Group reported record assets under management (AUM) of $193.3bn for the six months LONDON: Man Group Plc reported record assets under management (AUM) of $193.3bn for the six months ended 30 June 2025, reflecting net inflows of $17.6bn—11.5% ahead of industry benchmarks—amid what it described as “one of the most challenging periods for trend-following strategies…
Category: London Stock Exchange
News and updates from London Stock Exchange
Taylor Wimpey reports resilient H1 results amid market headwinds
The housebuilder recorded Group operating profit of £161 million, compared with £182.3 million a year earlier LONDON: Taylor Wimpey plc on Wednesday reported a resilient trading performance for the first half of 2025, bolstered by an 11% increase in Group completions despite deteriorating conditions in the UK housing market. The housebuilder recorded Group operating profit…
Conduit Holdings reports interim loss amid portfolio realignment and catastrophe events
Company reported a comprehensive loss of $13.5 million for the six months ending 30 June 2025 LONDON: Conduit Holdings Limited, the Bermuda-based parent of reinsurance specialist Conduit Re, today reported a comprehensive loss of $13.5 million for the six months ending 30 June 2025, as it embarks on a strategic transformation to enhance portfolio resilience…
Franchise Brands delivers strong H1 performance amid challenging backdrop
Company posts 2.5% rise in system sales to £209.4 million, with profit before tax advancing 9.6% to £11.7 million LONDON: Franchise Brands PLC (AIM: FRAN), the international multi-brand franchise group, reported resilient interim results for the six months ended 30 June 2025, underscoring its operational agility and robust cash generation despite geopolitical and macroeconomic headwinds….
SDI Group Posts Resilient FY25 Results, Eyes Continued Growth
The company posted revenues of £66.2 million, a 0.5% increase from FY24 LONDON: SDI Group plc (LSE: SDI), a specialist manufacturer and acquirer of scientific and industrial technology firms, on Wednesday reported resilient final results for the fiscal year ended April 30, 2025, citing continued strategic execution amid macroeconomic uncertainty. The company posted revenues of…
Air Astana and China Southern Airlines sign codeshare agreement
ALMATY: Air Astana JSC, the leading airline group in Central Asia and the Caucasus regions by revenue and fleet size, has signed a codeshare agreement with China Southern Airlines to cooperate on trunk routes between Kazakhstan and China, providing travellers with more flight options. The codeshare agreement, which was signed on 29 July 2025, covers…
Rathbones Group delivers solid H1 2025 results; Completes IW&I integration
Operating profit holds steady at £107.7 million despite market volatility and migration-related outflows LONDON: Rathbones Group PLC reported solid financial results for the six months ended June 30, 2025, reflecting successful integration of Investec Wealth & Investment (IW&I) and announcing its first-ever share buyback. Operating income stood at £449.1 million, nearly flat from £447.4 million…
Aston Martin navigates tariff turbulence as interim losses widen, eyes second-half recovery
For the six months, group recorded an adjusted operating loss of £121.5 million, a 22% increase from the £99.8 million loss last year LONDON: Aston Martin Lagonda Global Holdings plc reported a widening of interim losses, as anticipated, driven by reduced deliveries of high-value special edition vehicles and operational disruption stemming from the implementation of…
Bodycote plc reports first-half decline amid tough markets; strategy advances steady
Adjusted operating profit fell 17.5% year-over-year to £55.1 million LONDON: Bodycote plc reported a 7.5% decline in group revenue to £369.0 million for the first half of 2025, citing weak conditions in automotive and industrial markets. Despite this, the company maintained its full-year outlook, highlighting progress in strategic initiatives and signs of sequential growth across…
Vault Ventures signs terms for acquisition of Kingbridge Capital
LONDON: Vault Ventures Plc (AQSE: VULT), a UK-based blockchain and fintech technology developer, announced it has signed non-binding heads of terms for the proposed acquisition of Kingbridge Capital Ltd. Under the proposed all-share deal, Kingbridge will be acquired at 0.0225p per share—a 50% premium to Vault’s closing bid price of 0.015p on July 29—valuing the…
Rio Tinto reports resilient H1 2025 earnings amid portfolio diversification
Rio Tinto allocates $1b annual spend for mine closures, including Gove refinery rehabilitation LONDON: Rio Tinto announced first-half net earnings of $4.5 billion attributable to shareholders on Wednesday, down from $5.8 billion a year earlier, as lower iron ore prices offset gains from copper and aluminum operations. Underlying earnings before interest, taxes, depreciation, and amortization (EBITDA)…
HSBC battles market volatility with focused resilience amid declining profits
For six months, profit before tax fell by $5.7bn to $15.8bn, driven by $2.1bn in dilution and impairment losses LONDON: HSBC Holdings plc reported a sharp year-on-year decline in interim profits, weighed down by notable one-offs and macroeconomic pressures, yet the bank maintained strategic execution across its core businesses, underscoring operational resilience in turbulent markets….