LONDON: Capita plc (CPI.L) reported solid progress against its strategic transformation objectives in the first half of 2025, maintaining its full-year guidance despite a 4% decline in adjusted revenue and a 22% drop in adjusted operating profit. CEO Adolfo Hernandez said the company’s Public Sector division delivered a “particularly strong performance,” with contract wins and…
Category: London Stock Exchange
News and updates from London Stock Exchange
Serica Energy reports resilient H1 performance despite triton downtime
Company posted revenue of $305 million for six months, down from $462 million in the same period last year LONDON: Serica Energy plc (AIM: SQZ), a British independent oil and gas company operating in the UK North Sea, reported a resilient financial performance for the first half of 2025, despite a significant production impact from…
Eutelsat Communications FY 2024-25 results show strong momentum, stable EBITDA
Company reported full-year revenues of €1.244 billion for fiscal 2024-25, up 2.5% PARIS: Eutelsat Communications (ETL.PA) reported full-year revenues of €1.244 billion for fiscal 2024-25, up 2.5% on a reported basis and 1.6% like-for-like, driven by robust growth in low Earth orbit (LEO) services. Revenues from the group’s four operating verticals stood at €1.226 billion,…
The Scottish American Investment Company reports steady gains, dividend growth in H1 2025
SAINTS declared a second interim dividend of 3.75 pence per ordinary share LONDON: The Scottish American Investment Company (SAINTS) posted modest gains in the first half of 2025, with net asset value (NAV) total return rising 1.1% and share price return climbing 3.6%, according to its unaudited interim financial report approved by the board on…
Rotork Plc reports solid H1 2025 performance, driven by growth+ strategy
Adjusted operating profit climbed 10.1% OCC to £80.8 million, with margins improving to 22.0%. LONDON: Rotork plc reported a resilient first-half performance for 2025, with strong order intake and steady revenue growth, underscoring the effectiveness of its Growth+ strategy despite macroeconomic volatility. The engineering group posted a 6.3% year-on-year increase in order intake on an…
Software Circle acquires Artificial Intelligence Finance Limited for €9.0 million
LONDON: Software Circle plc (AIM: SFT) has acquired approximately 95% of the issued share capital of Artificial Intelligence Finance Limited. AIF provides software to mortgage and insurance brokers and lenders in Ireland. The total consideration of up to €9.0m will be satisfied in cash and is structured on a debt free/cash free basis. The acquisition…
Clarkson PLC reports resilient interim results amid global uncertainty
Group posted an underlying profit before taxation of £39.4 million, down from £51.5 million in the same period last year LONDON: Clarkson PLC on Monday reported unaudited interim results for the six months ended June 30, 2025, highlighting a resilient performance despite a challenging global economic backdrop. The UK-based shipping services group posted an underlying…
Senior plc reports strong interim results, confirms sale of Aerostructures Division
Company posted revenue of £371.2 million from continuing operations, up 5% LONDON: Senior plc, a global manufacturer of high-technology components and systems, reported robust interim results for the half-year ended June 30, 2025, with performance in line with expectations and strategic progress marked by the agreed sale of its Aerostructures division. The company posted revenue…
BP announces major oil and gas discovery at Bumerangue Prospect offshore Brazil
bp announced an oil and gas discovery at the Bumerangue prospect in the deepwater offshore Brazil LONDON: bp drilled exploration well 1-BP-13-SPS at the Bumerangue block, located in the Santos Basin, 404 kilometres (218 nautical miles) from Rio de Janeiro, in a water depth of 2,372 metres. The well was drilled to a total depth of 5,855 metres. The…
Zegona announces FibreCo joint venture in Spain with Vodafone, MasOrange, and GIC
LONDON: Zegona Communications plc (LSE: ZEG) announced Monday that Vodafone Holdings Europe, MasOrange S.L, and global investor GIC Private Markets Pte Ltd have entered into a binding agreement to establish FibreCo, a new fibre network company in Spain. The deal activates a prior agreement signed in January 2025 between Vodafone Spain and MasOrange, aiming to…
Auction Technology Group acquires Chairish LLC for $85 million
LONDON: Auction Technology Group plc (LON: ATG), a leading operator of curated online auction marketplaces, announced Monday the acquisition of Chairish LLC, a premier list-price marketplace for vintage furniture, décor, and art, in a deal valued at $85 million. The acquisition marks a strategic expansion for ATG into the broader Arts & Antiques (A&A) market,…
AIB Group posts €927 million profit in H1 2025, resumes interim dividend
LONDON: AIB Group PLC reported a robust first-half performance for 2025, posting a profit after tax of €927 million and announcing the resumption of its interim ordinary dividend, amounting to €263 million. The bank cited strong lending activity and resilient economic conditions in Ireland as key drivers of growth. New lending rose by €600 million…