Inmarsat announces new long-term partnership
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Inmarsat has announced a partnership with Panasonic Avionics to provide in-flight broadband to the commercial aviation industry.
Financial News
eve Sleep shares soar on sales surge
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Shares in AIM-listed eve Sleep shot up by 17.51% to 20.80p after the company announced a 63% improvement in revenues for the first half of the year.
Kier grows after good final results
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Infrastructure services and construction group Kier upped its underlying profits before tax for the year ended 30th June by 9% to £137 million.
Kingfisher falls as first half profits drop
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Shares in retail group Kingfisher dropped 3.19% to 255.20p after adjusted profits before tax for the six months ended 31st July fell by 18% to £323 million.
Babcock grows as performance in line with guidance
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Engineering services firm Babcock has announced that trading has been in line with expectations, with the order book and pipeline steady at £32 billion.
Hardide announces that revenues will beat forecasts
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Surface coating developer Hardide announced that revenue for the year ending 30th September will be above £4.4 million, exceeding market expectations.
Augean cleans up during the first half
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Specialist waste management business Augean announced that adjusted pre-tax profits for the six months ended 30th June climbed by 36% to £4.5 million.
Ocado delivers strong quarterly performance
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Grocery delivery outfit Ocado has said that retail sales for the 13 weeks ended 2nd September were up by 13.5% as orders received saw double digit growth.
BBA Aviation climbs on acquisition
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Shares in FTSE 250 BBA Aviation rose by 2.06% to 297.80p after the company announced the acquisition of Firstmark for a $97 million consideration
Prudential drops as demerger debt details dicussed
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Shares in Prudential dropped after the company released details about the debt rebalancing that will take place as it de-merges M&G Prudential.