Tesco declines despite revenue growth
Supermarket Tesco saw its shares fall by 9.16% to 213.65p after statutory operating profits for the first half dropped by 6.5% to £819 million.
Supermarket Tesco saw its shares fall by 9.16% to 213.65p after statutory operating profits for the first half dropped by 6.5% to £819 million.
AIM-listed freight and logistics company DX Group beat market expectations during the year ended 30th June to earn revenues of £299.5 million.
Shares in FTSE 100 building materials firm Ferguson fell by 6% to 6,137p despite revenues climbing by 7.6% to $20.7 billion.
FTSE 250 exploration and production outfit Energean Oil & Gas has announced the appointment of Iman Hill as its new Chief Operating Officer.
iomart has announced trading in the first half of the year has been in line with expectations, with revenues and profits ahead of last year.
Shares in AIM-listed Wey Education dropped by 5.33% after it announced that its planned Chinese joint venture was behind schedule.
Cloud computing specialist Rosslyn Data Technologies dropped by 8.57% to 8p as pre-tax losses widened to £3.7 million despite revenues climbing by 83%.
Budget airline easyJet has said that results for the fourth quarter will be strong after robust customer demand drove passenger and ancillary revenues.
Serco saw its shares surge 13.70% to 100.40p after it said revenues for the 2018 financial year would be at the very top end of prior forecasts.
Independent investment bank Numis has announced that second-half revenues didn’t meet the same levels recorded during the H1 and warned on profits.