Company News
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Reckitt on track to deliver FY targets as Q1 LFL sales rise
Wednesday 24 Apr 2024
(Sharecast News) - Consumer goods giant Reckitt Benckiser said on Wednesday that it was on track to deliver its full-year revenue and profit targets as it posted a rise in first-quarter like-for-like ... Read More
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Gear4music trades in line, gross margins and profitability improves
Wednesday 24 Apr 2024
(Sharecast News) - Music instruments retailer Gear4music said on Wednesday that its full-year performance was in line with market expectations, having delivered both gross margin and profitability imp... Read More
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Warpaint hails record full-year profits and sales
Wednesday 24 Apr 2024
(Sharecast News) - Warpaint - the owner of the W7 and Technic brands - hailed record full-year sales and profits on Wednesday following "significant" growth in all its geographic regions. Read More
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Heineken sees volumes jump, maintains cautious tone
Wednesday 24 Apr 2024
(Sharecast News) - Heineken posted a rise in quarterly revenues and volumes on Wednesday, despite a "challenging and uncertain" economic outlook. Read More
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Apax Global Alpha to invest €8m in IANS
Wednesday 24 Apr 2024
(Sharecast News) - Investment firm Apax Global Alpha said on Wednesday that it intends to invest roughly €8.0m in order to acquire research and advisory services business IANS. Read More
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Quilter hails rising market sentiment in Q1 as inflows surge
Wednesday 24 Apr 2024
(Sharecast News) - Wealth management firm Quilter saw shares rise on Wednesday after reporting that improving equity markets drove a strong performance in the first quarter. Read More
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Breedon Q1 revenues drop amid macro uncertainty, wet weather
Wednesday 24 Apr 2024
(Sharecast News) - Construction material group Breedon said on Wednesday that trading had been impacted by wet weather conditions throughout the first three months of the year, leading to a fall in qu... Read More
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Passenger numbers soar at Heathrow
Wednesday 24 Apr 2024
(Sharecast News) - Heathrow posted an historic surge in passenger numbers on Wednesday, but warned that current government policies were "curtailing" the UK's competitiveness. Read More
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GSK's endometrial cancer drug receives FDA approval
Wednesday 24 Apr 2024
(Sharecast News) - Drugmaker GSK said on Wednesday that the US Food and Drug Administration has accepted a supplemental Biologics License Application for Jemperli, its drug aimed at treating endometri... Read More
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Mitie slumps as Alchemy sells 40m shares in placing
Wednesday 24 Apr 2024
(Sharecast News) - Mitie shares slumped on Wednesday after investment fund Alchemy sold 40m shares in the outsourcing and energy services company in a placing. Read More
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Abrdn AUM rises 3% in first quarter as flows rebound
Wednesday 24 Apr 2024
(Sharecast News) - Investment manager Abrdn recorded net inflows of £800m in the first quarter of the year, driven by stronger markets. Read More
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Fresnillo retains guidance despite drop in Q1 output
Wednesday 24 Apr 2024
(Sharecast News) - Shares in silver miner Fresnillo dipped on Wednesday after the company reported a drop in both gold and silver output over the first three months of the year. Read More
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PZ Cussons to sell St Tropez tanning brand, evaluate Africa options
Wednesday 24 Apr 2024
(Sharecast News) - PZ Cussons said on Wednesday that it was planning to sell the St Tropez tanning brand and is reviewing its operations in Africa, as it backed its profit outlook for 2024. Read More
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Aviva targets £100m operating profit from health by 2026
Wednesday 24 Apr 2024
(Sharecast News) - UK insurer Aviva said it aimed to deliver £100m of health operating profit by 2026. Read More
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Haleon nabs finance chief from Tate & Lyle as CFO steps down
Wednesday 24 Apr 2024
(Sharecast News) - The chief financial officer of consumer health company Haleon is to step down after three years and will be replaced by Tate & Lyle's CFO Dawn Allen. Read More
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Croda backs FY profit guidance even as Q1 sales decline
Wednesday 24 Apr 2024
(Sharecast News) - Croda backed its full-year profit guidance on Wednesday despite a decline in first-quarter sales, as it hailed an "encouraging" start to the year for the consumer care business. Read More
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Bunzl Q1 revenues fall on weaker US volumes, customer destocking
Wednesday 24 Apr 2024
(Sharecast News) - International distribution and services group Bunzl said revenue in the first quarter fell 2.4% on a constant currency basis, driven by lower volumes in its US foodservice redistrib... Read More
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Wednesday preview: US corporate results, Lloyds in the spotlight
Tuesday 23 Apr 2024
(Sharecast News) - The market spotlight on Wednesday will be firmly on the U.S., as the latest quarterly results from the country's tech heavyweights continue to roll in. Read More
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Tesla announces plans to cut 400 jobs in Germany
Tuesday 23 Apr 2024
(Sharecast News) - Tesla is set to trim around 400 positions at its German gigafactory near Berlin, it emerged on Tuesday, accounting for 3% of the factory's total workforce. Read More
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UPS tops Q1 profit forecasts but misses on revenue
Tuesday 23 Apr 2024
(Sharecast News) - American transport and logistics giant United Parcel Service saw shares rise on Tuesday after quarterly profits beat analysts' forecasts, even though revenues fell more than expecte... Read More
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