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Genedrive narrows losses on higher revenue despite lower-than-expected Hepatitis C assay sales

Molecular diagnostics company Genedrive reported narrower annual losses as revenue grew by more than fifth even as the company’s sales of its HCV assay fell...

Thu, 03/10/2019 - 08:36


ITM Power targets at least £52m fundraise, forms JV with Linde as annual losses widen

ITM Power unveiled plans to raise at least £52.0m gross and announced that it had formed a joint venture with Linde. The company also said...

Thu, 03/10/2019 - 08:13


Thruvision revenues up 50% in first half after strong sales momentum

Thruvision, a provider of people-screening technology to the security market, has increased revenues by 50% to £4.8m in the six months to end of September....

Thu, 03/10/2019 - 08:06


Ted Baker announces £23m loss as UK sales fall

Global lifestyle brand Ted Baker reported a £23m loss before tax in its first-half results, as weak consumer spending hit retail sales.

Group revenue was...

Thu, 03/10/2019 - 07:45


Inspiration Healthcare earnings rise on higher medical device sales

Medical devices company Inspiration Healthcare booked a small fall in first-half profit, after rising revenue was offset by one-off acquisition costs.

Pre-tax profit for the...

Wed, 02/10/2019 - 14:07


Ceres Power narrows losses as revenue more than doubles

Fuel cell technology company Ceres Power narrowed losses as annual revenue more than doubled as higher-margin license activity boosted margins.

For the year ended 30...

Wed, 02/10/2019 - 08:28


Sirius Real Estate extends banking facility; says like-for-like rent roll broadly flat

German property investor Sirius Real Estate said it extended a banking facility with BerlinHyp to total €180.2m.

The facility was secured at a rate of...

Wed, 02/10/2019 - 07:50


Kin + Carta swings to profit as transformation programme takes shape

Digital transformation Kin + Carta swung to a profit as its efforts to capture growth in the digital transformation market began to take shape.

For...

Wed, 02/10/2019 - 07:26


Tesco CEO David Lewis to stand down as profit rises 3.7%

Supermarket chain Tesco said that chief executive David Lewis would stand down next year, as it posted a 3.7% rise in first-half profit.

Lewis would...

Wed, 02/10/2019 - 07:16


Europa Metals losses deepen on exploration spending

Europe-focused zinc explorer Europa Metals booked a deeper full-year loss owing to higher exploration spending.

Pre-tax losses for the year through June amounted to $2.4m,...

Tue, 01/10/2019 - 14:49


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