News Archive

Xaar CFO Ian Tichias resigns

20th Nov 2024 09:15

(Sharecast News) - Inkjet printing technology group Xaar said on Wednesday that chief financial officer Ian Tichias has resigned "to pursue other opportunities".

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CVS Group sales, earnings rise in new financial year

20th Nov 2024 09:10

(Sharecast News) - Veterinary service provider CVS Group reported a 7.6% year-on-year increase in group sales for the four months ended 31 October in an update on Wednesday.

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Redcentric confident for the full year

20th Nov 2024 09:05

(Sharecast News) - Redcentric said it remained on track to make "considerable progress" this year, including a jump in annual earnings, despite a slowing order intake.

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Molten Ventures portfolio value slips in first half

20th Nov 2024 09:05

(Sharecast News) - Venture capital firm Molten Ventures reported a steady first-half performance on Wednesday, with a gross portfolio value of £1.34bn, down slightly from £1.38bn at the end of March.

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Rotork order intake up 8pc

20th Nov 2024 09:02

(Sharecast News) - Industrial flow control equipment manufacturer Rotork said on Wednesday that order levels in the four months ended 27 October had been higher than at the same time a year earlier.

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EnQuest to miss production targets after unplanned outage in North Sea

20th Nov 2024 09:00

(Sharecast News) - UK and Malaysia-focused energy group EnQuest has trimmed its production outlook for the full year after an unplanned outage at the Ninian Central Platform in the North Sea.

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Genus reports encouraging start to financial year

20th Nov 2024 08:57

(Sharecast News) - Animal genetics specialist Genus reported an encouraging start to its 2025 financial year on Wednesday, with trading in line with market expectations despite an anticipated currency headwind of £8m to £9m.

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Hornby revenue rises, pre-tax losses widen

20th Nov 2024 08:53

(Sharecast News) - Shares in model and hobby specialist Hornby were sliding on Wednesday morning, after it reported an increase in revenue but a wider pre-tax loss.

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London open: Stocks edge up as inflation jumps past BoE target

20th Nov 2024 08:42

(Sharecast News) - London stocks edged higher in early trade on Wednesday as higher-than-expected UK inflation fuelled expectations the Bank of England will refrain from cutting rates next month.

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Helios Towers slumps as ATP offloads 50.6m shares in placing

20th Nov 2024 08:17

(Sharecast News) - Helios Towers fell on Wednesday after investor Arbejdsmarkedets Tillægspension (ATP) - Denmark's largest lifelong pension plan - sold around 50.6m shares in the company in a placing for approximately £48m.

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HICL Infrastructure returns to positive returns in first half

20th Nov 2024 08:10

(Sharecast News) - HICL Infrastructure reported a solid financial turnaround in its first half on Wednesday, with income rising sharply to £71.7m for the six months ended 30 September, compared to £10.9m in the same period last year, although its net asset value per share declined.

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Britvic full-year profits, revenue rise amid strong consumer demand

20th Nov 2024 08:03

(Sharecast News) - Drinks maker Britvic - which is in the process of being taken over by Carlsberg - hailed "another outstanding performance" on Wednesday as it pointed to strong consumer demand.

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Hill and Smith revenues grow, operating margins improve

20th Nov 2024 08:02

(Sharecast News) - Construction products manufacturer Hill & Smith said on Wednesday that trading in the four months ended 31 October had been "positive".

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Europe open: Shares shrug off UK inflation, geopolitical tensions

20th Nov 2024 08:00

(Sharecast News) - European shares made a strong start on Wednesday despite an unexpected spike in UK inflation and continuing geopolitical tensions.

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Coats holds guidance on strong sales. targets 18% operating margin

20th Nov 2024 07:59

(Sharecast News) - Industrial thread maker Coats said it expected full-year results to be in line with expectations and forecast an operating margin of around 18%, driven by strong sales growth.

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