Finance News – U.K.
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Wizz Air: Shares tank as profit tumbles
Wizz Air experienced a significant decline in annual operating profit due to ongoing supply disruptions and geopolitical challenges, leading to a sharp decrease in its stock value...
Read Full Article →Young’s: Pub giant raises dividend as earnings jump
Young & Co’s increased its shareholder payments following a notable rise in revenue and profitability, reflecting strong financial performance despite higher operational expenses a...
Read Full Article →Mitchells & Butlers: Profit at All Bar One owner jumps as Brits keep spending
Mitchells & Butlers experienced a notable increase in half-year earnings driven by steady consumer demand, with revenue climbing to £1,454 million despite facing substantial cost p...
Read Full Article →Investec rakes in £1bn profit after lending and deposit boost
Investec’s latest financial results reveal a notable rise in operating profit, driven by strengthened lending activities and higher deposit levels, surpassing previous expectations...
Read Full Article →SSP: Upper Crust owner’s shares surge after profit soars
The FTSE 250 company experienced a notable increase in operating profit and revenue across multiple sectors during the first half of 2024, contributing to a significant rise in its...
Read Full Article →Future: Go Compare owner announces share buyback
The company’s decision to repurchase shares reflects confidence in its stable profitability and cash flow, following a period of consistent operating earnings despite a slight decr...
Read Full Article →Sage boosts profit and margins as AI tools drive growth
Sage's half-year financial results demonstrate notable improvement in earnings and profitability, supported by increased cloud service demand and the integration of artificial inte...
Read Full Article →Marston’s: Pub chain swings back into the black
Marston’s has returned to profitability with a notable rise in underlying profit before tax to £19 million in the first half, supported by increased customer demand and improved co...
Read Full Article →IAG: Share price of British Airways owner ‘significantly undervalued’
Analysts highlight that the airline group's stock may not fully reflect its robust quarterly profits and ambitious fleet expansion amid increasing passenger numbers and challenging...
Read Full Article →Ray-Ban owner issues warning after UK sales fall
Luxottica Group's UK division anticipates a decline in gross and operating profits for 2024 due to rising expenses, following a decrease in sales and overall financial performance...
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