High street technology retailer Dixons Carphone has clawed back some ground today after the company’s preliminary results were published. While revenues rose modestly to £10.5 billion, pre-tax profits tumbled by 23.6% to £382 million.
AIM-listed digital security operation Shearwater Group has issued a trading statement today that suggests that results for the financial year ended 31st March will be towards the top end of market expectations.
Defense contractor Chemring swung back in to profit during the six months ended 30th April, despite revenues being 8% lower than in the same period of the prior year.
Shares in AIM-listed technology outfit Elektron Technology had dropped by 1.90% to 38p at 1600 BST after it issued a statement ahead of today’s AGM.
Property developer The Berkeley Group earned pre-tax profits of £934.9 million during the year ended 30th April but the company warned that it expected profits to drop by around 30% following 2018/2019.
Clothing retailer Sports Direct International has announced that it has bought an additional 8.6% stake in US outfit Iconix Brands.
Department store chain Debenhams has warned that trading in May and early June has been below plan as the company struggled in key markets and its rivals increased discounts.
Industrial equipment rental outfit Ashtead Group saw revenues rise by 20% during the year ended 30th April as the company’s US operations benefited from demand linked to major hurricane clean-up efforts.
Paper and packaging specialist DS Smith has reported that revenues for the year ended 30th April rose by 21% to £5.76 billion through a combination of organic growth in all regions and the impact of recent acquisitions.
Shares in AIM-listed drug discovery outfit hVivo had shot upwards by 30.96% to 25p at 1345 BST after the company announced positive results from Phase IIb field testing.