Hiscox Ltd Delivered double-digit growth and solid profits

FTSE News FTSE 100

Hiscox Ltd (LON:HSX) today announced full year results for the year ended 31 December 2018. Highlights · Profit before tax tripled to $137.4 million (2017: $39.7 million), with a strong underwriting result of $148.0 million (2017: $43.0 million) in another busy year for claims. · Gross premiums written grew by 15.0% with double-digit growth in all segments. · The standout …

Barclays PLC

Barclays Plc Sir Gerry Grimstone to step down from Barclays

FTSE News FTSE 100

Barclays Plc (LON:BARC) announced that Sir Gerry Grimstone has informed the company that he has decided to step down from his roles as a Non-executive Director of Barclays PLC and Chairman of its subsidiary Barclays Bank PLC, effective at the end of February 2019. Sir Gerry said in a statement: “After 20 years sitting on the boards of a number …

Centrica plc Renewal of Revolving Credit Facilities

FTSE News FTSE 100

Centrica plc (LON:CNA) announced today the renewal of a series of bilateral Committed Revolving Credit Facilities with 21 banks with an initial maturity date of February 2024 in the aggregate amount of £4.2bn. This replaces the majority of the Company’s existing Revolving Credit Facilities which were due to expire in 2021. These new five-year facilities have two separate one-year extension …

Pearson Plc Total Sales decreased by 9%

FTSE News FTSE 100

Pearson Plc (LON:PSON), today announced 2018 Preliminary results. Highlights Revenue down 1% in underlying terms · Total underlying revenue down 1% year on year, with declines in US Higher Education Courseware of 5% and in US K12 Courseware largely offset by the rest of the business growing in aggregate at over 1%. · Strong performance in our structural growth opportunities …

Vodafone Group Plc

Vodafone Group Plc Super WiFi Banishes Broadband Blackspots

FTSE News FTSE 100

Vodafone Group Plc (LON:VOD) today announced the launch of Super WiFi, a smart home network that delivers a fast, reliable, Wi-Fi signal to every corner of the home. Super WiFi uses easy-to-install small extenders, strategically placed throughout the house, to deliver a consistent signal in every room. Depending on the size of the house, up to three extenders should ensure …

Centrica Plc

Centrica plc A mixed financial performance against a challenging external backdrop

FTSE News FTSE 100

Centrica plc (LON:CNA), today announced Preliminary results for the year ended 31 December 2018 Iain Conn, Group Chief Executive “Centrica’s financial performance in 2018 was mixed against a challenging external backdrop. At the headline level, adjusted operating profit was up 12% and adjusted operating cash flow and net debt were within our target ranges. However, volumes in Spirit Energy and …

Anglo American Plc Continuing to deliver improvements with a further 4% increase in underlying EBITDA

FTSE News FTSE 100

Anglo American Plc (LON:AAL), today announced Preliminary Results for the year ended 31 December 2018. Consistent performance improvements deliver 4% increase in underlying EBITDA to $9.2 billion Mark Cutifani, Chief Executive of Anglo American, said: “We are delivering improvements on a consistent basis, with a further 4% increase in underlying EBITDA to $9.2 billion. Our commitment to disciplined capital allocation …

RELX PLC Underlying growth in revenue, operating profit and earnings

FTSE News FTSE 100

RELX PLC (LON:REL), the global provider of information-based analytics and decision tools, reported continued underlying growth in revenue, operating profit and earnings in 2018. Highlights Ø Underlying revenue growth +4%; full year reported total £7,492m Ø Underlying adjusted operating profit growth +6%; full year total £2,346m Ø Adjusted EPS growth constant currency +7%; in sterling +6% to 84.7p Ø Reported …

Barclays PLC

Barclays Plc Improved financial performance with Group return on tangible equity of 8.5%

FTSE News FTSE 100

Barclays Plc (LON:BARC), today announced Final results Performance Highlights ·Delivering improving earnings for shareholders ·Improving operating leverage and investing in medium term growth initiatives with a particular focus on capital light activities with attractive returns ·Common equity tier 1 (CET1) ratio of 13.2% is at the end-state target of c.13%, with future profit generation supporting both investment and cash returns …