Volex to acquire Turkish power cord maker in deal worth up to €62m

Manufacturing company Volex has agreed to acquire Turkish power cord maker DEKA in a deal worth up to €61.8 million.

Volex said the DEKA acquisition...

Thu, 12/11/2020 - 09:34


Grafton ups full year guidance after strong performance at DIY chain

Building supplies and garden centres business Grafton said the chain experienced 'exceptional growth' for the four months to the end of October due to very...

Thu, 12/11/2020 - 09:27


Rolls-Royce raises £1.9bn in rights issue

Rolls-Royce Holdings has raised £1.9 billion from a rights issue, selling 94% of the new shares it put on offer.

The aerospace company had aimed...

Thu, 12/11/2020 - 09:24


FTSE down despite ECB stimulus hint

The FTSE 100 index was down just over 1% this morning despite news that Europe's latest Covid-19 wave could be approaching a peak, and hints...

Thu, 12/11/2020 - 09:18


Marshalls' sales return to 2019 levels as domestic market bounces

Paving and landscaping specialist Marshalls has reported that its like-for-like sales returned to 2019 levels in the four months to the end of October as...

Thu, 12/11/2020 - 09:16


Hill & Smith ups guidance as boss announces departure

Street and roadside furniture manufacturer Hill & Smith lifted guidance for the full year after it said operating profit would be 'slightly ahead' of the...

Thu, 12/11/2020 - 09:13


National Express highlights continued revenue recovery in October

Transport company National Express reported a recovery in revenue in October, securing approximately 70% of the revenue it generated in the same month last year....

Thu, 12/11/2020 - 09:09


Spirent expects 'progress' in 2020 amid 5G demand

Technology company Spirent Communications said demand for 5G services continued to show strong growth in the third quarter of 2020.

The board said it 'remains...

Thu, 12/11/2020 - 08:59


'I'm a Celebrity' to get ITV out of ads hole

The UK's largest free-to-air broadcaster ITV said it expected total advertising revenue to be up in the fourth quarter year-on-year after it rebounded from the...

Thu, 12/11/2020 - 08:56


Discount retailer B&M sees profits almost double

Discount retailer B&M European Value Retail, reported a 95% rise in first half core earnings as its low prices and out-of-town stores chimed with consumers...

Thu, 12/11/2020 - 08:40


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