FTSE edges higher as Taylor Wimpey pleases; Ashtead disappoints

UK stocks made modest gains in early trading on Tuesday after a bevvy of local companies released earnings results, including a pleasing update from Taylor...

Tue, 02/03/2021 - 08:32


Intertek sees recovery continuing in 2021 after annual profit falls on pandemic impact

Product testing and certification company Intertek reported a fall in profit owing to first-half drag on annual performance owing to the pandemic impact, but the...

Tue, 02/03/2021 - 08:28


Fresnillo profit jumps on rising precious metal prices

Mining giant Fresnillo reported a rise in annual profit as precious metal prices bolstered revenue and production remained 'broadly' stable.

The company said, however,...

Tue, 02/03/2021 - 08:17


Ashtead upgrades revenue on improved outlook in US

Equipment rental company Ashtead upgraded its full-year outlook as it forecast improving rental revenue following a fall in third-quarter profit on lower utilisation of its...

Tue, 02/03/2021 - 08:06


National Grid to base dividend growth on UK consumer price index

Power utility National Grid said it was changing its dividend policy, with growth in the payout from the 2022 financial year onward to be based...

Tue, 02/03/2021 - 08:00


AstraZeneca, FibroGen say FDA to review anaemia of chronic kidney disease drug application

Drugmakers AstraZeneca and FibroGen said the US Food and Drug Administration would meet with the Cardiovascular and Renal Drugs Advisory Committee to review the new...

Tue, 02/03/2021 - 07:55


Rotork profit edges back 1.6%; lifts dividend amid stronger margins

Industrial flow control group Rotork booked a 1.6% fall in annual profit after a slump in revenue was buffered by stronger margins.

Pre-tax profit for...

Tue, 02/03/2021 - 07:53


Flutter Entertainment touts strong start to 2021 after profit sinks in 2020 on TSG merger costs

Sports betting and gaming company Flutter Entertainment touted a strong start to the new year after reporting a slump in profit in 2020 as costs...

Tue, 02/03/2021 - 07:49


XP Power hikes dividend as annual profit jumps 49%

Power-control solution supplier XP Power booked a 49% jump in annual profit, driven by a recovery in the semiconducter sector and robust demand from healthcare...

Tue, 02/03/2021 - 07:48


Primary Health Properties acquires Irish care centre for €3.8m

Healthcare property investor Primary Health Properties said it had acquired a purpose-built primary care centre in Shankill, county Dublin, for a cost €3.8 million.

The...

Tue, 02/03/2021 - 07:41


Pages