LONDON: Secure Trust Bank PLC (STB.L), a UK-based specialist lender, reported a 36.3% rise in adjusted pre-tax profit to £23.3 million for the six months ended June 30, 2025, driven by strong income growth and tighter cost controls. The Group’s statutory profit before tax rose 30.4% to £22.3 million, while net lending increased 6.1% to…
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PensionBee Group reports 21% AUA growth, expands US footprint in H1 2025 interim results
LONDON: PensionBee Group plc reported strong interim results for the six months ended June 30, 2025, underscoring its continued growth in the UK and laying strategic foundations in the US retirement market. The online pension provider saw a 21% year-on-year increase in Assets Under Administration (AUA), reaching £6.3 billion, and a 14% rise in Invested…
Antofagasta Plc reports 60% surge in EBITDA, doubling underlying EPS in H1 2025
LONDON: Antofagasta plc reported a 60% year-on-year increase in EBITDA to $2.23 billion for the six months ended June 30, 2025, driven by higher copper production and materially lower costs. The EBITDA margin rose 12 percentage points to 58.8%, placing the Chilean miner among the top-tier global pure-play copper producers. CEO Iván Arriagada attributed the…
DP World posts strong H1 2025 results amid global trade disruptions
Cash generated from operations surged to $2.63 billion, up 25.6% from the prior year DUBAI: DP World reported robust financial results for the first half of 2025, with revenue rising 20.4% year-over-year to $11.24 billion and adjusted EBITDA climbing 21.4% to $3.03 billion, despite ongoing geopolitical tensions and supply chain disruptions. The global logistics giant…
CAB Payments reports interim results for H1 2025
LONDON: CAB Payments Holdings plc (CABP.L), a specialist in B2B foreign exchange and cross-border payments for hard-to-reach markets, reported modest growth and strategic progress in its interim results for the six months ended June 30, 2025, as the Group continues its transformation journey. Total income rose 3% to £51.8 million compared to H2 2024, driven…
National Grid to sell Grain LNG Terminal for £1.66 billion in strategic refocus
LONDON: National Grid plc (NG.L) said on Thursday it has agreed to sell its Grain LNG business to a consortium comprising Centrica plc and Energy Capital Partners LLC, part of Bridgepoint Group plc, for approximately £1.66 billion including a pre-completion dividend. The sale marks a further step in National Grid’s strategy to streamline operations and…
Unite Group to acquire Empiric Student Property Plc in £723 million deal
LONDON: The Unite Group PLC, the UK’s largest provider of purpose-built student accommodation (PBSA), has reached an agreement to acquire rival Empiric Student Property PLC for approximately £723 million in a cash and share deal. The acquisition, which is recommended by both companies’ boards, aims to create a combined portfolio valued at £10.5 billion and…
Balfour Beatty half-year earnings rise on strong UK performance, order book hits £19.5 billion
Underlying profit from operations held steady at £77 million LONDON: Balfour Beatty Plc (BALF.L) reported a 7% rise in profit from its earnings-based businesses for the half year ended June 27, 2025, driven by robust UK operations and a growing order book that now stands at £19.5 billion. The infrastructure group said it remains on…
Hill & Smith posts record H1 profit, launches £100 million buyback amid strong us demand
Provider of infrastructure resilience solutions posted an 11% rise in underlying operating profit to £73.5 million LONDON: Hill & Smith PLC (HILS.L) reported record first-half results on Wednesday, buoyed by robust demand in its US infrastructure markets and improved profitability in the UK, prompting the company to announce a £100 million share buyback. “We have…
Persimmon reports strong H1 growth amid market challenges
For six months, the UK homebuilder completed 4,605 new homes, up 4%, while average sales price rose 8% to £284,047 LONDON: Persimmon Plc reported a resilient performance for the first half of 2025, with growth across key financial and operational metrics despite ongoing affordability constraints and geopolitical uncertainty. For the six months ended June 30,…
Winking Studios reports 27% revenue growth in 1H2025
Company expands global footprint with largest acquisition to date SINGAPORE: Winking Studios Limited (AIM / SGX: WKS), a leading global AAA game art outsourcing and development company, reported a 27.3% year-on-year revenue increase to US$19.4 million for the six months ended June 30, 2025, driven by resilient demand and strategic expansion. Gross profit rose 38.2%…
CLS Holdings reports half-year 2025 results amid strategic reshaping and leasing momentum
LONDON: CLS Holdings PLC (LSE: CLI), a leading office space specialist with a £1.75 billion portfolio across the UK, Germany, and France, announced its half-year financial results for the six months ended June 30, 2025, highlighting strategic progress in lettings, asset sales, and refinancing. The Group reported a net rental income of £53.3 million, down…