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XP Power swings to annual profit but order intake slows down

XP Power Ltd on Tuesday described 2023 as ‘a challening year’, with its order intake stagnating despite increased revenue.

The Singapore-based power control systems manufacturer reported...

Tue, 05/03/2024 - 14:35


Reach annual profit and revenue drop on lower digital and print sales

Reach PLC on Tuesday reported a decline in its full-year revenue and profit.

Shares in Reach jumped 13% to 67.20 pence each in London on...

Tue, 05/03/2024 - 14:17


Headlam blames macro, industry headwinds as annual profit drops

Headlam Group PLC on Tuesday reported decreased revenue and profit for 2023, and lowered its total dividend.

The Birmingham, England-based floor coverings distributor said pretax profit...

Tue, 05/03/2024 - 14:07


IN BRIEF: Somero revenue and profit drop but keeps positive outlook

Somero Enterprises Inc - Fort Myers, Florida-based laser-guided concrete levelling machinery company - Says revenue in 2023 fell 9.7% to $120.7 million from $133.6 million...

Tue, 05/03/2024 - 13:58


CORRECT: Fresnillo revenue up but dividend down after drop in profits

(Correcting title to clarify reduction in dividend)

Fresnillo PLC on Tuesday said that profits had sunk as a result of increased exploration expenses in 2023, resulting...

Tue, 05/03/2024 - 13:11


Foxtons ‘fundamentally transformed’ as lettings business smooths cycle

Foxtons Group PLC on Tuesday said it outperformed a difficult property market in 2023, thanks to strong revenue growth from Lettings.

The London-based estate agent has...

Tue, 05/03/2024 - 12:38


Johnson Service revenue jumps on higher volume and price increases

Johnson Service Group PLC on Tuesday hailed a rise in its annual profit and revenue and said it had lifted its dividend.

The Cheshire, England-based...

Tue, 05/03/2024 - 12:21


Travis Perkins says annual earnings down amid ‘challenging conditions’

Travis Perkins PLC on Tuesday said 2023 was marked by ‘weak market conditions’ as revenue and profit decreased, and it declared a considerably reduced full-year...

Tue, 05/03/2024 - 12:13


IWG resumes payout following record revenue as eyes on listing future

IWG PLC on Tuesday said it will pay dividends again after achieving record revenue in 2023, as the company weighs up a New York listing....

Tue, 05/03/2024 - 11:55


Hiscox launches $150 million share buyback as annual profit doubles

Hiscox Ltd on Tuesday said it will return up to $150 million to shareholders by means of a share buyback, as the Bermuda-based insurer reported...

Tue, 05/03/2024 - 11:54


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