Roblox shares rallied 16% Thursday after the gaming platform reported second-quarter results that exceeded analyst expectations, driven by sharp growth in user engagement and bookings. Net bookings for the quarter rose 51% from the year prior to $1.44 billion, topping LSEG’s consensus estimate of $1.24 billion. The company now expects third-quarter bookings between $1.59 billion…
SEGRO plc posts strong H1 2025 results amid growing development momentum
LONDON: SEGRO plc reported robust earnings and dividend growth for the six months ended June 30, 2025, driven by embedded rent reversion, growing development activity, and strategic expansion into data center infrastructure. The real estate investment trust posted a 7.8% year-on-year increase in like-for-like net rental income, bolstered by UK rent reviews and renewals. Adjusted…
AMCIL reports lower profit amid market underperformance, boosts dividend
Company’s portfolio returned 6.4% including franking credits, significantly trailing the S&P/ASX 200 Accumulation Index return of 15.1% MELBOURNE: Investment firm AMCIL Limited announced a full-year profit of $6.7 million for 2024/2025, down from $7.5 million the previous year, amid portfolio underperformance relative to the broader Australian market. The company’s portfolio returned 6.4% including franking credits,…
Atturra to acquire Blue Connections in strategic expansion move
SYDNEY: Atturra Limited (ASX: ATA), a top-tier Australian IT services provider, announced Wednesday its subsidiary, Cirrus Networks Holdings Pty Ltd, will acquire Blue Connections Pty Ltd in a move expected to bolster its managed services footprint and national reach. The deal, valued at up to AUD 25.5 million including performance-based earn-outs, will see Blue Connections…
Standard Chartered soars on record wealth flows, announces $1.3 billion buyback after stellar H1
Operating income for H1 reached $10.9 billion, up 10% LONDON: Standard Chartered PLC (STAN.L) delivered a powerful set of first-half 2025 results, driven by double-digit income growth in key divisions and record wealth inflows, prompting a significant $1.3 billion share buyback and a 37% dividend hike. Group Chief Executive Bill Winters declared the performance reflected…
Helios Towers reports strong first-half performance with 9% EBITDA growth
Operator reaffirms full-year guidance as platform integration drives cash flow and margin expansion across high-growth markets LONDON: Helios Towers plc reported robust unaudited results for the six months ending 30 June 2025, reinforcing its full-year guidance and underscoring the operational efficiency of its infrastructure-led business model. The London-based telecoms tower operator marked its fifteenth anniversary…
Shell Reports Second-Quarter 2025 Income Decline Amid Market Headwinds
Adjusted Earnings for the second quarter ended June 30, 2025 stood at $$4.26 billion compared with $6.29 billion last year LONDON: Shell PLC reported a decline in second-quarter 2025 income attributable to shareholders compared to the first quarter, citing weaker trading margins and lower realised prices for liquids and gas. Marketing margins rose during the…
Rolls-Royce Holdings Plc signals robust growth with HY 2025 results, upgrades full-year outlook
In six months, the group reported a 50% surge in underlying operating profit to £1.7 billion LONDON: Rolls-Royce Holdings PLC delivered a markedly strong first-half performance for 2025, underscoring the momentum of its multi-year transformation despite headwinds from supply chain disruptions and rising tariffs. In the six months to June 30, the group reported a…
Unilever posts solid H1 growth, signals strong full-year outlook
€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,…
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…
Bouygues posts solid first-half results despite tax impact
Group confirms full-year 2025 outlook amid macroeconomic and geopolitical uncertainties PARIS: Bouygues reported robust first-half 2025 results with sales rising 1.3% year-on-year to €26.9bn, supported primarily by momentum in the construction sector and Equans. Current operating profit from activities (COPA) climbed €49m to €796m, while net profit attributable to the Group—excluding France’s exceptional income tax…