(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
(Alliance News) - N4 Pharma PLC on Thursday said it has entered into a collaboration agreement with SRI International Inc. Read More
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
(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
(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
(Alliance News) - Zinc Media Group PLC on Thursday revealed the success of its growth strategy. Read More
(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
(Alliance News) - Coca-Cola Europacific Partners PLC on Thursday reported quarterly revenue growth and upped its interim dividend. Read More
(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
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
(Alliance News) - Skillcast Group PLC on Thursday reported robust revenue growth in a year defined by economic uncertainty. Read More
(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
(Alliance News) - Ibstock PLC on Thursday said first quarter trading conditions remained challenging, as activity levels across residential construction markets remained subdued during the period. Read More
(Alliance News) - PPHE Hotel Group Ltd on Thursday reported a jump in its first quarter revenue and maintained an upbeat outlook for the full-year. Read More
(Alliance News) - Inchcape PLC shares jumped on Thursday, after it reported higher quarterly revenue and looks ahead to future as a pureplay distribution company. Read More