CEO Matthew Moulding expects second-half revenue growth of up to 3.0% LONDON: THG PLC reported interim results for the half-year ended June 30, 2025, showing signs of recovery and strategic progress across its core divisions, despite a modest decline in revenue. Group revenue fell 2.6% year-over-year on a constant currency basis to £783.4 million, while…
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…
LONDON: UK-based video streaming solutions firm Aferian plc (LSE AIM: AFRN) reported a return to profitability in the first half of fiscal 2025, fueled by surging demand for its Amino division and strategic cost restructuring. In unaudited results for the six months ended May 31, Aferian posted a 36% year-over-year jump in revenue to $16.6…
LONDON: Victoria PLC (AIM: VCP), the international flooring group, today announced audited results for the year ended 29 March 2025, with revenue and earnings broadly in line with market expectations. The company also confirmed the refinancing of its Super Senior Revolving Credit Facility (SSRCF) and 2026 Senior Secured Notes, extending maturities to 2029. FY2025 Financial…
SYDNEY: Global investment firm KKR has signed definitive agreements to acquire Zenith Energy, an independent power producer specializing in hybrid power solutions, from a consortium of investors. Zenith’s founder and management will retain a minority stake in the company. The deal positions Zenith for long-term growth, supported by strong sector fundamentals and macroeconomic tailwinds. The…
OSLO, NORWAY: Lyse AS has entered into heads of terms with Ice Group ASA to acquire all shares of Ice Group Scandinavia Holding AS and such additional assets and shares which belong to the business of Ice, including all the shares of Ice Communication Norge AS, Phonepartner Norge Holding AS and Ice Retail Holding AS at an…
OSLO: GC Rieber Shipping ASA‘s 19% owned geoservices company Shearwater GeoServices Holding AS has entered into agreements for refinancing of a majority of the company’s outstanding debt, including the USD 325 million bridge facility originating from the acquisition of the marine seismic acquisition assets and operations of WesternGeco in November 2018. Shearwater has signed new…
HELSINKI: Lundin Energy AB has successfully completed the refinancing of its existing secured USD 4.75 billion Reserves Based Lending facility (RBL) and other corporate facilities, into a new, lower margin USD 5 billion five year corporate facility. The Facility is a combination of a five-year USD 1.5 billion RCF and USD 3.5 billion term loans,…