LONDON: CPP Group (AIM: CPP) has agreed to sell its India-based subsidiary, CPP Assistance Services Private Ltd, for US$21 million (approx. £15.7 million), marking a key milestone in the Group’s transformation into a pure-play InsurTech business. The buyers, OneAssist Consumer Solutions and Bolttech Device Protection India, will acquire 100% of the company in a transaction…
Category: London Stock Exchange
News and updates from London Stock Exchange
Software Circle reports solid FY25 growth amid AI expansion
LONDON: Software Circle plc (AIM: SFT) on Wednesday reported preliminary results for the year ended March 31, 2025, with strong revenue growth and improved adjusted EBITDA, bolstered by acquisitions and expanding use of artificial intelligence across its operations. The Group posted full-year revenue of £18.3 million, up from £16.2 million in FY24, while adjusted EBITDA…
Informa powers ahead: 20%+ earnings surge triggers upgraded guidance and £150m buyback boost
LONDON: Global B2B events and academic information giant Informa PLC (LSE: INF.L) delivered a robust set of half-year results for 2025, showcasing significant growth across key financial metrics and prompting an upgrade to its full-year outlook. The company also committed to a further £150 million in share buybacks, underscoring confidence in its trajectory. Strong Core…
CyanConnode sees dip in annual revenue, triples order book amid India expansion
LONDON: CyanConnode Holdings plc (AIM: CYAN), a UK-based provider of narrowband RF mesh networks, reported a 24% decline in full-year revenue, citing delayed deployment momentum in its largest market, India. Revenue fell to £14.2 million for the year ended March 31, 2025, from £18.7 million in FY24, primarily due to election-related business uncertainty and consumer…
Heathrow welcomes record 39.9 million passengers in H1 2025 amid strong demand for Asia and Middle East routes
LONDON: Heathrow (SP) Limited recorded its busiest-ever first-half period in 2025, welcoming 39.9 million passengers despite geopolitical tensions and economic headwinds, the airport operator said Wednesday. The uptick was driven by increased long-haul travel, particularly to Asia-Pacific and Middle Eastern destinations, while transatlantic traffic remained robust. The UK’s largest airport reported a 1.9% rise in…
DFI Retail Group announces special dividend, 39% profit jump
LONDON: DFI Retail Group Holdings Limited reported a 39% increase in underlying profit for the first half of 2025 on Tuesday and announced its first special dividend in 18 years, signaling confidence in its strategic overhaul. The pan-Asian retailer said underlying profit attributable to shareholders rose to $105 million for the six months ended June…
The Works delivers profit surge in FY25 amid strategic overhaul
LONDON: TheWorks.co.uk plc, a U.K. retailer specializing in affordable, screen-free activities, posted stronger earnings and rising profit margins for the fiscal year ended May 4, 2025, aided by the successful rollout of its new strategic plan. Total revenue declined 2% to £277 million, impacted by the prior year’s additional trading week, but the company’s store-led…
Centrica commits £1.3 billion to Sizewell C nuclear project in landmark energy investment
LONDON: Centrica plc has announced a £1.3 billion investment for a 15% equity stake in Sizewell C, a new nuclear power station in Suffolk expected to power six million UK homes. The acquisition positions Centrica alongside HM Government, La Caisse, EDF, and Amber Infrastructure Group, marking one of the largest clean energy investments in a…
ME Group reports record H1 2025 profits driven by laundry expansion and cost discipline
LONDON: ME Group International plc (LSE: MEGP), the instant-service equipment provider, posted record first-half profits for the six months ended April 30, 2025, fueled by strong growth in its laundry segment and disciplined cost management. Group revenue rose 2.3% year-over-year to £153.8 million (up 4.7% at constant currency), while EBITDA climbed 3.9% to £53.2 million….
Diaceutics Plc reports 22% H1 revenue growth; Boosts recurring income
LONDON: Diaceutics PLC (AIM: DXRX), a technology provider for pharmaceutical and biotech companies, announced strong first-half revenue growth driven by increased demand for its precision medicine commercialization services. Revenue rose 22% on a constant currency basis to £14.6 million ($18.9 million) in H1 2025, marking a three-year compound annual growth rate of 25%. Recurring revenue…
Kier Group CEO Andrew Davies to retire; Stuart Togwell named successor
LONDON: Kier Group plc announced Tuesday that Chief Executive Andrew Davies will retire and step down from the board on Oct. 31. Stuart Togwell, currently executive director and group managing director of construction, will succeed him on Nov. 1. Davies, who joined Kier in 2019, is credited with steering the infrastructure services and construction group…
Inchcape Plc to acquire Iceland’s leading automotive distributor Askja
LONDON: Inchcape plc, the global automotive distribution group, said Tuesday it has agreed to acquire Askja, Iceland’s leading automotive distributor, marking its entry into a new regional market. The deal includes Askja and affiliated businesses, and is expected to close in the third quarter of 2025, pending customary conditions and regulatory approval. Inchcape said the…