€1.1 billion free cash flow and resilient margins underscore financial strength despite currency headwinds LONDON: Unilever posted underlying sales growth of 3.4% for the first half of 2025, bolstering investor confidence for stronger full-year performance. First half highlights: Despite external headwinds including adverse currency movements and net disposals, the consumer goods giant delivered volume-led growth,…
Category: London Stock Exchange
News and updates from London Stock Exchange
JTC Plc to acquire Kleinwort Hambros Trust Company for £20 million
LONDON: JTC Plc, the global professional services business, announced the proposed acquisition of Kleinwort Hambros Trust Company (CI) Limited and its subsidiaries (together KHT), which are wholly owned subsidiaries of Union Bancaire Privée, UBP SA (UBP), for total consideration of £20 million, which will be settled in cash. KHT is expert in providing trust and estate…
Brookfield’s BWS Holdings makes £2.4 billion bid to acquire UK’s Just Group
LONDON: Brookfield Wealth Solutions (BWS) is making a bold move into the UK insurance market. On Wednesday, BWS Holdings Ltd.—via its subsidiary Bidco—announced a £2.4 billion all-cash offer to acquire the entirety of Just Group PLC, a British retirement-focused insurer. The acquisition will be executed through a court-sanctioned scheme of arrangement under the UK’s Companies…
Hargreaves Services posts double-digit growth amid HRMS revival and dividend boost
Revenue rose 25.2% to £264.4 million, while EBITDA climbed 29.1% to £33.7 million LONDON: Hargreaves Services plc (AIM: HSP), the diversified industrial and property services group, reported preliminary results for the year ended 31 May 2025 showing significant growth in revenue and EBITDA, alongside a return to profitability in its HRMS joint venture and a…
Foxtons Group reports fifth consecutive year of progress as adjusted operating profit jumps 31%
LONDON: Foxtons Group plc (LSE: FOXT) reported robust interim results for the first half of 2025, underlining continued momentum in its multi-year growth strategy. Revenues rose by 10% year-on-year to £86.1m, while adjusted operating profit surged 31% to £12.3m. Profit before tax climbed 35%, reaching £10.2m. The Group benefited from resilient performance across its core…
Man Group posts record AUM on back of strong inflows, despite market headwinds
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…
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…