XP Power swings to annual profit but order intake slows down

XP Power Ltd on Tuesday described 2023 as ‘a challening year’, with its order intake stagnating despite increased revenue.

The Singapore-based power control systems manufacturer reported...

Tue, 05/03/2024 - 14:35


IN BRIEF: Bezant Resources extends funding facility repayment

Bezant Resources PLC - explorer and developer focused on a pipeline of copper and gold projects in Africa, South America and Southeast Asia - Confirms...

Tue, 05/03/2024 - 14:19


Petrofac progresses talks and non-core asset sales amid ongoing review

Petrofac Ltd on Tuesday said ‘active’ discussions are progressing with its stakeholders as part of its ongoing review of its strategic and financial options.

These stakeholders...

Tue, 05/03/2024 - 14:18


Reach annual profit and revenue drop on lower digital and print sales

Reach PLC on Tuesday reported a decline in its full-year revenue and profit.

Shares in Reach jumped 13% to 67.20 pence each in London on...

Tue, 05/03/2024 - 14:17


Headlam blames macro, industry headwinds as annual profit drops

Headlam Group PLC on Tuesday reported decreased revenue and profit for 2023, and lowered its total dividend.

The Birmingham, England-based floor coverings distributor said pretax profit...

Tue, 05/03/2024 - 14:07


CEVA Logistics will not increase takeover offer for Wincanton

Wincanton PLC on Tuesday said that CEVA Logistics UK Rose is not increasing its takeover offer, amid rival bids.

Wincanton shares were down 4.2% to 598.00...

Tue, 05/03/2024 - 13:59


IN BRIEF: STV Group CEO Simon Pitts plans to step down

STV Group PLC - Glasgow-based television broadcaster and content producer - Chief Executive Officer Simon Pitts says he will step down over the next twelve...

Tue, 05/03/2024 - 13:58


IN BRIEF: Somero revenue and profit drop but keeps positive outlook

Somero Enterprises Inc - Fort Myers, Florida-based laser-guided concrete levelling machinery company - Says revenue in 2023 fell 9.7% to $120.7 million from $133.6 million...

Tue, 05/03/2024 - 13:58


IN BRIEF: Beeks Financial Cloud hails £5 million customer win

Beeks Financial Cloud Group PLC - Glasgow-based cloud computing and connectivity provider - Notes a ‘significant’ customer win. Beeks says ‘has achieved preferred cloud computing...

Tue, 05/03/2024 - 13:28


IN BRIEF: Firering Strategic Minerals seals Atex drilling programme

Firering Strategic Minerals PLC - Exploration company focused on lithium and coltan projects in West Africa - Completes 3,000 metre reverse circulation drilling campaign at...

Tue, 05/03/2024 - 13:28


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