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Company News

Strong euro boosts Filtrona
Thursday 28 Aug 2008
Substantially reduced restructuring costs helped plastics and fibres group Filtrona boost pre-tax profits in challenging market conditions.
Premier Oil profits triple
Thursday 28 Aug 2008
High oil prices and an increase in production sent first half net profit up to $71.2m at Premier Oil, 247% better than the previous year.
Aegis says revenue outlook "uncertain"
Thursday 28 Aug 2008
Marketing communication firm Aegis has achieved a “good” result for the half year but said the trading environment is becoming tougher with its revenue outlook for the second half less certain.
Profits dip at Premier Foods, prices hiked
Thursday 28 Aug 2008
Profit before tax from continuing operations fell 29% to £3.6m at Branston pickle and Hovis bread Premier Foods in the first half.
SOCO producing oil again
Thursday 28 Aug 2008
Oil and gas exploration and production company SOCO International is once again generating operating cash inflows after selling its sole producing asset earlier this year.
McAlpine acquisition boosts Carillion
Thursday 28 Aug 2008
The acquisition of rival Alfred McAlpine helped construction and support services firm Carillion post first half results slightly ahead of expectations.
Aer Lingus in red as fuel costs soar
Thursday 28 Aug 2008
Soaring fuel costs have sent Aer Lingus into the red at the half way stage and the Irish low cost airline expects to report a loss for the full year.
HSBC ups stake in Vietnamese bank
Thursday 28 Aug 2008
Banking giant HSBC has lifted its stake in Vietnam Technological and Commercial Joint Stock Bank ("Techcombank").
Amec raises 2010 margin target
Thursday 28 Aug 2008
Engineering and project management firm Amec raised its margin target for 2010 and said it saw record trading performance in the first half with continuing strength in energy end markets
Ferrexpo sparkles
Thursday 28 Aug 2008
Iron ore pellet producer Ferrexpo had a sparkling first half, with revenue and earnings sharply higher.
Diageo earnings up 7%
Thursday 28 Aug 2008
Full year earnings came in weaker than expected at Guinness brewer Diageo due to rising costs and lower consumer spending.
Cost pressures increasing at Kazakhmys
Thursday 28 Aug 2008
Poor weather and changes in the timing of sales hit first half revenue and earnings at miner Kazakhmys.
Tui, Thomas Cook in German tie-up discussions
Thursday 28 Aug 2008
Tour operators Tui Travel, Thomas Cook and German airline Lufthansa are in "early discussions" to merge Condor, Germanwings and TUIfly Germany.
Thursday preview: Diageo, online gaming, Premier Foods, Cattles
Wednesday 27 Aug 2008
Diageo is due to publish full year results tomorrow. The drinks giant saw organic net sales growth of 7% over the nine months to 31 March, which was good enough to persuade the company to maintain guidance for 9% organic operating profit growth for the full year.
Glanbia lifts profits, awaits costs rise impact
Wednesday 27 Aug 2008
Irish dairy products group Glanbia reported a sharp rise in first half revenues and profits, but said higher input costs would impact results in the second half.
Axis-Shield says outlook remains positive
Wednesday 27 Aug 2008
In-vitro diagnostics firm Axis-Shield said it has produced another good trading performance during the half-year, adding that its outlook remains “very positive.”
UK & Ireland restrict Kingspan
Wednesday 27 Aug 2008
Irish building products company Kingspan saw weak demand from the UK and Ireland hit performance in the first half.
Circle Oil's ONZ4 to start production next month
Wednesday 27 Aug 2008
Circle Oil has completed the acquisition of a 60% interest in the Oulad N'Zala permit in the Rharb Basin, Morocco and plans to start production next month.
Highway Insurance in bid talks
Wednesday 27 Aug 2008
Highway Insurance is in advanced talks about a possible bid for the motor insurer, it admitted today following a surge in its share price.
FBD cautions on rainy weather
Wednesday 27 Aug 2008
Lower premiums and poor investment returns sent Irish underwriter FBD into the red in the first half of 2008, with the appalling weather in Ireland recently to hit the full year as well.

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