News Archive

DSW Capital FY adjusted pre-tax profits fall

15th May 2024 09:49

(Sharecast News) - Professional services business DSW Capital said on Wednesday that adjusted pre-tax profits had contracted in the year ended 31 March but said network revenues and total income from licensees were expected to be in line with current expectations.

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IEA cuts forecasts for oil demand in 2024

15th May 2024 09:37

(Sharecast News) - The International Energy Agency (IEA) has slashed its oil demand forecast for 2024 as a result of poor industrial activity and mild winter temperatures, which have sapped gasoil consumption so far this year.

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TP Icap Q1 revenues down against strong comparator

15th May 2024 09:24

(Sharecast News) - Financial services firm TP ICAP said on Wednesday that revenues were down year-on-year in the three months ended 31 March against a strong Q123 performance.

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Full-year revenues motor ahead at Vertu

15th May 2024 09:11

(Sharecast News) - Vertu Motors reported record revenues on Wednesday, despite difficult market conditions and falling used car prices.

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Gross premiums rise in strong quarter for Conduit

15th May 2024 08:43

(Sharecast News) - Conduit Holdings reported a 28.3% increase in gross premiums written in its first quarter on Wednesday, reaching $356.8m for the three months ended 31 March.

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Senior's long-serving finance director to retire

15th May 2024 08:35

(Sharecast News) - Senior, the FTSE 250-listed engineering and manufacturing group, has announced that its finance director of seven years is to retire.

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Europe open: Stoxx hits new high on earnings as investors eye US CPI

15th May 2024 08:17

(Sharecast News) - European shares rallied to a fresh record high at the open on Wednesday as investors digested another raft of corporate earnings and looked ahead to a widely anticipated US inflation release.

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Hunting sees FY at top end after $145m Kuwait deal boosts order book

15th May 2024 08:14

(Sharecast News) - Global engineer Hunting said full-year earnings would be at the upper end of expectations after winning a $145m order with the Kuwait Oil Company.

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Vesuvius confident for full-year despite 'difficult' market conditions

15th May 2024 08:13

(Sharecast News) - Engineering firm Vesuvius reiterated its full-year guidance on Wednesday, despite seeing "subdued" steel markets throughout the first quarter.

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Redde Northgate FY24 trading finishes 'positively'

15th May 2024 08:13

(Sharecast News) - Vehicle rental and repair services business Redde Northgate said on Wednesday that it had finished FY24 "positively", continuing the trends seen in the first half, with vehicle supply continuing to improve.

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London open: Stocks gain ahead of US inflation; Experian surges

15th May 2024 08:04

(Sharecast News) - London stocks rose in early trade on Wednesday, helped along by the likes of Experian and Imperial Brands, as investors eyed the latest US inflation reading.

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Consortium of investors sells £1.6bn stake in LSEG

15th May 2024 07:53

(Sharecast News) - A consortium of investors has sold about £1.6bn worth of shares in London Stock Exchange Group.

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Experian shares surge on sales growth guidance

15th May 2024 07:48

(Sharecast News) - Shares in credit-checking and data giant Experian surged on Wednesday after the company delivered annual results at the top end of expectations and guided to an acceleration in top-line growth for the coming year.

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Keller sees FY 'materially ahead' of expectations as 2024 starts strongly

15th May 2024 07:46

(Sharecast News) - Shares in Keller surged by 20% after the geotechnical engineer said its annual earnings would be "materially ahead" of expectations after a strong performance in the first four months of the year.

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Britvic announces third £75m share buyback as interim profits rise

15th May 2024 07:40

(Sharecast News) - Drinks company Britvic posted a jump in interim profit and revenue on Wednesday and announced a £75m share buyback, as it highlighted "strong" customer demand for its brands.

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