News And Announcements
Pantheon Intl. says volatility has impacted discount to NAV per share
Analysts at Pantheon International reported just a dip in the business's net asset value during the month of March.
Colgate-Palmolive beats Q1 forecasts but cuts FY guidance
Colgate-Palmolive delivered a mixed earnings report on Friday as it beat analysts' forecasts with quarterly profits and simultaneously lowered its full-year outlook.
M&S suspends online orders after cyber incident
Shares in Marks & Spencer fell after the retailer said it would suspend taking online orders in the UK and Ireland due to a recent cyber incident.
Mobico tanks 40% on warning profit will hit lower end
The value of UK transport company Mobico was almost halved on Friday after a warning that annual earnings would be at the lower end of guidance, completely overshadowing the sale of its North America school bus business to I Squared Capital for up to $608m (£457m).
Number of UK firms in 'critical' financial distress has surged, says Begbies Traynor
Corporate restructuring specialist Begbies Traynor saw a double-digit annual increase in the number of UK businesses in a "critical" state in the first quarter of 2025, as firms felt the pressure ahead of impending tariff and tax changes.
Government and regulators slammed over water industry failings
The public spending watchdog has slammed both government and the UK’s water regulators, claiming they have failed to drive sufficient investment in the ailing sector.
Accor impresses with strong Q1 revenue growth
Shares in Accor were rising strongly in Paris on Friday after the French hotel group reported solid increase in first-quarter revenues and reaffirmed its mid-term growth outlook despite a "volatile" environment.
Shell to exit three offshore projects in Colombia
Shell is to exit three of its co-owned offshore gas projects in Colombia after just four years as they no longer meet the company's "strategic ambitions".
Alphabet results beat forecasts, shares jump
Shares in Google-parent Alphabet sparked on Friday, after quarterly earnings at the US tech giant beat expectations.
Quarterly sales slide at WPP, full-year outlook unchanged
WPP reiterated its full-year outlook on Friday, despite seeing quarterly sales slide amid mounting macroeconomic uncertainty.
Unilever holds guidance after Q1 sales beat; Sees 'limited' tariffs hit
Unilever said it expected a “modest” improvement in full-year underlying operating margin and reaffirmed its annual outlook after better-than-expected first quarter sales growth driven by price hikes, adding that the impact of US tariffs would be “limited and manageable”.
Asos beats forecasts, will respond 'flexibly' on US tariffs
UK fast-fashion retailer Asos posted interim earnings ahead of expectations and said it would be “flexible” with sourcing and distribution to handle the impact of US tariffs.
Sales tumble at Gucci-owner Kering
Shares in French luxury group Kering came under pressure on Thursday, after first-quarter sales at disappointed.
GB Group reports solid trading, warns of macro risks
GB Group reported a solid trading performance for the year ended 31 March on Thursday, with group revenue rising to around £283 million, representing 3% constant currency growth, although it warned of macroeconomic uncertainty affecting it in the short-term.
Somero reports weak quarter, revises guidance downwards
Somero Enterprises reported weaker-than-expected trading in the first quarter on Thursday, as elevated interest rates and growing macroeconomic uncertainty weighed on capital investment decisions in its core US non-residential construction market.
Brickability flags forecast-busting full-year result
Brickability Group said in an update on Thursday that full-year performance for the period ended 31 March was expected to exceed market expectations, supported by strong trading momentum in the second half.
RWS adjusted profit falls, shares slide
RWS Holdings reported modest organic growth in the first half of its 2025 financial year on Thursday, with revenue rising 1. 3% on a constant currency basis, although falls in reported revenue and adjusted profit saw its shares slide.
CVS Group sells crematorium operations in £42m deal
CVS Group announced on Thursday that it has agreed to sell its crematorium operations to Anima Care UK, a subsidiary of the European funeral services group Funecap, for £42. 4m in cash.
Filtronic secures ESA 5G satellite programme contract
Filtronic has secured a new contract to support the development of next-generation space-based communications technology, it announced on Thursday, as part of the European Space Agency and Viasat’s Direct-to-Device (D2D) initiative.
Molten Ventures reports solid full-year performance
Molten Ventures reported a solid performance for the financial year ended 31 March on Thursday, with unaudited net asset value per share rising to 671p from 662p a year earlier.