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…
Axonius acquires Cynerio for over $100 million to bolster healthcare cybersecurity
NEW YORK: Axonius, a global leader in cyber asset intelligence, said Wednesday it acquired Cynerio, a specialist in medical device security, in a cash and stock transaction valued at more than $100 million. The deal aims to eliminate the growing cybersecurity risks posed by connected medical devices in hospitals. These devices, critical to patient care,…
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…
Aston Martin navigates tariff turbulence as interim losses widen, eyes second-half recovery
For the six months, group recorded an adjusted operating loss of £121.5 million, a 22% increase from the £99.8 million loss last year LONDON: Aston Martin Lagonda Global Holdings plc reported a widening of interim losses, as anticipated, driven by reduced deliveries of high-value special edition vehicles and operational disruption stemming from the implementation of…
Bodycote plc reports first-half decline amid tough markets; strategy advances steady
Adjusted operating profit fell 17.5% year-over-year to £55.1 million LONDON: Bodycote plc reported a 7.5% decline in group revenue to £369.0 million for the first half of 2025, citing weak conditions in automotive and industrial markets. Despite this, the company maintained its full-year outlook, highlighting progress in strategic initiatives and signs of sequential growth across…
Vault Ventures signs terms for acquisition of Kingbridge Capital
LONDON: Vault Ventures Plc (AQSE: VULT), a UK-based blockchain and fintech technology developer, announced it has signed non-binding heads of terms for the proposed acquisition of Kingbridge Capital Ltd. Under the proposed all-share deal, Kingbridge will be acquired at 0.0225p per share—a 50% premium to Vault’s closing bid price of 0.015p on July 29—valuing the…
Rio Tinto reports resilient H1 2025 earnings amid portfolio diversification
Rio Tinto allocates $1b annual spend for mine closures, including Gove refinery rehabilitation LONDON: Rio Tinto announced first-half net earnings of $4.5 billion attributable to shareholders on Wednesday, down from $5.8 billion a year earlier, as lower iron ore prices offset gains from copper and aluminum operations. Underlying earnings before interest, taxes, depreciation, and amortization (EBITDA)…
HSBC battles market volatility with focused resilience amid declining profits
For six months, profit before tax fell by $5.7bn to $15.8bn, driven by $2.1bn in dilution and impairment losses LONDON: HSBC Holdings plc reported a sharp year-on-year decline in interim profits, weighed down by notable one-offs and macroeconomic pressures, yet the bank maintained strategic execution across its core businesses, underscoring operational resilience in turbulent markets….
Santander’s half-year profit soars to record €6.83 billion amid strategic pivot
Spanish lender accelerates digital transformation and shareholder returns while consolidating UK footprint with TSB deal Banco Santander reported a record first-half profit of €6.83 billion for 2025, up 13% year-on-year, underscoring the Spanish lender’s growing resilience and operational efficiency despite geopolitical uncertainties and a shifting interest rate landscape. The group’s earnings per share jumped 19%,…
GSK signals confidence with robust Q2 as specialty medicines surge
Operating profit up 33% as strong product mix and R&D drive gains GSK Plc reported another solid quarter in Q2 2025, underscoring its trajectory toward the top end of its full-year guidance. Bolstered by strong growth in Specialty Medicines and Vaccines, the British pharmaceutical giant posted total revenues of £8.0 billion, up 6% at constant…
Djerriwarrh Investments lifts dividend despite market underperformance, touts enhanced yield
Company declared a final dividend of 8.25 cents, up 3.1% from the 8.0 cents paid last year MELBOURNE: Djerriwarrh Investments Limited (ASX: DJW) announced an increased final dividend Tuesday, underscoring its strategy of delivering enhanced fully franked income despite portfolio underperformance against the surging S&P/ASX 200 Index during the 2025 financial year. The listed investment…