Company news from ShareCast
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Octopus Renewables Infrastructure Trust ups divi despite drop in NAV
Mon 25 March 2024 08:03
(Sharecast News) - Octopus Renewables Infrastructure Trust (ORIT), the clean energy investment fund of Octopus Energy Group, reported a small drop in net asset value in 2023, but still upped its payouts to shareholders after what it deemed a "resilient" p
Pennon trading in line, but bad weather impacts waste-water operations
Mon 25 March 2024 07:36
(Sharecast News) - Water group Pennon said it expects to report full-year results in line with expectations as it makes record levels of investment in the current pricing cycle, though challenging weather conditions have impacted its waste-water operation
Mobico shares slump as Nat Express owner warns on profit
Mon 25 March 2024 07:35
(Sharecast News) - Shares in National Express owner Mobico slumped on Monday after the transport company issued a profit warning and said its annual results would be delayed further due to auditing issues at its German rail business.
Henry Boot predicts brighter future but expects "lag" in performance
Mon 25 March 2024 07:17
(Sharecast News) - UK-listed property developer Henry Boot has said that, while it expects macro conditions to improve this year, the company will see a "lag" in performance with results likely to be weighted to the second half.
Direct Line confident in standalone prospects as Ageas abandons pursuit
Mon 25 March 2024 07:16
(Sharecast News) - Direct Line said on Monday that it was confident in its standalone prospects after Belgium's Ageas announced it would not be making an offer for the insurer following two failed attempts at engaging with the board.
Kingfisher issues profit warning on weaker French DIY market
Mon 25 March 2024 07:04
(Sharecast News) - B&Q owner Kingfisher on Monday warned current-year profit would fall short of expectations after it posted weaker earnings for 2023-24 as the home improvement market continued to lag behind demand for housing.