Investing.com
Published Oct 24, 2019 07:08
Updated Oct 24, 2019 07:20
Investing.com -- Here are the highlights of Thursday's regulatory releases from the London Stock Exchange. Please refresh for updates.
Publishing and events group Relx (LON:REL) reported underlying revenue growth up 4% in the first nine months of 2019, noting "some improvement in underlying metrics compared to the first half across all four business areas" but still predicting only modest sales growth for the year.
Software group AVEVA (LON:AVV) said it achieved low double-digit revenue growth on a proforma constant currency basis in the first half.
"This growth reflects a continuation of the strong sales execution seen in Q1, and further benefited from the early renewal of a large EPC contract and a moderate increase in revenue from multi-year contracts," the company said in a brief statement
It added that the numbers were boosted by the drop in sterling in the quarter.
Full results are due on Nov. 12
Russian-focused gold and silver miner Polymetal (LON:POLYP) said revenue rose 43% to $656 million on the back of higher sales volumes and prices. It also said it's likely to exceed its predicted full-year output of 1.55 million ounces by as much as 50,000oz.
Gold equivalent ("GE") production grew by 7% year-on-year to 476,000oz, driven by the new Kyzyl mine, which contributed 94,000oz.
Kyzyl is now producing 11% more concentrate on a steady state basis than originally designed.
The company output mix shifted in favour of gold as silver output from its older Dukat mine declined as planned
Investment platform AJ Bell (LON:AJBA) said customer numbers increased by 17% on the year to 232,066, while total assets under administration rose 13% to 52.3 billion pounds.Platform customers increased by 34,956 to 218,169, up 19% on the year. Underlying platform inflows were 5.4 billion pounds, just above last year's 5.2 billion. Transfers from defined benefit pensions added a further £0.9 billion.
Written By: Investing.com
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