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Strix describes challenging year, appoints new finance chief - Vimarsana News

Strix describes challenging year, appoints new finance chief

Kettle safety and water technology company Strix Group said in a full-year trading update on Thursday that, despite facing persistent challenges stemming from the global economic and geopolitical landscape, it recorded adjusted profit after tax of £20.6m on a constant currency basis, and £20.1m on a reported basis for the full year.

Microsoft to lay off 1,900 from its gaming division - Vimarsana News

Microsoft to lay off 1,900 from its gaming division

Microsoft is set to reduce its workforce in the gaming division by approximately 1,900 employees, it emerged on Thursday, according to an internal company memo reported by CNBC.

Ceres Power shares slide on China talks, delay to royalties - Vimarsana News

Ceres Power shares slide on China talks, delay to royalties

Shares in Ceres Power were sliding on Wednesday, after it announced the failure of joint venture talks in China in 2023 in a trading update, as well as delays to expected royalties from its fuel cell systems.

AB Dynamics reports record-breaking 2023 results - Vimarsana News

AB Dynamics reports record-breaking 2023 results

Transport testing, simulation and measurement specialist AB Dynamics reported record-breaking results for 2023 on Wednesday, with revenue reaching £100.8m, representing a 21% increase.

Reorganised Maintel flags improved full-year revenue, earnings - Vimarsana News

Reorganised Maintel flags improved full-year revenue, earnings

Cloud, network, and security managed communications provider Maintel said in a full-year update on Monday that its strategic efforts and business reorganisation had yielded positive results, positioning it for growth in the coming year.