Page 9 - Mark Crouch News Today

The oil giant reported adjusted earnings of $9.6bn (£7.6bn) for the opening three months of 2023, £1.4bn greater than forecast.

The housebuilder reported that the net private reservation rate at its active outlets had risen from 0.49 units per average week during January to 0.71 in the following 12 weeks.

Oil giant BP’s profits of almost $5 billion (£4bn) in the space of just three months have sparked fresh outrage among its critics but been largely welcomed in the City.

Among the companies with reports and trading updates today are J Sainsbury, Barclays, Unilever, AstraZeneca, WPP, Petrofac, Taylor Wimpey and LSE.

Ben & Jerry’s and Hellman’s owner Unilever said its sales grew by more than 10th in the first quarter as it continues to lift its prices.

The Ben & Jerrys and Magnum ice cream brands owner revealed underlying sales increased by 10.5 per cent in the opening three months of the year.

Among the companies with reports and trading updates today are Whitbread, AB Foods, Travis Perkins, Hammerson, Hornby, IWG, Anglo American and Next 15 Group.

NatWest Group PLC on Tuesday said its Chairman Howard Davies will be stepping down from the role before July 2024 and that a search for his successor will start in the coming months. --- Hyve Group Agrees to Final GBP363 Mln Takeover Offer by P... | 10:16am

The Gauloises and Davidoff cigarettes owner told investors it was on track to achieve full-year forecasts, with net revenue expected to grow by low single-digit levels on a constant currency basis.

Ocado Group and Marks & Spencer delivery joint venture Ocado Retail has recommitted itself to a return to profitability in 2023.