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…
Technip Energies reports robust H1 2025 results, raises TPS margin guidance
Company posted a 15% increase in consolidated revenue, reaching €3.6 billion, while recurring EBITDA rose 13% to €319 million PARIS: Technip Energies reported strong unaudited financial results for the first half of 2025, underscoring its continued momentum and strategic progress in energy infrastructure and decarbonization. The company posted a 15% year-over-year increase in consolidated revenue,…
Stocks retreat after Fed leaves rates unchanged; Tariff impact still unclear
Dow Jones slides 300 points as Powell tempers rate cut expectations amid tariff concerns Stocks fell Wednesday as Federal Reserve Chair Jerome Powell dashed hopes for near-term interest rate cuts, indicating the central bank is still evaluating the inflationary impact of higher tariffs imposed by President Donald Trump. The S&P 500 lost 0.3% after gaining…
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…