Royal Mail forecasts material loss; says won't be profitable without 'substantial' change

Royal Mail upgraded its annual revenue expectations as the Covid-19 crisis drove a spike in demand for parcels, but warned that poor letter volumes and...

Tue, 08/09/2020 - 07:58


Experian upgrades outlook on second-quarter revenue following stronger trading

Information services company Experian upgraded its outlook on second-quarter performance following stronger trading in July and August.

For the three months ending 30 September...

Tue, 08/09/2020 - 07:58


Genus ups dividend as stronger porcine sales boost profit

Animal genetics company Genus raised its dividend after reporting a rise in profit, led by 'excellent performance' in its porcine sales business.

For the...

Tue, 08/09/2020 - 07:52


Travis Perkins swings to first-half loss; Wickes demerger still on hold

Builders' merchant Travis Perkins swing to a first-half loss and scrapped its dividend following a slump in construction activity caused by the Covid-19 crisis.

Pre-tax...

Tue, 08/09/2020 - 07:45


Ashtead sees annual revenue down mid-to-high single digits; profit falls 38% in Q1

Tool hire company Ashtead said baring a second wave of Covid-19 leading to market shutdowns, it expected full-year revenue to be down mid-to-high single digits...

Tue, 08/09/2020 - 07:43


Oxford Instruments revenue slips 2% as pandemic weighs

Technology provider to industrial companies and science researchers Oxford Instruments said its revenue had fallen 2% in the first five months of the year, owing...

Tue, 08/09/2020 - 07:37


JD Sports reinstates full-year guidance; profit falls in H1 on virus impact

Sports fashion retailer JD Sports reinstated full-year guidance following improved performance since stores re-opened. The company also reported a fall in profit as shuttered stores...

Tue, 08/09/2020 - 07:34


Vistry swings to first-half loss; offers upbeat outlook

House builder Vistry swung to a first-half loss after lockdowns hit construction markets, though it said production levels were now back to near normal levels....

Tue, 08/09/2020 - 07:33


Signature Aviation swings to loss and scraps dividend; expects better second half

Aviation services provider Signature Aviation swung to a first half loss after the Covid-19 crisis grounded many of its clients aircraft.

Pre-tax losses for the...

Tue, 08/09/2020 - 07:23


EasyJet expects to fly 'slightly less' than planned Q4 capacity as latest quarantine measures bite

Budget airline easyJet said it expected to fly 'slightly less' than the 40% of planned capacity for the fourth quarter of 2020 as government restrictions...

Tue, 08/09/2020 - 07:22


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