Company News
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Revenue, earnings rise in Benchmark full-year numbers
Wednesday 30 Nov 2022
(Sharecast News) - Aquaculture biotechnology specialist Benchmark reported a 27% improvement in revenue in its full-year results on Wednesday, to £158.3m. Read More
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Strix warns of China troubles as it completes Billi acquisition
Wednesday 30 Nov 2022
(Sharecast News) - Kettle safety and water technology company Strix has completed the acquisition of Billi Australia, Billi New Zealand and Billi UK, it announced on Wednesday, as it also warned of tr... Read More
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Impax hikes dividend after year of growth
Wednesday 30 Nov 2022
(Sharecast News) - Specialist investor Impax Asset Management reported a 22.6% improvement in full-year revenue on Wednesday, to £175.4m. Read More
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Ofgem calls for more investment in local grids, freezes bills
Wednesday 30 Nov 2022
(Sharecast News) - Ofgem said on Wednesday that the UK's electricity distribution companies must continue to invest in local energy networks without increasing household bills. Read More
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Zambeef FY EPS seen sharply lower, PBT impacted by £6.9m impairment loss
Wednesday 30 Nov 2022
(Sharecast News) - Beef producer Zambeef said on Wednesday that earnings per share for the year ended 30 September were expected to be 83% lower year-on-year, while pre-tax profits were said to be hit... Read More
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Mulberry swings to a half-year loss
Wednesday 30 Nov 2022
(Sharecast News) - Luxury handbag maker Mulberry said on Wednesday that it swung to a half-year loss as UK retail sales took a hit. Read More
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H&M to axe 1,500 jobs as it looks to cut costs
Wednesday 30 Nov 2022
(Sharecast News) - Swedish fashion retailer Hennes & Mauritz said on Wednesday that it will axe 1,500 jobs as it looks to cut costs and boost efficiency. Read More
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Alumasc secures several new Asian contracts
Wednesday 30 Nov 2022
(Sharecast News) - Sustainable building products group Alumasc has been awarded a number of new contracts in Asia, with a total sales value worth more than £7.3m. Read More
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Joules administrator nears rescue deal with Phase Eight owner - report
Wednesday 30 Nov 2022
(Sharecast News) - The administrator to collapsed fashion retailer Joules is reportedly on the brink of a rescue deal with the South African owner of Phase Eight. Read More
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AstraZeneca sells US manufacturing site
Wednesday 30 Nov 2022
(Sharecast News) - AstraZeneca has agreed to sell a US manufacturing site to National Resilience. Read More
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Petra mulling next steps after assessing tailings dam breach
Wednesday 30 Nov 2022
(Sharecast News) - Petra Diamonds updated the market on the 7 November tailings storage facility wall breach at the Williamson mine in Tanzania on Wednesday, reporting that its assessment team found t... Read More
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Loungers H1 profits slip despite 'sustained market out-performance'
Wednesday 30 Nov 2022
(Sharecast News) - Bar and restaurant operator Loungers said on Wednesday that it had delivered a "sustained market out-performance" in the six months ended 2 October despite seeing interim profits de... Read More
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IG Design hikes expectations after strong first-half
Wednesday 30 Nov 2022
(Sharecast News) - Craft, stationery and giftware company IG Design reported an 8% rise in interim group revenue on Wednesday, to $521.2m, with both of its divisions - DG Americas and DG International... Read More
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Marks & Spencer to acquire fashion marketplace operator Threads
Wednesday 30 Nov 2022
(Sharecast News) - Retailer Marks & Spencer has acquired the intellectual property of fashion marketplace Thread, which recently went into administration, as part of an effort to drive revenue growth ... Read More
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Rio Tinto sees 2023 iron ore shipments in same range as current yr
Wednesday 30 Nov 2022
(Sharecast News) - Rio Tinto said iron ore shipments next year would be in the same range as current-year guidance, but warned of rising costs. Read More
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Interim profits tumble at Pennon as costs mount
Wednesday 30 Nov 2022
(Sharecast News) - Utility Pennon Group said on Wednesday that half-year profits tumbled after it was hit by higher costs. Read More
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China factory activity shrinks more than expected amid Covid curbs
Wednesday 30 Nov 2022
(Sharecast News) - China's manufacturing activity shrank faster than expected in November as Covid restrictions took their toll, according to data released on Wednesday by the National Bureau of Stati... Read More
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Future FY up but sees 'modest' profit growth in 2023
Wednesday 30 Nov 2022
(Sharecast News) - Specialist media publisher Future reported a rise in full-year profits, driven by strong revenue growth and contributions from acquisitions. Read More
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Elementis to sell chromium business for $170m
Wednesday 30 Nov 2022
(Sharecast News) - Specialty chemicals company Elementis said on Wednesday that it had agreed to sell its chromium business to Dutch-Turkish industrial firm Yildirim Group for $170m. Read More
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Service sector optimism wanes as costs mount
Wednesday 30 Nov 2022
(Sharecast News) - Business optimism across the UK service sector continued to slide over the last three months, an industry survey showed on Wednesday. Read More
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