News

Marshalls hails "strengthened customer relationships" as revenue grows
(Alliance News) - Marshalls PLC on Wednesday said it was well positioned to swiftly respond to improving activity levels, as it highlighted revenue was up on-year, just before holding its annual ...
Gamma Communications shares tumble amid "ongoing softness" in UK
(Alliance News) - Gamma Communications PLC shares slumped on Wednesday, as it reported continued weakness in the UK market. Gamma shares tumbled 13% to 1,136.92 pence each on Wednesday morning. It has ...
Keller has decent start to 2025 despite "less buoyant" North America
The geotechnical engineering firm maintained expectations for 2025, after trading in the first four months maintained "the momentum achieved in recent years". The update came ahead of its annual ...
Vistry shares fall as forward order book declines in year to date
(Alliance News) - Vistry Group PLC on Wednesday announced a lower forward order book, but noted strengthening demand from the private rented sector market. The Kent, England-based house builder said ...
Burberry to cut 1,700 jobs but optimistic that "best days are ahead"
The associated one-off costs across both programmes are expected to total around GBP80 million. Burberry said free cash was GB65 million, little changed from GBP63 million a year prior. Looking ahead, ...
Persimmon announces sale of FibreNest for around GBP100 million
The York, England-based housebuilder said the discounted total enterprise value for the sale is around GBP100 million. Persimmon expects the sale to complete within three months. Persimmon will ...
Spirax maintains annual guidance but tariff impact still "uncertain"
Consequently, Spirax said, it delivered low single-digit organic group revenue growth. The adjusted operating profit margin meanwhile was slightly lower against the first four months of 2024, which ...
LONDON BROKER RATINGS: RBC cuts AB Foods; JPMorgan raises Mondi
JPMorgan raises Mondi to 'overweight' (neutral) - price target 1,430 (1,435) pence Exane BNP starts Hikma Pharmaceutical with 'outperform' - price target 2,650 pence ...
Compass boosts dividend as new business and higher prices lift sales
Diluted earnings per share improved to 54.1 US cents from 50.4 cents. For financial 2025, Compass continues to expect high single-digit underlying operating profit growth driven by organic revenue ...
LONDON BRIEFING: Burberry swings to loss; H&T agrees terms of takeover
In early corporate news, luxury goods company Burberry said it will cut up to 1,700 jobs globally as it swings to a loss against a "difficult macroeconomic backdrop", and pharmaceuticals firm GSK ...
London pre-open: Stocks seen down; Burberry, Compass results in focus
(Sharecast News) - London stocks were set to fall at the open on Wednesday following a mixed session on Wall Street, as investors braced for a deluge of earnings from the likes of Burberry, Compass ...
LONDON MARKET EARLY CALL: London down as UK holidaymakers trim budgets
(Alliance News) - London's FTSE 100 is set to open in the red on Wednesday, as new research reveals UK holidaymakers are tightening their purses amid concerns on living costs and following US ...