Ctec L News Today : Breaking News, Live Updates & Top Stories | Vimarsana

5 March 2021 | 08:15am StockMarketWire.com - Medical products maker ConvaTec reported a rise in annual profit on higher revenue and margins . For the year ended 31 December 2020, pre-tax profit rose to $174.7 million from $8.9 million year-on-year as revenue rose 3.7% to $1,894.3 million. Gross margin grew to 59.5% from 59%, while earnings before interest and tax fell 1.1% to $350 million. The company proposed a dividend of 3.983 cents to take full-year dividend to 5.7 cents, in line with the prior year. Looking ahead, the company expects to see 2021 organic revenue growth of between 3% to 4....

FTSE 100 finishes lower as strong US jobs report adds to inflation concerns

5 March 2021 | 12:00pm StockMarketWire.com - The FTSE 100 was back in positive territory by lunchtime helped by oil price driven strength in the energy sector and a slump in sterling. At midday the index was up 0.4% to 6,675.18. US futures pointed to a flat open on Wall Street, after yesterday's heavy selling, with the monthly US jobs report in focus. UK bourse operator London Stock Exchange has tumbled 9.4% to £86.00 after it reported an increase in annual profit on higher revenue in its information services and post-trade clearing business. For the year ended 31 December, pre-tax profit in...