Trading Statements for 16 March 2020
-
16 Mar
14:52Carnival warns of annual loss; seeks more liquidityCruise company Carnival warned it expected to post a full-year net loss and said the fast-spreading coronavirus was also having a 'material negative impact' on its liquidity. The company said it...
-
16 Mar
14:28GVC warns on profits as coronavirus triggers cancellation of sports eventsGambling company GVC issued a profit warning, pinned on the cancellation of sporting events due to the spreading coronavirus. Earnings before interest, tax, depreciation and amortisation for the...
-
16 Mar
13:16Bank of Georgia reconsiders paying dividend as coronavirus spreadsBank of Georgia said it had decided not to declare a dividend at its next annual general meeting while it assess the potential impact of the spreading coronavirus on its business. Last month, the...
-
16 Mar
13:01Ryanair says grounding entire fleet can't be ruled outBudget carrier Ryanair said the full grounding of its fleet could not be ruled out over the coming months as governments ban travel to combat the coronavirus. Ryanair noted that over the past...
-
16 Mar
09:37Network International says to early to assess impact of UAE card cost rulesPayments company Network International said was not currently able to assess the impact on its business from a United Arab Emirates move to cut merchant costs for card transactions. The company,...
-
16 Mar
09:09Laura Ashely flags ongoing funding concerns; potential sales hit from coronavirus spreadFashion and homewares retailer Laura Ashely said recent sales were ahead of expectations, but warned that the spread of Covid-19 had the potential to 'negatively influence' future trading as a...
-
16 Mar
08:53Arena Events expects to 'broadly' meet expectations, but unable to give guidance for 2021 as virus spreadsTemporary event solutions provider Arena Events said it expected results for the 15-month to the end of March 'broadly' in line with expectations. But the company said it was unable to give any...
-
16 Mar
08:52W Resources operations continuing in Spain, PortugalTungsten miner W Resources said mining and plant operations at its La Parrilla project in Spain and Regua project in Portugal were continuing, though while abiding by stringent procedures to...
-
16 Mar
07:57Quadrise Fuels pilot project in Morocco delayed by coronavirus outbreakAlternative fuel developer Quadrise Fuels International said a pilot project to test its product in Morocco had been delayed due to the spreading coronavirus. Qudrise Fuels said the related client...
-
16 Mar
07:54Associated British Foods upgrades profit outlook, but warns of coronavirus hit to Primark salesAssociated British Foods upgraded its profit outlook for the first half, after its Primark budget clothing chain and its grocery business both saw margins improve. But the company warned it would...
-
16 Mar
07:45Toople wins two contracts; maintaining 'business continuity' amid coronavirus outbreakTelecom services provider to small businesses Toople said it had won to 'major' contracts, with a humanitarian organisation and an underwriting business. The company also said it was confident of...
-
16 Mar
07:40Westminster sees buoyant demand for fever detection equipmentSecurity contractor Westminster said it had sold more fever detection equipment in the wake of the coronavirus outbreak. The company also said that its West African airport operations had not yet...
-
16 Mar
07:34Unite to reduce summer programme activities to offset coranavirus hitStudent accommodation developer Unite said it would operate a reduced programme of summer business in 2020, given the risk of disruption to bookings from the spreading coronavirus. The company...
-
16 Mar
07:26Wizz Air suspends all Polish flights after government introduces travel bansBudget carrier Wizz Air said it had suspended all flights to and from Poland after the Eastern European country imposed travel restrictions to combat the spread of the coronavirus. Polish prime...
-
16 Mar
07:21Plus500 forecasts big revenue, profit beat thanks to market volatilityOnline broker Plus500 said it expected its revenue and profitability for the full year to be substantially ahead of current consensus expectations, due to a recent bout of market volatility. The...
-
16 Mar
07:12Time Out closes Portuguese, US food courts as coronavirus bitesFood court operator and publisher Time Out said it had closed five of its markets in Lisbon and the US in response to the spreading coronavirus. Time Out said it would review its funding and...
-
16 Mar
07:08SThree fee revenue falls 3.6% in first quarterRecruitment firm SThree reported a 3.6% fall in fee revenue in the first quarter of its financial year, as its UK and Japanese divisions weighed. Fee revenue for the three months through February...