Indivior, the opioid dependence treatment maker has today said it will start consultations with shareholders on plans to shift its primary listing to the US in yet another blow to …
Financial Planning
Safestore Holdings: Revenue slips amid ‘challenging economic environment’
Safestore Holdings, the UK’s largest provider of self storage containers, saw revenue slip in the first quarter citing a “challenging economic environment.” In an update, the FTSE 250 firm which …
Hikma shares spike after pharma giant’s profit up 30 per cent
Pharmaceuticals giant Hikma’s share price spiked on Thursday after reporting a 30 per cent increase in profit, but it expects them to be slightly lower in 2024 than last year. …
Gymshark: Profits continue to fall despite surge in sales
Profits continued to fall at Gymshark during its latest financial year despite its sales surging past £550m, newly-filed documents have revealed. The Solihull-headquartered business posted pre-tax profits of £13m for …
Hydrogen power firm Geopura to create hundreds of jobs after £56m investment
Hydrogen power company Geopura has secured a £56m investment which will help create hundreds of jobs, it has been announced. The Newcastle upon Tyne-headquartered business has received £30m from the …
Nestle: Kit Kat and Nescafe maker’s sales below par as inflation hits demand
Nestle, the Kit Kat and Nescafe coffee maker, reported lower than expected sales for the full year, as high inflation continued to impact customer demand. In an update, the Swiss …
Lloyds announces record annual profits but sets aside £450m for FCA motor finance probe
Lloyds Banking Group has reported an uptick in annual profits on the back of higher interest rates while setting aside £450m for an FCA motor finance probe. The group also …
Hargreaves Lansdown reaps cash interest reward as market growth pushes up assets under new CEO
Hargreaves Lansdown reported market growth and interest from cash push its assets under administration for the firm up to £142.2bn. Market growth pushed up assets by £7.2bn for the firm …
Diamond slump weighs on Anglo American’s profits
The chief executive of embattled miner Anglo American has today said a “value over volume approach” will help his firm get back on track after profits plummeted last year. The …
Rolls-Royce: Profits more than double at British engineering and defence giant
Rolls-Royce profits more than doubled last year alongside record free cash flow, as engineering giant’s new chief executive led a remarkable turnaround. Underlying operating profit jumped to £1.6bn from £652m, …