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TT Electronics reiterates FY outlook, YTD revenues down 2%
Electronic components TT Electronics reiterated its full-year outlook on Friday despite "continuing global macroeconomic uncertainty".
S4 Capital reports weaker first quarter, as expected
Digital advertising and marketing services company S4 Capital reported a decline in net revenue in its first quarter on Friday, which it put down to ongoing client caution and a decrease in activity within its technology services segment.
Mothercare shares slide as group enters refinancing negotiations
Retailer Mothercare shares nosedived in early trading as the group revealed it had entered refinancing negotiations as demand for its products continued to be subdued.
Cairn Homes maintains guidance as demand stays strong
Irish homebuilder Cairn Homes has reiterated its full-year guidance after a strong start to the year, saying demand for new homes remains "exceptionally high", as it reported a forward order book of more than €1bn.
C&C backs guidance as it delays FY results
Bulmers, Magners and Tennent’s owner C&C Group reaffirmed its annual guidance on Friday as it said full-year results will be delayed as additional time is needed to complete a review of certain non-cash accounting measurements relating to previous financial periods.
Europe open: Stoxx hits fresh highs as UK exits recession
European shares hit fresh record highs on Friday as news that the UK had officially exited recession in the first quarter boosted sentiment.
CRH revenues rise as strong NA growth offsets weakness in Europe
London-listed shares in CRH rose on Friday after the builders' merchant said it made a solid start to 2024 in the seasonally least significant quarter, with revenues rising on the back of positive pricing, early-season activity and favourable weather in key markets.
London open: FTSE gains as UK exits recession
London stocks rose in early trade on Friday as data revealed the UK is no longer in recession.
Bytes Technology appoints Sam Mudd as permanent CEO
Bytes Technology Group announced the appointment of Sam Mudd as its permanent chief executive officer on Friday, as it also welcomed two independent non-executive directors to its board.
TBC Bank in £22m share buyback as Q1 profits jump
Georgia's TBC Bank reported higher first-quarter profit as net interest income jumped 21%, driven by higher interest rates and a "dynamic" loan book as it also launched a 75 million Georgian lari (£22. 4m) share buyback.
UK no longer in recession as Q1 GDP grows 0.6%
The UK is no longer in recession, according to data released on Friday by the Office for National Statistics.
Aquila calls off merger talks with Octopus Renewables
Merger talks between Octopus Renewables Infrastructure Trust (ORIT), the clean energy investment fund of Octopus Energy Group, and smaller peer Aquila European Renewables (AERI) have been called off after AERI rebuffed an indicative offer.
London pre-open: Stocks seen up as UK economy no longer in recession
London stocks were set to rise at the open on Friday as investors mulled the latest UK GDP figures.
Rightmove paints upbeat picture as customer numbers grow
Property portal Rightmove has reiterated its revenue and profit guidance for the full year, but upgraded its customer growth expectations after a strong start to the year.
Rightmove hikes customer growth forecast, Bytes appoints permanent CEO
London open The FTSE 100 is expected to open 24 points higher on Friday, having closed up 0. 33% on Thursday at 8,381. 35.
IAG sees strong summer demand as Q1 profits take off
British Airways owner IAG said it was "well positioned" for the summer after posting a huge rise in first quarter profit on the back of strong leisure travel demand, especially over the Easter holidays.
Friday newspaper round-up: Tata, Post Office, John Lewis, KPMG
Members of a steelworkers’ union have voted to take industrial action in protest at planned job losses at Tata. The company last month rejected a plan by unions to keep open a blast furnace at the Port Talbot steelworks, ending hopes of avoiding as many as 2,800 job losses. – Guardian.