Company News
Stock Spirits reports strong growth from Polish and Czech businesses
Spirits distilling company Stock Spirits Group announced that momentum from its strong first half had carried on to the second, with the firm expecting results for the full-year to come in slightly ahead of expectations.
Ineos launches challenge to Scottish fracking ban
Ineon, the petrochemicals group owned by Jim Ratcliffe, has applied for a judicial review of the Scottish government's decision to ban fracking announced in October.
Harworth Group posts value gains 'appreciably' ahead of expectations
Brownfield land and property development firm Harworth Group returned another strong operational performance in the second half of its trading year.
Cyber-security specialist Osirium confirms continued annual growth
Cybersecurity software provider Osirium Technologies confirmed that trading in the calendar year had continued to improve as hoped, and that results would be in line with market expectations.
Director deals: Mothercare boss picks up £100,000 in shares
Mark Newton-Jones, chief executive officer of children's retailer Mothercare, picked up 218,866 ordinary shares in the firm on Tuesday at a price of 45. 69p per share.
Carr's hails strong start to 2018
Carr’s said on Tuesday that trading is in line with the board’s expectations for the current financial year and “significantly ahead” of the previous year in both agriculture and engineering.
Wednesday preview: Sainsbury's, SuperDry, TW, Tullow and industrial production
Wednesday sees UK industrial production, construction output and trade data, plus company updates from retailers Sainsbury's and SuperGroup/SuperDry, builder Taylor Wimpey and Tullow Oil.
No Xmas hangover for Majestic as Investec says 'buy'
Investec on Tuesday reiterated its 'buy' recommendation for Majestic Wines, saying 2018 was “increasingly becoming an inflexion point”, as the company reported Christmas trading figures.
MPs warn Barclays not to halt compensation for card mis-selling victims
Parliament has warned Barclays not to halt payouts to 80,000 customers who were mis-sold credit card plans or it could lead to customers being entitled to compensation of £200m.
Ferrexpo production falls 7pc in 2017 after maintenance
Ferrexpo reported higher production of iron ore pellets in the fourth quarter, though the Ukraine-based company's output for 2017 was down on the previous year due to earlier maintenance of its pelletiser machine.
Supermarkets savour happy Christmas as households spend £1bn more
UK supermarkets had a very merry Christmas as they notched up the busiest shopping day ever recorded on the Friday before Christmas and in the run-up to the big day sold £1bn more groceries than the year before.
Lidl opens huge new warehouse to continue growth in London
Lidl is opening its largest UK warehouse in Luton as part of the German discounter's £1. 45bn investment in growth to keep up its assault on the Big Four supermarkets.
Dechra Pharmaceuticals half-year revenue jumps 10.5%
Dechra Pharmaceuticals reported a jump in half-year revenue on Tuesday as it said changes to US taxes are expected to have a positive impact on the group.
Unite target price, NAV forecasts lifted by Numis
Numis said it was upgrading its target share price on student accommodation provider Unite Group by 14% to 892p after the company reported strong final quarter fund valuations.
IndigoVision confirms appointment of Pedro Simoes as CEO
AIM-listed IndigoVision has confirmed the appointment of Pedro Simoes as chief executive officer with immediate effect.
Safestore hikes dividend and sees strong self-storage outlook
Safestore hiked its dividend 20% after a strong trading year to end-October, with the self-storage group revealing a positive outlook for trading in the UK and France and a new development site in Paris.
Wizz Air announces new base in Vienna
Low-cost Central and Eastern Europe-focused airline Wizz Air has announced plans to make Austria the 44th country in its network by establishing base operations at Vienna Airport.
Topps Tiles LFL sales rise 3.4% in first quarter
Tile specialist Topps Tiles reported a rise in first quarter like-for-like sales on Tuesday, although it struck a cautious note over the year ahead.
Robert Walters fourth-quarter net fee income up 22%
Recruiter Robert Walters posted a 22% rise in net fee income for the fourth quarter to the end of December, amid growth across all of its regions.
Persimmon sees FY profits 'modestly ahead' of expectations
House builder Persimmon, where chief executive Jeff Fairbairn is set to rake in a £110m bonus, said full year pre-tax profits would be “modestly ahead” of expectations as it continued to benefit from the government's controversial help-to-buy scheme.