Babcock to Deliver Excellent Performance for Years Ahead, Upbeat on Markets
Babcock International Group, an engineering support services company, believes that it is well placed to gain from the size of its business, the width of its experience and track record of delivering operational and financial effectiveness in the current economic environment.
Bellway to Continue Raise Shareholders' Value Despite Tough Housing Market
Bellway, the housebuilder, enters the second half of the year with an order book of £423 million, having already reserved or legally completed 83% of this year's target, with an expectation to reach double digit operating margin for the six months to 31 January.
Compass Group to Dish Up Good Performance in FY 2012
Compass Group, the contract foodservice and support services group, has recently secured 'A-' long-term corporate credit rating from Standard and Poor's and remains very optimistic about the opportunities to grow the business.
Aggreko Expands Footprint in South America with Power Rental Business Buy
Aggreko has agreed a potential £160m acquisition of Brazil's Poit Energia.
easyJet H1 Earnings To Exceed Guidance, H2 Expectations Remain Unchanged
easyJet, an European airline carrier, anticipates its first half financial performance for the year to go beyond the guidance set in its first quarter of the year.
A G Barr Posts Solid 2012 Earnings, Lifts Dividend as Exotic Juice Sales Boost Bottom Line
A G Barr sees solid performance in UK soft drinks market; posts 6.2% rise in full year profits.
BoE Asks Banks to Beef Up Capital
British banks are required to raise more capital at the earliest as the strength of the worldwide financial markets remains weak.
A G Barr to Report Another Solid Set of FY Earnings, Expects High Input Costs and Competition
A G Barr, the manufacturer, distributor and seller of soft drinks, expects like-for-like total sales in the final quarter to be more than 12 per cent ahead of the previous year and said it is on track to meet expectations for 2012.
BowLeven Positive on Exploration Programmes But Analysts Expect Losses for Coming Years
BowLeven, the oil and gas exploration company, said that it is more convinced than ever about the exploration and development potential of its acreage and it looks forward to pursuing the opportunities its Cameroon acreage position holds.
British Gas Slumps to 5-Week Low; 2012 Brent Forecasts Rise
British gas prices fell on fears of slump in demand as much as 13 percent on Thursday below the seasonal norms and also due to weak global economic data, which drew down the wider energy complex, including British gas futures.
UK February Consumer Confidence Plummets, Expectations Reversed
U.K. consumer confidence dropped in February as shoppers were more worried about their jobs and weak economic growth, according to the latest survey released from the building society Nationwide.
MITIE Group Continues To Maintain Outstanding Profitable Growth For Coming Years
MITIE Group, the strategic outsourcing and energy services company, had a positive financial year so far driven by the award and retention of a number of significant contracts, which strengthen its strategy to invest in its integrated facilities and energy management capabilities.
NEXT Shares Slide Despite Solid Results, Share Buyback
NEXT PLC, the Britain's second-largest clothing retailer, has delivered a solid performance in sales and profits combined with exceptional advances in earnings per share and dividends even in a difficult year.
Kingfisher FY Profits Soar, Aims to Emerge as Industry Leader
Kingfisher, the home improvement retailer, has reported a rise of 3.3 percent in its sales for the FY 2011 on a constant currency basis and rose 3.6 percent to £10.8 billion on a reported rate basis sales.
Premier Oil Reports Record Profits, Achieves Strongest Ever Financial Position
Premier Oil, a leading FTSE 250 independent exploration and production company, has reported its record after-tax profits of US$171.2 million for the year ending December 31, 2011, up from US$129.8 million in 2010. Operating cash flows increased by 11.4 per cent to US$485.9 million, up from US$436.0 million in 2010.
Wolseley to Deliver Improved H1 Margins; Credit Suisse Assigns 'Outperform' Rating
Wolseley, the specialist trade distributor of plumbing and heating products, is expected to report an increased half yearly earnings with a more bullish outlook for the U.S. housing market on March 27.
UK Feb Borrowing Smashes Expectations
The U.K.'s public sector net borrowing increased more than anticipated in February 2012, while striking a record value for the month of February, according to the latest data released from Office for National Statistics (ONS).
NEXT on Cautious Edge, Expects Recovery in Q2
NEXT PLC, the Britain's second-largest clothing retailer expects to deliver its FY2011 earnings in line with the previous guidance on Thursday with an approximate increase of 4 percent in its profit before tax at the range of £558-572 million.
Premier Oil Upbeat On Significant Pace In 2012, Added to Brokers' Buy List
Premier Oil, an independent exploration and production company, has estimated its average production for the FY 2011 was in line with the guidance at 40.4 kboepd, compared to 42.8 kboepd in 2010.
J Sainsbury Beats Forecasts, Wins Market Share From Rivals
J Sainsbury, the Britain's third-biggest supermarket group, has reported that its total sales for the fourth quarter rose 4.6 percent (5.1 per cent excluding fuel) beating analysts' forecasts as it won market share from rivals.
IQE FY Earnings Rise, Outlook Expects Strong Momentum in 2012
IQE, the leading global semiconductor materials maker, has reported that its full year revenues for the period ended on December 31, 2011 increased 4 percent to £75.3 million.
Ted Baker Delivers Strong FY Performance, Plans Rapid International Expansion
Ted baker, the British designer brand, has reported a rise of 14.9 percent in its revenues for the year ended January 28, 2012 at £215.6 million, compared to £187.7 million in the previous year. The group's profit before tax increased by 0.1 percent to £24.3 million and basic earnings per share rose by 1.7 percent to 42.2 pence.
Kingfisher to Deliver Robust FY Earnings, on Track to Emerge as Industry Leader
Kingfisher, the home improvement retailer is keen on to re-position its business as the industry leader and expects to deliver FY profits in line with analysts' expectations for the year ended January 28, 2012 on Thursday.
Cairn Energy Posts Record FY Profits
Cairn Energy, the independent oil, gas exploration and production company has reported a record profit after tax of $4.6 billion for the year ended 31 December, 2011 with a cash balance of $4.7 billion.
Debenhams H1 Trading Strong, Optimistic On FY Outlook
Debenhams, the leading multi-channel retailer, has reported an increase of 1.4% in its H1 gross transactions, mainly driven by the successful winter sale as well as an encouraging start to the new season.
Ted Baker Bets On New Stores, Expects FY Profits In Line With Expectations
Ted Baker, the British designer brand, expects to end the season with a clean stock position as it is scheduled to report its 2011 annual results on March 21, 2012.
Sainsbury To Ramp Up Investments, Expects Good Progress In Difficult Consumer Environment
J Sainsbury, the retailing and financial services and property investment group, expects customers to spend cautiously in 2012, particularly in first half of the year. Although the short term remains challenging, key events later in the year, such as the Queen's Diamond Jubilee and London 2012 Olympic and Paralympic Games provide opportunities for growth.
Mears Group to Report FY Earnings In Line With Expectations
Mears Group, a holding company engaged in the provision of a range of outsourced services to the public and private sectors, is delivering a strategy that will join its leadership within the developed markets of social housing and care.
Berkeley Group on Track to Double Profits
Berkeley Group, the residential-led property developer is well placed to double its profits before tax around £220 million by 30 April 2013, two years earlier than originally planned and to enhance the value of its land bank to £3 billion by April 2015.
Cairn Energy Remains Well Poised For Next Phase Of Growth
Cairn Energy, the independent oil, gas exploration and production company is excited by the potential of its multi-basin acreage in Greenland offers and the management team is focused on accessing new opportunities that provide material growth for the company and its stakeholders.