Company News
08:25
dl drax group power energy electricity station ftse 250 min
Drax lifts dividend as full-year profits jump

Power generation company Drax posted a surge in full-year profits on Thursday and lifted its dividend, as Britons struggled to pay their energy bills.

08:14
dl spectris research development instruments industrial services measuring logo ftse 250
Spectris reports record profits but sales fall short of forecasts

Precision instrumentation and controls company Spectris reported record adjusted profits for 2023 on the back of double-digit sales growth and improving margins, though sales came in slightly below forecasts.

08:07
dl vesuvius metal flow molten engineering metals industrial logo ftse 250
Vesuvius FY profits drop amid ‘difficult’ market conditions

Molten metal flow engineer Vesuvius reported a drop in full-year profit and revenue on Thursday amid "difficult" market conditions.

07:59
howden, kitchen
Howden profits fall 19% on weaker building market

Profits at Howden Joinery fell more than expected last year as a weaker DIY and housing market hit the bottom line.

07:56
dl ocado supermarket retail online delivery groceries truck transport ftse 100 min
Ocado returns to profit in 2023

Ocado said on Thursday that it swung back to an underlying profit in 2023 as its joint venture with M&S returned to profit.

07:38
dl weir group oil services oilfield energy engineering company logo ftse 250
Weir Group delivers strong 2023 profits as margins beat targets

Weir Group managed to deliver an 18% increase in adjusted profits in 2023 after beefing up margins more than expected as it pointed to further growth across the board this year.

07:33
Haleon sees higher sales in 2024 as FY profits come in flat

Consumer health firm Haleon on Thursday posted flat annual earnings and said it expected to grow revenue this year on higher demand.

07:21
iag dl british airways jet airliine
IAG profits fly past pre-pandemic levels on strong leisure demand

British Airways owner IAG on Thursday more than doubled annual profit as demand continued to rebound from the effects of the Covid pandemic.

28 Feb
iag dl british airways jet airliine
Thursday preview: Inflation data, IAG in focus

Should the Federal Reserve begin to reduce interest rates in June?.

28 Feb
dl city of london bank junction underground financial london stock exchange street pb
Director dealings: Brickability CEO raises stake

Brickability Group revealed on Wednesday that chief executive Alan Simpson had acquired 553,642 ordinary shares in the AIM-listed construction materials distributor.

28 Feb
dl direct line insurance group plc dlg financials insurance non life insurance property and casualty insurance ftse 250 logo 20240228 1409
Direct Line rejects £3.1bn takeover approach from Belgium's Ageas

Direct Line confirmed on Wednesday that it had rejected a £3. 1bn takeover approach from Belgium’s Ageas, as it significantly undervalued the group.

28 Feb
aston martin dl valkyrie
Aston Martin halves losses on record prices

UK luxury carmaker Aston Martin Lagonda more than halved annual losses last year, driven by higher prices for its high-end vehicles.

28 Feb
dl the co operative bank co op bank coop bank privately held bank financial services logo 20230301
Co-op Bank profits slide after rise in redress costs and expenses

The Co-operative Bank reported an underlying profit of £120. 9m in its full-year results on Wednesday, down from £136m year-on-year, with a net interest margin of 180 basis points, making for a 14 basis point increase compared to 2022.

28 Feb
dl ensilica plc aim technology hardware and equipment semiconductors logo 20230217
EnSilica secures substantial US order

Application-specific integrated circuit (ASIC) specialist EnSilica announced a substantial order for the tape-out of a bespoke ASIC from a major US-based electronics manufacturer on Wednesday.

28 Feb
dl direct line insurance group plc dlg financials insurance non life insurance property and casualty insurance ftse 250 logo 20240228 1409
Ageas mulls £3.1bn bid for Direct Line, shares surge

Shares in Direct Line Insurance Group motored ahead on Wednesday, after Belgium's Ageas confirmed it was considering a possible £3. 1bn bid for its UK rival.

28 Feb
dl verditek aim solar panel photovoltaic technology logo
Verditek shares jump as it agrees sale of solar assets

Verditek shares were surging on Wednesday afternoon, after it announced a conditional sale and purchase agreement to divest its solar business, including Verditek Solar Italy, to Verditek Solar Limited for £0. 53m.

28 Feb
Taylor Wimpey sees fewer builds in 2024 as profits slump

UK housebuilder Taylor Wimpey said current trading was showing “some encouraging signs of improvement” but would still build fewer homes this year as 2023 profits almost halved on higher mortgage rates and weaker demand.

28 Feb
dl trellus health aim connected self management hospital patients technology medicine logo
Trellus Health signs deal with large US health plan

Digital health company Trellus Health announced a significant agreement with a major US health plan on Wednesday, targeting inflammatory bowel disease (IBD) management.

28 Feb
dl nexxen international ltd nexn consumer discretionary media media media agencies aim logo 20240228 1247
Nexxen reaches settlement and inks alliance with Alphonso, LG

Nexxen International announced on Wednesday that it had finalised a settlement and embarked on a three-year strategic alliance with Alphonso and LG Electronics.

28 Feb
dl kibo energy aim metals mining exploration development production logo
Kibo Energy subsidiary MED strikes new funding partnership

Kibo Energy announced on Wednesday that its flexible power specialist subsidiary Mast Energy Developments (MED) had struck a strategic funding partnership with RiverFort Global Opportunities PCC (RiverFort), along with a substantial funding agreement, a new capacity market contract, and the termination of the Proventure joint venture agreement.

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Important Legal Notice about News Sources

Pilling and Co Stockbrokers Ltd. is not responsible for the content or accuracy of third party news articles and we may not share the views of the author or publisher.

We provide third party news for your convenience and information only and make no representation or endorsement whatsoever and hereby exclude all liability for any loss or damage that may be incurred by you as a result of your access or use. Please note that third party content may be subject to terms and conditions imposed by the third party owner of that content.

The value of investments can fall and you may get back less than you invested.