Precision instrument maker Spectris experienced a slower first start to the year than expected, it announced in its quarterly update. The company said sales had been “softer than expected” pointing …
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Ti Fluids reports lower sales on electric vehicle headwinds
Fluid storage provider TI Fluid has announced a slight decline in revenue of 0.4 per cent but a 6 per cent rise in total bookings to £586mn. The company engineers …
Wizz Air loses ground on Ryanair as Pratt & Whitney engine issues weigh on passenger numbers
Wizz Air passenger numbers fell for the first time this year as issues with its Pratt & Whitney-manufactured engines hit capacity. Some 4.9m passengers flew with Wizz in April, down …
International Personal Finance makes strong start to year despite Poland difficulties
Consumer credit provider International Personal Finance (IPF) has posted a strong first-quarter performance thanks to good customer repayment rates and high credit quality. The firm, which is headquartered in Leeds …
Facebook and ‘major platforms’ still causing headaches for Mirror publisher Reach
The de-ranking of news on Facebook and “major platforms” has continued to cause trouble for the publisher of Daily Mirror and Express papers, hitting its online views. Reach posted a …
Grafton revenue falls but group expects boost from Irish housebuilding blitz
Revenue at building materials distributor Grafton fell five per cent in the first quarter of 2024 to £669.2mn, down from £704.3mn. Grafton attributed the change to “prevailing macroeconomic conditions” as …
Revenue and sales down at SIG ahead of annual meeting
Construction supplier SIG has blamed “challenging market conditions” for a further fall in sales and revenue from 1 January to 30 April. The firm, which updated markets ahead of its …
Hiscox: UK business in ‘growth mode’ as hard market continues
Lloyd’s of London insurer Hiscox has grown its written premium by 8.3 per cent as the FTSE 250 carrier shrugged off a contraction in its London market. The firm said in …
Hostelworld bets on ex-Will Hill boss as chair amid strong trading
Hostelworld Group, a booking service for hostels around the world, has named its new chair and announced an earlier-than-planned repayment of a debt facility thanks to strong trading ahead of …
Shell unveils another bumper buyback as profit jumps
FTSE 100 giant Shell has today reported a 15 per cent jump in earnings before interest, tax, deprecation and amortisation (EBITDA) for the first quarter. In its trading update for …