Company News
Gendedrive inks second distribution agreement with Sysmex
Molecular diagnostics business Genedrive announced on Tuesday that it had signed a distribution agreement with Japanese health care firm Sysmex Asia Pacific for its HCV ID kit and its Genedrive platform in the Asia Pacific region.
Bovis Homes on track to meet FY profit expectations amid 'robust' demand
FTSE 250 housebuilder Bovis Homes said on Tuesday that it is on track to meet its expectations for FY2017 and to deliver “significant improvements” in profits for FY18.
Hikma Pharmaceutical purchases $3m worth of products from German partner
Shares of FTSE 250-listed pharma firm Hikma Pharmaceuticals dropped in early trading on Tuesday after it announced the acquisition of products to the tune of $3m from a German partner.
Computacenter sees FY results 'comfortably in excess' of previous expectations
Shares in Computacenter surged as the IT services group said results for 2017 will be “comfortably in excess” of its previous expectations following a strong start to the fourth quarter.
Kier Group awarded contracts in £8bn schools programme
Property services firm Kier Group has been boosted by the award of two contracts for the construction of several projects in the education sector.
Meggitt CEO retires, confident despite bumpy third quarter
Defence supplier Meggitt said that chief executive Stephen Young will retire next April as it reported slower progress in civil aerospace and a decline in military revenue in the third quarter.
Rough diamond sales rise at Anglo American's De Beers
Sales at Anglo American’s De Beers diamond business edged up in the ninth sales cycle of the year as orders rose ahead of Christmas.
McCarthy & Stone profit drops but revenue beats expectations
Retirement housebuilder McCarthy & Stone posted a drop in full-year profit on Tuesday even as revenue beat analysts’ expectations, amid increased build and incentive costs.
Land Securities posts solid first half despite Brexit headwinds
Land Securities posted a 5. 2% year-on-year improvement in revenue profit in its first half on Tuesday, to £203m, while its valuation deficit was broadly stable, falling 0. 1% to £19m.
ITV enjoys improvement in TV advertising revenues, Studios sales
ITV reported an easing in the television advertising crunch in the third quarter and further good growth in online and overseas sales of its Studios productions.
DCC first half profit up amid growth across divisions
Support services company DCC posted a rise in first-half profit on Tuesday thanks to a solid performance across its divisions.
Aviva swallows Ireland's Friends First in EUR 130m deal
Aviva has reached an agreement to acquire Irish insurer Friends First Life Assurance Company for a cash consideration of €130m, it announced on Tuesday.
Vodafone revenues fall but profits strengthen in first half
Vodafone reported a 4. 1% fall in group total revenue to €23. 1bn in its first half on Tuesday, which it said was primarily due to the deconsolidation of Vodafone Netherlands and foreign exchange movements.
Smiths Group first quarter revenue drops on order timing
Diversified engineer Smiths Group reported a drop in revenue for the first quarter on Tuesday but reiterated its expectations for the full year.