Company’s underlying net profit after tax was $640 million, a decrease of 21% SYDNEY: AGL Energy Ltd. (AGL) announced a statutory loss of $98 million for the twelve months ending June 30, 2025, a result influenced by significant items totaling $596 million, including an increase in onerous contracts and costs for a retail transformation. The…
CLS Holdings reports half-year 2025 results amid strategic reshaping and leasing momentum
LONDON: CLS Holdings PLC (LSE: CLI), a leading office space specialist with a £1.75 billion portfolio across the UK, Germany, and France, announced its half-year financial results for the six months ended June 30, 2025, highlighting strategic progress in lettings, asset sales, and refinancing. The Group reported a net rental income of £53.3 million, down…
Beazley Plc reports first-half profit decline amid strategic growth
Company posted a profit before tax of $502.5 million for the first half of 2025, a 31% decrease LONDON: Beazley plc, the specialist insurance company, announced Wednesday a profit before tax of $502.5 million for the first half of 2025, a 31% decrease from the $728.9 million reported in the same period last year. The…
Bravura Solutions posts strong FY25 results, declares $21.1 million in dividends
The software provider posted underlying revenue of A$256.8 million, up 3.1% SYDNEY: Bravura Solutions Limited (ASX:BVS) reported a sharp rise in earnings for the fiscal year ended June 30, 2025, driven by recurring revenue growth and a one-off licence sale to Fidelity International. The software provider posted underlying revenue of A$256.8 million, up 3.1% year…
evoke Plc reports strong H1 2025 results with 44% EBITDA growth
For six months, evoke posted adjusted EBITDA of £165.9 million, up 44% LONDON:evoke Plc (LSE: EVOK), the global betting and gaming group behind brands such as William Hill, 888, and Mr Green, reported a fourth consecutive quarter of growth and a sharp rise in profitability for the first half of 2025, driven by strategic transformation…
Glanbia Plc delivers resilient HY 2025 performance, upgrades full-year EPS guidance
Group revenue rose 6.0% to $1.93 billion LONDON: Glanbia plc reported a resilient performance for the first half of 2025, with adjusted earnings per share (EPS) ahead of expectations, prompting an upgrade to its full-year guidance. The global nutrition group posted revenue growth across its Health & Nutrition (H&N) and Dairy Nutrition (DN) segments, while…
Jangada Mines appoints Paulo Misk as CEO to accelerate Brazilian gold project
LONDON: Jangada Mines Plc (AIM: JAN), a natural resource development company, has appointed Paulo Guimarães Misk as Chief Executive Officer, effective immediately. The move marks a strategic shift as the company intensifies efforts to advance its Paranaíta Gold Project in Brazil’s Alta Floresta – Juruena Gold Province. Misk, a Brazilian national with nearly four decades…
Severfield appoints Paul McNerney as new CEO
LONDON: Severfield plc, the UK’s market-leading structural steel group, has appointed Paul McNerney as its new Chief Executive Officer following a comprehensive executive search. McNerney will assume the role in the autumn, with a formal start date to be announced. McNerney brings more than 25 years of leadership experience in construction and engineering, most recently…
ASB reports 1% dip in annual profit amid strong lending and KiwiSaver growth
SYDNEY: ASB Bank, a subsidiary of Commonwealth Bank of Australia, posted a 1% decline in cash net profit after tax to NZ$1.35 billion for the year ended June 30, citing increased operating expenses and continued investment in technology and customer services. Statutory net profit after tax fell 0.4% to NZ$1.45 billion. Despite the dip in…
Stocks rally as tame inflation data fuels rate cut bets
Dow Jones jumps 463 points as inflation data sparks rate cut optimism NEW YORK: U.S. stocks surged Tuesday after fresh inflation data came in slightly below expectations, bolstering hopes that the Federal Reserve may cut interest rates as soon as next month. The Dow Jones Industrial Average climbed 463 points, or 1.1%, to 44,428. The…
Atlantic American Corp swings to profit in Q2 2025 on premium growth, equity gains
The insurance holding company posted net income of $4.1 million ATLANTA: Atlantic American Corporation (Nasdaq: AAME) reported net income of $3.3 million, or $0.15 per diluted share, for the second quarter ended June 30, 2025, reversing a net loss of $0.7 million, or $0.04 per diluted share, in the same period last year. For the…
Your roadmap to success: How to craft a business plan that attracts angel investors
For any aspiring entrepreneur, turning a brilliant idea into a thriving business requires more than just passion—it demands a strategic roadmap. This is where a well-crafted business plan comes in. A comprehensive plan is the foundation upon which you build your company, but it’s also a powerful tool for attracting the funding you need to…