Page 40 - Mid Caps News Today

Power generator SSE has the least inflation-linked debt  SSE PLC (LON;SSE) is the best-placed of the UK utilities to deal with a bout of inflation according to analysts at  Citigroup. Power generator SSE has the least inflation-linked debt and should therefore see more of the inflation benefit from revenues dropping through to the bottom line, said the US bank. A permanent 1% increase in inflation would theoretically increase its valuation by 2-3% reflecting higher RAB (regulated business) g...

Recovery in UK renovation activity very attractive for construction firms, says broker Companies Analysts at Berenberg said the renovation-maintenance-improvement market has “recovered sharply” from the initial Coronavirus lockdown last year Renovation activity in the UK has “recovered sharply” since the initial Coronavirus lockdown in the second quarter of last year, according to analysts at Berenberg, who added that the market remained “attractive…in the near and mid-term” for ...

Emma McClarkin, BBPA chief executive, added: “The countdown to freedom, and recovery, is on.”

The buy and sell data for the month showed the fund house is continuing with its policy of banking on re-rating candidates. Old economy stocks topped the list of items in its cart for April.

Firefinch begins open pit gold mining at Morila the Gorilla in Mali Morila has produced 7.5 million ounces of gold since 2000 and was one of the world’s highest grade open pits around 12 to 20 years ago. Mining operations at Morila Pit 5 Firefinch Ltd (ASX:FFX) (FRA:N9F) (OTCMKTS:EEYMF) has started open pit mining at Morila Pit 5 within the wider Morila Gold Project in Mali where contractor EGTF has mobilised a new 100-tonne class fleet. This represents a key milestone for the c...

Danakalis A$20.3 million placement validates world-class Colluli Potash Project in Eritrea The company is now well placed to commence the early works program emphasising critical plant and infrastructure in Eritrea to support the full-scale development. Additional proceeds of A$464,400 will be received from Danakali directors, subject to shareholder approval. Danakali Ltd (ASX:DNK) (LON:DNK) (OTCMKTS:SBMSF) (FRA:SO3) has completed a A$20.3 million placement to support the early wo...

The K3 prospect is part of a group of targets close to the N’Tiola, Viper and Koting satellite deposits and is just 20 kilometres from the Morila plant...

The company also said it has continued to grow rental income from its existing portfolio, with 91 rent reviews resulting in an additional £0.5mln per year

April revenue was up by around 50% compared to last year Coaches are running again after shutting during the third lockdown National Express Group PLC (LON:NEX) said trading has improved in all of its markets as the easing of lockdown restrictions sees more people use buses again. April revenue was up by around 50% compared to last year, the group said in a trading update, though year to date to 30 April 2021 was still 16% below twelve months ago. In the UK, the groups coach networ...

The life and pensions consolidator has found a successor to John Deane