22 April 2021 | 12:10pm
StockMarketWire.com - The FTSE 100 was just about in positive territory by midday, up 6 points at 6,901.31, as the index continued its fragile recovery from a big sell-off on Tuesday.
Pizza chain Domino s Pizza reported a strong first quarter with sales in its delivery business more than offsetting the lower sales from its -impacted collection business.
UK & Ireland system sales were up 18.7% to £371.3 million in the first quarter of the year, which was largely unaffected by the impact of Covid-19. Its share price fell 0.9% to 363.6p.
Mining company Anglo American s share price was down 1% to £30.39 as it reported a 3% rise in first-quarter production, but trimmed its guidance for metallurgical and thermal coal following a fall in output.
22 April 2021 | 16:39pm
StockMarketWire.com - The FTSE 100 achieved solid gains on Thursday as the European Central Bank suggested it will maintain its support of the Eurozone economy. By the close the index was up 0.6% at 6,938.24.
Stocks struggled for direction across the pond with the S&P 500 flat at 4,174.51 by 4.30pm UK.
Pizza chain Domino s Pizza reported a strong first quarter with sales in its delivery business more than offsetting the lower sales from its -impacted collection business.
UK & Ireland system sales were up 18.7% to £371.3 million in the first quarter of the year, which was largely unaffected by the impact of Covid-19. Its share price fell 0.6% to 364.8p.
25 February 2021 | 08:32am
StockMarketWire.com - Mining giant Anglo American hiked its dividend as rising commodity prices helped spark a second half recovery and steady annual results.
For the year ended 31 December, underlying earnings before interest taxes depreciation and amortisation decreased by 2% to $9.8 billion year-on-year.
The company said the increase in the price for the group s basket of products, favourable exchange rates and cost saving initiatives, helped steady performance following a weaker first half. Covid-19 lockdowns across southern Africa in the first half of the year impacted production at PGMs, Kumba, De Beers and thermal coal, but the company returned to more normal operating levels in the second half of the year, Anglo American said.
22 February 2021 | 07:41am
StockMarketWire.com - Anglo America said production at a platinum unit was expected to return to pre-Covid-19 levels in 2021.
It also reported a jump in annual profit at the unit, even as production was impacted by coronavirus lockdowns.
The company guided precious group metals (PGM) production of between 4.2 and 4.6 million ounces in 2021, while refined production was expected to reach 4.6 to 5 million ounces. PGM sales volumes, meanwhile, were forecast to be in line with refined production.
The upbeat production forecast came as profit jumped in 2020, despite a 14% year-on-year decline in PGM production to 3,808,900 ounces, mainly due to the impact of Covid-19 lockdowns in South Africa and Zimbabwe.