News Archive
Pennon reports revenue growth amid Brixham water crisis
21st May 2024 10:12
(Sharecast News) - Embattled water utility Pennon Group reported strong financial and operational results for the 2024 financial year on Tuesday, but worked to reassure shareholders and customers amid a contamination crisis in its supply area.
Read moreUK grocery price inflation eases to lowest since October 2021 - Kantar
21st May 2024 09:54
(Sharecast News) - UK grocery price inflation fell for the fifteenth month in a row in the four weeks to 12 May, to 2.4%, its lowest level since October 2021, according to data released on Tuesday by Kantar.
Read moreFresnillo optimistic despite 'challenging environment'
21st May 2024 09:40
(Sharecast News) - Fresnillo reported increased silver production and gold output in line with guidance in an update on Tuesday, despite the nearing end of the Noche Buena mine, although its gross profit took a hit in 2023.
Read moreGreencore shares surge on bright outlook, share buyback
21st May 2024 09:36
(Sharecast News) - Greencore Group's share price surged on Tuesday morning after the convenience food manufacturer reported a huge jump in first-half profits and launched a share buyback programme as it guided to full-year earnings ahead of market forecasts.
Read moreSSP reinstates interim dividend but profits drop
21st May 2024 09:35
(Sharecast News) - Upper Crust and Ritazza owner SSP was under the cosh on Tuesday as it reinstated its interim dividend but posted a drop in first-half profits.
Read moreCranswick FY profits rise as investment bears fruit
21st May 2024 09:20
(Sharecast News) - Food producer Cranswick posted a jump in full-year profit and revenue on Tuesday as its investment programme bears fruit.
Read moreVistry to construct partner-funded scheme in Ealing
21st May 2024 09:07
(Sharecast News) - House-building company Vistry Group has been selected by Sovereign Network to construct and deliver a 100% partner-funded scheme at Merrick Place in Ealing worth £157.0m.
Read moreDowlais FY revenues seen 'slightly below' prior year
21st May 2024 08:50
(Sharecast News) - Engineering group Dowlais warned on Tuesday that full-year revenues were likely to be "slightly below" FY23 as a result of "increased volatility".
Read moreAssura reports rent growth, enters £250m joint venture
21st May 2024 08:40
(Sharecast News) - Specialist healthcare property investor and developer Assura reported a rise in full-year net rental income on Tuesday, along with a strategic £250m joint venture with the Universities Superannuation Scheme (USS).
Read moreLondon open: Stocks fall ahead of more Fed commentary
21st May 2024 08:31
(Sharecast News) - London stocks fell in early trade on Tuesday as investors mulled the latest comments from US Federal Reserve officials and looked ahead to more speeches later in the day.
Read moreXP Power rejects £468m takeover proposal from Advanced Energy
21st May 2024 08:30
(Sharecast News) - Advanced Energy said on Tuesday that it has made three possible all-cash offers for XP Power, the last of which valued the group at £468m.
Read moreCapita YTD adjusted revenues fall
21st May 2024 08:02
(Sharecast News) - Professional services company Capita said on Tuesday that adjusted revenues had fallen in the four months ended 31 April as a result of local public service losses and reduced contract activity in defence and education.
Read moreEurope open: Markets rangebound ahead of a quiet session
21st May 2024 07:45
(Sharecast News) - European stocks inched lower on Tuesday morning as markets continue to trade sideways after hitting record highs last week.
Read moreSmiths Group sees organic growth accelerate in Q3
21st May 2024 07:45
(Sharecast News) - Smiths Group reported an acceleration in sales growth in the third quarter despite tough comparators with last year, as the engineering firm reaffirmed its growth expectations for the full year.
Read moreLondon pre-open: Stocks seen down ahead of Fed speeches, Bailey
21st May 2024 07:36
(Sharecast News) - London stocks were set for a weaker open on Tuesday following a mixed session on Wall Street and ahead of several speeches by Federal Reserve officials.
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