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Scottish Mortgage underperforms index but optimistic about AI

Scottish Mortgage Investment Trust PLC on Thursday reported a positive total return for what its chair called ‘a challenging yet rewarding year’.

The investor in...

Thu, 23/05/2024 - 10:23


Wizz Air swings to annual profit as revenue and passenger numbers rise

Wizz Air Holdings PLC on Thursday said it swung to an annual profit, as revenue rose strongly in its financial 2024 alongside rising passenger numbers.

In...

Thu, 23/05/2024 - 10:09


TOP NEWS: National Grid sets £7 billion fund raise to power growth

National Grid PLC on Thursday launched a £7.0 billion rights issue to support plans for £60 billion of investment in UK and US energy infrastructure.

The...

Thu, 23/05/2024 - 09:34


Tharisa cites depressed platinum price for slump in interim profit

Tharisa PLC on Thursday blamed depressed prices of platinum group metals for a sharp drop in interim profit and lower dividend.

The Cyprus-headquartered platinum miner...

Thu, 23/05/2024 - 08:15


TOP NEWS: Investec annual profit dips as interest costs take toll

Investec PLC and Ltd on Thursday reported a slight drop in annual profit as interest expense mounted, outshining increased client activity and expanding loan book....

Thu, 23/05/2024 - 08:12


TRADING UPDATES: Powerhouse resolves claim; PCI-PAL wins court case

The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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STS Global Income & Growth Trust...

Wed, 22/05/2024 - 21:05


EARNINGS AND TRADING: Adnams toasts increase in sales but loss widens

The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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Feedback PLC -...

Wed, 22/05/2024 - 17:28


Impact Healthcare targeting increased dividend after stable quarter

Impact Healthcare REIT PLC on Wednesday announced positive quarterly performance driven by rising occupancy and fees.

The London-based owner of care homes and other healthcare properties...

Wed, 22/05/2024 - 12:00


IntegraFin profit up as funds under direction climb past £60 billion

IntegraFin Holdings PLC on Wednesday reported strong financial results for the first half of its financial year despite ongoing macroeconomic challenges.

The London-based holding company and...

Wed, 22/05/2024 - 11:31


TOP NEWS: SSE cuts annual dividend as planned in bid for growth cash

SSE PLC on Wednesday reported a big swing to profit in its recent financial year, but it stuck to its plan to cut its annual...

Wed, 22/05/2024 - 11:15


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