PARIS: TotalEnergies reported a steady adjusted net income for the third quarter, matching last year’s level despite a significant drop in oil prices, as increased hydrocarbon production and stronger refining margins helped cushion the blow. The French energy giant on Thursday posted an adjusted net income of $4.0 billion for the three months ending Sept….
Tag: Share buyback
Barclays lifts profit target, kicks off early $639 million share buyback
LONDON: Barclays BARC.L raised its key profit target and announced a fresh 500 million pound ($639 million) share buyback on Wednesday, citing strong performance and cost savings delivered ahead of plan, despite setting aside more money for a UK motor finance probe. The British bank now expects to deliver a return on tangible equity (RoTE)…
Riverstone Energy to sell Onyx Power to ResInvest Group for $49 million
LONDON: Riverstone Energy Limited (REL) announced the proposed sale of 100% of its interest in Onyx Power to ResInvest Group, a privately owned trading and investment company, supplying key commodities for global markets. Onyx Power is a European-based independent power producer that owns and operates approximately 2,350 MW of gross installed capacity of coal-, gas-,…
Tavistock Investments posts £11 million operating profit, plans rebrand to Vertex Money
LONDON: Tavistock Investments Plc (AIM:TAVI) reported an operating profit of £11.07 million for the year ended March 31, 2025, reversing a £0.4 million loss a year earlier, as the UK-based retail advisory firm undertook a strategic overhaul including asset disposals, acquisitions, and a planned rebrand. Adjusted EBITDA fell to £1.76 million from £2.23 million, impacted…
Kier Group reports strong FY25 performance with record order book and dividend growth
The company reported adjusted revenue of £4.09 billion, up 3% from the previous year LONDON: Kier Group plc, a leading UK infrastructure services, construction and property firm, posted a robust financial performance for the year ended June 30, 2025, marked by revenue growth, improved margins, and a record order book. The company reported adjusted revenue…
Grafton Group posts 9.5% profit growth in H1, eyes expansion in Iberia
Revenue rose 10.1% to £1.25 billion, supported by integration of Spanish distributor Salvador Escoda and acquisition of HSS Hire Ireland LONDON: Grafton Group plc reported a 9.5% rise in adjusted operating profit for the first half of 2025, driven by strong contributions from its Iberian operations and disciplined margin management, despite mixed market conditions across…
Johnson Service Group reports strong H1 performance, plans further share buyback
The textile services provider posted a 5.5% increase in revenue to £257.5 million LONDON: Johnson Service Group PLC (JSG) reported a solid set of interim results for the six months ended June 30, 2025, with revenue and profits rising across its key divisions and a new share buyback programme set to launch. The textile services…
Credit Clear posts strong FY25 results; Eyes further growth in digital debt resolution
SYDNEY: Credit Clear Limited (ASX: CCR), a leading Australian digital debt resolution provider, reported a 12% rise in revenue to A$46.9 million for the fiscal year ended June 30, 2025, driven by strong client onboarding and increased adoption of its AI-powered collections platform. Underlying EBITDA surged 76% to A$7.4 million, reflecting operational efficiencies and margin…
Boom Logistics delivers strong FY25 result, driving EPS growth and shareholder returns
SOUTHBANK: Boom Logistics Limited (ASX: BOL) reported a robust full-year result for FY25, with operating earnings per share (EPS) surging 38% to 22 cents, underpinned by strategic fleet renewal, disciplined cost controls, and strong project activity in renewables and transmission lines. Revenue rose 2% year-on-year to $265 million, while EBITDA climbed 9% to $50 million….
Aegon swings to profit in 1H 2025; Eyes U.S. relocation amid strong capital position
Company reported a net profit of €606 million for the first half of 2025 THE HAGUE: Aegon N.V. reported a net profit of €606 million for the first half of 2025, reversing a €65 million loss in the same period last year, as the Dutch insurer posted strong operating results and announced a strategic review…
Georgia Capital launches $50m share buyback programme following completion of $68m initiative
LONDON: Georgia Capital PLC has initiated a new US$ 50 million share buyback and cancellation programme, following the successful completion of its previously announced US$ 68 million initiative. The new programme, approved by the board on Aug. 5, will run for nine months and aims to reduce the company’s share capital. Shares will be repurchased…
HICL Infrastructure sells seven UK PPP assets to APG for £225 million
LONDON: HICL Infrastructure PLC said Monday it has agreed to sell a portfolio of seven UK public-private partnership (PPP) assets to Dutch pension services provider APG for approximately £225 million, in line with its March 2025 valuation. The portfolio includes partial stakes in Southmead Hospital and Pinderfields and Pontefract Hospitals, as well as full equity…