Imperial Brands confirm CEO start date

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Imperial Brands PLC (LON:IMB) has today confirmed that following the announcement on 3 February 2020 of the appointment of Stefan Bomhard as Chief Executive Officer, he will join the business and be appointed to the Board with effect from 1 July 2020. This announcement is made in accordance with Listing Rule 9.6.12R. Join us on our new LinkedIn page Follow us …

WPP return to growth

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WPP PLC (LON:WPP) has today announced its 2019 Preliminary Results. Key figures – continuing operations £ million  2019 ∆ reported[1] ∆ constant[2] ∆ LFL[3] 2018[4] Billings 53,059 -0.3% -1.4% -1.0% 53,220 Revenue 13,234 1.4% 0.2% 0.0% 13,047 Revenue less pass-through costs 10,847 -0.3% -1.5% -1.6% 10,876 Headline EBITDA[5] 1,830 -5.3% -5.6%   1,933 Headline operating profit[6] 1,561 -5.5% -5.6%   …

Transport

Serco Group first year of revenue growth since 2013

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Serco Group plc (LON:SRP) announced today its full year results, in which Rupert Soames, Chief Executive, said: “The results for 2019 represent the first year of revenue growth since 2013 and the second successive year of growth in profits, and we expect continued strong progress in 2020. 15% revenue growth of which 8% was organic, 29% underlying profit growth and …

William Hill A well-executed year of transition

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William Hill PLC (LON: WMH) has announced its final results for the 52 weeks ended 31 December 2019. Comparatives relate to the 53 weeks ended 1 January 2019. Financial results · Group net revenue fell 2% to £1,581.7m · Adjusted operating profit2 from existing operations fell 37% to £147.0m, ahead of management expectations, following the implementation of the £2 stake …

Beer & spirits

Diageo Organic net sales and operating profit to be impacted by COVID-19

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Diageo PLC (LON:DGE) has today announced a trading update in relation to the impact of COVID-19 outbreak. When we released our interim results on 30 January 2020, we commented on the expectation of an impact from the Coronavirus (COVID-19) outbreak, which we were not able to quantify at the time.  We are now providing an update on the expected range …

SSP Group update on the COVID-19 virus

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SSP Group plc (LON:SSPG), a leading operator of food and beverage outlets in travel locations worldwide, will today hold its Annual General Meeting and, ahead of this, has issued an update to the market on current trading and the impact of the COVID-19 virus (Coronavirus). In the current financial year trading in the UK, Continental Europe and North America, which …

Rio Tinto Full year results live webcast at 8:30am

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Rio Tinto plc (LON:RIO) 2019 full year results presentation slides are available at https://www.riotinto.com/invest/presentations/2020/annual-results. The presentation will be given at 8.30am (GMT) today by Rio Tinto chief executive Jean-Sébastien Jacques, and chief financial officer Jakob Stausholm. The live webcast will be available at https://www.riotinto.com/invest/presentations/2020/annual-results. Join us on our new LinkedIn page Follow us on LinkedIn You can read the full RIO …

Foresight Solar Fund Restructure Investment Management Arrangements

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Foresight Solar Fund (LON:FSFL) announced today that, following an internal restructuring at Foresight Group, Foresight Group LLP has replaced Foresight Group CI Limited as investment manager to FSFL. Foresight CI appointed Foresight, an English law incorporated limited liability partnership that is authorised and regulated by the Financial Conduct Authority, as investment advisor to provide investment management services to Foresight CI …

Taylor Wimpey Record sales rate and home completions increased by 5%

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Taylor Wimpey plc (LON:TW) has today announced its full year results for the year ended 31 December 2019. Pete Redfern, Chief Executive, commented: “The Group delivered a good performance in 2019, with a record sales rate and home completions increasing by 5%. During the year, we continued to strengthen our business and build a sustainable advantage, improving our core customer …

Capital & Counties Properties Appoint Michelle McGrath as Executive Director

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Capital & Counties Properties PLC (LON:CAPC) has today announced the appointment of Michelle McGrath as an Executive Director of the Company with effect from 26 February 2020. Michelle has been a senior executive of Capco for six years, most recently as Director of Covent Garden with responsibility for investment and asset management of the portfolio. She is an experienced corporate …