FTSE 100 struggles on oil weakness, US tech sell-off and European Covid fears, AO’s nightmare before Christmas, and Pets at Home pepped up by pet boom

“A slump in the oil price as the US taps into its strategic reserves helped put the FTSE 100 on the back foot on Tuesday,”...

Tue, 23/11/2021 - 10:42


Caledonia Investments net asset value rises in H1 as equity markets climb

Caledonia Investments reported a rise in first-half net asset value total return in the first half of the year, driven by positive movement in global...

Tue, 23/11/2021 - 10:00


Telecom Plus profit falls in H1 on higher costs

Telecom Plus reported a fall in first-half profit as higher revenue was offset by rise in costs.

For the six months ended 30 September...

Tue, 23/11/2021 - 09:53


Svern Trent H1 profit rises on stronger performance in its services business

Water services company Svern Trent reported a rise in profit, led by stronger performance in its services business and higher consumption from non-household customers....

Tue, 23/11/2021 - 09:34


FTSE 100 falls as Biden renominates Jerome Powell as Fed Chair; AO World slumps

The FTSE 100 fell Tuesday as investors digested mixed trading updates from companies, while bets on sooner US rate hikes resumed after President Biden's renominated...

Tue, 23/11/2021 - 09:32


AO World warns on performance after swinging to H1 loss as supply chain woes bite

Online electricals retailer AO World warned on profit as supply chain woes and rising costs to weigh on performance in the run-up to the key...

Tue, 23/11/2021 - 08:37


Bodycote trims annual revenue guidance on weaker automotive outlook

Bodycote trimmed its outlook on annual revenue as expectations for a strong Q4 rebound automotive revenue wasn't expected to materialise.

For the four-month period...

Tue, 23/11/2021 - 08:28


Cranswick profit rises in H1 on amid ongoing 'elevated' demand

Food producer Cranswick reported a rise in profit in the first half of the year as ongoing 'elevated' retail demand offset reduced level of revenue...

Tue, 23/11/2021 - 08:16


Compass profit more than doubles, but sees FY22 progress weighted towards H2

Food services company Compass reported annual profit that more than doubled as cost cuts offset a fall in revenue owing to the due to the...

Tue, 23/11/2021 - 08:00


Pets at Home sees profit within top end of guidance as pet ownership continues to grow; hikes dividend

Pet supplies retailer Pets at Home said profit within the top end of market expectations following a jump in first profit as pet ownership continued...

Tue, 23/11/2021 - 07:50


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