(Alliance News) - HICL Infrastructure PLC on Wednesday reported a return to profitability in the first-half of the year, driven by strong income growth and improved shareholder returns. Read More
(Alliance News) - Hill & Smith PLC on Wednesday said it expected adjusted operating profit to rise comfortably this year amid a good momentum in its Engineered Solutions and Galvanizing Services divisions. Read More
Coats Group PLC - London-based manufacturer of industrial thread and footwear components - Total revenue rises 8% year-on-year at constant exchange rate in the six months the ended October 31. Apparel revenue is up 14% and footwear revenue up 7%. Performance materials revenue falls by 3%, however. Looking ahead, full-year outlook is unchanged and remains in line with market expectations, Coats says. Read More
(Alliance News) - Softcat PLC on Wednesday said both gross profit and operating profit rose in its financial first quarter, amid steady demand. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More
(Alliance News) - Rotork PLC on Wednesday said its performance in the four months to the end of October was in line with management and market expectations, with all three divisions increasing their order intake. Read More
(Alliance News) - Molten Ventures PLC on Wednesday said it is positioned to surpass guidance provided at its full-year results as it anticipates a more stable investment climate. Read More
(Alliance News) - Britvic PLC on Wednesday reported its 'best-ever' financial performance, posting strong increases in revenue and profit, ahead of soft drinks maker's takeover by Danish brewer Carlsberg AS. Read More
(Alliance News) - British Land Co PLC on Wednesday highlighted the continued strength of its occupational markets as it expects underlying earnings per share to fall slightly in the current financial year. Read More
Helios Towers PLC - London-headquartered telecommunications tower owner - Arbejdsmarkedets Tillægspension sells 50.6 million Helios shares at 94 pence each, worth GBP48 million. The share sale, first announced after the London market close on Tuesday, was run as an accelerated bookbuild by BofA Securities Europe SA. ATP doesn't say how many shares it held prior to or holds after the sale. Hillerod, Denmark-based ATP is Denmark's largest pension and processing company. It was established by the Danish Parliament by law in 1964. Read More
Dunelm Group PLC - Leicester-based home furnishings retailer - Acquires Irish soft furnishings retailer Homefocus Group Ltd. Dunelm doesn't provide any financial details for the acquisition, which adds 13 stores across the Republic of Ireland and an online platform. The FTSE 250 constituent says the acquisition "will not be material" to its financial performance. However, Dunelm says Homefocus, which has been in business for more than 80 years, gives it immediate access to a homewares market worth over GBP1 billion. The deal marks Dunelm's first entry into the Irish market. Read More
(Alliance News) - London's FTSE 100 traded higher early Wednesday, recovering some of Tuesday's lost ground, despite geopolitical tensions and UK inflation worries remaining in focus. Read More
(Alliance News) - Sage Group PLC on Wednesday announced a GBP400 million share buyback and said strong sales in its Cloud business had boosted annual revenue. Read More
(Alliance News) - Ninety One PLC and Ltd on Wednesday reported a dip in interim profit and announced that it had entered into an agreement that will see Sanlam Ltd appoint Ninety One as its primary active investment manager. Read More
(Alliance News) - Severn Trent PLC on Wednesday reported strong growth in the first half with the company on track to deliver its largest annual investment programme to improve operations and meet regulatory requirements. Read More