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Renewables cloud strong SSE results


By Goran Nastic

SSE has reported a strong year of operational and financial performance, delivering earnings at the top end of guidance and a record investment year, but the results came with a market concern around renewables targets.

The Perth-headquartered energy group said results came in towards the upper end of guidance, supported by strong contributions from its transmission business, where profits rose by around 75% year-on-year as investment in the electricity grid accelerated


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PPHE receives £930m acquisition offer from Israeli hotel group

PPHE has received a £930m acquisition offer from the Israeli hotel group, Fattal

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Hollywood Bowl scores strike with investors in H1 update

Shares in Hollywood Bowl jumped by over 16% after reporting an 8.1% year-on-year increase in its adjusted profit before tax, totalling £32.1m in the six months to 31 March.

In this period, the 10-pin bowling operator recorded a 9.5% revenue increase, which reached £141.5m, while its earnings after rent jumped by 8.9% to £42.2m

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Computacenter acquires Government Acquisitions to boost US presence

Computacenter has agreed to acquire US-based Government Acquisitions (GAI) in a deal worth up to $92m, giving the UK technology services provider a significant foothold in the US federal government market.

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Johnson Matthey's operating profit drops 65% in full-year

Johnson Matthey has recorded a 65% year-on-year decrease in its reported operating profit, which fell to £161m in the year to 31 March

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Greencore shares drop as it records operating loss

Greencore has seen its share price fall by over 9% after recording an operating loss of £13.4m in the first half of its financial year, driven by its £1.5bn acquisition of Bakkavor in January

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Pets at Home sees early turnaround momentum despite profit decline

Pets at Home has reported a mixed set of full-year results in the first reporting period under new CEO, James Bailey, with profits and retail sales falling, but signs emerging that its retail turnaround strategy is beginning to gain traction

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Kingfisher confident on full-year targets after resilient Q1

Kingfisher said it remains on track to deliver its full-year guidance after a resilient first quarter, despite softer consumer demand and a delayed start to spring affecting seasonal sales and store footfall

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Nanoco to quit LSE after failing to find a buyer

Nanoco Group plans to cancel its listing on the London Stock Exchange main market and re-register as a private limited company, as the nanotechnology specialist looks to cut costs, extend its cash runway and gain greater strategic flexibility

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BP removes chair amid governance concerns

BP has removed its chair, Albert Manifold, with immediate effect following what the board described as serious concerns relating to governance standards, oversight and conduct

Shares in Melrose Industries drop following GKN site evacuation

Melrose Industries has recorded an almost 6% drop in its share price after reporting a chemical incident at GKN Aerospace’s Garden Grove facility in California
BT shares drop despite dividend increase

Shares in BT have fallen by almost 5%, despite the telecommunications firm increasing its final dividend by 2% year-on-year to 5.87 pence per share
easyJet losses widen as impact of Iran conflict continues

easyJet has seen its loss before tax increase in the first half of its financial year from £394m in H1 2025 to £552m in the six months to 31 March.

The airline reported that in this period, its group revenue increased by 12% to £3.95bn, while its passenger revenue jumped by 10% to £2.36bn


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