Aston Martin has a tough year but aims to turn things around in 2021, Standard Chartered resumes dividends, Hikma expects another year of growth, Morgan Sindall’s payout almost trebles, and AB Foods shows the benefits of diversification.
Top UK Stocks to Watch: Reckitt Benckiser reports record growth
Joshua Warner February 24, 2021 9:17 AM
Demand for Reckitt Benckiser brands increases during the pandemic, Lloyds pays the biggest dividend it can despite profits plunging, Vodafone confirms Vantage Towers IPO will happen next month, and Avast is to tap into PMovil’s 400 million customers. Share:
Top News: 2020 a ‘turning point’ for Reckitt Benckiser
Reckitt Benckiser said record growth in revenue and a lack of impairments saw it to return to profit in 2020, allowing it to pay down debt and maintain its dividend for the year.
The company, known for brands like Dettol disinfectant, Nurofen painkillers and Durex condoms, said net revenue jumped to £13.99 billion in 2020 from £12.84 billion the year before as demand for hygiene products increased during the pande
Top UK Stocks to Watch: IHG experiences ‘most challenging year’ ever
Joshua Warner February 23, 2021 8:59 AM
InterContinental Hotels Group suffers during lockdown but is optimistic about the future, HSBC restarts dividends despite profits plunging during the pandemic, Aviva sells its French business, and Frasers Group writes down the value of its properties. Share:
Top News: IHG shares jump on hopes of strong recovery
InterContinental Hotels Group said revenue plunged and swung to a loss during the ‘most challenging year’ ever in 2020 because of the pandemic, limiting travel and appetite for hotel rooms, but said it was optimistic about its recovery prospects.
Top UK Stocks to Watch: Dechra hikes dividend as profits soar
Joshua Warner February 22, 2021 9:14 AM
Dechra shares fall as it warns the pre-Brexit build up in customer inventories will unwind, IAG secures new funding for British Airways, Saga is reported to be in talks about a new debt package, and M&B continues to suffer as pubs remain closed during lockdown. Share:
Top News: Dechra profits jump but warns pre-Brexit inventory will unwind
Dechra Pharmaceuticals said revenue and profits both jumped in the first half of its financial year despite falling in ‘one of the most challenging years in Dechra s history’.
Top UK Stocks to Watch: NatWest sinks to loss and announces exit from Ireland
Joshua Warner February 19, 2021 9:35 AM
NatWest swings into the red and prepares to wave goodbye to Ireland, Segro grows increasingly confident about demand for warehouses, Future shares jump after a positive start to the year, and Assura buys Apollo Capital Projects. Share:
Top News: NatWest sinks to £351 million loss in 2020
NatWest Group said it sank to sank into the red in 2020 as the pandemic hit and revealed plans to pull out of the Republic of Ireland.
The bank, formerly known as the Royal Bank of Scotland, said total income fell to £10.79 billion in 2020 compared to £14.25 billion in 2019.