Company News
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Frasers in partnership with GMG to expand Sports Direct in Gulf, Egypt
Thursday 27 Feb 2025
(Sharecast News) - Mike Ashley's Frasers Group has announced a strategic retail partnership with global retailer GMG to facilitate its expansion of Sports Direct in the Gulf and Egypt. Read More
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Cairn Homes profits grow in favourable market conditions
Thursday 27 Feb 2025
(Sharecast News) - Ireland-based housebuilder Cairn Homes posted a rise in full-year profit and revenue on Thursday "amid continuing favourable market conditions". Read More
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CVS Group backs Australia as UK softness continues
Thursday 27 Feb 2025
(Sharecast News) - CVS Group reiterated plans to grow its Australian operations on Thursday, as the UK authorities continued to investigate the veterinary market. Read More
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Government minded to green light Gatwick expansion
Thursday 27 Feb 2025
(Sharecast News) - The UK government is poised to approve a second runway at Gatwick, it was confirmed on Thursday, just weeks after the chancellor back a similar expansion at Heathrow. Read More
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Rolls-Royce shares spike on profit upgrade as aerospace lifts profits
Thursday 27 Feb 2025
(Sharecast News) - Shares in Rolls-Royce surged by a fifth on Thursday after the aerospace and defence company lifted mid-term guidance, reinstated a dividend and unveiled a £1bn share buyback as annu... Read More
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Revenue down but profits up at Macfarlane
Thursday 27 Feb 2025
(Sharecast News) - Packaging supplier Macfarlane reported a 4% decline in revenue to £270.4m for 2024 on Thursday, but delivered a 3% increase in pre-tax profit to £20.9m, in line with market expectat... Read More
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Brooks Macdonald FuM expands, revenue and profits narrow
Thursday 27 Feb 2025
(Sharecast News) - Brooks Macdonald reported an improvement in first-half funds under management on Thursday, rising 0.7% to £15.7bn, although revenue and profits were down. Read More
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BBGI declares second dividend, Boswell offer lowered
Thursday 27 Feb 2025
(Sharecast News) - BBGI Global Infrastructure declared a second interim dividend of 4.2p per share on Thursday, for the period from 1 July to 31 December, in line with its target annual dividend of 8.... Read More
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Shaftesbury Capital upbeat on thriving West End
Thursday 27 Feb 2025
(Sharecast News) - Shaftesbury Capital posted a jump in its portfolio valuation on Thursday, despite the weaker macroeconomic backdrop, as its properties in London's West End continued to perform well... Read More
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Ocado shares slump as outlook fails to reassure investors
Thursday 27 Feb 2025
(Sharecast News) - Shares in Ocado slumped on Thursday as an upbeat outlook on cash flow and narrower losses failed to reassure investors. Read More
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Metro Bank returns to profitability in H2
Thursday 27 Feb 2025
(Sharecast News) - Retail and commercial bank Metro Bank said on Thursday that it had returned to profit in H2 as it continued its pivot towards higher margin business. Read More
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RHI Magnesita revenue, earnings slip in FY24
Thursday 27 Feb 2025
(Sharecast News) - Refractory products supplier RHI Magnesita said on Thursday that both revenue and earnings had slipped in FY24 amid "very weak market conditions". Read More
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Pharma veteran Ciaffoni to take CEO reins at Indivior
Thursday 27 Feb 2025
(Sharecast News) - Indivior announced the appointment of Joe Ciaffoni as its next chief executive officer on Thursday, subject to shareholder approval of a new remuneration policy at its annual genera... Read More
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Greencoat UK Wind doubles share buyback after year of strong cash generation
Thursday 27 Feb 2025
(Sharecast News) - Greencoat UK Wind reported strong cash generation and strategic capital allocation in its full-year results on Thursday, despite a decline in net asset value and total shareholder r... Read More
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Howdens says UK kitchen market likely to contract again, shares slide
Thursday 27 Feb 2025
(Sharecast News) - Shares in Howden Joinery tumbled on Thursday as it reported broadly stable full-year profits and revenue in a "challenging" market and said it expects the UK kitchen market to contr... Read More
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Derwent London delivers 'another strong leasing performance'
Thursday 27 Feb 2025
(Sharecast News) - Property investor Derwent London said on Thursday that it had delivered "another strong leasing performance" in FY24, with rental growth driving total returns. Read More
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CRH upbeat after revenues, profits jump
Thursday 27 Feb 2025
(Sharecast News) - Irish building materials group CRH forecast another strong performance in 2025, after it posted a jump in full-year earnings. Read More
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Serco revenues dip in line with guidance, underlying operating profit up 10%
Thursday 27 Feb 2025
(Sharecast News) - Outsourcer Serco posted a dip in full-year revenue on Thursday, in line with its guidance, and a 10% jump in underlying operating profit. Read More
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Wood Group appoints interim CFO
Thursday 27 Feb 2025
(Sharecast News) - Wood Group said it had appointed Iain Torrens as interim chief financial officer, replacing Arvind Balan who resigned last week after inaccurate claims about his professional qualif... Read More
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Man Group AuM grows in FY24 on the back of solid Q4 performance
Thursday 27 Feb 2025
(Sharecast News) - Investment manager Man Group said on Thursday that assets under management had grown in FY24 on the back of a solid Q4 trading performance. Read More
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