Consumer

Serco shares 2025 guidance, record rise in revenue in 2024
December 19, 2024 06:50 PM AEDT| By Team Kalkine MediaHighlights,2024 Revenue of ~£4.8bn:,Despite a slight organic decline, profitability surged with a 9% increase in operating profit.,2025 Guidance:,Revenue projected at ~£4.8bn, maintaining strong performance amid UK and Australian immigration contract...

Ofwat Greenlights £104 Billion Investment to Revolutionize UK Water Infrastructure
December 19, 2024 06:46 PM AEDT| By Team Kalkine MediaHighlights,Historic £104 Billion Upgrade:,Massive investment to improve water quality, reduce storm overflow spills, and secure drinking water supplies.,£12 Billion for Storm Overflow Reduction:,Aims to cut spills by 45% by 2030, requiring over £6.5...

Shoe Zone Faces Triple Setback Amidst Challenging Market Conditions
December 19, 2024 03:17 AM AEDT| By Team Kalkine MediaHighlights:,Shoe Zone issues profit warning, with forecasts cut by 50% for the upcoming year.,Dividend payments suspended as the company focuses on maintaining financial stability.,Plans announced to close "unviable" stores due to declining consumer...

Dalata Hotel Group Projects Record Earnings, Expands Portfolio in 2024
December 19, 2024 03:17 AM AEDT| By Team Kalkine MediaHighlights:,Dalata Hotel Group anticipates full-year earnings of over €232 million for 2024, a 4% increase from the previous year.,Expanded portfolio includes the acquisition of Radisson Blu Hotel Dublin Airport and a new Clayton Hotel in London.,Foc...

Unilever to Divest Historic Unox and Zwan Brands in Strategic Portfolio Shift
December 19, 2024 03:17 AM AEDT| By Team Kalkine MediaHighlights:,Historic Brands Sold:,Unilever agrees to sell Dutch Unox and Belgium’s Zwan brands to Zwanenberg Food Group.,Strategic Focus:,The sale aligns with Unilever's strategy to prioritize fewer, larger brands within its food portfolio.,Completio...

N Brown Group (LON:BWNG) Crosses Key Technical Threshold with Strong Trading Metrics
December 19, 2024 01:43 AM AEDT| By Team Kalkine MediaHighlights,N Brown Group (BWNG) stock surpasses the 200-day moving average, reflecting positive momentum.,Strong trading metrics include a market cap of £182.03 million and a beta of 2.17.,Operates under well-known brands like JD Williams, Simply Be,...

Digitalbox Acquires Walford News Assets for £50,000 to Enhance Entertainment Portfolio
December 18, 2024 07:26 PM AEDT| By Team Kalkine MediaHighlights,Digitalbox acquires Walford News, including the website and Walford East Facebook page with 475,000 followers, for £50,000.,The acquisition supports Digitalbox's "Verticals Strategy" to expand targeted entertainment sites with highly engag...

Kingfisher Sells Brico Dépôt Romania Business to Altex Romania for €70 Million
December 18, 2024 07:23 PM AEDT| By Team Kalkine MediaHighlights,Kingfisher sells its Brico Dépôt Romania business to Altex Romania for €70 million.,The sale includes 31 stores, distribution operations, and the Bucharest head office.,Brico Dépôt Romania had sales of £269m in FY 2023/24 but reported a re...

Zotefoams Pauses ReZorce® Circular Packaging Project, Focuses on Core Foams Business
December 18, 2024 07:20 PM AEDT| By Team Kalkine MediaHighlights,Zotefoams decides to pause investment in ReZorce® due to lack of strategic partner.,The company will exit the MuCell business unit and focus resources on core supercritical foams.,Full-year financial performance expected to meet market exp...

Bunzl Expects 3% Growth in FY24 Revenue, Supported by Significant Acquisitions
December 17, 2024 07:46 PM AEDT| By Team Kalkine MediaHighlights,Revenue Growth,: 2024 revenue expected to rise 3% at constant exchange rates, driven by acquisitions.,Record Acquisitions,: Over £850 million committed in 2024, with new buybacks planned for 2025.,Operating Margin Strength,: Margins remain...

Ricardo Acquires Majority Stake in E3 Advisory for AU$101.4Mn
December 16, 2024 07:12 PM AEDT| By Team Kalkine MediaHighlights,Ricardo has entered into an agreement to acquire 85% of E3 Advisory for AUD $101.4 million (£51 million), with the deal subject to the disposal of Ricardo Defense.,The company plans to purchase the remaining 15% of E3 Advisory by January 2...

Analyzing Steady Capital Reinvestment and Modest Returns at LON:WRKS
December 16, 2024 11:00 AM AEDT| By Team Kalkine MediaHighlights,Steady Returns,co.uk (WRKS) has maintained a relatively stable Return on Capital Employed (ROCE) of around 15% over the past five years.,Capital Reinvestment,The company has deployed 52% more capital into its operations, despite flat retur...

Bellway (LON:BWY) Reaches 52-Week Low Amid Mixed Analyst Sentiment
December 16, 2024 11:00 AM AEDT| By Team Kalkine MediaHighlights,Bellway (BWY) stock hits a 52-week low during midday trading.,Recent analyst upgrades show mixed sentiment towards the stock.,The company announces an increased dividend, signaling financial stability.,Bellway p.l.c. (LON:BWY), a prominent...

Trainline’s Rising Returns A Glimpse at the Future of (LON:TRN)
December 16, 2024 11:00 AM AEDT| By Team Kalkine MediaHighlights,Trainline (TRN) sees a remarkable 4,819% increase in Return on Capital Employed (ROCE).,The company is using less capital while boosting efficiency, a key indicator of growth potential.,Despite recent challenges, Trainline's impressive ROC...
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Carnival PLC Poised for Record Year-End Results as Recovery Gains Momentum
December 13, 2024 11:18 PM AEDT| By Team Kalkine MediaHighlights:,Strong Share Performance:,Carnival PLC (LSE:CCL) shares have surged over 50% year-to-date, reflecting investor confidence in its recovery.,Record Financial Performance:,Upgraded EBITDA forecast for 2024 stands at $6 billion, supported by...

Bunzl: Navigating Challenges with Resilience and Strategic Acquisitions
December 13, 2024 09:48 PM AEDT| By Team Kalkine MediaHighlights:,Resilient Acquisition Strategy:,Bunzl (LSE:BNZL) continues expanding through acquisitions, driving growth despite external pressures.,Revenue Trends:,Organic growth faces challenges, but acquisitions and efficiency improvements bolster ov...

UK Consumer Confidence Sees Marginal Uptick Amid Economic Uncertainty
December 13, 2024 09:48 PM AEDT| By Team Kalkine MediaHighlights:,UK consumer confidence index edges up to -17, reflecting slight improvement from November.,Sentiment around personal finances shows positive movement, though economic outlook remains stagnant.,Cautious optimism emerges ahead of the key Ch...

PZ Cussons (LON:PZC) Stock Faces Decline as It Crosses Below 200-Day Moving Average
December 13, 2024 11:00 AM AEDT| By Team Kalkine MediaHighlights,PZ Cussons stock drops below its 200-day moving average, signaling a shift in momentum.,The company’s market capitalization stands at £365.8 million with a notable shift in technical indicators.,Insider trading activity highlights recent c...

J D Wetherspoon (LON:JDW) Stock Drops Below 200-Day Moving Average
December 13, 2024 11:00 AM AEDT| By Team Kalkine MediaHighlights,J D Wetherspoon (JDW) shares dropped below the 200-day moving average.,The stock closed at GBX 605 after hitting a low of GBX 603.50 during the session.,Volume during the session was relatively moderate, with 227,308 shares traded.,J D Wet...

Tate & Lyle (LON:TATE) Deutsche Bank Forecasts Significant Price Potential for the Food Ingredient Supplier
December 13, 2024 11:00 AM AEDT| By Team Kalkine MediaHighlights:,Deutsche Bank raises Tate & Lyle's (TATE) target price to GBX 950.,Stock recently opened at GBX 707.50, reflecting a 0.2% decline.,The company holds strong fundamentals, with solid liquidity and low debt-to-equity ratio.,Tate & Lyle (LON:...
AI on the Rise: A Look at Top AI Companies and Their Stocks