The advertising and communications group posted net revenue of £103.8 million, down 5.1% LONDON: M&C Saatchi PLC (SAA.L) reported a 36% drop in like-for-like operating profit for the six months ended June 30, 2025, as macroeconomic uncertainty and client caution weighed on second-quarter performance, particularly in Australia. The advertising and communications group posted like-for-like net…
Tag: cost savings
Checkit plc narrows losses, boosts margins in H1 FY26 amid cost cuts and AI-driven efficiency
Annual Recurring Revenue (ARR) grew 3% to £14.0 million on a constant currency basis LONDON: Checkit plc (AIM: CKT), a provider of automated operational monitoring solutions, reported a significantly improved financial performance for the six months ended July 31, 2025, driven by cost reductions and increased use of artificial intelligence in product development. The company…
Videndum Plc reports significant revenue decline, increased losses in H1 2025
Company blames U.S. trade policies and economic uncertainty for 25% revenue drop; acknowledges ‘material uncertainty’ in financial outlook LONDON: Videndum PLC reported a significant decline in its first-half 2025 results, with revenue down 25% compared to the same period in 2024. The company, which provides hardware and software for the content creation market, cited ongoing…
Capita plc reports solid strategic progress despite revenue dip in H1 2025
LONDON: Capita plc (CPI.L) reported solid progress against its strategic transformation objectives in the first half of 2025, maintaining its full-year guidance despite a 4% decline in adjusted revenue and a 22% drop in adjusted operating profit. CEO Adolfo Hernandez said the company’s Public Sector division delivered a “particularly strong performance,” with contract wins and…
Trifast returns to profit as strategic initiatives boost margins
LONDON: Trifast PLC (LSE: TRL.L), a global specialist in engineered fastenings, on Thursday reported a return to full-year profitability, as margin recovery and progress on its “Recover, Rebuild, Resilience” strategy helped offset challenging market conditions. For the year ended March 31, 2025, Trifast posted underlying EBIT of £15.6 million, up from £11.9 million the previous…
Rosebank acquires Electrical Components International in £1.14 billion deal
LONDON: Rosebank announced Thursday the acquisition of U.S.-based Electrical Components International (ECI), a market leader in critical electrical distribution systems, in a deal financed through debt facilities and a fully underwritten institutional capital raise of approximately £1.14 billion ($1.45 billion). The acquisition, Rosebank’s first under its “Buy, Improve, Sell” strategy, aims to enhance shareholder value…
Indivior Plc to delist from London Stock Exchange, citing U.S. focus and cost savings
RICHMOND: Indivior PLC (Nasdaq/LSE: INDV) announced Tuesday its plans to cancel its secondary listing on the London Stock Exchange, consolidating its primary listing on Nasdaq as the company shifts focus to its U.S. operations. The pharmaceutical firm, known for its addiction treatment SUBLOCADE, said the move reflects its revenue concentration in the U.S., where over…
Cloud Services: 3 Ways They Can Improve Your Business
Cloud services are becoming more and more popular every day. Many businesses are starting to move their operations to the cloud, and for good reason! Many benefits come with using cloud services. In this blog post, we will discuss three ways that cloud services can improve your business. Better Price, Higher Value It can be…