On the Beach sinks to loss as Covid-19 smashes tourism sector

Online travel agent On the Beach swung to a first-half loss after the Covid-19 crisis hammered international tourism markets.

Pre-tax losses for the six months...

Tue, 30/06/2020 - 09:00


Broker Forecast - JP Morgan Cazenove issues a broker note on Weir Group PLC

JP Morgan Cazenove today reaffirms its neutral investment rating on Weir Group PLC (LON:WEIR) and raised its price target to 1100p (from 950p).

Broker Forecasts...

Tue, 30/06/2020 - 09:00


CloudCoCo narrows losses as focus on multi-year contracts bolsters revenue

IT and communications services provider CloudCoCo narrowed losses as a shift to prioritise longer-term contracts bolstered revenue.

For the six months ended 31 March...

Tue, 30/06/2020 - 08:58


Robinson reinstates dividend after sales rise 5% in first half

Packaging group Robinson reinstated its dividend after its operating profits increased in the first half, amid a rise in sales and continued improvement in margins....

Tue, 30/06/2020 - 08:49


Driver Group reports higher profit as cost cuts boost margin

Engineering consultancy Driver Group reported a rise in half-yearly profit as cost cuts helped ease a dip in revenue.

For the six months ended...

Tue, 30/06/2020 - 08:47


UK stocks fall 0.4% as Leicester lockdown stokes Covid resurgence fears

UK stocks opened lower on Tuesday after fears of a resurgence of Covid-19 cases were reinforced by new lockdown measures, including in the UK city...

Tue, 30/06/2020 - 08:35


Civitas Social Housing profit jumps on rise in net rental income

Care-based housing and healthcare REIT Civitas Social Housing reported a sharp rise in profit as net rental income increased by more than a quarter.

For...

Tue, 30/06/2020 - 08:34


Attraqt says Covid-19 impact slowed new bookings. but pipeline remains 'healthy'

E-commerce services provider Attraqt group said that while increased uncertainty during the pandemic had slowed new bookings, its pipeline remained 'healthy.'

'A number of retailers...

Tue, 30/06/2020 - 08:23


Broker Forecast - Peel Hunt issues a broker note on Redrow PLC

Peel Hunt today reaffirms its buy investment rating on Redrow PLC (LON:RDW) and cut its price target to 675p (from 925p).

Broker Forecasts data provided...

Tue, 30/06/2020 - 08:10


Henry Boot seeks to bring employees off furlough; warns of delay in disposals

Property developer and investor Henry Boot said it would bring a 'significant' number of employees off furlough amid an increase in activity since resuming operations....

Tue, 30/06/2020 - 08:01


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