Yew Grove REIT collects 97% of second-quarter rent

Irish commercial property investor Yew Grove REIT said it had collected 97% of due rent for the second quarter of 2020, exceeding expectations stated in...

Fri, 05/06/2020 - 07:51


LSL Property Services profit falls in April after solid first quarter

Property services provider LSL Property Services said underlying operating profit was down in April on-year after surging 65% in the first quarter of the year....

Fri, 05/06/2020 - 07:48


Somero Enterprises furloughs 20% of workforce as sales slip

Concrete leveling technology group Somero Enterprises said it had furloughed about a fifth of its workforce, while warning it would miss its revenue expectations due...

Fri, 05/06/2020 - 07:47


Renishaw rules out final dividend for financial year through June

Specialist engineering group Renishaw said it would not pay a final dividend for its current financial year through June.

The company said it would review...

Fri, 05/06/2020 - 07:39


Wood Group targets 40% carbon emissions reduction by 2030

Engineering services company Wood Group said it was targeting a 40% reduction in its carbon emissions by 2030.

The company said it had to set...

Fri, 05/06/2020 - 07:36


Morgan Advanced Materials sales slip; reviews cost base

Advanced materials manufacturer Morgan Advanced Materials said its year-to-date sales had dropped 8.8% on an organic and constant currency basis and that it overhauled its...

Fri, 05/06/2020 - 07:31


Volution Group UK performance steadies amid easing lockdown measures

Ventilation products supplier Volution Group said its performance in the UK had improved, with activity at 65% of prior-year levels in June, up from 30%...

Fri, 05/06/2020 - 07:31


Workspace hikes dividend 10% as rental income boosts earnings

Shared office space group Workspace hiked its annual dividend by 10% after a boost in rental income underpinned a rise in adjusted profit.

The company...

Fri, 05/06/2020 - 07:23


Biffa scraps dividend to conserve cash despite jump in profit

Waste management company Biffa cancelled its final dividend to conserve cash even as it reported profit that more than doubled, driven by 'strong' performance in...

Fri, 05/06/2020 - 07:20


Virgin Money UK tips another £12.5m into asset management JV

Financial services group Virgin Money UK said it had committed up to £12.5m of extra funding over the next year to its Unit Trust Managers...

Fri, 05/06/2020 - 07:16


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