iomart shares drop despite positive update
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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.
Financial News
Wey Education sinks as Chinese expansion delayed
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Shares in AIM-listed Wey Education dropped by 5.33% after it announced that its planned Chinese joint venture was behind schedule.
Rosslyn Data Technologies drops as losses expand
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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%.
easyJet promises profits but shares don’t take flight
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Budget airline easyJet has said that results for the fourth quarter will be strong after robust customer demand drove passenger and ancillary revenues.
Serco soars on updated guidance
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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.
Numis warns on profits after slower second half
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Independent investment bank Numis has announced that second-half revenues didn’t meet the same levels recorded during the H1 and warned on profits.
Clinigen shares fall despite positive results
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AIM-listed pharmaceutical firm Clinigen increased full-year revenues by 26% to £381.2 million.
Saga rises as first-half profits grow
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Saga increased its pre-tax profits for the six months ended 31st July by 3.2% to £109 million as it benefited from a £2.2 million fair value movement
DCC shares weighed down by major placement
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Shares in DCC declined by 4.86% to 6,955p despite announcing that operating profits for first half will be substantially ahead of last year.
AA slows down amid hard road conditions
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Shares in AA dropped by 11.58% to 105.67p after first-half profits before tax fell by 65% to £28 million due to tough conditions.