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Petrofac delays results, says it may need to convert existing debt to equity

Petrofac tumbled on Monday as it announced a delay to the publication of its full-year results and said it may have to convert a significant proportion of its existing debt to equity. ....

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Sunday share tips: Mitie, Costain - Sharecast.com

The Financial Mail on Sunday's Midas column tipped shares of Mitie to its readers, highlighting it shift from facilities management to facilities transformation. ....

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Director dealings: Petrofac chairman ups stake

Petrofac revealed on Friday that chairman René Médori had acquired 75,820 ordinary shares in the London-listed energy services company. ....

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Renewi shares rise on new Dutch facility opening

Shares in Renewi rose strongly on Tuesday after the FTSE 250-listed recycling firm announced the opening of a new hard plastics sorting facility in The Netherlands which it said will help deliver on its sustainable organic growth objectives. ....

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Wood Group misses estimates for 2023 but upgrades guidance

Shares in Wood Group slumped on Tuesday despite an upgrade to its current-year outlook, as the engineering company reported wider-than-expected losses and increased debt levels for 2023. ....

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