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Franchise Brands Posts Record Q3 Sales Growth

Franchise Brands said System sales growth hit a record 8.4% in the third quarter, double last year’s pace, and that full-year Adjusted EBITDA will be in line with…

Focusrite Adjusted Profit Rises 14.7%

Focusrite’s first-half adjusted operating profit rose 14.7% on a 2.7% revenue gain, as margins widened and net debt fell sharply. The board says it is confident of meeting…

Drax Leads FTSE 250 Gainers in Morning Trade

Drax Group shares posted the largest rise among FTSE 250 stocks worth more than £400m in morning trade today. A £2.5bn UK data centre investment involving the company…

Dotdigital ARR Up 18%, Profit Up 2%

Dotdigital’s contracted recurring revenue rose 18% to £85.4m in the year to June, but adjusted pre-tax profit grew only 2% and cash halved after the purchase of Alia.

Hiscox Shares Rise as Retail Growth Speeds Up

Hiscox’s nine-month premiums grew faster in Retail, while rates fell in the London Market and Re, and the investment result shrank. The shares were higher at the open…

Convatec Names Fortrea’s Jill McConnell as CFO

Convatec has named Jill McConnell, most recently finance chief at US-listed Fortrea, as its next chief financial officer, with Fiona Ryder staying on to present the full-year results…

CCEP Lifts Revenue 6.5%, Holds Guidance

Coca-Cola Europacific Partners grew third-quarter revenue 6.5% and left full-year guidance unchanged, while declaring a €1.42 interim dividend and reporting its €1bn buyback largely complete, before today’s London…

ABF Profit Falls 13% as Primark Weakens

Associated British Foods reported a 13% fall in annual adjusted operating profit as weaker Primark like-for-like sales and a Sugar loss weighed. It held the dividend and guided…

IXICO Jumps on £2.7m Huntington’s Contract

IXICO has won a £2.7m, six-year Phase 3 Huntington’s disease contract, and its shares closed almost a fifth higher. The deal is small against annual revenue, which makes…

Sareum Cuts Loss but Cash Falls to £1.2m

Sareum Holdings narrowed its annual loss but ended the year to June with cash down to £1.2m and net liabilities, then raised more than £3m after the year…

RWS Completes £40.2m Acolad Purchase

RWS has completed its £40.2m purchase of Acogroup, the parent of Acolad, three months after announcing it. The shares are about 48% above their close before the announcement,…

Barclays Downgrades Dr. Martens to Underweight

Barclays has cut Dr. Martens to underweight and lowered its price target to 60p, arguing that weak brand demand and heavy footwear discounting put the recovery at risk…

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