Lancashire Holdings Limited (LON: LRE) said on Wednesday that it swung to a surprise profit in fiscal 2020. The company said that it faced roughly £108.44 million of losses attributed to natural catastrophes and the ongoing Coronavirus pandemic, but these losses were completely offset by its investment portfolio that…
Ocado Group plc (LON: OCDO) said on Tuesday that its full-year core earnings came in 69% higher than last year due to the ongoing Coronavirus pandemic that fuelled demand for home delivery. Ocado shares, that you can learn to buy online here, slid a little under 5% in…
Bellway plc (LON: BWY) said on Tuesday that house-and-flat sales in the fiscal first half jumped to a record high but said that the same momentum is unlikely to sustain in H2. Bellway shares were reported about 4% up in premarket trading on Tuesday but lost close to 1%…
Inland Homes plc (LON: INL) said on Monday that its annual profit took a hit due to the ongoing Coronavirus pandemic that weighed on its contract income business, margins in housebuilding, and costs at large. The Coronavirus pandemic has so far infected more than 3.9 million people in the…
Beazley plc (LON: BEZ) said on Friday that it concluded fiscal 2020 with a pre-tax loss of £36.83 million. The company, however, expressed confidence that a significant recovery is expected in 2021. In the previous financial year, it had posted £195.60 million of profit. In its statement on Friday,…
Unilever plc (LON: ULVR) said on Thursday that its net profit posted a decline in fiscal 2020. The company reported lower than expected profit for the year due to the ongoing Coronavirus pandemic that disrupted its business. For 2021, however, Unilever expressed confidence that the recovery is imminent. The…
Royal Dutch Shell plc (LON: RDSA) said on Thursday that it concluded the fiscal fourth quarter with loss. The overall underlying performance, the company said, was weaker than expected. Shell remained flat in premarket trading on Thursday and jumped more than 2% on market open. Including the price action,…
Vodafone Group plc (LON: VOD) said its organic service revenue returned to the growth zone in the fiscal third quarter. The company also confirmed its full-year financial guidance on Wednesday. Chief Executive Nick Read commented on the financial update and said: “Our good trading performance underscores our confidence…
In an announcement on Wednesday, Glencore plc (LON: GLEN) said coal and copper production in 2020 matched its guidance, despite the new COVID-19 variant pushing the United Kingdom into another lockdown last month. Glencore shares opened roughly 1.5% up on Wednesday but lost the entire intraday gain in…
In an announcement on Tuesday, SSE plc (LON: SSE) said that the ongoing COVID-19 crisis will hit its operating profit in fiscal 2021. The company, however, reiterated its guidance for adjusted per-share earnings and full-year dividend on Tuesday. SSE plc shares, that you can learn to buy online…
British Petroleum plc (LON: BP) said on Tuesday that it concluded the fiscal fourth quarter in profit as prices showed signs of recovery in recent months after an unprecedented hit from the Coronavirus pandemic that has so far infected more than 3.8 million people in the United Kingdom and…
Ryanair Holdings plc (LON: RYA) said on Monday that the ongoing COVID-19 restrictions are likely to translate into a record £749 million to £837 million of loss this year. But CEO Michael O’Leary expressed confidence that vaccination against the novel flu-like virus will resume demand for air travel this…
Hargreaves Lansdown plc (LON: HL) said on Monday that its profit in the fiscal first half came in better than last year despite the newly imposed restrictions in recent months to combat the ongoing Coronavirus pandemic that has so far infected more than 3.8 million people in the United…
As part of the platform’s planned expansion in 2021, Invezz has recently undergone a complete redesign of its website, invezz.com. The new site has been tailor-made to help users make better investment decisions when navigating the world of personal finance, supporting them when buying stocks, cryptocurrency and commodities. Invezz…
SThree plc (LON: STEM) said on Monday that its profit came in better than expected in fiscal 2020. On a year over year basis, however, its annual profit saw a close to 50% decline. The recruiter expressed confidence that signs of recovery were starting to show in the United…
Boohoo Group plc (LON: BOO) said on Monday that it had bought Debenhams’ intellectual property assets in entirety for £55 million from its administrators. The deal includes the retailer’s selected contracts, related business information, and customer data but excludes its stores and staff. Plans of going into liquidation were…
John Lewis Partnership said on Friday that trading during the Christmas period was better than expected. On the back of its hawkish performance, it also raised its guidance for the full-year profit on Friday. John Lewis said that the robust performance in the recent period was primarily attributed to its…
The Sage Group plc (LON: SGE) reiterated its financial guidance for the full year on Thursday as performance matched expectations in the fiscal first quarter. In an earlier report published in November, the FTSE 100 listed company registered an increase in its pre-tax profit to £373 million in…
IG Group Holdings plc (LON: IGG) said on Thursday that its profit saw an over 100% growth in the fiscal first half. The company attributed the sharp increase to robust trading volumes in recent months. In related news, IG Group also announced to have proposed £730 million to…
In a statement on Wednesday, WH Smith plc (LON: SMWH) said that trading during the Christmas period topped expectations. But Prime Minister Boris Johnson ordered another national lockdown in the first week of January to minimise the fast spread of the new variant of the flu-like virus that is…
Burberry plc (LON: BRBY) published its financial update on Wednesday that highlighted a decline in its third-quarter comparable retail store sales that matched its earlier guidance. The decline, however, was broader than what analysts had anticipated. In separate news from the UK, Frasers increased its stake to 15.2%…
In an announcement on Wednesday, Antofagasta plc (LON: ANTO) said that its fourth-quarter copper production came in line with what analysts had anticipated. Copper production, it added, was better than the prior quarter (Q3). Antofagasta also highlighted that unitary costs in the recent quarter printed below guidance. In…
In an announcement on Tuesday, Hammerson plc (LON: HMSO) said that its first-quarter rent collection stood at 41% in the United Kingdom. The company collected 46% of the due rent in France and a much lower 31% in Ireland. As per Hammerson, it has now repaid some of its…
In a report on Tuesday, Premier Foods plc (LON: PFD) said that its digital sales in the fiscal third quarter came in 90% higher than the same quarter last year. On the back of robust Q3 sales, the company said that it now expects its annual profit to remain…
Experian plc (LON: EXPN) said on Tuesday that its organic revenue at constant exchange rates saw a 7% annualised growth in the fiscal third quarter. The company also expressed confidence that its full-year performance will also remain resilient. CEO Brian Cassin commented on the quarterly update on Tuesday and…
