The board has approved an interim dividend of 20p per share, compared to 24.5p this time last year Johnson Matthey PLC (LON:JMAT) has declared a slightly smaller dividend for the first half after its profits shrank 88% despite a 2% rise in sales. Revenues from the chemicals group came in at £6.98bn for the six months […]
(Reuters) – Moderna Inc’s MRNA.O experimental vaccine is 94.5% effective in preventing COVID-19 based on interim data from a late-stage trial, the company said on Monday, becoming the second U.S. drugmaker to report results that far exceed expectations. Together with Pfizer Inc’s PFE.N vaccine, which is also more than 90% effective, and pending more safety data and regulatory review, […]
Imperial announced a full-year payment of 137.7p, down a third on a year ago Imperial Brands PLC (LON:IMB) said additional costs for COVID-19 and losses in its non-tobacco arm hit its results for the year to end September 2020. Net revenues for the year dipped slightly to £7.99bn, while operating profits were 5.7% lower at £3.53bn. […]
Stock markets have rocketed on hopes of a potential breakthrough in the search for a vaccine against Covid-19. Drugs firm Pfizer’s own shares leapt 14% after it said that preliminary analysis indicated that its coronavirus vaccine was 90% effective. Markets, already buoyed in response to a clear end to the US election, piled on gains […]
Trading for next-generation products has continued to be disappointing, with revenues expected to be around 30% lower than last year Imperial Brands PLC (LON:IMB) said sales and cash generation have been slightly better than expected in the past year but earnings are likely to be lower. New chief executive Stefan Bomhard, who joined at the start of […]
While COVID-19 led to £533mln of extra UK costs, much higher sales volumes and the government’s business rates relief meant underlying retail profit still rose Tesco PLC (LON:TSCO) hiked its dividend 21% after reporting strong sales, profits and cashflow as the first half of the year as the grocery sector saw record demand due to the […]
LONDON (Reuters) – Royal Dutch Shell (RDSa.L) avoided its first quarterly loss in recent history, helped by a booming trading business, but announced nearly $17 billion in impairment charges reflecting a pessimistic outlook for oil and gas prices. Shell had warned last month it was set to slash the value of its oil and gas […]
People working from home have been eating more ice cream but neglecting their grooming habits, consumer goods giant Unilever has suggested. The firm said ice cream sales leapt 26% in the three months to June, but demand for shampoo and deodorant fell. It said it had seen strong “growth in home consumption of foods, ice […]
The mining giant continued to operate at all its locations through the pandemic Rio Tinto PLC (LON:RIO) has reported increased production and shipments of iron ore in the second quarter despite the coronavirus (COVID-19) pandemic amid a strong price environment. Overall, production volumes were up 1% year-on-year on a copper equivalent basis, with Pilbara iron ore production […]
Asos will repay cash to the government it claimed for furloughing workers after its sales grew in lockdown. The online retailer said that group sales increased by 10% to £1bn in the four months to 30 June. The rise was driven by shoppers in international markets, with sales in the UK dipping by 1%. It […]