(Alliance News) - A string of London listings are seeking to emulate US examples and Aquis-listed Smarter Web Co PLC by adopting a bitcoin treasury policy, whereby they hold reserves in the cryptocurrency, rather than cash. Read More
(Alliance News) - Renold PLC on Wednesday said it has bought transmission chain product supplier Ognibene Spa for a total cash consideration of EUR10 million. Read More
(Alliance News) - Hargreaves Services PLC on Wednesday said it expects "another strong set of results" for its latest financial year, noting a "strong" first half for the Services business. Read More
(Alliance News) - Ultimate Products PLC shares slumped on Wednesday as it warned that it expects full-year adjusted earnings before interest, tax, depreciation and amortisation below consensus, with sales weighted toward lower margin product categories. Read More
(Alliance News) - Halfords Group PLC on Wednesday reported that full-year performance was stronger than expected, though the company was still loss-making. Read More
(Alliance News) - European equities failed to cling onto early momentum and moved lower by Wednesday afternoon, failing to replicate the confident gain seen in New York overnight. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - A complaint by Ryanair Holdings PLC against the European Commission's approval of German support for the Condor airline during the coronavirus crisis was rejected in court on Wednesday. Read More
ITM Power PLC - Sheffield-based designer and manufacturer of electrolyser systems for green hydrogen production - Announces launch of Hydropulse GmbH, a Berlin-based subsidiary. It will build, own and operate decentralised green hydrogen production plants via ITM's modular Neptune technology, with a focus on serving industrial customers under long-term offtake agreements. ITM Power Chief Executive Officer & Hydropulse Managing Director Dennis Schulz says: "Approximately 12 months in the making, the launch of Hydropulse opens a new chapter for ITM and the green hydrogen industry. By addressing the bankability hurdle of green hydrogen projects through capital expenditure, operations, and technology risk mitigation for the end user, Hydropulse will solve the most pressing real-world challenges that are holding back exponential industry growth." Read More
(Alliance News) - Marks Electrical Group PLC on Wednesday said its performance in the 2025 financial year was in line with expectations, as revenue increased but it swung to a loss from profit. Read More
(Alliance News) - Liontrust Asset Management PLC on Wednesday reported a decreased adjusted pretax profit in its latest year, but "is well placed to take advantage" of the "challenging" environment that it expects. Read More
(Alliance News) - Filtronic PLC on Wednesday said trading momentum continues while a "healthy" order book leaves it well placed for the future. Read More
(Alliance News) - Oxford Instruments PLC on Wednesday said it has launched a share buyback programme of up to GBP50 million, aiming to reduce its share capital over the next year. Read More
Mitie Group PLC - The Shard, London-based engineering, security, cleaning and hygiene services provider - Says DBRS Morningstar on Friday confirmed its BBB investment grade rating for Mitie remaining unchanged as a result of the proposed acquisition of Marlowe PLC, a London-based provider of software and services for safety and regulatory compliance. Mitie in early June announced its plan to buy Marlowe in a deal valuing the latter at GBP366 million. Separately, Mitie announces that it received confirmation from Ireland's Department of Enterprise, Trade & Employment that its planned acquisition of Marlowe does not require mandatory notification under a law enacted in 2023. Completion of the takeover remains subject to the satisfaction and waiver of remaining conditions, such as the receipt of clearance via the UK's National Security & Investment Act 2021. Mitie expects its takeover of Marlowe to complete in the third quarter of 2025. Read More
(Alliance News) - Sequoia Economic Infrastructure Income Fund Ltd on Wednesday posted lower earnings in financial 2025, despite insisting that interest income remained "strong". Read More