Market News - Page 759

SEGRO plc (“SEGRO” or “the Company”) has signed an agreement with a group of institutional investors for a private placement of €300 million 10 year and 15 year senior unsecured notes….

After an exceptional year of investment in 2017 the first half of 2018 was a period of transition with the focus of the business being on developing the new capacity in our brewery and on building the proposition at the Swan.Turnover has continued to grow well and at £35.5m it is up by 7.1% on 2017. Adnams own beer volumes are up by 4.8% on 2017, and own spirits are up by 6.3%. The board has agreed an unchanged interim dividend of 78p per “B” share and 19.5p per “A” share….

UNAUDITED HALF YEAR RESULTS FOR THE SIX MONTHS ENDED 30TH JUNE 2018…

GlaxoSmithKline plc today announces that Iain Mackay has been appointed GSK's next Chief Financial Officer (CFO). He has also been appointed as an Executive Director to the GSK Board. Mr Mackay will join the company on 14 January 2019….

Financial Performance

Reported revenue of $27.3bn was 4% higher, with growth in all of our global businesses.
Reported operating expenses of $17.5bn were 7% higher, primarily reflecting investments to grow the business, mainly in RBWM and GB&M, and continued investment in digital across all our global businesses.
Reported profit before tax of $10.7bn was 5% higher, reflecting a net favourable movement in significant items and favourable currency translation. Adjusted profit before tax of $12.1bn was 2% lower, as revenue growth and lower expected credit losses were partly offset by higher operating expenses.
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FireAngel (AIM: FA.), one of Europe's leading developers and suppliers of home safety products, today issues the following trading update for the six months ended 30 June 2018 (“H1 2018”)….

Netcall plc (AIM: NET), a leading provider of Low-code and customer engagement software, is pleased to announce that it has secured a minimum £1.4 million contract with a New York Stock Exchange listed group (the 'Customer'). The four-year contract, with an option to extend for a further two years, is for the MatsSoft Low-code platform (“MATS”) and Netcall's Liberty omnichannel Contact Centre solution, delivered as a combined platform via the cloud….

St. Modwen has exchanged contracts for the disposal of a portfolio of 34 assets to Hansteen Holdings PLC for a total cash consideration of £53.7m. Adjusted for assets held in joint venture, St. Modwen's share of the consideration is £47.3m, which compares to a book value for its share of the assets of £48.1m as of November 2017….