News Archive

Drax describes strong first quarter performance

25th Apr 2024 09:06

(Sharecast News) - Drax Group reported strong system support and generation performance in a first-quarter update on Thursday, with its expectations for full-year adjusted EBITDA remaining in line with analysts' consensus estimates.

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Indivior reports first-quarter growth, confirms plans to shift main listing

25th Apr 2024 08:56

(Sharecast News) - Addiction treatment specialist Indivior reported double-digit net revenue growth for the first quarter on Thursday, with total net revenue rising 12% year-on-year to $284m, as it confirmed its intention to shift its primary listing to the United States.

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London open: Mining M&A and earnings give UK markets a boost

25th Apr 2024 08:41

(Sharecast News) - UK stocks were back in uncharted territory on Thursday morning, on track for its third record closing high of the week after some profit taking the previous session.

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AstraZeneca blows past analysts' estimates for Q1

25th Apr 2024 08:38

(Sharecast News) - AstraZeneca posted better-than-expected revenues and profit for the first quarter of 2024 with both the company and analysts highlighting its drug pipeline.

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Weir Group performs as expected in first quarter

25th Apr 2024 08:31

(Sharecast News) - Weir Group said in a trading update on Thursday that order progression in its first quarter matched expectations as it maintained its guidance for the year.

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Europe open: Shares down but BHP $38bn bid for Anglo dominates markets

25th Apr 2024 08:29

(Sharecast News) - European shares fell in early trade on Thursday amid a deluge of earnings, trading updates, disappointing results from US tech giant Meta and BHP's $38bn bid for rival mining giant Anglo-American.

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Inchcape holds guidance as Q1 revenues rise 5%

25th Apr 2024 08:19

(Sharecast News) - Shares in Inchcape surged on Thursday as the car dealer reiterated its annual outlook after a 5% rise in first-quarter revenues.

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React H1 revenues grow, EBITDA surges

25th Apr 2024 08:02

(Sharecast News) - Cleaning firm React Group said on Thursday that revenues and profits had both grown in the six months ended 31 March.

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Schroders first-quarter AuM tick higher

25th Apr 2024 08:02

(Sharecast News) - Schroders reported an uptick in first-quarter assets under management on Thursday.

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Hikma delivers strong Q1, holds on to guidance

25th Apr 2024 08:01

(Sharecast News) - Pharmaceuticals group Hikma said it has made a "strong and encouraging start" to 2024, with all three business segments performing well, as it held on to guidance for the year.

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Travis Perkins Q1 revenues fall 3.7% on weak building sector demand

25th Apr 2024 07:54

(Sharecast News) - Building products supplier Travis Perkins said first quarter revenue fell 3.7% as weak demand in the construction sector continued to impact trading.

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Ibstock Q1 sales fall short amid 'challenging' trading conditions

25th Apr 2024 07:47

(Sharecast News) - Building products manufacturer Ibstock said on Thursday that sales volumes in the first quarter were lower than expected as activity in residential markets remained subdued.

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Persimmon on track after 'encouraging' trading in Q1

25th Apr 2024 07:41

(Sharecast News) - UK housebuilder Persimmon saw a 10% drop in new home completions in the first quarter, but said it experienced an improvement in sales rates and "firm pricing".

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WPP Q1 revenues fall 1.4%; Guidance held

25th Apr 2024 07:41

(Sharecast News) - UK advertising agency WPP on Thursday said revenues fell 1.4% as it lost a healthcare client and spending by technology companies was cut back.

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LSE Group reports solid start to financial year

25th Apr 2024 07:39

(Sharecast News) - London Stock Exchange Group reported a a strong start to the year in a trading update on Thursday, with solid first-quarter performance across its business divisions.

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