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Lastest Finance News

Kromek rises on USD2.9 million order from US federal customer

25th Apr 2024 12:22

(Alliance News) - Kromek Group PLC shares jumped on Thursday, after it said it has won a contract, worth up to USD2.9 million. Read More

EARNINGS: LSL starts 2024 "strongly"; Focusrite maintains payout

25th Apr 2024 12:19

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

Norman Broadbent emphasises strong second quarter as first disappoints

25th Apr 2024 12:17

(Alliance News) - Norman Broadbent PLC on Thursday said that it remains confident in meeting its goals for the next financial year, despite seeing net fee income drop in the first quarter of 2024. Read More

Labour says to renationalise UK railways in "first term" if elected

25th Apr 2024 12:09

(Alliance News) - The opposition Labour party has pledged to renationalise the UK railways if elected, with the shadow transport secretary saying that "today's broken model simply doesn't work". Read More

N4 Pharma strikes partnership deal for intracellular delivery

25th Apr 2024 11:56

(Alliance News) - N4 Pharma PLC on Thursday said it has entered into a collaboration agreement with SRI International Inc. Read More

IN BRIEF: WAG Payment Solutions confirms outlook after strong quarter

25th Apr 2024 11:55

WAG Payment Solutions PLC - London-based company known as Eurowag that operates toll payment platform across Europe for commercial road transport industry - Reports strong rise in revenue in the first quarter of the year, mostly thanks to both acquisitions and organic growth. Net revenue in the three months ended March 31 is EUR68.4 million, up 31% from EUR52.2 million a year before. Within this is 10% in organic revenue growth. Net revenue in the larger Payment solutions business is EUR39.2 million, up 9.2% from EUR35.9 million, almost all organic at 8.2%. Mobility solutions revenue is up 79% to EUR29.1 million from EUR16.2 million. Within this, organic growth is 15%. Looking ahead, Eurowag confirms its near- and medium-term guidance. Adjusted earnings margin is expected to remain in line with 2023 at 43% in 2024 before growing in the medium-term. Read More

LONDON MARKET MIDDAY: FTSE 100 hits high on offer for Anglo American

25th Apr 2024 11:50

(Alliance News) - The FTSE 100 was outperforming European markets at midday on Thursday, with the index boosted to a record high thanks to takeover talks. Read More

GCP Infrastructure net asset value falls on UK inflation outlook

25th Apr 2024 11:46

(Alliance News) - GCP Infrastructure Investments Ltd on Thursday said net asset value fell during the first three months of 2024, which it blamed on changes to its UK inflation forecast. Read More

Zinc Media hails "year of record achievement" on double-digit growth

25th Apr 2024 11:44

(Alliance News) - Zinc Media Group PLC on Thursday revealed the success of its growth strategy. Read More

React Group backs annual guidance on robust first half performance

25th Apr 2024 11:36

(Alliance News) - React Group PLC on Thursday touted the strength of its pipeline, as it expects to meet annual expectations on the back of a strong first half. Read More

Coca-Cola Europacific hails first quarter growth; increases payout

25th Apr 2024 11:35

(Alliance News) - Coca-Cola Europacific Partners PLC on Thursday reported quarterly revenue growth and upped its interim dividend. Read More

Pinewood Technologies profit up in first year since strategic overhaul

25th Apr 2024 11:28

(Alliance News) - Pinewood Technologies Group PLC reports strong double-digit growth in its maiden year as a pure play software-as-a-service company. Read More

IN BRIEF: Derwent London sells Clerkenwell building let to Publicis

25th Apr 2024 11:20

Derwent London PLC - London-based property investor and developer - Sells 70,300 square feet freehold interest in the Turnmill building in the Clerkenwell area of central London for GBP77.4 million before costs to investment manager Titan Investors. Says the redevelopment was completed in 2015 and is let to Publicis Groupe SA at a passing rent of GBP4.0 million per year. The lease expires in 2035 with a tenant break in 2033. The disposal price reflects a net initial yield to Titan Investors of 4.9%. This is with a rent review in 2025, a capital value of GBP1,100 per square foot and is "at a small premium" to the December 2023 book value. Read More

Skillcast eyes return to profitability after revenue grows 15% in 2023

25th Apr 2024 10:55

(Alliance News) - Skillcast Group PLC on Thursday reported robust revenue growth in a year defined by economic uncertainty. Read More

Wizz Air says pricing remains strong as demand for air travel blooms

25th Apr 2024 10:54

(Alliance News) - Wizz Air Holdings PLC on Thursday offered reassurance that pricing remained strong and costs constrained as it reiterated full-year guidance. Read More

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