Latest News

BP profits more than double in Q1


By Dan McGrath

BP’s profits have increased by over 130% year-on-year to almost $3.2bn in the first quarter of 2026, following disruptions in the Middle East.

The increase marks the oil and gas firm’s highest quarterly profit for almost three years, after the price of Brent crude jumped from around $73 a barrel to nearly $120, with the current price standing at $110.


Story 2

Card Factory reports 31% profit drop in FY26

Card Factory has seen its profit before tax (PBT) fall by 31.5% year-on-year to £43.9m in the 12 months to 31 January, after operating against a "challenging consumer backdrop"

Story 3

Sainsbury’s revenue climbs but supermarket warns of uncertainty ahead

Sainsbury’s has announced a 2.7% jump in group revenue to £33.65bn in its 2025/26 financial year, although the supermarket warned that the conflict in the Middle East will impact both its customers and business

Story 4

Barclays delivers ‘solid’ 13.5% RoTE in Q1

Barclays has delivered what it described as "another solid quarter" in Q1, as it recorded a 13.5% return on tangible equity (RoTE) and double-digit returns in all its businesses

Story 5

WH Smith announces ‘cautious’ outlook after flat revenue growth

WH Smith has revealed it taking a “cautious” outlook in response to the uncertainty arising from the conflict in the Middle East, as the retailer cited lower passenger numbers and weaker consumer confidence

Story 6

Molten Ventures delivers strong GPV and NAV growth

Molten Ventures has delivered what it has described as "strong growth" in gross portfolio value (GPV) and net asset value (NAV) per share in the year to 31 March

Story 7

Computacenter shares jump as it expects to beat guidance

Shares in Computacenter increased by over 10% after the technology and services provider said it expects to deliver a "much stronger performance" in H1 than previously anticipated

Story 8

AJ Bell reports 20% annual rise in AUA

AJ Bell has grown its assets under administration (AUA) to £108.7bn, a figure up 20% over the last year

Story 9

Mondi takes pricing actions in Q1 update

Mondi has stated that it will take pricing actions as “significantly heightened” geopolitical tensions in the Middle East have increased volatility in what it described as an already complex operating environment

Story 10

Intertek receives updated £9.7bn buyout bid from EQT

Intertek has received an updated buyout proposal from Swedish private equity firm, EQT, valued at £9.7bn

Crest Nicholson shares collapse as it cuts revenue guidance

Shares in Crest Nicholson have fallen by 40% after the housebuilder reduced its revenue guidance from a range of £75m to £100m to an expected £40m.

The firm said that since its trading update on 25 March, macro-uncertainty has increased, with the ongoing conflict in the Middle East “contributing to the prospect of a more prolonged higher interest rate environment, renewed cost pressures and a deterioration in consumer confidence”
Shoe Zone set to record loss in FY26

Shoe Zone is set to record a loss before tax of between £1m and £2m in the current financial year
Aberdeen records ‘robust’ Q1 performance

Aberdeen Group has reported a "robust" Q1 performance, despite market headwinds across the period
ABF announces Primark demerger following review

Associated British Foods (ABF) has decided to proceed with the demerger of its retail business, Primark, from its food division, FoodCo

View More News

BANNER

BANNER

FREE E-NEWS SIGN UP

Subscribe to our newsletter to receive breaking news and other industry announcements by email.

  Tick here to confirm you are happy to receive news and promotions sent by Corporate Finance News that you can opt out of at any time.


© 2019 Perspective Publishing     Privacy & Cookies