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Vistry upgrades profit guidance amid rise in home completions | 17 May 2021 - Vimarsana News

Vistry upgrades profit guidance amid rise in home completions | 17 May 2021

17 May 2021 | 07:07am StockMarketWire.com - Home builder Vistry upgraded its annual earnings guidance amid a rise in sales rates and home completions. Adjusted pre-tax profit for the year through December was now expected to be around £325 million, up from previous guidance of at least £310 million. Vistry said the upgraded reflected strong trading in the first half and increased expectations for annual home completions. In the year to date, the company's average weekly private sales rate had risen to 0.75, up from 0.44 year-on-year and 0.62 in the same part of 2019. Home completions were e...

FTSE sharply lower as UK eases restrictions | 17 May 2021 - Vimarsana News

FTSE sharply lower as UK eases restrictions | 17 May 2021

17 May 2021 | 12:01pm StockMarketWire.com - Weakness in the mining and banking sectors and strength in sterling as the UK took the next step in its reopening helped put the FTSE 100 under pressure on Monday. By midday the index was down 0.7% at 6,994.01. Technical products and services provider Diploma rallied 7.3% to £29.50, having upgraded its annual outlook thanks to a boost from acquisitions, particularly WCW, and improved underlying trading. Diploma's annual revenue was now expected to be slightly better than 40% ahead of the 2020 financial year, with an increase in its margin towards...

FTSE recovers from its lows despite weak US open | 17 May 2021 - Vimarsana News

FTSE recovers from its lows despite weak US open | 17 May 2021

17 May 2021 | 16:39pm StockMarketWire.com - On an up and down (and up) day the FTSE 100 ended up erasing earlier losses to trade only slightly lower at 7,032.85. The move, which came as most of the UK eased coronavirus restrictions, came despite a weak start on Wall Street with the S&P 500 down 0.5% to 4,151.47 by 4.30pm UK time. Technical products and services provider Diploma rallied 6.8% to £29.38, having upgraded its annual outlook thanks to a boost from acquisitions, particularly WCW, and improved underlying trading. Diploma's annual revenue was now expected to be slightly better than...

Parity reports loss as sales fall 28% | 21 April 2021 - Vimarsana News

Parity reports loss as sales fall 28% | 21 April 2021

21 April 2021 | 09:58am StockMarketWire.com - Professional services group Parity posted a full-year loss after sales slumped, thought it said a transformation programme was complete and helped it to post positive operating earnings. Pre-tax losses for the year through December amounted to £0.3 million, compared to year-on-year losses of £1.1 million. Revenue dropped 28% to £57.8 million. Parity made a modest operating profit of £23,000, compared to a year-on-year operating loss of £725,000. Looking forward, Parity said that if the pandemic eases as expected, it anticipated more growth i...

Dignity swings to loss as pandemic restrictions dent funeral service offering | 17 March 2021 - Vimarsana News

Dignity swings to loss as pandemic restrictions dent funeral service offering | 17 March 2021

17 March 2021 | 08:29am StockMarketWire.com - Funeral services group Dignity swung to an annual loss as Covid-19 restrictions imposed by government limited its service offering and dented revenue. For the 12 months ending 25 December 2020, pre-tax losses were £19.6 million, compared with a profit of £44.1 million was revenue fell 5% to £357.5 million. 'At the peak of the pandemic the crisis led to a constricted service offering, in the interests of the welfare of our staff and clients, alongside higher PPE and temporary staff expenditure which translated into underlying operating profit f...