Alpha Global Alpha invests €2m in artificial intelligence company

Alpha Global Alpha's Apax Digital Fund said it had invested about €2 million in Faculty, a British artificial intelligence company.

The investment, part of...

Tue, 25/05/2021 - 07:51


Tufton Oceanic acquires two carries for combined $23.2m

Shipping group Tufton Oceanic Assets said it had agreed to acquire a chemical tanker for $9.8 million and a handysize bulk carrier for $13.4 million....

Tue, 25/05/2021 - 07:49


Big Yellow annual profit jumps on boost from revaluation gains

Self-storage group Big Yellow reported that annual profit owing to higher revaluation gain on investment properties.

For the year ended 31 March 2021, pre-tax...

Tue, 25/05/2021 - 07:49


Speedy Hire profit drops 21%; reinstates dividend as demand recovers

Equipment and plant hire company Speedy Hire booked a 21% drop in annual profit but resumed its dividend, citing a strong recovery in the second...

Tue, 25/05/2021 - 07:44


Hill & Smith makes good start to year as revenue rises 10% in first four months

Infrastructure and safe transport group Hill & Smith said it was had made a good start to the year as revenue rose 10% in the...

Tue, 25/05/2021 - 07:43


Avon Rubber hikes dividend after swinging to H1 profit; plans name change in H2

Defence equipment maker Avon Rubber hiked its interim dividend after swinging to a first-half profit amid 'significant' growth in its respiratory protection business.

For the...

Tue, 25/05/2021 - 07:40


Ted Baker secures debt extension with amended covenants

Fashion retailer Ted Baker said it had secured an extension to its revolving credit facility with its existing lending syndicate to November 2023 with amended...

Tue, 25/05/2021 - 07:38


Mothercare forecasts small annual operating profit, even as sales slump

Infant merchandise retailer Mothercare said it expected to report a small underlying operating profit for the full year, even as its sales slumped 40%.

The...

Tue, 25/05/2021 - 07:33


Electrocomponents annual profit falls as lower margins bite

product and service solutions company Electrocomponents reported a fall in annual profit as lower margins offset a rise in revenue.

For the year ended...

Tue, 25/05/2021 - 07:32


Aveva annual profit slides as pandemic impact in H1 weighs

Software group Aveva reported a fall in annual profit as revenue fell following pandemic-led disruptions in first half of the year.

For the year...

Tue, 25/05/2021 - 07:26


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