ITV online viewing up 32%

ITV plc have delivered a strong performance in 2018 with online viewing up 32%, driven by mobile devices, connected TV and streaming media players. The ITV Hub (formerly ITV Player), the online home for all of the channels' content, continues to grow rapidly. Available on...
Coca‑Cola HBC, a leading bottler of The Coca-Cola Company, has bought Bambi for €260m. Bambi, established in 1967, is Serbia's leading regional confectionery business, manufacturing a range of products including biscuits, wafers and savoury snacks. In 2018, Bambi recorded revenue of approx €80 million, of which more than two thirds are...
Royal Bank of Scotland (RBS) profits have more than doubled in 2018 to £1.62 billion, an increase of £870 million from last year, with a pre-tax profit of £3.36 billion. It represents a massive turnaround for RBS since the £45.5bn Government bailout in 2008. A special dividend of 7.5p per...
InterContinental Hotels Group (IHG®) has bought Six Senses Hotels Resorts Spas in deal worth $300 million in cash. Six Senses is one of the world's leading operators of luxury hotels, resorts and spas with 16 hotels and resorts across 12 countries in some of the most sought-after locations, such as...
Housebuilder Bellway expects total revenue to rise by over 12% to almost £1.5 billion, as demand for affordable new homes remains strong. Bellway expects the number of housing completions to rise by 5.6% to 5,007, with the average selling price rising by 6.5% to £293,800. Despite Brexit uncertainty, demand...
Housebuilder Redrow have reported a pre-tax profit of £185 million for the first half of the year; an increase of 5%. Revenue rose by 9% to £970 million. The total order book was up 11% to a record £1.162 billion. As a result of Redrow's strong performance dividends will be...
Royal Mail have reported a drop in nine-month revenue with weaker than expected performance in its letters business. Letter volumes fell by 8% with revenue from letter delivery falling by 6%, offsetting a 6% rise in parcel revenue. Royal Mail said the fall in addressed letter volumes reflects the continuing...
Smith & Nephew PLC (LON:SN) has bought Ceterix Orthopaedics for $50 million, with a further $55 million over the next five years, based on performance. Ceterix Orthopaedics is the developer of the NovoStitch® Pro Meniscal Repair System, a unique device allowing surgeons to repair complex meniscal tear patterns. Brad Cannon, President...
Halma PLC (LON: HLMA) has bought Rath Communications, a provider of emergency communication in the USA, for £32.6 million. Halma, the leading safety, health and environmental technology group, will make Rath Communications part of the Group's Infrastructure Safety Sector. Andrew Williams, Halma's Chief Executive, commented: "Rath extends Halma's safety communications...

M&S closing 17 more stores

Marks & Spencer have named a further 17 stores due to close as part of its restructuring plan, which will see 100 stores close by 2022. The closures puts 1,045 jobs at risk with M&S saying it will enter consultations with its employees with the intention of "retaining as many...
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