More
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Warpaint posts record H1 revenues, lifts dividend
Wednesday 21 Sep 2022
(Sharecast News) - Cosmetics company Warpaint lifted its interim dividend on Wednesday as it hailed record first-half sales. Read More
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Outlook weakens for UK manufacturers - CBI
Wednesday 21 Sep 2022
(Sharecast News) - Manufacturers are braced for a tough winter, a closely-watched industry survey showed on Wednesday, after output softened. Read More
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M&S announces second pay rise this year amid surging inflation
Wednesday 21 Sep 2022
(Sharecast News) - Marks & Spencer said on Wednesday that it will give store staff their second pay rise this year to help ease the cost-of-living crisis. Read More
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S4 Capital shares jump despite wider first-half losses
Wednesday 21 Sep 2022
(Sharecast News) - Media company S4 Capital reported a 39.8% rise in billings in its first-half results on Wednesday, to £765.6m, and a 59.8% improvement in revenue to £446.4m, although losses widened... Read More
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Link facing £50m fine in Woodford probe
Wednesday 21 Sep 2022
(Sharecast News) - Link Fund Solutions is facing a £50m fine for its role in the collapse of the Woodford Equity Income Fund, the UK's financial watchdog confirmed on Wednesday. Read More
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Pendragon first-half profits, revenue grow
Wednesday 21 Sep 2022
(Sharecast News) - Car dealership Pendragon reported a rise in first-half pre-tax profit and revenues on Wednesday as it hailed an encouraging start to the year. Read More
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Germany to nationalise gas importer Uniper
Wednesday 21 Sep 2022
(Sharecast News) - Germany is to nationalise struggling gas importer Uniper as it looks to shore up supply over the winter, it was announced on Wednesday. Read More
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Sainsbury's agrees price for Highbury and Dragon investment vehicles
Wednesday 21 Sep 2022
(Sharecast News) - Sainsbury's said on Wednesday that it is in talks with LXi REIT to sell 18 supermarket stores for around £500m on a sale and leaseback basis and that if the deal goes through, it wi... Read More
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Business energy bills to be capped during winter months
Wednesday 21 Sep 2022
(Sharecast News) - Business energy bills are to be discounted for six months, the government confirmed on Wednesday, in response to surging wholesale energy prices. Read More
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Ten Entertainment H1 sales surge
Wednesday 21 Sep 2022
(Sharecast News) - Ten-pin bowling centre operator Ten Entertainment Group said on Wednesday that sales had surged in the six months ended 26 June, beating both prior year comparators and 2019's pre-C... Read More
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French billionaire Xavier Niel snaps up 2.5% stake in Vodafone
Wednesday 21 Sep 2022
(Sharecast News) - Atlas Investissement, an investment vehicle of French billionaire businessman Xavier Niel, has snapped up a 2.5% stake in Vodafone. Read More
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Petershill Partners H1 partner distributable earnings rise
Wednesday 21 Sep 2022
(Sharecast News) - Private equity firm Petershill Partners said on Wednesday that interim partner distributable earnings had risen as the group delivered on its plan despite an "uncertain" economic ba... Read More
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Truss to announce stamp duty cut - report
Wednesday 21 Sep 2022
(Sharecast News) - UK housebuilders rallied on Wednesday following a report that Friday's mini-budget could include a plan to cut stamp duty. Read More
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City Pub calls for more work visas as trading improves
Wednesday 21 Sep 2022
(Sharecast News) - City Pub Group has called on the government to issue more work visas to foreign nationals to alleviate labour shortages as it said trading had returned to pre-covid levels "albeit w... Read More
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