News Archive
Unilever H1 underlying earnings grow
25th Jul 2024 08:44
(Sharecast News) - Consumer goods company Unilever said on Thursday that underlying earnings had grown in the six months ended 30 June as the group remained focussed on driving high-quality sales growth and gross margin expansion.
Read moreLondon open: Stocks fall after US selloff, amid earnings deluge
25th Jul 2024 08:42
(Sharecast News) - London stocks fell in early trade on Thursday, taking their cue from a downbeat session on Wall Street, where tech names came under pressure.
Read moreRevolut gets UK banking licence
25th Jul 2024 08:30
(Sharecast News) - London-based fintech Revolut said on Thursday that it has received a UK banking licence from the Prudential Regulation Authority (PRA).
Read moreRelx reports robust first-half growth
25th Jul 2024 08:24
(Sharecast News) - Business information specialist Relx reported a robust set of first-half results on Thursday, underscoring strong underlying growth and reaffirming its positive full-year outlook.
Read moreEurope open: Stoxx 600 at 11-week low as blue chip earnings disappoint
25th Jul 2024 08:16
(Sharecast News) - A wave of disappointing corporate earnings weighed heavily on European markets on Thursday, pushing the Stoxx 600 index down to levels not seen in nearly three months.
Read moreITV first-half profit rises even as revenues dip
25th Jul 2024 08:13
(Sharecast News) - Broadcaster ITV posted a jump in first-half profits on Thursday even as revenue dipped, boosted by the Euros and Love Island.
Read moreCentamin free cash flow doubles in 1H, triples in Q2
25th Jul 2024 08:09
(Sharecast News) - Egypt-focused Centamin saw its free cash flow double during the first half of the year as prices for the yellow metal continued moving higher.
Read moreRentokil Initial lowers FY profit guidance, shares head south
25th Jul 2024 07:59
(Sharecast News) - Pest-control business Rentokil Initial shares headed south early on Thursday after the group pointed to issued lower full-year profit guidance as a result of a heightened level of investment in H2.
Read moreAirtel Africa grows customer base but FX dampens Q1 results
25th Jul 2024 07:44
(Sharecast News) - India-owned, Africa-focused telecoms group Airtel Africa saw first-quarter revenues rise by almost a fifth at constant currencies, but reported sales dropped sharply due to the ongoing currency devaluation in Nigeria.
Read moreCentrica profits drop in 'normalising' market conditions
25th Jul 2024 07:41
(Sharecast News) - British Gas owner Centrica said on Thursday that it was extending its share buyback programme as it posted a drop in first-half profits in what it called a more "normalised" external environment.
Read moreLondon pre-open: Stocks to fall after Wall St losses
25th Jul 2024 07:31
(Sharecast News) - London stocks were set to fall at the open on Thursday following losses on Wall Street, where tech names came under pressure.
Read moreVodafone grows Q1 revenues despite slowdown in Europe
25th Jul 2024 07:23
(Sharecast News) - Telecoms giant Vodafone has reiterated its full-year guidance after an in-line first-quarter performance, as strong revenue increases in Africa and Turkey made up for slowing growth in Europe and falling sales in Germany.
Read moreAstraZeneca hikes full-year guidance after strong first half
25th Jul 2024 07:19
(Sharecast News) - AstraZeneca revised its full-year 2024 guidance upwards on Thursday, anticipating mid-teens percentage growth in both total revenue and core earnings per share at constant exchange rates.
Read moreLloyds Banking first-half profits decline
25th Jul 2024 07:14
(Sharecast News) - Lloyds Banking Group reported a drop in first-half profit on Thursday as costs rose.
Read moreThursday newspaper round-up: Thames Water, mortgage costs, UK car production
25th Jul 2024 07:13
(Sharecast News) - Thames Water has breached its licence to supply water to nearly 16 million people after some of its debt was downgraded to junk status. The regulator Ofwat could now fine Thames, the country's largest water monopoly, up to 10% of its annual turnover, equating to hundreds of millions of pounds. However, since the company is already teetering close to temporary renationalisation, Ofwat is likely to hold off on any immediate large fines. - Guardian
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