Company News
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Friday preview: US, euro area inflation data in focus
Friday 28 Feb 2025
(Sharecast News) - The market spotlight at the end of the week will be on the inflation picture on either side of the Atlantic. Read More
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Rightmove lifts dividend, upbeat on outlook
Friday 28 Feb 2025
(Sharecast News) - Property portal Rightmove reported a rise in full-year revenue and operating profit on Friday and lifted its dividend as it said housing market activity gradually improved throughou... Read More
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Montefiore sells bigger-than-planned stake in Me Group
Friday 28 Feb 2025
(Sharecast News) - Montefiore Investment has sold 26.5 million shares in Me Group International, it was confirmed on Friday, representing 7% of the company's issued share capital, through an accelerat... Read More
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Spectris revenue, profits decline amid weaker end-market demand
Friday 28 Feb 2025
(Sharecast News) - Spectris reported a decline in full-year revenue and operating profit for 2024 on Friday, as weaker demand across multiple end markets weighed on performance. Read More
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Primary Health Properties rental income, adjusted earnings grow in FY24
Friday 28 Feb 2025
(Sharecast News) - Real estate investment trust Primary Health Properties said on Friday that net rental income and adjusted earnings had both grown in FY24. Read More
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Morgan Advanced Materials cites weak demand for revenue decline
Friday 28 Feb 2025
(Sharecast News) - Shares in Morgan Advanced Materials were in a serious slide on Friday morning, after it reported a modest decline in revenue for 2024, with organic growth offset by weaker demand in... Read More
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Saga secures new credit facilities, refinances corporate debt in full
Friday 28 Feb 2025
(Sharecast News) - Holiday and insurance group Saga said on Friday that it had successfully secured new credit facilities to refinance its corporate debt in full. Read More
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IMI delivers record profits in FY24
Friday 28 Feb 2025
(Sharecast News) - Engineering firm IMI delivered record profits in FY24, thanks to "good organic growth" and "strong cash generation". Read More
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Weir reports resilient results, agrees to acquire Micromine
Friday 28 Feb 2025
(Sharecast News) - Weir Group reported a resilient 2024 in its final results on Friday, with strong aftermarket demand and improving margins, as it announced the strategic acquisition of mining softwa... Read More
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Abrdn appoints Coutts & Co's Siobhan Boylan as CFO
Friday 28 Feb 2025
(Sharecast News) - Asset manager Abrdn said on Friday that it has appointed Siobhan Boylan - the current chief financial officer of NatWest's private banking arm Coutts & Co - as its new CFO. Read More
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Director dealings: Petra Diamonds chairman raises stake
Thursday 27 Feb 2025
(Sharecast News) - Petra Diamonds revealed on Thursday that non-executive chairman José Manuel Vargas had acquired 343,139 ordinary shares in the London-listed miner. Read More
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Genus's bottom line hit by write-downs
Thursday 27 Feb 2025
(Sharecast News) - Genus reported a big drop in full-year profits as a result of write-downs. Read More
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Rockfire completes final payment for Hellenic Minerals acquistion
Thursday 27 Feb 2025
(Sharecast News) - Rockfire Resources announced on Thursday that it has completed the final payment for its acquisition of Hellenic Minerals, which holds the 30-year licence for the high-grade Molaoi ... Read More
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Ukraine court re-suspends Enwell's VAS licence
Thursday 27 Feb 2025
(Sharecast News) - Enwell Energy announced the reinstatement of the suspension of its Vasyschevskoye (VAS) production licence in Ukraine on Thursday, following a ruling by the Second Appeal Administra... Read More
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Landsec to reduce exposure to office assets, pivot to residential
Thursday 27 Feb 2025
(Sharecast News) - Land Securities reaffirmed its strategic focus on income and earnings per share growth in an update on Thursday afternoon, outlining plans to rebalance its portfolio towards higher-... Read More
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Amaroq reports encouraging exploration results from Nalunaq
Thursday 27 Feb 2025
(Sharecast News) - Amaroq Minerals reported encouraging exploration results from its 2024 drilling campaign at the Nalunaq gold project in southern Greenland on Thursday, reinforcing the high-grade po... Read More
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Serica gets two-year extension to waivers on US sanctions at Rhum
Thursday 27 Feb 2025
(Sharecast News) - Serica Energy announced on Thursday that it has secured a two-year renewal of its US Office of Foreign Assets Control (OFAC) licence and secondary sanctions assurance for the Rhum g... Read More
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hVIVO acquires biological material storage specialist Cryostore
Thursday 27 Feb 2025
(Sharecast News) - hVIVO announced the acquisition of Cryostore, a specialist provider of temperature-controlled storage solutions for biological and clinical materials, for up to £3.2m on Thursday. Read More
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Drax profits up on renewables, but warns govt on investment spend
Thursday 27 Feb 2025
(Sharecast News) - UK energy provider Drax on Thursday posted an increase in annual profit driven by an increase in renewable power generation, but said it would lower investment on infrastructure suc... Read More
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Warner Bros Discovery forecasts surge in subscriber numbers
Thursday 27 Feb 2025
(Sharecast News) - US media giant Warner Bros Discovery posted below-forecast quarterly earnings on Thursday, but remained bullish about growth after subscriber numbers surprised on the upside. Read More
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