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

19 May 2021 | 07:22am StockMarketWire.com - Water utility Severn Trent launched a £250 million equity raising to help it fund six new UK projects, while also reporting a 14% fall in annual profit owing to lower demand during Covid lockdowns. The price of the share placing and subsequent retail offer would be determined after a bookbuild process, Severn Trent said. Its pre-tax profit for the year through March fell to £267.2 million, down from £310.7 million year-on-year. Revenue fell 0.9% to £1.83 billion and adjusted profit before interest and tax fell 17% to £472.8 million. Severn Tren...

19 May 2021 | 16:36pm StockMarketWire.com - Global inflation worries, with UK consumer prices rising faster than expected in April, kept markets on the back foot on Wednesday with the FTSE 100 closing down 1.2% to 6,950.20. By 4.30pm UK time the US S&P 500 index was 1% lower at 4,084.86. Premier Foods dipped 0.2% to 102.2p, having declared a dividend for the first time in 13 years after its annual profit more than doubled. The maker of Mr Kipling cakes and Bisto gravy enjoyed high demand for groceries during lockdowns that helped it reduce a large debt pile. It recommended a final dividend of...