Applied Nutrition shares fall as profit dives amid higher costs
7th Apr 2025 09:52
(Alliance News) - Applied Nutrition PLC on Monday reported an interim profit decline, as surging administrative costs outpaced revenue growth. Read More
(Alliance News) - Applied Nutrition PLC on Monday reported an interim profit decline, as surging administrative costs outpaced revenue growth. Read More
(Alliance News) - Metro Bank Holdings PLC has launched an AI-powered scam detection service which will let customers send a WhatsApp message to check whether they are at risk from fraud. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday: Read More
(Alliance News) - Softcat PLC on Monday reported the acquisition of data and AI consultancy services firm, Oakland Group Services Ltd, as it looks to strengthen its support for customers throughout their data journey. Read More
(Alliance News) - De La Rue PLC on Monday said it remains in discussions regarding a possible bid for the company after announcing the sale of its Authentication division. Read More
Smarttech247 Group PLC - London-based cybersecurity services - Wins inclusion on a multi-year framework agreement with a "major international airport in London". Smarttech247 doesn't say which London airport. It says the agreement is worth up to GBP7 million in total for its four suppliers over a five-year initial term, though the deal doesn't have a guaranteed minimum spend. Smarttech247 will provide cybersecurity products and support services. Chief Executive Officer Raluca Saceanu comments: "This win reflects the group's continued execution against its strategy to grow through high-value, long-term engagements with critical national infrastructure clients. It is also a significant opportunity for us to potentially deliver cybersecurity services in a highly regulated and high-security setting over the coming years." Read More
(Alliance News) - Volex PLC on Monday upgraded its full-year earnings outlook and said it anticipates revenue for the year to cross the USD1 billion mark, driven by a "strong" fourth-quarter. Read More
(Alliance News) - Ferrexpo PLC on Monday reported higher production in the first quarter of 2025, mainly due a jump in iron concentrate output, but said this would not be reflected in higher earnings due to higher costs. Read More
(Alliance News) - Stock prices in London opened in the red on Monday, as EU ministers prepare to discuss strategies to either reciprocate US tariffs or convince Trump to back down Read More
Rotork PLC - Bath, England-based provider of flow control solutions for the oil and gas, water and power, and chemical industries - Begins the first tranche for up to GBP10 million under its GBP50 million share buyback programme. The first tranche will be carried out by JPMorgan Securities PLC. It launches on Monday and will end no later than May 30. Read More
(Alliance News) - Shell PLC on Monday said it expects lower natural gas production and liquified natural gas volumes in the first quarter of 2025 than previously forecast, reflecting unplanned maintenance in Australia and adverse weather. Read More
Kingfisher PLC - London-based home improvement retailer and owner of B&Q and Screwfix - Launches first tranche of its GBP300 million share buyback announced in March, for up to GBP50 million. Repurchase of shares will be carried out by Goldman Sachs International, beginning on Monday and ending no later than June 23. Read More
LondonMetric Property PLC - London-based real estate investment trust - Sells GBP40.4 million of mature and non-core urban warehousing, reflecting a net yield of 4.3%. Five assets have been sold in separate transactions to owner occupiers and long only funds. The deal includes three London warehouses in Walthamstow, Park Royal and Croydon, sold for GBP30.8 million and reflecting a NIY of 3.9%; and two warehouses in Birmingham and Aberdeen, sold for GBP9.6 million and reflecting a NIY of 5.7%. The company says the sales are in line with book values as of the end of September and have delivered a profit on cost of 30% and an ungeared internal rate of return of 10%. The firm says it has sold 70 assets for GBP347 million, taking a GBP342 million share, at 1.6% above prevailing book values in the year to the end of March. Read More
[Alliance News] - More than 300 jobs will be created as a result of a GBP450 million investment programme in north Scotland's electricity distribution network. Read More
(Alliance News) - Sirius Real Estate Ltd on Monday said it expects its annual financial performance to come in line with market expectations, with rent roll and occupancy "strong". Read More