Trustpilot: Shares spike as review site benefits from snowballing user and business adoption March 18, 2025 Review platform Trustpilot has reported a double-digit increase in revenue and earnings as business adoption and brand awareness “fuel the flywheel”. Its share price rose more than 13 per cent in early trades. The company told markets this morning that revenue rose 19 per cent in the year ended December 31, to $210m (£161m) from [...]
H&T: Pawnbroker boosted by gold price and demand for quick cash March 18, 2025 H&T has reported a double-digit rise in profit driven by demand for its core pawnbroker service as Brits continue to look for quick cash amid a high cost of living. The business told markets this morning that profit before tax reached £29.1m in the year ended December 31, 2024, up 10 per cent year on [...]
Savills: Shares continue month-long slide despite strong results March 13, 2025 Savills has reported a huge uptick in profit, although its investment management arm suffered last year on high interest rates. The FTSE 250-listed firm told the market this morning that revenue increased by seven per cent in the year ended December 31, reaching £2.4bn from £2.24bn in 2023. Underlying profit before tax rose 38 per cent [...]
Deliveroo reports first full year of profit March 13, 2025 A bump in the number of people ordering takeaways and groceries in the UK and Ireland helped Deliveroo swing to a profit last year. The food delivery company told markets this morning that gross merchandise value (GTV) increased by five per cent to £7.4bn in the year ended December 31, up from £7bn last year. The [...]
John Lewis scraps staff bonus again despite tripling profit March 13, 2025 The John Lewis Partnership has scrapped its staff bonus for the third year in a row despite a near-tripling in profit. The company, which owns both John Lewis and Waitrose, told markets this morning that profit before tax increased from £42m to £126m over the 52 weeks to 25 January. Overall sales rose three per [...]
The Gym Group: Revenue shoots up as growth plan gathers steam March 12, 2025 The Gym Group has reported a boost in revenue and profit as its ‘Next Chapter’ growth plan, launched in 2023, continues to pay off. The London-listed firm, which has more than 250 locations across Britain, reported a pre-tax profit of £3.6m in the year ended December 31, 2024, up from a pre-tax loss of £5.5m in [...]
London Stock Exchange owner downplays extent of listing exodus February 27, 2025 The owner of the London Stock Exchange dismissed the gloom that is plaguing London’s public markets, pointing to its solid performance relative to European counterparts. Speaking alongside his firm’s full-year results, David Schwimmer, the veteran boss of the London Stock Exchange Group (LSEG), reiterated his view that UK IPOs would pick up this year, saying [...]
Just Eat shares rise 50 per cent on £3.3bn Prosus deal February 24, 2025 Global tech firm Prosus has made an offer to acquire Just Eat Takeaway.com for £3.3bn. The Amsterdam-based firm said it intends to launch the offer “as soon as practically possible”, which the company said was likely to be in the second quarter. The deal is expected to be completed by the end of the year. [...]
EG Group: From a Bury service station to a $13bn IPO January 14, 2025 EG Group is set to end 24 years as a private company with a $13bn float on the New York Stock Exchange, according to reports. Co-founder of EG Group and current non-executive, Zuber Issa, told the Sunday Times that “the road map is starting now” on an IPO, with the float expected to complete this [...]
Raspberry Pi shows London’s public markets are still sweet September 24, 2024 Investors woke up to a sweet surprise from Raspberry Pi on Tuesday, as the computer maker’s first post-IPO report topped expectations. The British tech darling posted a 47 per cent rise in gross profit and a 56 per cent growth in adjusted earnings (EBITDA) for the first half of the year, driven by the sale [...]