Covid-19 crisis hits Meggitt's 2020 revenues

International engineering company, Meggitt, has seen its 2020 group revenue plunge 22% to £1,684 million - a direct result of the impact Covid-19 has had...

Thu, 04/03/2021 - 09:07


Futura Medical signs licensing deal for sale of erectile dysfunction treatment in China, South East Asia

Pharmaceutical company Futura Medical said it had entered into a licensing agreement with Pride Century Ventures to allow the latter to exclusively develop and commercialise...

Thu, 04/03/2021 - 09:05


Investors fail to take a shine to Fresnillo

“UK-based investors do not seem to the share r/WallStreetBets community’s interest in silver and silver miners, judging by the muted response to Fresnillo’s full-year...

Thu, 04/03/2021 - 08:49


John Laing swings to loss on challenging in renewable energy portfolio; ups divi

Infrastructure investor John Laing swung to a loss in 2020 amid challenges in its renewable energy portfolio.

For 2020, pre-tax loss was £65 million from...

Thu, 04/03/2021 - 08:48


Melrose Industries reports 20% fall in revenue

Melrose Industries has reported a near 20% fall in revenue for 2020 - a direct result of the Covid-19 crisis.

The group made an...

Thu, 04/03/2021 - 08:16


Admiral annual profit up 20% as motor claims fall amid lockdowns

Insurance company Admiral reported that annual profit rose by a fifth as claims frequency fell as people drove less during lockdowns.

For 2020, pre-tax profit...

Thu, 04/03/2021 - 08:12


B&M European Value Retail upgrades outlook amid 'strong' revenue, margins

Variety goods value retailer B&M European Value Retail upgraded its outlook on performance as revenue and margin remained 'strong' year to date.

The company now...

Thu, 04/03/2021 - 08:05


Chemring flags stronger pound headwind, but maintains annual guidance

Defence company Chemring said performance since the onset of the current financial year had been as expected for both its sectors, though flagged a potential...

Thu, 04/03/2021 - 08:01


Coats annual profit falls on Covid-19 impact; reinstates dividend

Coats reported a fall in annual profit owing to the impact of the pandemic, but the thread manufacturer reinstated its dividend, citing an 'encouraging' recovery....

Thu, 04/03/2021 - 07:56


Schroders AUM reaches record high despite difficult 2020

Schroders Plc has seen a small increase in pre-tax profits, rising to £702.3 million in 2020 from £701.2 million the year prior.

The asset...

Thu, 04/03/2021 - 07:48


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