Company Results & Outlooks

Iconic motorbike maker Enfield eyes new markets to rev up growth

NEW DELHI, May 28 - Iconic motorbike maker Royal Enfield, owned by India's Eicher Motors, is planning to push into Latin America and Southeast Asian markets to boost profits, CEO Siddhartha Lal told Reuters on Thursday.

UPDATE 1-PayPoint to sell parking and online payment processing companies

May 28 - Bill payments firm PayPoint Plc said it would sell its parking and online payment processing companies to focus on its retail services businesses in the UK, Ireland and Romania.

UPDATE 1-Tate & Lyle signals tough year ahead as it overhauls business

LONDON, May 28 - Britain's Tate & Lyle reported lower full-year profit in line with its forecast on Thursday and signalled that this year would be equally tough as it overhauls its business.

8:13am BST

CORRECTED-Tate & Lyle posts lower profit in line with its guidance

LONDON, May 28 - British food ingredients maker Tate & Lyle reported adjusted full-year profit in line with its forecast on Thursday and signalled that the restructuring it is undertaking will yield fruit over time.

7:56am BST

BRIEF-Sports Direct raises full-year earnings per share forecast

* Updates are in line with market expectations at underlying EBITDA of 380 mln stg but are ahead of underlying PBT and EPS

7:40am BST

BRIEF-Connect Group appoints managing director of Tuffnells Parcels Express

* Appointment of Chris Ward as new managing director of Tuffnells Parcels Express, Connect Parcel Freight Division, with effect from 29 June 2015

7:35am BST

Screwfix helps Kingfisher to first-quarter profit rise

LONDON, May 28 - Kingfisher, Europe's biggest home improvement retailer, posted a 1.4 percent rise in first quarter retail profit, helped by a strong performance at Screwfix which lifted sales at its British arm.

7:27am BST

BRIEF-Optimal Payments acquires FANS Entertainment Inc for about $13 mln

* Optimal payments adds strategic mobile capabilities with acquisition of FANS Entertainment Inc

M&A, 7:26am BST

Sports Direct lifts profit outlook on lower interest charges

LONDON, May 28 - Sports Direct, Britain's biggest sporting goods retailer, raised its full-year earnings per share (EPS) and profit outlook on Thursday due to lower interest charges and what it described as a prudent depreciation policy.

7:24am BST
Currency
US $ inGBP =0.6535
Euro inGBP =0.7142
¥en inGBP =0.0053