Bell Boeing

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Meggitt PLC (LON:MGGT), a leading international company specialising in high performance components and subsystems for the aerospace, defence and selected energy markets, has signed a contract with Bell Textron Inc for an estimated value of $73 million to supply composite de-icing propeller rotor blankets, heated spinners, fairings and pendulums to the Bell Boeing V-22 Osprey. The contract is valid for …

Hotel room

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Whitbread plc (LON:WTB) today announced the completion of the acquisition of a portfolio of 19 hotels in Germany, from Foremost Hospitality Group GmbH, for an undisclosed sum. The acquisition, which comprises 13 open hotels and 6 in the pipeline, gives Premier Inn a greater presence in the German hotel market. The open network and committed pipeline now stands at 52 hotels with …

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easyJet Plc (LON:EZJ) has today released a statement in relation to COVID-19. Following the increased incidence of COVID-19 cases in Northern Italy, we have seen a significant softening of demand and load factors into and out of our Northern Italian bases. Further, we are also seeing some slower demand across our other European markets. As a result we will be …

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Rio Tinto PLC (LON:RIO) has today announced to the Australian Securities Exchange (ASX): ·      the first reporting of Ore Reserves at the Western Range iron ore deposit in the Pilbara, Western Australia; and ·      an increase in titanium dioxide feedstock Mineral Resources at Rio Tinto RTFT’s mine in Havre St Pierre, Québec, Canada.  The updated Ore Reserves and Mineral Resources are reported …

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London Stock Exchange Group plc (LON:LSE) has today announced its preliminary results for the year ended 31 December 2019. Unless stated otherwise, all figures in the highlights below refer to 12 months to 31 December 2019 and comparisons with the prior 12 month period on the same basis. ·    Strong financial performance – revenue growth continues across our businesses as the Group continues …

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Rolls-Royce Holdings plc (LON:RR) today announced the appointment of Dame Angela Strank as a Non-Executive Director. She will join the Board with effect from 1 May 2020 and will become a member of the Nominations & Governance Committee, the Safety, Ethics & Sustainability Committee and the Science & Technology Committee. Angela is a Chartered Engineer and is currently Chief Scientist …

mining

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EVRAZ plc (LON:EVR) has today announced its audited results for the year ended 31 December 2019. FY 2019 HIGHLIGHTS •     Healthy free cash flow of US$1,456 million (FY2018: US$1,940 million) •     Continued reduction in net debt: US$3.4 billion (FY2018: US$3.6 billion) •     Total EBITDA effect from cost-cutting and customer focus initiatives of US$407 million in 2019 •     Consolidated EBITDA of US$2,601 million, down 31.1% from US$3,777 million in FY2018, EBITDA margin declined to …

Paddy Power Betfair

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Flutter Entertainment plc (LON:FLTR) has today announced preliminary results for the year ended 31 December 2019.    2019£m 2018£m YoY % Adjusted for taxes and regulatory changes4 YoY% Revenue 2,140 1,873 +14% +16% Underlying Group EBITDA excluding US (pre IFRS 16) 1,2 426 465 -9% +19% Underlying EBITDA (pre IFRS 16) 1,2 385 451 -15% +12% Reported profit before tax 136 219 -38% …

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Standard Chartered PLC (LON:STAN) today released its results for the year and quarter ended 31 December 2019. All figures are presented on an underlying basis and comparisons are made to the full-year 2018 on a reported currency basis, unless otherwise stated. A reconciliation of restructuring and other items that have been excluded from underlying results is set out on page …

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After 23 years at Persimmon PLC (LON:PSN), David Jenkinson has informed the board of his wish to step down as Group CEO in due course. He has signalled his intention early to give the board good time to recruit a successor. Dave will remain in the CEO role and fully committed to leading the ongoing programme of change for as …