May 01 2025 @ 03:13
Travis Perkins plc (
LSE:TPK) has finalized the sale of its Staircraft business to Gait Consulting for £24 million. This divestiture is part of the company’s broader strategy to streamline its operations and focus on its core business of distributing building materials. The proceeds from the sale will be reinvested to strengthen the company’s balance sheet […]
May 01 2025 @ 03:11
Science Group PLC (
LSE:SAG), a significant shareholder in Ricardo plc (
LSE:RCDO), has voiced concerns over Ricardo’s strategic direction and financial health. Holding a 20.08% stake, Science Group has criticized Ricardo’s recent Business & Strategy Update for overlooking crucial financial issues and failing to outline a clear recovery plan. The update disclosed a significant...
May 01 2025 @ 03:09
Caspian Sunrise PLC (
LSE:CASP) has made significant strides in its acquisition of the Block 8 Contract Area and the sale of shallow structures from its BNG Contract Area. Despite facing challenges related to the Akkaduk licence renewal, the company is progressing with the acquisition of Block 8, based on the Sholkara licence. The sale of […]
May 01 2025 @ 03:08
abrdn Property Income Trust Limited (
LSE:API) has revealed its final results for the year ending December 2024, outlining a strategic shift after a failed merger attempt with Custodian REIT. As a result, the company has opted to wind down its operations and liquidate its property portfolio. The sale of its assets to GoldenTree Asset Management […]
May 01 2025 @ 03:07
Tetragon Financial Group Limited (
LSE:TFG) has published its Monthly Factsheet for March 2025, revealing a solid financial position with a Net Asset Value (NAV) of $3.191 billion and a fully diluted NAV per share of $35.38. The company delivered a 0.5% monthly NAV per share total return and a 0.8% return on equity, reflecting stable […]
May 01 2025 @ 03:05
Moonpig Group Plc (
LSE:MOON) has completed a £25 million share repurchase programme, initially launched in October 2024. The buyback reflects the company’s continued emphasis on enhancing shareholder value and optimizing its capital structure. By reducing the number of outstanding shares, Moonpig aims to improve earnings per share and reinforce investor confidence in its long-term strategy...
May 01 2025 @ 03:04
Endeavour Mining (
LSE:EDV) delivered robust financial performance in the first quarter of 2025, marked by a significant rise in adjusted EBITDA and a record level of free cash flow. These results signal the company’s successful shift into a more cash-generative phase of its operations, further supported by a favorable gold market backdrop. The company has […]
May 01 2025 @ 03:04
Kenmare Resources Plc (
LSE:KMR) has confirmed its adherence to Rule 2.12 of the Irish Takeover Rules, disclosing an issued share capital of 89,228,161 ordinary shares. In addition, the company has granted options over 3,080,592 shares through its restricted share plan. The company’s shares are listed on both Euronext Dublin and the FCA’s premium segment, reinforcing […]
May 01 2025 @ 03:03
Lancashire Holdings Limited (
LSE:LRE) reported strong financial performance for the first quarter of 2025, with gross premiums written rising by 12.7% year-on-year to $712.1 million. The insurer also posted a total investment return of 1.9% and maintained a robust regulatory ECR (eligible capital requirement) ratio of 271%, reflecting the group’s strong capital base and risk […]
May 01 2025 @ 03:00
SigmaRoc Plc (
LSE:SRC) reported an impressive start to 2025, posting first-quarter revenue of £252 million—an 18.3% year-on-year increase—alongside a 30.4% rise in underlying EBITDA. These figures exceeded market expectations, underscoring the company’s ability to perform well despite political and economic volatility across Europe. The company attributes its strong performance to a...