PZ Cussons update doesn’t impress markets
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Shares in household goods firm PZ Cussons slipped as it announced that profits for the year ended 31st May will be roughly £70 million.
Financial News
Investors sour on Majestic Wines as it moves into the red
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AIM-listed Majestic Wines watched its share price drop by 8.65% after it reported a pre-tax loss of £8.5 million for the year ended 1st April.
Pre-close statement sends British American shares up in smoke
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The price of shares in British American Tobacco has fallen by 5.51% as the company reported that it expected global industry volumes to sink 3.5% this year.
Markets positive after profits soar at Elektron Technologies
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AIM-listed Elektron Technologies has reported that revenues for the year ended 31st January rose by 13.1% with growth in all three of the firm’s divisions.
Acquisition news pushes Keyword Studios shares upwards
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Keyword Studios has seen its share price rise by 3.05% after it announced the acquisition of a specialist in audio-descriptive services.
Halma secures revenue and profit growth
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The price of shares in Halma has risen by 2.10% after it posted a 20% increase in profits before taxation for the year ended 31st March.
Profit warning sinks Ted Baker
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FTSE 250 fashion house Ted Baker has seen its share price plummet 26.94% after the board cut underlying profit forecasts for the year.
Investors mark down QUIZ after results
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The price of shares in AIM-listed clothing business QUIZ has dropped by 22.52% as it reported a 97% decline in profits before tax for the year.
Ferguson results drain investor interest
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The price of shares in plumbing and heating supplies Ferguson has dropped by 5.83% despite the company having reported a 6.2% increase in revenues for the quarter.
Avanti Communications results launch shares upwards
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Avanti Communications has reported for the 18 months to 31st December as it shifted its financial year to run to the end of the calendar year.