Company News
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Metro Bank losses narrow as it announces new finance chief
Thursday 28 Jul 2022
(Sharecast News) - Metro Bank reported growth of 31% in its total underlying revenue in its first half on Thursday, to £236.2m, which it put down to margin expansion and continued momentum in revenue ... Read More
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Babcock returns to profit in H1
Thursday 28 Jul 2022
(Sharecast News) - Aerospace, defence, and nuclear engineering services firm Babcock said it had returned to a first-half operating profit despite "geopolitical volatility" and a "challenging" economi... Read More
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Rathbones Group funds decline, net income rises
Thursday 28 Jul 2022
(Sharecast News) - Rathbones Group reported total funds under management and administration of £58.9bn at the end of its first half on Thursday, down from £59.2bn year-on-year and £68.2bn at the end o... Read More
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Segro raises interim dividend after solid first-half growth
Thursday 28 Jul 2022
(Sharecast News) - Segro reported an adjusted pre-tax profit of £216m in its first half on Thursday, up 29% year-on-year, while adjusted earnings per share advanced 22% to 16.9p, including 1.3p relat... Read More
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Greencoat UK Wind investments generate 2,175-gigawatt hours in H1
Thursday 28 Jul 2022
(Sharecast News) - Renewable infrastructure fund Greencoat UK Wind said on Thursday that its investments had generated 2,175-gigawatt hours of renewable energy in the six months ended 30 June, generat... Read More
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Maturing funds support first-half income for St. James's Place
Thursday 28 Jul 2022
(Sharecast News) - St. James's Place reported gross inflows of £9.1bn in its first half on Thursday, down marginally from £9.2bn year-on-year, as retention of client funds remained "strong" at 96.5%. Read More
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Cost headwinds hit revenue, trading profit at Smith & Nephew
Thursday 28 Jul 2022
(Sharecast News) - Smith & Nephew reported second quarter revenue of $1.29bn on Thursday, up 1.2% on an underlying basis but down 3.1% on a reported basis including a 430 basis point foreign exchange ... Read More
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Weir Group H1 revenues grow amid record aftermarket orders
Thursday 28 Jul 2022
(Sharecast News) - Engineering company Weir Group said on Thursday that revenues had grown in the six months ended 30 June on the back of record aftermarket orders and strong execution. Read More
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Indivior profits fall on higher costs ahead of US listing
Thursday 28 Jul 2022
(Sharecast News) - Pharmaceutical company Indivior reported a fall in interim profits due to rising costs. Read More
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FDM Group H1 underpinned by high demand
Thursday 28 Jul 2022
(Sharecast News) - Recruitment company FDM Group posted a jump in interim profit and revenue on Thursday amid high demand. Read More
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Hammerson H1 revenues surge
Thursday 28 Jul 2022
(Sharecast News) - Property development and investment firm Hammerson said on Thursday that it had continued to make "good strategic, financial and operational progress" in the first half. Read More
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National Express revenues hit ten-year high in H1
Thursday 28 Jul 2022
(Sharecast News) - Public transport operator National Express said on Thursday that revenues and earnings had improved over the six months ended 30 June, driven by continued momentum across the busine... Read More
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DiscoverIE hails further strong sales in Q1
Thursday 28 Jul 2022
(Sharecast News) - DiscoverIE said on Thursday that the strong sales growth reported last financial year continued in the first quarter, with underlying earnings ahead of the board's expectations. Read More
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Diversified Energy to acquire upstream assets and facilities in Oklahoma and Texas
Thursday 28 Jul 2022
(Sharecast News) - Independent energy group Diversified Energy has entered into a sale and purchase agreement to acquire certain upstream assets and related facilities located within its central regio... Read More
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Frasers Group buys I Saw It First
Thursday 28 Jul 2022
(Sharecast News) - Frasers Group on Thursday said it was buying fast fashion firm I Saw It First for an undisclosed sum. Read More
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BAE unveils £1.5bn buyback as profits rise
Thursday 28 Jul 2022
(Sharecast News) - UK defence company BAE Systems on Thursday unveiled a £1.5bn share buyback and higher interim profits. Read More
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CMC Markets operating costs seen 5% higher, shares tumble
Thursday 28 Jul 2022
(Sharecast News) - CMC Markets shares tumbled on Thursday after the online trading platform said operating costs were set to be higher than initially expected. Read More
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Paragon Banking names Robert East as chairman designate
Thursday 28 Jul 2022
(Sharecast News) - Lender Paragon Banking Group named Robert East as its chairman designate on Thursday, succeeding Fiona Clutterbuck on 1 September. Read More
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Airtel Africa revenues up double digits in Q1
Thursday 28 Jul 2022
(Sharecast News) - Telecommunications group Airtel Africa said on Thursday that first-quarter revenues had grown by double digits amid margin and earnings progression and a further strengthening of it... Read More
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Shell Q2 profits surge to $11.47bn
Thursday 28 Jul 2022
(Sharecast News) - Oil and gas giant Shell on Thursday reported a better-than-expected second-quarter profit of $11.5bn driven by soaring energy prices. Read More
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