Trading Statements for 20 March 2020
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20 Mar
14:52Johnson Service scraps dividend as hospitality customer demand slumpsTextile rental and cleaning group Johnson Service scrapped its dividend and said it was talking to its banks about credit, as the Covid-19 outbreak hurts demand from hospitality customers. The...
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20 Mar
10:04Future expects performance to meet expectations despite postponement of events due to Covid-19Specialist media Future said it continued to expect half-year results in line with its expectations despite the postponement of the larger events from March into the second half and the...
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20 Mar
09:36CMC Markets upgrades profit outlook amid 'heightened' trading activityOnline trading platform CMC Markets upgraded its outlook on profit as 'heightened' trading activity experienced at the end of February had continued into March. Net operating income was expected...
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20 Mar
09:18Hotel Chocolate may shut 'some or all' stores; launches £20m placingPosh chocolatier Hotel Chocolate warned it may shutter some or even all of its stores in the wake of the Covid-19 outbreak, and launched a £20m placement to bolster its balance sheet. New shares...
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20 Mar
09:09Serinus Energy postpones Romania seismic study due to Covid-19Oil and gas company Serinus Energy said it had postponed giving an order for the mobilisation of heavy equipment required for a new seismic study in Romania, due to government measures to combat...
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20 Mar
08:29Investec warns on profit amid 'challenging' market conditionsInvestment company Investec warned on profit amid 'challenging' market conditions that had been exacerbated recently by the ongoing public health and economic effects of the Covid-19 outbreak....
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20 Mar
08:08InterContinental Hotels warns of March revenue slump; sees China green shootsHotel chain InterContinental Hotels warned it expected its revenue per room to plummet, as demand for hotels was currently at the lowest levels it had ever seen amid the coronavirus outbreak. A...
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20 Mar
07:52Traffic analytics group Tracsis sees rough road ahead as Covid-19 spreadsSoftware provider to the transport sector Tracsis said it expected parts of its business to be hurt by COVID-19. The company said its rail division had resilience as it derived most of its income...
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20 Mar
07:51GCP Infrastructure sees no material impact from Covid-19 outbreakUK infrastructure debt provider GCP Infrastructure said it did not expect its performance to be materially impacted by Covid-19 and government efforts to contain it. The company said that any...
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20 Mar
07:46Pan African Resources operations functioning as normal; mitigating disease risksSouth Africa-focused Pan African Resources said all of its operations continued to function as normal, even as it applied risk mitigation measures in the wake of the COVID-19 oubreak. The company...
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20 Mar
07:41Reach4entertainment cuts employee costs; monitoring funding headroomTheatre and film advertising group Reach4entertainment Enterprises said it was reducing employee costs among other mitigating measures to combat a slump in demand caused by Covid-19. The company...
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20 Mar
07:28Marks & Spencer warns on profits; scraps dividendClothing and food retailer Marks & Spencer scrapped its dividend and warned its annual result for the 2020 financial year could come in below its current guidance range, as the coronavirus hits...