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By: Express KCS

All 29418 Articles
  • John Laing ups asset value as profit slumps

    August 28, 2015

    JOHN Laing made a solid start to life as a listed company, yesterday revealing a 6.6 per cent increase in net asset value. Overall net asset values rose to £822m from £771m six months earlier, giving an NAV of 224p per share. But currency headwinds cost the group’s portfolio £21m in value and contributed to [...]

  • Strong UK economy lifts profit at Hays as higher wages aid fees

    August 28, 2015

    PROFESSIONAL recruiter Hays saw a 17 per cent increase in its profit in the year ended 30 June compared with the previous 12 months, the company said yesterday. Pre-tax profit came in at £161.1m despite a £9.4m dent due to unfavourable exchange rates, notably a weaker euro. It saw a 74 per cent surge in [...]

  • Bouygues sees better outlook for telecom ops

    August 28, 2015

    FRENCH conglomerate Bouygues, which reported a €42m (£31m) loss for the first half of 2015, raised the outlook for its telecoms business and said construction operations are performing well. While the group swung into the red from a €378m profit in the same period last year, its second-quarter performance improved, moving from a group loss [...]

  • Jurassic World boosts first-half profit at Odeon and UCI Cinemas

    August 28, 2015

    Odeon and UCI Cinemas yesterday unveiled a blockbuster rise in first-half revenue and earnings, thanks to box-office smashes such as Jurassic World. The cinema chain, owned by the Terra Firma private equity firm, saw its core earnings more than double to £37.3m, while revenue increased by 17.1 per cent to £348.7m. Attendance rose 13.8 per [...]

  • GVC down but not out in duel for Bwin.party

    August 28, 2015

    888’S lead position in the battle for online gaming giant Bwin.party was thrown into doubt yesterday when the takeover target asked rival bidder GVC to finalise its best offer. Sportingbet owner GVC appeared to have fallen out of the running after Bwin.party accepted a £900m cash and share deal from 888 in July. But GVC [...]

  • Total reaches £585m deal to sell North Sea oil and gas assets

    August 28, 2015

    French oil major Total plans to rid itself of £585m of its North Sea assets to North Sea Midstream Partners.   The company is selling all of its interests in the Fuka and Sirge gas pipelines and the St. Fergus gas terminal. The Fuka pipeline, in which Total has a 100 per cent operated interest, [...]

  • Revenue and earnings fall at STV Group

    August 28, 2015

    SCOTTISH media group STV posted a slump in first-half revenues and earnings, blaming the drop on seasonal fluctuations and start-up losses at its Glaswegian TV offering. Shares of the FTSE Fledgling-listed firm slumped 4.76 per cent to 445p yesterday after the results were announced. Revenue fell two per cent to £53.6m and core earnings fell [...]

  • Amec Foster Wheeler profits drop amid challenging markets

    August 28, 2015

    SLUMPING oil markets helped push Amec Foster Wheeler’s pre-tax profit down 12 per cent to £73m in the six months to 30 June. The company, which provides engineering and project management services for the oil industry, said first-half profit before interest and tax dropped 24 per cent to £188m. The group said it expects “challenging [...]

  • Profits double at Aldermore as lending grows

    August 28, 2015

    The Chief executive of Aldermore yesterday shrugged off the impact of UK tax changes on the challenger bank’s growth trajectory, as the firm revealed that it more than doubled profit in the first half of the year.    The six-year-old bank beat expectations with an underlying pre-tax profit of £44m as it issued more mortgages [...]

  • What economic crisis? UK consumer confidence jumps to 15-year high

    August 28, 2015

    Consumer confidence has jumped back to a 15-year high in the UK, according to a widely-regarded survey published this morning. The positive numbers come on the back of upbeat data from the other side of the pond. American GDP grew at an annual pace of 3.7 per cent in the second quarter, official figures said [...]

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