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Convatec backs annual guidance despite profit decline

ConvaTec Group PLC on Thursday said half year profit was hit by a lower margin, but backed its annual guidance as revenue trended upward....

Thu, 04/08/2022 - 10:09

TOP NEWS: Meggitt records higher interim revenue; takeover on track

Meggitt PLC on Thursday reported a sharp increase in half-year revenue, due to a good performance by its Civil Original Equipment and Energy business....

Thu, 04/08/2022 - 09:28

TOP NEWS: Hikma first half hit by stiff competition for Generics

Hikma Pharmaceuticals PLC shares suffered on Thursday, as it lowered annual guidance after a poor performance in its Generics business hit half-year profit.

For...

Thu, 04/08/2022 - 09:00

IN BRIEF: IP Group portfolio values fall but ups interim payout

IP Group PLC - London-based science and technology investment firm - Net asset value per share ends June 30 at 136.7 pence, dropping from 167.0p...

Wed, 03/08/2022 - 12:16

Hiscox swings into red on investment loss but insurance rates rise

Hiscox Ltd on Wednesday reported it swung to an interim loss in the first half of 2022, blaming the disappointing result on rising interest rates,...

Wed, 03/08/2022 - 11:22

IN BRIEF: Alina widens interim loss as rental income falls sharply

Alina Holdings PLC - Warminster, England-based real estate investment trust - Widens pretax loss to £327,000 in the first half of 2022 from £82,000 the...

Tue, 02/08/2022 - 17:34

IN BRIEF: Genel Energy ups interim revenue on higher average oil price

Genel Energy PLC - London-based oil company focused on the Kurdistan region - In the first half of 2022, sees pretax profit surge to $126.1...

Tue, 02/08/2022 - 17:33

EARNINGS UPDATES: RIT Capital outperforms index; Smithson NAV drops

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

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Smithson Investment Trust PLC...

Tue, 02/08/2022 - 12:13

Direct Line Insurance interim profit drops on challenging conditions

Direct Line Insurance Group PLC on Tuesday reported a sharp decline in half-year profit, due to challenging market conditions and the implementation of regulations from...

Tue, 02/08/2022 - 12:05

IN BRIEF: Devro profit falls but confident of meeting expectations

Devro PLC - Glasgow-based collagen food products manufacturer - Pretax profit in six months to June 30 falls to £15.9 million from £18.4 million the...

Tue, 02/08/2022 - 11:46

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