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Santander UK profit falls 35% amid intense competition for mortgage customers

Spanish bank Santander's UK operation reported a 35% fall in first-half profit after its income was hit by intense competition in the mortgage market.

Pre-tax...

Fri, 09/08/2019 - 09:23


William Hill posts first-half loss as UK regulatory betting cap bites

Gambling company William Hill posted a first-half loss after it was hurt by a UK regulatory cap on bet sizes and incurred expenses investing in...

Fri, 09/08/2019 - 07:20


WPP profit slides 44%; sticks to annual guidance

Advertising giant WPP booked a 44% slide in first-half profit, owing to shrinking margins and a one-off gain in the previous year.

Pre-tax profit for...

Fri, 09/08/2019 - 07:11


S&U sees healthy demand for its car finance business despite new car market downturn

Motor finance and property bridging specialist S&U said its Advantage car finance business continued to trade well amid healthy demand despite the downturn in the...

Thu, 08/08/2019 - 09:58


Global Invacom profits more than double as Apexsat acquisition, new products boost revenues

Satellite communications equipment maker Global Invacom saw profits more than double in the first half of the year the Apexsat acquisition and the launch of...

Thu, 08/08/2019 - 09:51


Arrow Global Group gross asset management and servicing income grew 14% amid boost from acquisitions

Arrow Global Group said gross asset management and servicing income grew 14% thanks to contributions from its Norfin, Europa Investimenti and Parr Credit acquisitions.

For...

Thu, 08/08/2019 - 09:40


Kerry Group raises guidance as profits rise in H1

Consumer foods company Kerry Group raised its guidance after reporting a rise in profits as revenues grew nearly 11%

'We are updating our guidance and...

Thu, 08/08/2019 - 09:29


Avesoro Resources swings to loss in Q2; raises concern over production target after disruption

West African gold producer Avesoro Resources said it may undershoot its annual output target if it was unable to make up for lost production falling...

Thu, 08/08/2019 - 09:22


Coca-Cola HBC profits slump as cold weather hurts performance

Coca-Cola HBC, a bottler of The Coca-Cola company, reported a fall in profits blaming unseasonably wet and cold weather conditions in the second quarter.

For...

Thu, 08/08/2019 - 08:59


TI Fluid Systems sees drop in H1 revenue in 'challenging' market

Global manufacturer of automotive fluid storage and delivery systems TI Fluid Systems reported a 3.3% drop in first-half revenue and a 4.1% fall in earnings...

Thu, 08/08/2019 - 08:55


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