News Archive
Strix passes three billion kettle control milestone
15th Oct 2024 10:50
(Sharecast News) - Kettle safety and water technology specialist Strix Group announced a significant milestone on Tuesday, having produced over three billion kettle controls worldwide.
Read moreHostelworld reaffirms full-year guidance
15th Oct 2024 10:37
(Sharecast News) - Hostelworld Group reaffirmed its full-year adjusted EBITDA guidance in an update on Tuesday, in line with market expectations, following a solid performance through the year-to-date up to 30 September.
Read moreAudioboom Q3 revenues hit record levels, hikes FY adjusted EBITDA guidance
15th Oct 2024 10:10
(Sharecast News) - Podcast company Audioboom said on Tuesday that revenues had surged to record levels in Q3, leading the group to hike FY adjusted underlying earnings guidance.
Read moreEnSilica secures new ASIC design and supply contract
15th Oct 2024 09:30
(Sharecast News) - Chipmaker EnSilica said on Tuesday that it has been awarded a design and supply contract for a mixed signal controller ASIC to be used in automotive and industrial motorised actuators.
Read moreAsia report: China stocks sink on mixed day for region
15th Oct 2024 09:20
(Sharecast News) - Asian markets had a mixed performance on Tuesday, with China underperforming the broader region following disappointing trade data.
Read moreSeraphim Space upbeat after solid year for SpaceTech
15th Oct 2024 09:20
(Sharecast News) - Seraphim Space Investment Trust, the world's first listed SpaceTech investment company, reported an increase in its portfolio value to £201.5m in its full-year results on Tuesday, up £14.1m year-on-year.
Read moreBerenberg lowers target price on National Grid
15th Oct 2024 09:16
(Sharecast News) - Analysts at Berenberg lowered their target price on utilities giant National Grid from 1,150.0p to 1,070.0p on Tuesday, stating the group would now be forced to deliver "a balancing act".
Read moreQuartix Technologies confident of meeting FY expectations
15th Oct 2024 09:14
(Sharecast News) - Vehicle tracking systems and software business Quartix Technologies said on Tuesday that it was confident of meeting FY expectations for both profit and free cashflow as annualised recurring revenues delivered YTD growth.
Read moreGerman economic sentiment rebounds, but current situation still dire
15th Oct 2024 09:04
(Sharecast News) - Economists, analysts and finance professionals turned more positive about the outlook for the Germany economy this month, according to the closely watched ZEW Indicator of Economic Sentiment on Tuesday.
Read moreMirror owner Reach on track to meet full-year targets
15th Oct 2024 09:04
(Sharecast News) - Shares in Daily Mirror and Daily Express owner Reach rose on Tuesday after the newspaper publisher said it would met market expectations this year as the decline in top-line growth eased slightly in the third quarter, bolstered by improvement in online revenues.
Read moreDe La Rue agrees £300m sale of authentication division
15th Oct 2024 09:01
(Sharecast News) - De La Rue announced on Tuesday that it had agreed to sell its authentication division to Crane NXT for £300m, as part of a strategic move to unlock capital and strengthen its financial position.
Read moreRevenue falls, gross profits rise for Bytes Technology
15th Oct 2024 08:53
(Sharecast News) - Bytes Technology Group shares were in the red on Tuesday morning, after it reported a 2.9% drop in revenue to £105.5m, but a 13.7% increase in gross invoiced income (GII), reaching £1.23bn.
Read moreEurope midday: Oil and mining stocks track commodity prices lower
15th Oct 2024 08:52
(Sharecast News) - European markets were mostly lower on Tuesday morning as investors digested key economic indicators from the UK and Germany, while energy and mining stocks were dragged down by falling commodity prices.
Read moreMitie sales growth picks up in second quarter
15th Oct 2024 08:51
(Sharecast News) - Mitie, the FTSE 250-listed facilities management and professional services company, reported an acceleration in top-line growth in the second quarter, helped by new contract wins and increased work in the 'surge response' security market.
Read moreDiscoverIE interim earnings in line with expectations
15th Oct 2024 08:42
(Sharecast News) - Electronic components manufacturer DiscoverIE said on Tuesday that first-half earnings were in line with internal expectations and noted that it "remains on-track" to meet guidance for the financial year.
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