British American Tobacco plc

British American Tobacco Announce Quarterly Dividends

On 28 February 2019, British American Tobacco (LON: BATS) announced that the Board had declared an interim dividend of 203.0p per ordinary share of 25p, payable in four equal quarterly installments of 50.75p per ordinary share in May 2019, August 2019, November 2019 and February 2020. The November 2019 Dividend will be payable on 14 November 2019 to shareholders registered …

AstraZeneca PLC Qtrilmet recommended for approval in EU by CHMP

AstraZeneca (LON: AZN) has today announced that Qtrilmet (metformin hydrochloride, saxagliptin and dapagliflozin) modified-release tablets have been recommended for marketing authorisation in the European Union for the treatment of adults with type-2 diabetes (T2D). The Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) based its positive opinion on data from five Phase III trials …

Marks and Spencer Plc

Marks & Spencer Group CFO Succession Planning

Marks and Spencer Group plc (LON: MKS) today announced that Humphrey Singer, Group Chief Financial Officer, has decided to leave the business and a succession process is now underway. Humphrey will work with Steve Rowe, Group Chief Executive Officer, and the Board to ensure an orderly transition. A departure date has not yet been decided and this will be confirmed …

Smiths Group Plc

Smiths Group “significant year in the evolution of the company”

Smiths Group plc (LON:SMIN) today announced its Annual Results for the year ended 31 July 2019. Continuing Operations – excluding Smiths Medical ·    Further good growth, in line with expectations o  Underlying revenue +3%, building on the Group’s return to growth last year.  Strong performances in John Crane, Flex-Tek and Interconnect, moderated by the timing of deliveries in Smiths Detection o  The net impact …

National Grid

National Grid to host investor teach-in on US regulated businesses

National Grid plc (LON:NG) will today host an Investor teach-in to provide a detailed understanding of its US regulated businesses. The teach-in will highlight National Grid’s continued strong growth prospects in the US, where asset growth is expected to be over 8% for the medium-term. The US energy industry needs significant levels of investment to modernise ageing networks, and around …

Rolls-Royce update on Trent 1000

On 6 August 2019, with Rolls-Royce Half Year Results, we cautioned that the rate of recovery in Trent 1000 Aircraft On Ground (AOG) this year was likely to be slower than our original plans, due to the additional Maintenance Repair & Overhaul load resulting from faster deterioration of the high pressure turbine blade on the Trent 1000 TEN. This has …

Royal Bank of Scotland appoints Alison Rose as CEO & Executive Director

Royal Bank of Scotland Group plc (LON:RBS) today announced the appointment of Alison Rose as Executive Director and Chief Executive Officer. Alison, currently Deputy CEO NatWest Holdings and CEO Commercial and Private Banking, will take up the position on 1 November 2019 after an orderly handover has taken place.  Ross McEwan will formally step down as CEO on 31 October …

Johnson Matthey details today’s Capital Markets Day

Today, Johnson Matthey PLC (LON:JMAT) will hold a Capital Markets Day in which it will provide an update on its strategy for sustained growth and value creation, at a group level and across its sectors. This growth is underpinned by use of our world class science to address challenges posed by fundamental global trends including climate change, energy transition, population …

Diageo issues trading commentary ahead of 2019 AGM

Ivan Menezes, Chief Executive, commented: “Fiscal 20 has started well as we continue to build on the momentum and consistent progress we are making in the execution of our strategy. Our focus remains on delivering quality sustainable growth. This is supported by a culture of everyday efficiency that enables us to invest smartly in marketing and growth initiatives while expanding …

JD Sports Fashion Update on CMA review of Footasylum acquisition

JD Sports Fashion PLC (LON:JD), the leading retailer of sports, fashion and outdoor brands, today provided an update following the Competition and Markets Authority’s announcement regarding the Group’s acquisition of Footasylum. The CMA has confirmed that it intends to refer its review to Phase 2. Peter Cowgill, Executive Chairman of JD Sports Fashion, commented: “We continue to believe that Footasylum would …