Smith & Nephew’s half year results showed a more-than 20 per cent lift in its operating profits as the group credited its 12-point plan at becoming a “more profitable business”. …
Financial Planning
Pets at Home: Revenue ticks up amid difficult year
Revenue at Pets at Home rose in the first quarter as consumers started to spend more, which the London-listed retail company will take as a welcome sign after a severe …
Wizz Air shares nosedive as engine troubles hammer profits
Wizz Air’s profit collapsed in the first three months of its financial year as issues with its Pratt and Whitney-manufactured engines grounded scores of its planes. Operating profit at the …
Robert Walters insists 2024 ‘not a lost year’ despite tumbling profit
Recruiter Robert Walters has insisted that 2024 is not a lost year despite posting another set of results dominated by tumbling profit and and fees. The London-listed recruitment firm, which …
Mondi unpacks jump in revenue as firm looks to make up ground
Things are looking up for sustainable packaging giant Mondi as its shares jumped by almost 15 per cent in early deals this morning after the company published its results for …
City warns over punishing impact of capital gains tax raid
City bosses have sounded the alarm on a hike in capital gains tax (CGT) today as Rachel Reeves rolls the turf for a sweeping round of tax raids at her …
Schroders’ assets reach new high as profit remains steady
Schroders saw assets under management hit a new high of £773bn, as the company prepares to make a mark in the private capital space. In the asset manager’s half-year results, …
Shell kicks off $3.5bn share buyback as earnings beat expectations
Shell kicked off a $3.5bn share buyback programme today as it posted better-than-expected numbers for the second quarter despite a previously announced $2bn (£1.6bn) impairment and a slide in revenues. …
Barclays announces £750m buyback after beating expectations
Barclays joined other lenders in announcing sizeable returns to shareholders after performing ahead of expectations in the second quarter. In the three months to June, Barclays reported a pretax profit …
Harland and Wolff: Titanic shipbuilder staves off collapse after securing emergency £20m loan
Crisis-hit Harland and Wolff has secured an additional £19.5m from its US lenders as it battles to stave off administration. The Belfast shipyard, which built the Titanic, said it had …