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Glanbia maintains dividend despite sharp fall in H1 profit as margins compress

Nutrition group Glanbia maintained its dividend despite a sharp fall in first-half profit as margins were hurt by a pandemic-led hit to volumes.

For...

Wed, 12/08/2020 - 09:28


Appreciate pulls final dividend as lockdown measures hurts profit

Multi-retailer redemption product group Appreciate pulled its final dividend, citing uncertainty from the Covid-19 pandemic.

The company also reported a fall in profit as...

Wed, 12/08/2020 - 09:05


Hostelworld swings to loss in H1 as pandemic-led travel restrictions dents bookings

Hostelworld swung to a loss in the first half of the year as pandemic-led travel restrictions deepened the decline in bookings.

For the half-year...

Wed, 12/08/2020 - 08:44


Capital & Counties Properties deepens losses as virus impact hurts income

Property company Capital & Counties Properties reported wider first-half losses as net rental income and its property value slumped, owing to the impact of government-imposed...

Wed, 12/08/2020 - 08:17


Balfour Beatty swings to loss in H1 as pandemic halts construction activity

Infrastructure company Balfour Beatty swung to a loss in the first half of the year as construction activity was halted by the impact of the...

Wed, 12/08/2020 - 08:08


Ocean Wilsons swings to loss on FX; negative investment returns

Brazil-focused port logistics group Ocean Wilsons swung to a first-half loss after its was hit by foreign exchanges losses and negative returns on investments.

Pre-tax...

Wed, 12/08/2020 - 07:54


Avast raises dividend; sees revenue at upper end of guidance

Cybersecurity provider Avast raised its dividend and said it expected revenue at the upper end of guidance after reporting a rise in first-half profit, driven...

Wed, 12/08/2020 - 07:30


Just Eat Takeaway 'confident' of maintaining momentum as revenue rises 44% in H1

Food Delivery company Just Eat Takeaway said it was 'confident' that growth would remain strong for the rest of the year after reporting a sharp...

Wed, 12/08/2020 - 07:19


M&G declares interim dividend even as operating profit slumps

M&G, the wealth manager spun out of insurer Prudential, posted a rise in first-half profit owing to short-term movements in investment returns, though its underlying...

Wed, 12/08/2020 - 07:14


Spirax‐Sarco Engineering lifts dividend 5% as profit edges lower

Thermal energy management and heat pumping specialist Spirax‐Sarco Engineering lifted its dividend, having posted a modest fall in first-half profit that it described as 'resilient'....

Wed, 12/08/2020 - 07:06


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