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    IAG: British Airways owner hits £3bn profit and boss says plenty more to come

    February 29, 20240261 views

    British Airways owner IAG reported a record €3.5m (£3bn) operating profit in its full-year results this morning after travel demand boomed in 2023. The number was nearly triple last years’…

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    West End landlord Shaftesbury Capital cheers low vacancy rates in boost for London

    February 29, 20240262 views

    West End landlord Shaftesbury Capital reported positive earnings and low vacancy rates during the full year. In a trading update, the group, which owns 2.9 million square feet of lettable…

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    Low wind speeds hit Greencoat UK Wind’s portfolio

    February 29, 20240258 views

    Schroders-run investment trust Greencoat UK Wind saw its net asset value drop slightly over the last year, as the trust struggled with a drop in wind speeds and lower power…

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    ‘We are far from done’: Spectris CEO hails ‘excellent’ year as sales near £1.5bn

    February 29, 20240222 views

    Revenue neared £1.5bn at Spectris, the supplier of precision instrumentation and controls, during 2023 with its chief executive hailing the company’s “excellent progress”. The London-headquartered company has reported a revenue…

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    Hedge fund group Man sees assets under management swell to a record, announces new buyback

    February 29, 20240278 views

    Man Group, the world’s largest publicly listed hedge fund, has hit a record in assets under management despite a sharp fall in annual profits on lower performance fees. The firm’s…

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    Haleon reports single-digit growth in revenue after year of disposals

    February 29, 20240243 views

    British consumer healthcare company, Haleon, revenue has single-digit growth of over 2023 as the company generated £11.3bn, in a year that saw it make several disposals. Its revenue went up…

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    Sirius Real Estate continues to expand with acquisition of another German business park

    February 29, 20240266 views

    Industrial park and flexible workspace provider Sirius Real Estate has acquired a new site in Germany for almost £12m. The London-based company has snapped up a business park in Klipphausen, near…

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    Weir Group: Mining tech giant buffs lagging sector with strong returns

    February 29, 20240348 views

    Mining technology firm Weir Group has seen profits leap by nearly 20 per cent on the back of what the chief executive described as “positive mining production trends”. The Glasgow-based…

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    Schroders profits slide in ‘one of the most challenging years of recent times’

    February 29, 20240282 views

    Schroders reported a slide in profits today as it booked a heavy restructuring bill last year and weathered “one of the most challenging years” for money managers “in recent times”.…

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    CVS revenue shoots up 11.4 per cent following international expansion

    February 29, 20240257 views

    Veterinary services group CVS saw revenues shoot up 11.4 per cent over the last six months, as the group made its first international acquisitions. In the group’s interim results covering…

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