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Engineering

  • FTSE 100 engineer Spirax misses expectations amid ‘weak’ macroeconomic backdrop

    August 8, 2024

    Spirax Group has missed expectations as the FTSE 100 engineering firm highlighted challenging trading conditions in its key markets.

  • Will the Rolls-Royce share price continue to defy gravity?

    August 5, 2024

    Rolls-Royce has been the talk of the FTSE 100 over the last year. Will the share price rally ever end? (Yes, but not yet).

  • Wood Group shares plunge 40 per cent after bidder Sidara walks away citing ‘geopolitical risks’

    August 5, 2024

    Dubai-based engineers Sidara has brought an end to takeover talks with London-listed John Wood, citing "rising geopolitical risks" and "financial market uncertainty".

  • Admiral Acquisition becomes latest firm to exit London Stock Exchange after £1.48bn deal

    May 22, 2024

    Admiral Acquisition has become the latest company to announce it will leave the London Stock Exchange for New York, after buying US engineering business Acuren for $1.85bn (£1.48).

  • Smiths Group: Engineering and tech giant on track as new chief settles in

    May 21, 2024

    New Smiths Group chief Roland Carter has overseen a solid first quarter in his first few months at the company.

  • Renew hopes to cash in on Britain’s net zero drive after delivering record first half

    May 14, 2024

    Renew upped its dividend after delivering a record performance in the first half of the year as the firm looks to cash in on Britain's net zero transition plans,

  • Wood Group shares soar after engineering giant rejects takeover bid from Dubai-based rival

    May 8, 2024

    It said the board concluded that the offer "fundamentally undervalued Wood and its future prospects" and rejected it earlier today.

  • Renishaw lowers full-year revenue and profit guidance

    May 8, 2024

    Renishaw has slightly lowered its full year guidance after seeing an uptick in revenue at the start of this year, putting a gloss on what was a difficult trading period in the previous six months.

  • Chamberlin shares plunge as engineering group cuts jobs and hikes prices

    April 10, 2024

    Manufacturer Chamberlin has hiked prices and initiated a wide-ranging cost cutting programme as it deals with a slowdown in demand.

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