Company News
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Sales sparkle at Richemont, shares soar
Thursday 16 Jan 2025
(Sharecast News) - Shares in Richemont soared on Thursday, after third-quarter sales at the luxury goods giant smashed expectations. Read More
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Savills delivers 'improved performance' in FY24
Thursday 16 Jan 2025
(Sharecast News) - Real estate firm Savills said on Thursday that it had delivered an "improved performance" in FY24, in line with internal expectations and "substantially ahead" of the previous year. Read More
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Petershill Partners sells most of its General Catalyst stake
Thursday 16 Jan 2025
(Sharecast News) - Petershill Partners announced on Thursday that it has completed the sale of the majority of its stake in General Catalyst for a nominal consideration of $726m, representing a 62% pr... Read More
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Morgan Advanced Materials announces CEO succession
Thursday 16 Jan 2025
(Sharecast News) - Morgan Advanced Materials announced on Thursday that its chief executive officer Pete Raby would retire after a decade in the role, stepping down from the position and the board on ... Read More
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Bakkavor delivers strong revenue growth in FY24
Thursday 16 Jan 2025
(Sharecast News) - Food manufacturer Bakkavor said on Thursday that it had delivered strong revenue growth in the year ended 28 December, with profit ahead of market expectations and a strengthened ba... Read More
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Carr's Group to sell engineering division to Cadre for £75m
Thursday 16 Jan 2025
(Sharecast News) - Carr's Group said on Thursday that it has agreed to sell its engineering division to US-based Cadre for £75m and plans to return up to £70m of the proceeds to shareholders. Read More
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Copper production misses forecasts at Antofagasta
Thursday 16 Jan 2025
(Sharecast News) - Chilean miner Antofagasta reiterated its 2025 outlook on Thursday, despite copper production narrowly missing forecasts. Read More
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Ibstock FY revenues fall despite 'resilient' performance
Thursday 16 Jan 2025
(Sharecast News) - Brickmaker Ibstock said on Thursday that it had delivered a "resilient performance" in 2024 despite it being a "challenging year" for UK construction markets. Read More
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Whitbread UK sales rise slightly; Holds FY guidance
Thursday 16 Jan 2025
(Sharecast News) - Premier Inn owner Whitbread held full year guidance and said UK accommodation sales in the Christmas/New Year period were up 2%, while hotels in Germany also performed strongly. Read More
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DiscoverIE to buy Germany's Burster for up to €43m
Thursday 16 Jan 2025
(Sharecast News) - DiscoverIE Group said on Thursday that it has agreed to buy Burster, a German designer and manufacturer of specialist sensors, for up to €43m (£36.3m). Read More
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Deliveroo delivers 'robust' Q4 performance, FY trading in line with guidance
Thursday 16 Jan 2025
(Sharecast News) - Online food delivery service Deliveroo said on Thursday that it had delivered a "robust" Q4 trading performance, with both gross transaction values and profitability growing in line... Read More
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Pearson reports full-year sales growth, reorganises some divisions
Thursday 16 Jan 2025
(Sharecast News) - Pearson reported underlying sales growth of 3% for 2024 in an update on Thursday, excluding its online programme management (OPM) and strategic review businesses, alongside a 10% ri... Read More
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Housing market ends 2024 on front foot as prices jump
Thursday 16 Jan 2025
(Sharecast News) - The UK housing market ended 2024 on a strong note, industry data showed on Thursday, with prices rising across the country. Read More
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Safestore FY underlying EBITDA falls
Thursday 16 Jan 2025
(Sharecast News) - Self-storage provider Safestore said on Thursday that underlying earnings had fallen in the 12 months ended 31 October on the back of a modest reduction in revenues. Read More
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Cab Payments axing 20% of staff to cut costs
Thursday 16 Jan 2025
(Sharecast News) - Money transfer company CAB Payments is axing a fifth of its staff to save cash and looking to automate more of its business through the use of artificial intelligence as a stronger ... Read More
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Hays appoints Michael Findlay as chair
Thursday 16 Jan 2025
(Sharecast News) - Recruitment firm Hays said had appointed Michael Findlay as a non-executive director and chair-designate, succeeding Andrew Martin who is retiring on May 1. Read More
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IG Group snaps up trading app Freetrade for £160m
Thursday 16 Jan 2025
(Sharecast News) - IG Group said it was buying online trading platform Freetrade for £160m as it looked to expand its UK investment offering. Read More
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Taylor Wimpey backs FY profit expectations but warns over rising build costs
Thursday 16 Jan 2025
(Sharecast News) - Taylor Wimpey backed its profit expectations for the full year on Thursday but sounded a note of caution as it pointed to increased build costs in 2025. Read More
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Rio Tinto Q4 iron ore shipments fall, but sees more stable China
Thursday 16 Jan 2025
(Sharecast News) - Mining giant Rio Tinto reported a fall in iron ore shipments in the fourth quarter but noted that the Chinese property market was stabilising. Read More
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Director dealings: Seeing Machines director makes share purchase
Wednesday 15 Jan 2025
(Sharecast News) - Seeing Machines revealed on Wednesday that non-executive director Stephane Vedie had acquired 1.17m ordinary shares in the AIM-listed firm. Read More
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