Severfield launches buyback as booming steel demand in UK and Europe powers record backlog April 17, 2024 The acquisition of Voortman has helped the firm diversify from its home market in the UK, with 32 per cent of its order book now located in Europe.
Saga cruises back to growth as over 50s return to the high seas April 17, 2024 Saga's ocean cruising business roared back to life with underlying profit before tax hitting £35.5m, compared to an underlying loss after tax of £0.7m in the previous year.
Just Eat: Brits continue to scoff takeaways but other nations lose their appetite April 17, 2024 Only Brits ordered more takeaway from Just Eat in the first three months of 2024, compared to the same period last year.
De La Rue: Struggling British banknote maker reassures market it’s on track to hit profit target April 17, 2024 Last year, the company informed markets that demand for banknotes had slumped to the lowest level in 20 years.
AIM: Another firm bails out of listed status due to £250,000 admin costs April 17, 2024 Scirocco, an AIM-listed operation, will delist due to high admin costs and what it describes as limited flexibility on the public markets
Chapel Down: Record harvest helps UK’s biggest winemaker fizz to the top April 16, 2024 Chapel Down has reported record company sales for the year ended 31st December following a strong harvest.
International Paper beats Mondi offer in DS Smith bidding war April 16, 2024 Under the terms of the deal, DS Smith shareholders will receive 0.1285 International Paper shares.
Equals: Payments fintech doubles annual profit and eyes up further growth with M&A April 16, 2024 Payments fintech group Equals has more than doubled its annual profit on the back of rapid growth and international expansion.
Plus500 expects to outperform market expectations after strong start to 2024 April 16, 2024 The London-Israeli firm saw a 13 per cent jump in new customers compared to the same quarter last year, although the number of active customers dipped two per cent.
Leave London if UK markets are ‘unwilling or unable’ to engage, hedge fund tells Wood Group April 16, 2024 In the letter, which City A.M. has also seen, Sparta said it has been a shareholder in Wood since "early 2022," and during that time, the fund has been "frustrated by the continued underperformance of the shares."