News Archive
British American Tobacco H1 group revenues fall, smokeless revenue rises
25th Jul 2024 09:34
(Sharecast News) - Tobacco group British American Tobacco said on Thursday that smokeless revenues had grown in H1 but stated overall revenues had fallen as a result of the divestment of its Russian and Belarusian business and FX headwinds.
Read moreEurope midday: Soft economic data, politics and corporate results weigh on stocks
25th Jul 2024 09:29
(Sharecast News) - Investors appeared to react with disappointment to a wave of corporate earnings in Europe, pushing the Stoxx 600 index down to levels not seen in nearly three months.
Read moreIG Group FY profits fall amid reduced trading activity
25th Jul 2024 09:23
(Sharecast News) - IG Group reported a drop in full-year profits and revenue on Thursday, pointing to reduced trading activity.
Read moreHowden Joinery H1 profits slightly higher amid 'challenging' conditions
25th Jul 2024 08:59
(Sharecast News) - Kitchens and joinery products supplier Howden Joinery Group said on Thursday that interim profits had only slightly risen as it continued to navigate "challenging" UK market conditions.
Read moreEveryman upbeat about upcoming releases as H1 profits rise
25th Jul 2024 08:57
(Sharecast News) - Everyman Media shares bounced back following recent falls on Thursday after the cinema chain pointed to improving conditions in the second half on the back of a strong pipeline of releases.
Read moreIndivior shares rebound on $100m buyback plan
25th Jul 2024 08:47
(Sharecast News) - Indivior's share price surged on Thursday after the pharma group announced plans for $100m share buyback following a strong first-half performance, with second-quarter revenues in line with recent guidance.
Read moreUnilever 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.
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