London close: Stocks finish higher as US inflation tops forecasts

10th Apr 2024 15:00

(Sharecast News) - London's stock markets closed positively on Wednesday, as investors processed a higher-than-anticipated inflation report from the US, while Tesco paced the gains following favourable results.

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London close: Stocks rise amid raft of solid earnings

22nd Feb 2024 16:26

(Sharecast News) - London's stock markets finished in positive territory on Thursday, bolstered by upbeat performances from US AI chipmaker Nvidia and engine manufacturer Rolls-Royce.

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Safestore quarterly revenues fall, names new CFO

22nd Feb 2024 09:15

(Sharecast News) - Self-storage group Safestore said on Thursday that quarterly revenues had fallen amid "challenging economic conditions".

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London close: Stocks slip after surprise jump in UK inflation

17th Jan 2024 15:03

(Sharecast News) - London's financial markets experienced a downturn on Wednesday, as a surprising increase in UK inflation and sluggish Chinese GDP growth impacted investor sentiment.

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Safestore beats FY forecasts but shares fall on cautious outlook

17th Jan 2024 08:44

(Sharecast News) - Shares in Safestore declined on Wednesday despite the self-storage space provider appearing to beat market expectations with its annual results, as it pointed to a softening of conditions in the UK in the new financial year.

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Safestore reiterates FY guidance following modest Q4 revenue growth

28th Nov 2023 08:15

(Sharecast News) - Self-storage facilities operator Safestore reiterated its full-year guidance on Tuesday following a modest rise in revenues during the fourth quarter.

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Safestore on the hunt for new CFO as Andy Jones retires

28th Sep 2023 07:23

(Sharecast News) - Self-storage group Safestore has announced that its chief financial officer Andy Jones is to retire, after over 10 years with the company.

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Morgan Stanley sees 'compelling' opportunity with UK property stocks

26th Sep 2023 09:24

(Sharecast News) - UK real estate investment trusts (REITs) offer a "compelling" investment opportunity, according to analyst at Morgan Stanley, who said that the sector could soon see a recovery as challenging macro conditions slowly begin to ease.

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Director dealings: Safestore non-exec, Eneraqua CEO pick up shares

11th Sep 2023 11:49

(Sharecast News) - Safestore was among those at the top of the list of director purchases on Monday, after a non-executive director was involved in picking up more than 12,000 shares.

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London close: Stocks mixed as weaker pound lifts FTSE 100

7th Sep 2023 15:57

(Sharecast News) - London's stock market presented a mixed close on Thursday, with the bourse's top-flight index ending in positive territory, buoyed by a weakening pound.

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Safestore sees FY earnings at lower end of forecasts

7th Sep 2023 11:39

(Sharecast News) - Safestore Holdings warned that full-year earnings were likely to come in at the lower end of analyst forecasts on Thursday, as it continued to invest in new sites.

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Director dealings: Lombard Odier invests in Seeing Machines, Safestore director buys shares

28th Jun 2023 13:24

(Sharecast News) - Driver monitoring technology company Seeing Machines made two disclosures on Wednesday, after an entity linked to a non-executive director made a number of purchases.

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Safestore revenues rise on strong storage rates

14th Jun 2023 07:41

(Sharecast News) - Safestore reported a rise in half-year revenues, driven by strong storage rates and demand, despite a fall in profits due to a lower gain in investment properties.

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Safestore Q1 revenue up 9.4%

21st Feb 2023 07:27

(Sharecast News) - Storage space operator Safestore reported strong revenue growth in its first quarter, driven by a rise in lettable area across its estate.

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Safestore FY revenues rise after 'strong trading performance'

17th Jan 2023 08:03

(Sharecast News) - Self-storage facilities group Safestore said on Tuesday that it had delivered a "strong trading performance" in a year of "significant strategic progress and geographic expansion".

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