Severn Trent PLC has raised its 2028 adjusted earnings per share forecast to at least 250p from 224p following a year of strong growth and a £1.9 billion investment in infrastructure. The company increased its capital spending by over 60% in two years, boosting its regulatory asset base by 13% to £15.4 billion. Revenue grew 16.6% to £2.83 billion, and profit before interest and tax rose 45.9% to £861 million, driven by operational efficiencies. Severn Trent plans to invest £2.2-2.5 billion in the current year, expects further asset base growth, and continues to improve environmental performance and customer service using AI. The board proposed a 3.5% dividend increase, reflecting confidence in ongoing growth and returns.
Investment banks Scotiabank and Bernstein have lowered their price targets for Comcast due to increased competition from new players like SpaceX's Starlink and valuation risks. Comcast is also undergoing a major strategic shift by spinning off its NB...
Elevance Health reported strong Q2 2026 results with earnings per share of $7.45, surpassing analyst estimates of around $6.20. Revenue also exceeded expectations at $49.83 billion, marking consistent quarterly outperformance. The company raised its ...
Lotto.com has appointed Ruxandra Tereanu as Chief Operating Officer and Amanda Coyle as Vice President of Human Resources to strengthen its leadership team amid ongoing expansion in the US digital lottery market. Tereanu brings 13 years of experience...
Worldline has announced a conference call to discuss its H1 2026 financial results on July 30, 2026, at 6:30 pm CET. The event will be accessible via webcast, and sell-side analysts can participate in a Q&A session by pre-registering. The press relea...
Ipsen Pharma conducted a share buy-back program from July 6 to July 10, 2026, repurchasing a total of 28,541 shares. The average purchase price during this period was €166.05 per share. This buy-back activity reflects Ipsen's strategy to manage its c...
