Company Results for 21 November 2019
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21 Nov
10:03First Property first-half profit climbs, led by growth in fund management divisionFirst Property reported a rise in profit in the first half of the year, led by growth in its fund management division. For the six months to 30 September 2019, pre-tax profit rose 8.0% to £2.98m...
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21 Nov
09:57Manolete Partners sees record new business in H1 and 50% uplift in profitLitigation finance specialist Manolete Partners has reported a record period for new business as well as a 50% increase in gross profit for the six months ended 30 September 2019. In its interim...
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21 Nov
09:47Mountview grows profits and maintains dividend amid Brexit uncertaintyProperty management company Mountview Estates reported higher earnings and profits in the six months to 30 September 2019 despite lower turnover. Group turnover fell slightly to £29.9m, down by 1%...
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21 Nov
09:40Tavistock continues AUM growth with higher profit and revenueWealth manager Tavistock Investments reported an increase in gross revenue for the six months to the end of September 2019, to more than £14.3m. Gross profit rose to £5.8m, up from £5.7m a year...
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21 Nov
09:39Helical profit more than halves following slump in property revaluation gainsOffice lettings company Helical said profit more than halved in the first half of the year on a plunge in portfolio revaluation gains. For the six months ended 30 September, pre-tax profit fell...
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21 Nov
09:30Naked Wines appoints new CEO as it transitions to online-only businessNaked Wines has confirmed Nick Devlin as its new CEO, replacing the retiring Rowan Gormley, amid several changes to its board and management team. Devlin, previously COO, will take up the position...
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21 Nov
09:00Residential Secure Income posts strong full-year resultsReal estate investment trust Residential Secure Income (RESI) has reported a total return of 8p per share for the 12 months to the end of September 2019 in its annual results statement. The group...
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21 Nov
08:38Investec profit falls amid weakness in wealth management armInvestec reported a fall in profit despite growing assets under management as weaknesses in its wealth management arm and UK banking business stifled growth. The wealth manager said it expected...
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21 Nov
08:22NewRiver records strong cashflow to support dividendReal estate investment trust NewRiver REIT grew its cashflow by 3.1% in the period since 1 April 2019, according to its half year results. Funds from operations (FFO) hit £26.4m, up from £25.6m....
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21 Nov
08:19Euromoney results 'slightly' above expectations despite weakness in asset managementEuromoney said annual results were 'slightly' above its expectations as good momentum in Its pricing, data and market intelligence products was offset by weakness in asset management. For the...
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21 Nov
08:14Royal Mail warns on outlook despite strong UK revenuesRoyal Mail posted its strongest UK revenue in five years of £5.2bn, up by 5.1%, but profit before tax fell amid a challenging operational environment. In its half-year report for the 26 weeks to...
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21 Nov
08:13Syncona posts 7.2% NAV loss despite strong salesHealthcare investment company Syncona reported a 7.2% loss for the six months to the end of September as its portfolio was weighted down by a fall in the share price of one of its holdings....
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21 Nov
07:29Countryside profit climbs as revenue boosted by jump in home salesHomebuilder Countryside said pre-tax profit climbed as revenue increased by more than a fifth thanks to a jump in completions. For the year ended 30 September 2019, pre-tax profit rose to £203.6m...
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21 Nov
07:18Johnson Matthey profit hurt by one-off costs from clean air divisionChemicals company Johnson Matthey said profit fell in the first half of the year pressured by one-off costs associated with additional freight costs and manufacturing inefficiencies in its clean...