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Fiona Craig

Afentra Delivers Strong 2024 Results with $52M Profit and Strategic Growth

May 08 2025 @ 02:59
Afentra plc (LSE:AET) has published its 2024 Annual Report and Financial Statements, showcasing a dramatic improvement in its financial performance. The company posted a net profit of $52.35 million for the year ending December 31, 2024—a major turnaround from the previous year’s loss. This performance underscores Afentra’s strategic positioning within the African oil and gas […]
 

TBC Bank Posts Strong Q1 2025 Results with Solid Profit Growth

May 08 2025 @ 02:58
TBC Bank Group PLC (LSE:TBCG) has reported robust financial performance for the first quarter of 2025, achieving a net profit of GEL 319 million—a 7% increase compared to the same period last year. The bank delivered an impressive return on equity of 23.2%, underpinned by growth in both net interest income and fee-based revenues. While […]
 

ITM Power Chosen for 120MW Green Hydrogen Initiative by Uniper

May 08 2025 @ 02:57
ITM Power (LSE:ITM) has been selected by energy company Uniper to provide technology for a major green hydrogen project in the UK—Humber H2ub® (Green). The 120MW project, which is part of the UK government’s Hydrogen Allocation Round 2, will feature ITM’s proprietary POSEIDON electrolysis modules. It is designed to help decarbonize the Humber Refinery, one […]
 

Derwent London Sees Solid Start to 2025 as Office Demand in Central London Remains Strong

May 08 2025 @ 02:56
Derwent London plc (LSE:DLN) has kicked off the year with robust performance, driven by strong demand in the central London office market. The real estate investment trust (REIT) has successfully completed or is in advanced stages of several leasing and asset management deals. Key development projects, such as 25 Baker Street W1 and Network W1, […]
 

CT Automotive Reports Margin Growth Despite Revenue Decline

May 07 2025 @ 03:14
CT Automotive Group PLC (LSE:CTA) has reported a notable increase in its gross margin, which rose by 600 basis points to 28% for FY24. This growth was driven by the implementation of digitization and automation strategies, even though the company faced a 16% drop in revenue due to a slowdown in consumer demand following the […]
 

Sydbank Reports Strong Q1 2025 Performance Amid Market Headwinds

May 07 2025 @ 03:13
Sydbank (LSE:0MGE) has announced a solid profit of DKK 645 million for Q1 2025, achieving a return on equity of 17.4%, despite facing challenging market conditions. The bank’s newly implemented strategy, ‘Bigger Sydbank,’ focuses on increasing customer engagement and enhancing employee involvement, all while maintaining resilience amidst ongoing geopolitical uncertainties. Looking ahead...
 

AstraZeneca’s Enhertu Demonstrates Positive Results in Early-Stage Breast Cancer Trial

May 07 2025 @ 03:11
AstraZeneca (LSE:AZN), in partnership with Daiichi Sankyo, has announced encouraging findings from the DESTINY-Breast11 Phase III trial. The results show that Enhertu, followed by THP, significantly improves pathologic complete response rates in high-risk HER2-positive early-stage breast cancer patients, compared to the current standard of care. This marks Enhertu’s first Phase III success in...
 

ACG Metals Raises Capital with Successful Bond Listing on Nordic ABM

May 07 2025 @ 03:10
ACG Metals Limited (LSE:ACG) has successfully completed the listing of its 14.75% Senior Secured USD 200 million bonds on the Nordic ABM. This milestone represents a key step in securing funding for the expansion of the Gediktepe sulphide project. The successful bond issue highlights the company’s strong financial position and strategic commitment to becoming a […]
 

Shuka Minerals Gears Up for JSE Listing with Strategic Share Issuance

May 07 2025 @ 03:10
Shuka Minerals Plc (LSE:SKA) has announced the issuance of 1,625,000 new ordinary shares to Gathoni Muchai Investments Limited (GMI) at a substantial premium to the latest closing share price. This move is part of Shuka’s ongoing strategy to secure a secondary listing on the Johannesburg Stock Exchange (JSE), aimed at conserving cash reserves while improving […]
 

Rentokil Initial Expands Board with Two New Non-Executive Directors

May 07 2025 @ 03:09
Rentokil Initial (LSE:RT|O) has announced the addition of two new Non-Executive Directors, Leanne Sheraton and Sam Mitchell, to its board, effective June 1, 2025. These appointments are intended to bolster the company’s leadership with their extensive experience in marketing, brand development, and managing multi-site businesses in North America. The new board members are expected to […]
 
 
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