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Velocys future in question as launches fundraise and loss widens

Velocys PLC on Thursday voiced concerns over its ability to continue as a going concern after it launched a fundraise and reported widened annual loss.

The...

Thu, 18/05/2023 - 18:40

EARNINGS UPDATES: Nexus Infrastructure swings to annual profit

The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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Nexus Infrastructure PLC - Braintree, England-based...

Thu, 18/05/2023 - 13:27

TOP NEWS: Walmart ups quarterly dividend on revenue and income uplift

Walmart Inc on Thursday celebrated improved performances in revenue and operating income over the first quarter, while its net income fell on increased expenses.

For the...

Thu, 18/05/2023 - 12:52

IN BRIEF: Mycelx Technologies loss trebles as gain on sale falls away

Mycelx Technologies Corp - Georgia, US-based clean water and air technology - Reports pretax loss of $3.6 million for 2022, more than trebled from $1.1...

Thu, 18/05/2023 - 12:15

Tritax Eurobox swings to loss as value of asset value declines

Tritax EuroBox PLC on Thursday said its asset management and development activities delivered half-year rental income growth, but a negative valuation movement drove a loss....

Thu, 18/05/2023 - 10:29

easyJet first-half revenue up as aims to return to pre-Covid capacity

easyJet PLC on Thursday said revenue surged in the first half of its financial year, boosted by a 25% capacity increase, as its interim loss...

Thu, 18/05/2023 - 10:07

Future half year profit falls in difficult market conditions

Future PLC reported on Thursday that its profit fell and revenue flattened in its half-year that ended March 31.

The Bath, England-based magazine publisher’s shares collapsed...

Thu, 18/05/2023 - 10:01

TOP NEWS: BT to cut workforce by up to 40% as profit falls

BT Group PLC on Thursday said it will cut up to 55,000 jobs between by 2030, as it reported a decline in profit and revenue...

Thu, 18/05/2023 - 09:22

Premier Foods annual profit jumps, despite challenging environment

Premier Foods PLC on Thursday said profit and revenue rose in the financial year that ended April 1, despite a challenging environment.

Premier Foods, the...

Thu, 18/05/2023 - 09:16

TOP NEWS: Burberry profit surges, boosted by growth in China

Burberry Group PLC on Thursday said profit was up by a quarter as it celebrates its ‘refocused brand aesthetic’ and China’s reopening boosts sales.

The luxury...

Thu, 18/05/2023 - 08:59

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