Trading Statements for 31 March 2020

Miner and commodities trader Glencore deferred its dividend to support a commitment to maintain its investment grade credit rating amid the Covid-19 crisis. The company had intended to make a cash...

Gifts company Appreciate said it had cancelled its interim dividend as part of cost saving measures designed to buffer its business from the Covid-19 pandemic. The company said its performance had...

Textile processing company Leeds warned that it expected to report a 'substantial' annual loss after lockdown measures in Germany to combat Covid-19 disrupted its operations there. Leeds said its...

R&D consultancy Science Group said trading in the first quarter had been broadly in line with its expectations and that the impact of Covid-19 on its business had been 'mixed'. The company...

Retail space manager SpaceandPeople said the majority of staff at its UK offices had been furloughed following tough restrictions on movement introduced by the government to combat the spread of...

Soft drinks company Nichols said it had cancelled its final dividend amid expectations of a 'significant' impact on its business from the Covid-19 pandemic. The company had planned to pay a final...

Security services company Westminster said it had received support from noteholders to extend the maturity date of its convertible secured loan notes to 1 May 2021. The decision was made in view...

Freight management group Xpediator said it expected demand for its services to remain 'sufficiently robust' though with more volatility amid the Covid-19 crisis. The company said activity levels...

Industrial component supplier Dewhurst scrapped its guidance and said its decision to maintain its dividend would ultimately depend on the length and severity of business disruption and the outlook...

Oncology and rare diseases focused Midatech Pharma said it had decided to terminate the development of a treatment for hormonal-related disorders due to funding pressures. The company also said...

Building services group Northern Bear said it expected to report a fall in annual earnings, owing to wet weather and the Covid-19 pandemic. Adjusted operating profit for the year through March...

Generic pharmaceutical company Hikma Pharmaceuticals said a U.S. ruled that patents covering Amarin's heart drug were invalid, paving the way for the company to sell generic versions of the drug....

Energy saving group Sabien Technology said it had furloughed all non-essential staff in response to the coronavirus crisis. 'Increasingly, customers do not want third party contractors to visit...

Roadside assistance company AA cancelled its dividend to preserve cash amid the Covid-19 pandemic and reported annual profit more than doubled. The company suspended its final dividend, and said...

Safety and compliance company investor Marlowe said it expected to perform in line with expectations for the financial year just ended, despite increasingly challenging conditions in recent weeks....

Shopping Centre owner Capital & Regional said it had received just half of its second-quarter rent, below its typical collection rate from retailers customers. The company also said its main...

Regeneration specialist St Modwen Properties scrapped its 2019 final dividend, having recently decided to pause all housebuilding and on-site marketing activity amid the Covid-19 pandemic. The...

Specialist product manufacturer Morgan Advanced Materials scrapped its final dividend as part of cost savings measures designed to buffer its business from the Covid-19 crisis. The company said it...

Cybersecurity company Falanx said it had received about £1m of new orders amid 'strong trading' in its cybersecurity division between December and mid-February. 'These wins are significant as...

Water utility Severn Trent said there had been no material change to its performance since it issued a trading update at the end of January. Severn Trent said it still expected to deliver a...

Advertising company WPP said it had suspended its final dividend and share buyback due to pressure on its financial performance exerted by the Covid-19 pandemic. The final dividend would remain...

Banknote printer De La Rue maintained its guidance and said it continued to make progress with its turnaround plan. Adjusted operating profit for the financial year 2019-to-2020 was expected to...

Engineering company Smiths said it had delayed a demerger of its medical division indefinitely and would not pay an interim dividend due to uncertainty caused by Covid-19. Smith said the spin-off...

Flow control and instrumentation group Rotork scrapped its final dividend amid cost saving measures implemented to cushion the impact of the Covid-19 pandemic on its business. The company had...

Harvest Minerals said it had yet to see an impact on operations from the Covid-19 pandemic as the wet season in Brazil was a traditionally quieter period for the company. The company reported a...