Gattaca half-year profit and revenue drop on lower volumes
16th Apr 2024 08:39
(Alliance News) - Gattaca PLC on Tuesday said it was "not immune" to tougher market conditions, as it reported lower sales and saw its net fee income fall. Read More
(Alliance News) - Gattaca PLC on Tuesday said it was "not immune" to tougher market conditions, as it reported lower sales and saw its net fee income fall. Read More
(Alliance News) - B&M European Value Retail on Tuesday said it expects annual profit at the "top end" of its guidance, hailing a year of "strong operational execution". Read More
(Alliance News) - London's FTSE 100 has been called to open lower on Tuesday, following declines for Asian equities and a sizeable drop for US tech shares overnight. Read More
Ninety One PLC and Ltd - London and Cape Town-based money manager - Assets under management decline 2.6% to GBP126.0 billion on March 31 - the end of Ninety One's financial fourth quarter - compared to GBP129.3 billion in the same period in 2023. But AuM rises 1.4% from GBP124.2 billion at the end of the third quarter on December 31. Ninety One will publish its annual financial results on June 5. Read More
(Alliance News) - The UK unemployment rate rose in the three months to February, numbers on Tuesday showed, while year-on-year growth in average earnings topped expectations. Read More
(Alliance News) - John Wood Group PLC is facing a call from a large shareholder to explore a sale, Sky News reported on Monday evening. Read More
(Alliance News) - London's FTSE 100 has been called to open lower on Tuesday, after tech shares in New York tumbled overnight, with US interest rate worries and global tensions hurting investor enthusiasm. Read More
(Alliance News) - Welcome to the Alliance News UK service (ISSN 2515-9453), consisting of the Alliance News UK Professional and its family of financial newswires serving investors and their professional advisers. Read More
(Alliance News) - UK Chancellor of the Exchequer Jeremy Hunt will insist the UK economy "is on the up" as he travels to the US for the International Monetary Fund spring meetings. Read More
(Alliance News) - More UK businesses are relying on international markets to grow their sales, as they face tougher economic conditions at home and post-Brexit trade barriers, a survey has found. Read More
Superdry PLC - Cheltenham, England-based clothing retailer - Issues response to "media speculation regarding the possible implementation of a restructuring plan". Confirms that it is currently "in the advanced stages of preparing a restructuring plan", which it expects to launch "in the coming days". Notes however that there is no certainty that any such plan will be implemented. Company previously stated on January 29 that it was "working with advisors to explore the feasibility of various material cost saving options to help position the business for long-term success". It had explored the possibility of Chief Executive Officer Julian Dunkerton launching a takeover offer, but said on April 2 that this was "unlikely to deliver an outcome" that could "be executed in the context of the company's ongoing work on its turnaround plan and material cost saving options". Read More
(Alliance News) - Stock prices in London closed down on Monday, as tensions in the Middle East weighed on investors, with resources sliding as commodity prices fell. Read More
(Alliance News) - EnergyPathways PLC said on Monday that its licence application to fast-track the development of the Marram project has been pushed back slightly. Read More
Infrastructure India PLC - infrastructure fund investing directly into assets in India - Notes loan recall notice received by Distribution Logistics Infrastructure India Ltd from the lenders to DLI's project debt. Notes that in late March, DLI was granted a period of grace for debt servicing by its Indian lenders until February and DLI management had been in discussion with its lenders regarding settlement of its dues. Says a loan recall notice in India is a precursor for the lenders to DLI to invoke the insolvency and bankruptcy code if DLI presents no satisfactory response to the notice within two weeks from the date of issue. Infrastructure India says it is in discussions with a third party and has received preliminary terms for the sale of DLI. Says these discussions are ongoing, although there can be no guarantee that these will lead to an agreement to sell DLI. Says it is liaising with DLI on this matter and will provide shareholders with further updates "as appropriate in due course". Read More
(Alliance News) - European Green Transition PLC on Monday said it has received permission to advance to the next stage of its work plan at its Swedish asset. Read More