SSE warns on profits after long hot summer
Shares in SSE dropped by 7.88% to 1,151.98p after it announced that persistently high gas prices and the weather continue to put pressure on the business.
Shares in SSE dropped by 7.88% to 1,151.98p after it announced that persistently high gas prices and the weather continue to put pressure on the business.
AIM-listed Belvoir Lettings reported a 19% increase in group revenues for the half year ended 30th June to 6.12 million and a 66% rise in pre-tax profit.
Shares in FTSE 250 oil explorer Cairn Energy fell by 4.63% to 221.46p after the company’s tax disputes with the Indian tax offices weighed it down.
International food packing firm Hilton Food Group boosted its revenues for the 28 weeks to 15th July by 25% to £863.6 million.
ABCAM watched its shares sink by 12.80% to 1294p as it missed forecasts despite pre-tax profits climbing 33% to £69.1 million.
AIM-listed gambling software and services outfit GAN has announced that its first US client has begun offering sports betting using its software.
Shares in FTSE 250 plastics manufacturer RPC Group shot up by 17.53% to 803.42p after it confirmed that it was in talks with two private equity firms.
Vanadium miner Bushveld Minerals has announced that production has been halted at one of its primary assets due to unprotected industrial action.
Shares in ImmuPharma fell by 5.55% to 19.15p after it announced that its lupus drug would be made available via a Managed Access Programme.
Greene King said like-for-like sales at its pubs in the first 18 weeks of the year were up by 2.8%, beating the wider market which grew by 1.2%.