Grafton builds solid foundation in early 2019
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FTSE-250 construction supplies firm Grafton Group has announced a 6.1% improvement in total revenues for the four months ended 30th April.
Financial News
Osirium Technologies results fail to secure investor confidence
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AIM-listed cloud cyber-security specialist Osirium Technologies deepened its operating loss during 2018 despite a 48% improvement in revenues.
Dropping tobacco volumes trigger Imperial Brands sell off
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Tobacco giant Imperial Brands has seen its share price drop by 5.20% as tobacco volumes for the six months ended 31st March fell by 6.9%.
Domino’s Pizza fails to deliver abroad
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The price of shares in fast food operator Domino’s Pizza has dropped by 2.45% after it reported a drop in international system sales during Q1.
Distil sales evaporate in quarterly update
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AIM-listed beverages firm Distil has announced that revenues for the quarter ended 31st March were down by 33% and volumes had dropped by 32%.
Begbies Traynor boosted as it finishes year well
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Begbies Traynor has seen its share price climb 13.08% after it said that a strong final quarter meant annual results would be ahead of market expectations.
HSBC shares jump higher on better than expected first-quarter results
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For the 3-months ended 31st March 2019, net profits jumped by 31% to $4.9 billion on revenue of $14.4 billion – which compares to the consensus of $3.7 billion and $13.9 billion, respectively.
Numis posts a more than 60% decline in pre-tax profits
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For the 6-months ended 31st March 2019, pre-tax profits declined to £7.1 million, partly due to a decline in the valuation of companies in its investment portfolio.
Sanderson shares boosted by fresh acquisition
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Sanderson has seen its share price rise by 5.35% after it announced the acquisition of a logistics provider for a maximum consideration of £4 million.
Howden Joinery builds revenue position
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Howden Joinery upped its revenues by 5.7% during the first 16 weeks of the financial year, beating strong comparatives from the prior year.