Company News
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Uniphar upbeat on strong full-year performance
Tuesday 28 Feb 2023
(Sharecast News) - Healthcare service provider Uniphar reported a strong full-year performance on Tuesday, with EBITDA growth of 13.4%, return on capital employed of 17.3%, and year-end leverage of 1.... Read More
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BAE Systems secures £181m Royal Navy contract
Tuesday 28 Feb 2023
(Sharecast News) - BAE Systems said on Tuesday that it has secured a $219m (£181m) contract to equip the Royal Navy's Type 26 frigates with five Mk 45 Maritime Indirect Fire Systems (MIFS). Read More
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Sainsbury's to close two Argos warehouses; 1,400 jobs at risk
Tuesday 28 Feb 2023
(Sharecast News) - Sainsbury's is planning to close two Argos warehouses in the next three years, putting 1,400 jobs at risk, it emerged on Tuesday. Read More
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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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