THG Q3 revenues grow
26th Oct 2021 07:28
(Sharecast News) - E-commerce company The Hut Group said on Tuesday that revenues had grown year-on-year during the third quarter of 2021.
Read moreSunday newspaper round-up: The Hut Group, Bank of England, Gelion Technologies
17th Oct 2021 22:54
(Sharecast News) - Tax law experts claim that British taxpayers will end up subsidising US private equity outfit Clayton Dubilier & Rice's $7bn takeover of Morrisons. On Saturday, MPs and tax campaigners said the deal "stinks" and will probably see the grocer pay less in taxes to the Exchequer. According to Richard Murphy, of Sheffield University Management School: "If CD&R put the debt on to Morrisons to buy it, then the profits are reduced due to the interest payments sent offshore. The Government will be subsidising this if there is debt involved. Is that a good use of taxpayer money?" - Financial Mail on Sunday
Read moreTHG share price collapse "unjustified", says Liberum
13th Oct 2021 15:56
(Sharecast News) - Broker Liberum said on Wednesday that the collapse in the THG share price a day earlier was unjustified.
Read moreTHG unaware of reason for 35% share price slump
13th Oct 2021 07:48
(Sharecast News) - THG, formerly The Hut Group, said on Wednesday that it was not aware of any reason for the slump in its share price a day earlier.
Read moreTHG slumps after Goldman reportedly sells £180m worth of shares
4th Oct 2021 10:58
(Sharecast News) - THG, formerly The Hut Group, slumped on Monday after US investment bank Goldman Sachs reportedly cut its shareholding in the company by a third in recent days.
Read moreTHG to buy online retailer Cult Beauty for £275m
4th Aug 2021 08:31
(Sharecast News) - THG said on Wednesday that it has agreed to buy online beauty retailer Cult Beauty for £275m in cash.
Read moreRBC Capital starts The Hut Group at 'sector perform'
13th Jul 2021 15:26
(Sharecast News) - RBC Capital Markets initiated coverage of The Hut Group at 'sector perform' on Tuesday with a 715p price target.
Read moreTuesday broker round-up
1st Jun 2021 13:43
(Sharecast News) - Tekmar Group: Berenberg reiterates buy with a target price of 75p.
Read moreThe Hut Group dragged to FY statutory loss despite surge in revenues
15th Apr 2021 08:33
(Sharecast News) - E-commerce company The Hut Group said on Thursday that full-year revenues and adjusted underlying earnings had both surged in 2020 after the Covid-19 pandemic led to an increased level of online shopping.
Read moreHut Group ups sales forecast after bumper November
7th Dec 2020 08:20
(Sharecast News) - Shares in THG Holdings jumped 3% in morning trading after the owner of The Hut Group upped its full-year sales guidance for the second time since its September stock market debut.
Read moreLiberum initiates coverage on The Hut Group at 'buy'
2nd Nov 2020 13:13
(Sharecast News) - Analysts at Liberum initiated coverage on e-commerce firm The Hut Group with a 'buy' rating on Monday, calling the company "a gem" of a business.
Read moreThe Hut Group raises FY revenue guidance following strong Q3
26th Oct 2020 10:20
(Sharecast News) - British e-commerce firm The Hut Group said on Monday that third-quarter revenues had accelerated, leading the firm to upgrade its full-year revenue guidance.
Read moreTerrace Hill profits sink after 'transformational year'
12th Dec 2013 08:08
AIM-listed property firm Terrace Hill Group (THG) reported a significant fall in annual profits during a 'transformational year' as it moves away from residential and into the commercial markets. The firm reported a profit before tax, including discontinued operations, of £6.2m for the 12 months to
Read moreTerrace Hill pares back debt and focuses on supermarkets
5th Jun 2013 14:06
Property developer Terrace Hill slashed debts as it sold off most of its residential assets in the first half of the year to begin a new focus on developing stores for major supermarket groups. The AIM group saw triple net asset value (TNAV) increase 4.6% to 28.1p by the end of the six months to 31
Read moreVectura director exercises options after milestone payment
28th Sep 2012 17:17
Shares of Cambridge-based Vectura rose after it confirmed the Japanese government has approved its Seebri inhalation capsules used in inhaler devices. The shares rose 2p to 86.5p, on news that government clearance will trigger a £2.5m milestone payment for Vectura from its partner Novartis. Whethe
Read more