Company News

BHP delivers record output but warns of 'significant' tariff impact

Mining giant BHP reported record iron ore and copper production across the first nine months of its financial year, but warned of the impact that a trade war could have on demand.

Poland's InPost to buy Yodel in £106m deal

2 days ago

Poland's InPost said on Thursday that it has bought Yodel, one of the UK's largest parcel delivery companies, in a £106m deal.

Workspace delivers 'strong lettings performance' in Q4

2 days ago

Real estate investment trust Workspace said on Thursday that it had delivered a "strong lettings performance" in Q4, partly driven by strategic actions it has taken to counter current "macroeconomic and competitive pressures".

Sainsbury's reports strong year, will buy back £200m more shares

2 days ago

J Sainsbury reported a strong set of full-year results on Thursday, with solid momentum across its grocery business and a significantly strengthened balance sheet supporting further shareholder returns.

Rentokil Q1 revenues rise despite North America softness

2 days ago

Pest control firm Rentokil reported a rise in first-quarter revenue on Thursday despite a softer performance form its North American business.

Two GSK vaccines get US CDC recommendations

2 days ago

GSK announced two important endorsements from the US Centers for Disease Control and Prevention's (CDC) Advisory Committee on Immunization Practices (ACIP) on Thursday, for its vaccines Penmenvy and Arexvy, potentially expanding protection against meningococcal disease and respiratory syncytial virus (RSV) for millions of Americans.

Dunelm on track for FY profit expectations as Q3 sales rise

2 days ago

Homeware retailer Dunelm said on Thursday that it was on track to meet consensus expectations for full-year profit as it reported a jump in third-quarter sales.

Harmony board drops Drax bid in favour of Foresight offer

2 days ago

Harmony Energy Income Trust (HEIT) announced on Thursday that it has agreed to a recommended cash acquisition by PP Bidco, a company indirectly controlled by funds managed by Foresight Group.

Wood Group extends Sidara offer deadline for second time

2 days ago

Scottish engineering and consulting business Wood Group has extended the deadline for Dubai's Sidara to make a formal takeover offer for the second time.

Alphawave reports record bookings, withholds guidance amid trade uncertainty

2 days ago

Alphawave IP Group reported record annual bookings for 2024 on Thursday, reflecting strong demand for its high-speed connectivity IP, despite a drop in total revenue and a wider operating loss, although it withheld guidance for the current financial year amid global trade uncertainty.

Ninety One assets under management rise in fourth quarter

2 days ago

Ninety One reported a slight increase in assets under management (AUM) in the final quarter of its financial year on Thursday, with total AuM rising to £130.8bn as at 31 March.

Brooks Macdonald on track to meet full-year expectations

3 days ago

Brooks Macdonald reported a 7% increase in funds under management and advice (FUMA) to £18.6bn for the three months ended 31 March on Wednesday, driven by market movements and the addition of advised-only assets through acquisition.

Playtech appoints sports media vet John Gleasure as new chair

3 days ago

Gambling tech provider Playtech has appointed sports media veteran John Gleasure as its new non-executive chair, who will replace Brian Mattingley next month.

Speedy Hire ends year as expected as it refinances debt

3 days ago

Speedy Hire said in an update on Wednesday that it expects to report full-year results in line with expectations, after delivering a resilient performance for the year ended 31 March despite challenging market conditions.

Hunting trading as expected as it assesses US tariff impact

3 days ago

Hunting reported first-quarter trading in line with expectations on Wednesday, with EBITDA rising to $38.7m from $28.9m a year earlier.

Tritax Big Box disposes of 'non-strategic' assets

3 days ago

Real estate investment trust Tritax Big Box said on Wednesday that it has now disposed of half of the roughly £475.0m worth of "non-strategic assets" acquired following its merger with UK Commercial Property REIT in FY24.

ProCook outperforms the market, hails 'strong' fourth quarter

3 days ago

Kitchenware retailer ProCook hailed strong fourth-quarter trading on Wednesday and said it "significantly" outperformed the market as it reported a jump in revenues.

Oxford Instruments flags strong second-half performance

3 days ago

Oxford Instruments reported a strong second-half performance in an update on Wednesday, with full-year results for the period to 31 March in line with market expectations.

DiscoverIE expecting record full-year underlying profits

3 days ago

DiscoverIE Group said in an update on Wednesday that it expects to report record underlying profits and earnings for the year ended 31 March, with full-year results set to come in slightly ahead of board expectations.

Hays H1 adjusted operating profits fall amid hiring slowdown

3 days ago

Recruitment firm Hays said on Wednesday that adjusted operating profits had fallen in H1 as a slowdown in hiring continued to weigh on placement volumes and fees.

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