Company news from ShareCast
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Bellway eyes return to growth as first-half profits slump
Tue 26 March 2024 07:54
(Sharecast News) - Interim profits at UK housebuilder Bellway dropped by more than a half on the back of a slump in housing completions and a deterioration in margins, but the company pointed to an improving economic outlook as mortgage rates continue to
Genel revenues slide as pipeline remains closed
Tue 26 March 2024 07:21
(Sharecast News) - Genel Energy reported a significant decline in revenue to $84.8m in its full-year results on Tuesday, from $401.9m in 2022, attributed in part to the average Brent oil price dropping to $82 compared to $101 year-on-year.