Corporate news review Tuesday 15th August 2017
Hargreaves Lansdown HL. reports net FY new business of £6.9bn, AuA up 28% to £79.2bn and active clients up 118k to 954k. PBT is up 21% to £265.8m, and HL raises its dividend by 20% to 29p per share. John Menzies MNZS says it has enjoyed a positive first half, with underlying PBT up 36% […]
Corporate news review Monday 14th August 2017
Clarkson Plc CKN reports a strong half-year performance, with underlying PBT up 25% at £21.9m, on revenues up to £156.8m (2016: £147.2m). Underlying EPS grew 9% to 57.5p, and CKSN has a robust balance sheet, with £71.4m of net funds, up from £46.7m this time last year. CEO Andi Case says the solid cash position […]
Hothschild Enjoys Boom In Mining
Hochschild Mining HOC has returned to profit and produced an exceptionally strong set of first half results, especially for a company in the beleaguered mining industry. Last yea’rs first half loss of $43.4m was turned into a profit of $60.3m after silver production of 17m ozs exceeded expectations with a rise of 31% and gold […]