Weir posts deep annual loss after North America oil division writedown

Engineering company Weir swung to a deep annual loss after it wrote down the value of its North American oil and gas business.

Pre-tax losses...

Wed, 26/02/2020 - 08:07


Augean swings to loss as legal costs from landfill tax dispute keep lid on growth

Waste management businesses Augean swung to an annual loss as a rise in revenue was offset by legal costs as the company disputed an outstanding...

Wed, 26/02/2020 - 08:02


Broker Forecast - Peel Hunt issues a broker note on Northgate PLC

Peel Hunt today reaffirms its buy investment rating on Northgate PLC (LON:NTG) and cut its price target to 400p (from 450p).

Broker Forecasts data provided...

Wed, 26/02/2020 - 08:00


Unite lifts dividend 14% as rental income boosts adjusted profit

Student accommodation developer Unite swung to a full-year loss owing to costs associated with an acquisition, though its underlying performance improved on higher rental income....

Wed, 26/02/2020 - 07:54


Avingtrans half-yearly profit halves on weakness in Energy Steel and Booth businesses

Medical and energy engineering company Avingtrans said half-year profit halved as performance was hurt by weakness from the acquired Energy Steel and Booth businesses....

Wed, 26/02/2020 - 07:53


SSP takes up to £5m coronavirus profit hit in February

Travel location convenience store group SSP warned that the ongoing coronavirus outbreak had taken a £5m chunk out of its operating profit, as footfall plunges...

Wed, 26/02/2020 - 07:48


Eddie Stobart Logistics losses jump on asset writedowns

Logistics company Eddie Stobart Logistics reported a sharp increase in half-yearly losses as revenue growth was offset by asset writedowns. The company also warned of...

Wed, 26/02/2020 - 07:44


Restaurant Group swings to loss on writedowns; suspends dividend

Wagamama and Garfields owner Restaurant Group swung to a full-year loss after it wrote down the value of is assets, citing a 'chronic overcapacity' in...

Wed, 26/02/2020 - 07:40


Serco reinstates dividend after achieving 'escape velocity' from missteps

Security services company Serco booked an 8.9% rise in annual profit and reinstated its dividend after contract wins helped it boost its revenue.

Pre-tax profit...

Wed, 26/02/2020 - 07:27


Avast profit jumps amid growth in consumer direct desktop business

Cybersecurity company Avast reported a jump in profit driven by growth in its consumer direct desktop business.

For the year ended 31 December 2019, pre-tax...

Wed, 26/02/2020 - 07:19


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