London insurance giant Legal and General said it would take a “fresh perspective” today after the firm missed market expectations and post-tax profit slumped over the past year. In its …
March 2024
Premier Foods: £33m windfall after suspending pension deficit payments early
Premier Foods will swoop in for a £33m windfall after reaching a deal with the trustee of its pensions scheme to suspend deficit contribution payments next month. The retail giant …
Nichols: Costs take a bite out of Vimto maker’s earnings
Vimto maker Nichols said it is continuing to trade in line with expectations despite posting an 8.1 per cent decline in earnings before interest, taxes, depreciation, and amortisation (EBITDA). This …
Telecom Plus has no plans to slow down after signing up millionth customer
Multi-service internet and insurance firm Telecom Plus has passed a million customers on its books – and its boss has eyes on doubling that number in the years ahead. The …
Production up, revenue down as Tullow Oil hit by oil price correction
Tullow Oil has returned to results reporting season with a bump with falls in revenue, profit and adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) despite production increases. The …
Quilter reports growth as bosses celebrate hitting cost-cutting targets early
Quilter reported that the firm’s cost-saving measures were successfully being implemented ahead of target as the firm managed to cling onto net inflows in its 2023 results. Assets under management …
Rathbones sees higher outflows as Investec Wealth merger ‘progressing well’
Fund manager Rathbones has said its landmark merger with Investec Wealth & Investment (IW&I) is “progressing well” as it posted higher outflows and a dip in profits. Investec announced in …
Breedon builds on bumper year with major acquisition in US
Construction and infrastructure materials supplier Breedon has reported record revenue and announced a blockbuster acquisition that expands the firm’s US footprint. The supplier today said that revenue came in at …
LSL Property Services raises expectations as mortgage market improves
LSL Property Services, one of the largest providers of mortgage and valuation services, appears to be on the up, following an improvement in the UK’s housing and mortgage market. In …
Is FC Barcelona’s plan to ditch Nike for in-house kits the future or just posturing?
If club president Joan Laporta gets his way, the FC Barcelona brand could really be about to become – as they are fond of saying – “mes que un club”. …