Trainline: FTSE 250 firm hikes guidance as impact of UK rail strikes falls September 12, 2024 The FTSE 250 online retailer raked in just over £3bn in sales in the six months ended August 31, up 14 per cent year-on-year.
Burberry: How low will ‘lost’ luxury fashion label’s shares go after FTSE 100 relegation? September 11, 2024 Burberry’s share price just keeps dropping and the decline is has shown almost no signs of slowing down for more than a year. It hit a 15-year low of 565p this week, after reaching a 14-year low in July, after hitting an all-time high of £2,690p last April. It is set to drop out of [...]
Deliveroo shares hop to two-year high as it aims for upmarket move September 11, 2024 Deliveroo shares bounded to a two-year high on Wednesday after the food delivery company announced plans to switch the category of its stock listing, in a move that could attract a wave of new investors. The company is proposing to move its shares from the Equity Shares (Transition) category to the Equity Shares (Commercial Companies) [...]
Trustpilot shares jump on earnings beat and £20m buyback September 11, 2024 Shares in Trustpilot have jumped after the global review platform reported higher-than-expected earnings for the first half of 2024 and unveiled a new share buyback. The FTSE 250 firm gained as much as 9.3 per cent in early trading on Wednesday. Its stock price has surged 157 per cent over the last 12 months. Trustpilot [...]
Gamma Communications eyes move from AIM to FTSE 250 September 10, 2024 Gamma Communications, the UK-based business call services provider, is considering a move to the London Stock Exchange’s Main Market following a strong set of interim results which could potentially see the company moving from AIM to the FTSE 250 Index. Shares in Gamma surged by as much as 10 per cent in early trading on [...]
Eurowag: Trucking services firm’s shares jump on higher revenue while profit slides September 5, 2024 Eurowag has reported a jump in revenue for the first half of 2024, while the FTSE 250 trucking services group's profit slid and it said it still had no plans to pay a dividend three years after listing in London.
Enquest ‘disappointed’ with windfall tax plans as revenue dips September 5, 2024 North Sea energy firm Enquest has said it was “disappointed” with the ongoing application of the Energy Profit Energy as it reported falls in production and revenue. Enquest, which is one of the largest operators in the North Sea and is currently drilling the single largest oil field in the area, reported a 19.8 per [...]
Alfa Financial raises guidance as shift to subscription model delivers September 5, 2024 Asset finance software company Alfa Financial Software has said it expects full-year revenue to be £1m ahead of previous expectations, as the shift to a subscription model has started to pay off. In the first half of 2024, the company posted record total contract value (TCV) of £193m, a 40 per cent year on year jump, driven by [...]
Hilton Foods: Profit soars at meatpacker as it looks ahead to Walmart site September 4, 2024 Hilton Foods’ seafood and core meat divisions helped bolster the meatpacker’s first-half results as the company geared up for further growth. The FTSE 250 constituent, which had struggled to deal with the rampant inflationary pressures of the last two years, posted a 23.2 per cent rise in adjusted operating profit to £46.9m on a constant [...]
Direct Line to report interim results in indication of turnaround plan September 1, 2024 Direct Line shareholders will get an early sign of whether the insurer’s turnaround plan is beginning to bear fruit as it posts its interim results on Wednesday. Shares in the insurer, which owns Churchill, Privilege and the breakdown recovery provider Green Flag, are down 12 per cent since May and its long-term record makes for [...]