(Alliance News) - Stock prices in London closed higher on Wednesday, while the dollar struggled after a softer US inflation reading and weaker retail sales data, which put pressure on the Federal Reserve to consider rate cuts soon. Read More
(Alliance News) - Accrol Group Holdings PLC on Friday said it had accepted an increased takeover offer from suitor, Navigator Co SA. Read More
(Alliance News) - London's FTSE 100 ended higher on Friday, boosted by a favourable Bank of England interest rate outlook, though trade elsewhere was mixed as a rally in New York showed signs of exhaustion. Read More
(Alliance News) - Accrol Group Holdings PLC has agreed to a GBP127.5 million takeover offer from a subsidiary of Navigator Co SA, the buyer said on Friday. Read More
(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
Nichols PLC - Newton Le Willows, England-based soft drinks manufacturer - Appoints Richard Newman as director, effective from January 29, before becoming chief financial officer in March following publication of its 2023 preliminary results. Interim CFO David Taylor will step down from the board at the same time in March. Says Newman was most recently CFO at Accrol Group Holdings PLC between 2021 and 2023. Nichols Non-Executive Chair Liz McMeikan comments: "Richard brings a wealth of highly relevant experience to the group and I have every confidence that he will make a substantial contribution to the group's continued development and growth." Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
Accrol Group Holdings PLC - Blackburn, England-based private-label toilet roll maker - Expects revenue and adjusted earnings before interest, tax, depreciation and amortisation for the year ended on April 30 to be in line with current market expectations. For financial 2022, adjusted Ebitda was GBP9.1 million. Revenue is expected at GBP241.8 million for financial 2023, up 52% from GBP159.5 million the year before. Read More
Accrol Group Holdings PLC - Blackburn, England-based private-label toilet roll maker - Promotes Chris Welsh to chief financial officer, effective immediately. He replaces Richard Newman, who resigns as CFO and steps down from board. Newman will remain with the company until the audit process for its financial 2023 results is completed. Says Welsh joined Accrol in October last year, earmarked to become CFO as part of the board's succession planning. Prior to this, says Welsh held several senior finance roles at chemical manufacturer Ineos, most recently as head of financial reporting in its Enterprises unit. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - Accrol Group Holdings PLC on Monday said revenue increased in the first half of its financial year, following a rise in private label volumes. Read More
Accrol Group Holdings PLC - Blackburn, England-based private-label toilet roll maker - Pretax loss in financial year that ended April 30 narrows to GBP2.5 million from GBP3.1 million, though remains wider than the GBP1.9 million loss in financial 2020. More positively, revenue rises 17% to GBP159.5 million from GBP136.6 million the year before, with Accrol noting this was in line with expectations. Revenue in financial 2020 was GBP134.8 million. Market share by volume increases to 19.5% from 18.9% at the half-year stage, amid a flat overall UK market. Read More