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Gulf Investment Fund tops benchmark in second half of 2019; flags oil price slump as 'key' risk

Asset manager Gulf Investment Fund topped its benchmark performance in the second half of the year as net assets rose 3.4%, though it flagged the...

Wed, 26/02/2020 - 09:18


Webis losses narrow as sales jump 50%

California race track operator Webis posted a first-half loss after rising revenue was offset by sales and operating costs.

Pre-tax losses for the six months...

Wed, 26/02/2020 - 09:04


Nichols profit up 2.1% after strong overseas sales

Soft drinks group Nichols reported a 2.1% rise in annual profit, buoyed by strong sales growth in the Middle East.

Pre-tax profit for the year...

Wed, 26/02/2020 - 08:52


Capital & Counties swings to loss on property portfolio value decline, higher rental expenses

Property company Capital & Counties Properties swung to a loss as higher rental expenses and a decline in its property portfolio offset income growth....

Wed, 26/02/2020 - 08:51


Rio Tinto cuts dividend as profit falls 41%; warns of coronavirus impact

Mining company Rio Tinto booked a 41% fall in annual profit and warned that the coronavirus outbreak could have a short-term impact on supply chains....

Wed, 26/02/2020 - 08:19


Leeds Building Society profit falls as mortgage assets weigh down by international accounting rules

Leeds Building Society reported lower annual profit as the value of its mortgage assets were hurt by international accounting rules.

Pre-tax profit fell to £88.0m...

Wed, 26/02/2020 - 08:10


Weir posts deep annual loss after North America oil division writedown

Engineering company Weir swung to a deep annual loss after it wrote down the value of its North American oil and gas business.

Pre-tax losses...

Wed, 26/02/2020 - 08:07


Augean swings to loss as legal costs from landfill tax dispute keep lid on growth

Waste management businesses Augean swung to an annual loss as a rise in revenue was offset by legal costs as the company disputed an outstanding...

Wed, 26/02/2020 - 08:02


Unite lifts dividend 14% as rental income boosts adjusted profit

Student accommodation developer Unite swung to a full-year loss owing to costs associated with an acquisition, though its underlying performance improved on higher rental income....

Wed, 26/02/2020 - 07:54


Avingtrans half-yearly profit halves on weakness in Energy Steel and Booth businesses

Medical and energy engineering company Avingtrans said half-year profit halved as performance was hurt by weakness from the acquired Energy Steel and Booth businesses....

Wed, 26/02/2020 - 07:53


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