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Direct Line lines up £100m share buyback; annual profit falls on weather-related claims

Insurance company Direct Line announced a £100 million share buyback programme. The company also reported a fall in annual profit amid major weather-related claims and...

Mon, 08/03/2021 - 07:59


Shoe Zone swings to loss as lockdowns hurt sales

Footwear retailer Shoe Zone swung to a full-year loss and scrapped its dividend as the pandemic and associated lockdowns crunched sales.

Shoe Zone also announced...

Mon, 08/03/2021 - 07:57


Network International profit slumps as sales fall 15%

Payments company Network International booked a large fall in annual profit after the pandemic shrank transaction volumes.

Pre-tax profit from continuing operations for the year...

Mon, 08/03/2021 - 07:45


RHI Magnesita profit drops 79%; hikes dividend amid recovery

Refractory products supplier RHI Magnesita posted an 79% drop in annual profit as its sales slumped during the pandemic, though it upped its dividend citing...

Mon, 08/03/2021 - 07:37


Phoenix profit rises; lifts final dividend on cash beat

Insurance company Phoenix posted a large rise in annual profit after higher premium revenue and lower expenses helped offset fall in investment income.

Pre-tax profit...

Mon, 08/03/2021 - 07:28


Pearson underlying earnings fall as expected; holds dividend steady

Educational publisher and services group Pearson posted a rise in annual profit after it benefited from the sale of a stake in publishing group Penguin...

Mon, 08/03/2021 - 07:10


Allied Irish Bank annual profit slumps as bad debt provisions, lower rates bite

Allied Irish Bank reported a sharp fall in annual profit as lower interest and and sharp downturn in fee and bad debt provision hurt income....

Fri, 05/03/2021 - 09:43


Goldplat swings to profit in H1 on strong performance in Ghana

Gold producer Goldplat reported a swung to first-half profit as strong performance in Ghana boosted performance.

For the six months ended 31 December 2020, pre-tax...

Fri, 05/03/2021 - 09:08


Globalworth swings to annual loss on pandemic impact

Globalworth, an office investor in Central and Eastern Europe, swung to a loss in 2020, weighed down by pandemic-led hit to its property investments.

For...

Fri, 05/03/2021 - 08:58


ConvaTec annual profit rises on higher revenue, uptick in margins

Medical products maker ConvaTec reported a rise in annual profit on higher revenue and margins .

For the year ended 31 December 2020, pre-tax profit...

Fri, 05/03/2021 - 08:15


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