Thg Share News (THG)

THG returns to revenue growth in September

(Sharecast News) - Online retailer The Hut Group said on Tuesday that revenues had fallen in the third quarter but that it had returned to constant currency revenue growth in September.

Kelso Group Holdings buys 1 million shares in "special" NCC

(Alliance News) - Kelso Group Holdings PLC on Tuesday announced its third investment, having purchased 1.0 million shares in cybersecurity company NCC Group PLC.

BofA Merrill Lynch reiterates 'buy' on THG

(Sharecast News) - Bank of America Merrill Lynch reiterated its 'buy' rating on THG on Friday as it argued that margins are improving and it's now time for growth.

Kelso votes against TheWorks paying a final dividend at latter's AGM

(Alliance News) - Kelso Group Holdings PLC on Thursday said it voted against a resolution as a shareholder of TheWorks.co.uk PLC at the latter's annual general meeting on Wednesday, which related to a proposal of TheWorks paying a final dividend.

LONDON BROKER RATINGS: Berenberg likes Intertek; Goldman ups Derwent

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

IN BRIEF: Kelso expresses disappointment in THG's lack of strategy

Kelso Group Holdings PLC - London-headquartered investment company - Updates its shareholders on its investment in THG PLC, following the publication of THG's half-year results on Thursday. Says that while it was "generally pleased" with the operational and financial performance of THG, the lack of strategic update was disappointing. Notes there is no mention of plans for the medium-term structure of the business or regarding its move to the Premium Segment of the London Stock Exchange, adding: "These matters are important to shareholders; we think that today's material share price fall is due to the lack of clarity on these plans."

THG shares dip on weak first half but in line with earnings consensus

(Alliance News) - THG PLC on Thursday reported a weaker first half of 2023 with revenue plummeting and loss widening on a setback in its Beauty division, but maintains a hopeful outlook as sales trends improve and earnings in line with forecasts.

LONDON BROKER RATINGS: JPMorgan ups Rio Tinto; Redburn likes Carnival

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:

LONDON MARKET OPEN: Stocks subdued ahead of ECB; Trainline shines

(Alliance News) - Stock prices in London opened mixed on Thursday, with the focus being the European Central Bank's interest rate decision in the afternoon.

LONDON BRIEFING: Trainline launches buyback as revenue rises 19%

(Alliance News) - Stocks in London are called higher, with all eyes on the interest rate decision from the European Central Bank later in the day.

THG holds guidance as sales trends improve in H1

(Sharecast News) - Shares in UK online retail platform THG tanked on Thursday as the company's first half pre-tax losses widened and revenues slipped.

UK earnings, trading statements calendar - next 7 days

THG purchase saves London business free sheet City AM

(Alliance News) - Online retail group THG PLC has sealed a surprise deal to buy London-based business free sheet City AM, the newspaper has confirmed.

LONDON MARKET CLOSE: Europe falls amid pre-Fed decision caution

(Alliance News) - Blue-chip stock prices in Europe closed lower on Wednesday, as risk aversion set in ahead of a Federal Reserve interest rate decision later.

Online retail group THG in talks to buy newspaper City AM — Sky News

(Alliance News) - Online retail group THG PLC is in talks over a surprise deal to buy business newspaper City AM, Sky News reported on Wednesday.