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Renishaw soars as third quarter sales and profit beat expectations

Shares in Renishaw PLC jumped on Thursday after the firm avoided a feared profit downgrade after a better-than-expected third quarter.

‘We have continued to deliver steady...

Thu, 08/05/2025 - 10:41


Cairn Homes anticipates double-digit revenue rise amid pipeline growth

Cairn Homes PLC said in a statement ahead of its annual general meeting on Thursday that 2025 trading to date has reflected a ‘very positive’...

Thu, 08/05/2025 - 10:33


ICG Enterprise Trust ups dividend despite annual underperformance

ICG Enterprise Trust PLC on Thursday proposed a higher dividend despite its net asset value total return performing worse than a comparator index.

The London-based investor...

Thu, 08/05/2025 - 10:25


Airtel Africa revenue hit by currency devaluation; eyes 2026 unit IPO

Airtel Africa PLC on Thursday reported a swing to an annual profit, despite a decrease in revenue, and it announced it plans to list a...

Thu, 08/05/2025 - 10:24


SMALL-CAP WINNERS & LOSERS: S4 Capital quarterly revenue declines

The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday.

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SMALL-CAP - WINNERS

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Capricorn Energy PLC, up 9.8% at 230.50 pence,...

Thu, 08/05/2025 - 10:20


Lloyd’s of London promotes Chief of Markets Tiernan to CEO

Lloyd’s of London on Thursday named current Chief of Markets Patrick Tiernan as its new chief executive officer.

Tiernan will step into the role on...

Thu, 08/05/2025 - 10:13


UK PM promises ‘defence dividend’ through hike in military spending

UK Prime Minister Keir Starmer said the hike in defence spending to counter Vladimir Putin’s aggression in Europe would benefit businesses and families across the...

Thu, 08/05/2025 - 10:10


LONDON BROKER RATINGS: UBS cuts Hammerson, raises Weir Group

The following London-listed shares received analyst recommendations Thursday morning and on Wednesday:

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FTSE 100

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Goldman Sachs cuts Shell price target to 40 (42) EUR - ’buy’

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Goldman Sachs...

Thu, 08/05/2025 - 09:57


IN BRIEF: Metro Bank shares up amid underlying profit growth

Metro Bank Holdings PLC - London-based high-street lender - Says both underlying and statutory profit in the first quarter of 2025 grew ‘significantly’, compared to...

Thu, 08/05/2025 - 09:50


IHG confident of further growth despite economic uncertainties

InterContinental Hotels Group said it is on track to meet profit consensus for 2025, after a ‘strong trading performance’ in the first-quarter.

Shares in IHG...

Thu, 08/05/2025 - 09:42


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