LONDON, UK: Pension Insurance Corporation Group Limited (PICG), the parent company of the specialist UK pension insurer PIC, has announced its final results for the year ending December 31, 2023. The company has recorded a year of robust performance, marked by sustainable growth, increased profitability, and exceptional customer service. Tracy Blackwell, the CEO of PIC,…
Category: London Stock Exchange
News and updates from London Stock Exchange
Asia Wealth Group reports mid-year financials amidst challenging economic climate
LONDON: Asia Wealth Group Holdings Limited, a prominent wealth management advisory firm, has released its financial statements for the six-month period ending August 31, 2023. Despite a challenging economic environment marked by a weak Yen and reduced revenue streams, the company has maintained a strong gross margin and is actively pursuing new investment opportunities. Financial…
Endeavour Mining announces prosperous FY 2023 results with robust shareholder returns
LONDON: Endeavour Mining plc, a leading gold producer listed on the LSE, TSX, and OTCQX, has reported a triumphant close to the fiscal year 2023. The company is celebrating a production milestone of 1.1 million ounces of gold at an all-in sustaining cost (AISC) of $967 per ounce, alongside an impressive adjusted EBITDA of $1…
Nanoco Group hits major milestones with commercial orders and strategic partnerships
LONDON: Nanoco Group plc (LSE: NANO), a pioneer in the development of cadmium-free quantum dots and nanomaterials, has announced its unaudited interim results for the half-year ending 31 January 2024, marking significant achievements and financial growth. Commercial Breakthrough: The company has reached a critical milestone by securing its first-ever commercial orders. In November 2023, Nanoco…
Asiamet Resources completes biomass feedstock study for BKM copper project
LONDON: Asiamet Resources Limited has announced the successful completion of the KSK Biomass Feedstock Study. This pivotal study marks a major step forward in establishing a renewable power solution for the BKM copper cathode project in Central Kalimantan, Indonesia. The comprehensive assessment, conducted in collaboration with Britmindo Mining Services Singapore Pte Ltd, has identified abundant…
Logistics Development Group posts loss
LONDON: Logistics Development Group released its audited final results for the fiscal year ending on November 30, 2023. The company has reported an underlying EBIT of a loss of £12.0 million, a stark contrast to the previous year’s profit of £1.1 million. Similarly, the loss before tax stands at £10.7 million, down from a profit…
Sirius Real Estate bought Vantage Point Business Village in Gloucestershire for £48.25 million
LONDON: Sirius Real Estate, a prominent player in the German and UK business park sector, has marked its first UK property acquisition this year with the purchase of Vantage Point Business Village in Gloucestershire for £48.25 million (€56.4 million), reflecting a 10.2% initial yield. This move follows the company’s £147 million capital raise last November….
Apollo will purchase $8 billion of senior secured financing facilities from UBS
LONDON: UBS (NYSE:UBS) and Apollo today announced that they have entered into an agreement pursuant to which ATLAS SP has concluded its Transition Services Agreement with UBS and UBS will close out its Investment Management Agreement with Atlas. As part of this agreement, Apollo will purchase USD 8 billion of senior secured financing facilities from…
Diploma Plc to acquire Peerless Aerospace Fastener for £236m
LONDON, UK: Diploma PLC (LON:DPLM), the international value-add distribution group, announced the proposed acquisition of Peerless Aerospace Fastener LLC, a market-leading distributor of specialty fasteners into the US and European aerospace markets for ca. £236m ($300m). Peerless is one of the largest independent value-added distributors of aerospace fasteners with a strong reputation for quality and…
Eurowag reports 34.4% increase in net revenue during 2023
LONDON, UK: W.A.G payment solutions plc, known as Eurowag, a leader in the pan-European payments and mobility sector for commercial road transport, has announced its preliminary financial results for the year ending December 31, 2023. The Group reported a strong performance with a significant increase in net revenue and sustained growth across its business-critical products…
AIREA plc reports 14.1% increase in group revenue during 2023
LONDON, UK: AIREA plc, a leading UK-based specialist in design-led flooring, has reported a significant increase in its annual financial results for the year ending December 31, 2023. The company, known for its innovative approach to flooring solutions, has seen a 14.1% surge in group revenue, reaching £21.1m, up from £18.5m the previous year. The…
CPP Group posts 14% increase in revenue during 2023
LONDON, UK: CPP Group (AIM: CPP), a provider of real-time, digitally delivered assistance products that alleviate disruptions to everyday life for millions worldwide, announced its annual financial results for the year ending December 31, 2023. The company has seen a commendable increase in group revenue, which rose by 14% to £193.0 million, up from £169.8…