Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Lastest Finance News

IN BRIEF: Dalata Hotel optimistic for the rest of the year

26th Apr 2024 21:52

Dalata Hotel Group PLC - Dublin-based hotel chain - Issues trading statement on Thursday. Says 2024 has commenced with a good performance for its UK portfolio. Also continues to see healthy levels of corporate demand across all regions. Notes lower levels of trade in Ireland. Explains the timing and nature of events compared to 2023, in addition to the increased value added tax rate from September 2023 has had an impact during the first four months. Says revenue per available room for the group is expected to be 4% behind 2023 for the period of January to April on a ‘like for like’ basis. Remains optimistic in outlook for the remainder of the year where trade typically is driven by stronger seasonal factors, supported by a strong events calendar, flight schedules and forward bookings for May and June. Also looks forward to the greater contribution from the ten hotels added to the portfolio since 2022 as they mature and the additional contribution from the four new hotels opening this year. Read More

IN BRIEF: Renewi trading in line with forecasts despite challenges

26th Apr 2024 21:50

Renewi PLC - Milton Keynes, England-based company which turns waste into recycled products - On Thursday, issues trading update. Expects financial 2024 results in line with current market expectations. Highlights a strong performance in three out of four divisions coupled with cost actions across the group, amid a challenging operating environment for Commercial Waste Netherlands. Notes recyclate prices were largely stable through the second half. Overall, sees full-year revenue slightly lower year-on-year, as expected, reflecting the mixed market backdrop and lower recyclate pricing. But says the benefits of ongoing cost reduction, digitisation, execution of strategic initiatives and strong momentum in several businesses is expected to result in an improved underlying earnings before interest and tax margin performance in the second half. Read More

IN BRIEF: Starwood European Real Estate on track to meet dividend aim

26th Apr 2024 21:39

Starwood European Real Estate Finance Ltd - investor which manages senior and mezzanine real estate debt in the UK and Europe - On Thursday, reports first quarter dividend of 1.375 pence, in line with annual 5.5p target. Says net asset value at March 31 totals 104.45p. No comparison given. Notes GBP37.9 million realised during the period, over 14% of the group’s December 31 2023 total funded loan portfolio. "We are on track to meet our aim of paying out a 5.5 pence per share dividend for 2024. We also expect to make further realisations in the coming months and look forward to updating shareholders on these realisations in due course," company says. Read More

IN BRIEF: Falcon Oil & Gas narrows losses in 2023

26th Apr 2024 21:34

Falcon Oil & Gas Ltd - Australia, Hungary and South Africa-focused oil and gas company - Reports a pretax loss of USD3.3 million for 2023, narrowed from USD4.0 million a year prior. Generates no revenue in the year, unchanged from 2022. Losses per share were 0.3 cents, narrowed from 0.4 cents per share. As at December 31, company has USD8.0 million in cash, more than halved from USD16.8 million at the end of 2022. Read More

IN BRIEF: REA Holdings swings to full-year loss while revenue declines

26th Apr 2024 21:25

REA Holdings PLC - London-based company engaged in oil palm cultivation in Indonesia, as well as in producing crude palm and palm kernel oil - On Thursday, says revenue in 2023 falls to USD176.7 million from USD208.8 million. Cost of sales also falls to USD142.4 million from USD147.8 million. Swings to pretax loss of USD29.2 million from profit of USD42.0 million. Basic loss per share totals 32.7 US cents compared to EPS of 43.1c. Explains loss follows losses on disposals of subsidiaries and similar charges of USD26.0 million. Says CPO prices are firm and are expected to remain at remunerative levels as limited availability of land and increasing regulatory restrictions constrain expansion of oil palm hectarage. Read More

EARNINGS AND TRADING: Aura confident in Tiris; Cindrigo enters Germany

26th Apr 2024 20:59

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

TRADING UPDATES: Facilities by ADF profit hit by Hollywood strikes

26th Apr 2024 20:02

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

World Chess revenue plummets; loss widens on administrative costs

26th Apr 2024 17:28

(Alliance News) - World Chess PLC on Friday said it saw its annual loss widen on higher costs, and also reported a drop in revenue. Read More

IN BRIEF: Agronomics investee raises additional EUR8 million

26th Apr 2024 16:54

Agronomics Ltd - Isle of Man-based venture capital firm which invests in cellular agriculture companies - Says portfolio company Solar Foods Oy has raised an additional EUR8 million in funding via Finnish investment organiser Springvest Oyj. In November it had already raised EUR8 million in a series B financing round. Agronomics Chair, Jim Mellon commented: "Solar Foods has shown impressive execution with the funds they have raised to date. It is one of the few companies in this field with a wholly owned and fully operational factory and regulatory approval which puts Solar Foods as one of the most advanced cell ag companies globally. We are very much looking forward to seeing product sales begin in Singapore and for regulatory approval in Europe." Read More

LONDON MARKET CLOSE: Stocks rise despite robust US data

26th Apr 2024 16:53

(Alliance News) - Stock prices in Europe closed higher on Friday, overlooking another red-hot US inflation reading, with the FTSE 100 achieving another record high. Read More

Hutchmed notes CHMP's positive opinion for fruiquintinib approval

26th Apr 2024 16:09

(Alliance News) - Hutchmed (China) Ltd on Friday said that its partner Takeda Pharmaceutical Co Ltd has been notified that the Committee for Medicinal Products for Human Use of the European Medicines Agency recommends approval for fruquintinib. Read More

PRESS: IG Group faces criticism after clients hit by refunding errors

26th Apr 2024 15:56

(Alliance News) - IG Group PLC is under fire from clients who have seen funds incorrectly removed from their accounts and not refunded more than a week later, the Financial Times reported on Friday. Read More

Record's AUM top USD100 billion for first time in 40-plus year history

26th Apr 2024 15:35

(Alliance News) - Record PLC on Friday reported an increase in assets under management in the financial year just finished but said the pace of net inflows slowed. Read More

Carclo shares up as eyes annual performance ahead of expectations

26th Apr 2024 15:02

(Alliance News) - Carclo PLC on Friday said its full-year performance exceeded its expectations as it saw an improvement in trading in the second half of its financial year. Read More

Auckett Swanke shares down as half-year loss widens

26th Apr 2024 14:35

(Alliance News) - Aukett Swanke Group PLC shares fell on Friday, after it said it expects its loss in the first half of the financial year to widen. Read More

FTSE 100 Latest
Value8,139.83
Change60.97