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Abrdn returns to profit after cutting costs

A return to profitability lifts the forlorn asset manager, but the same challenges remain

XP Power hit by inventory destocking

Self-help measures have delivered significant cost savings, but the sales outlook is far from clear

Travis Perkins makes progress with debt reduction

Measures to address overheads free up cash to de-lever

St James’s Place confounds the market

Investors were surprised by St James’s Place’s cost-cutting plans, but the asset manager was simply following a well-travelled path

IWG ups room signings but doubts linger

The group now reports in US dollars – a precursor to a US switch?

Clarkson supported by favourable industry trends

The prospect of a US slowdown won't help the industry outlook, but, on balance, market dynamics are generally favourable

Senior's orders improve as it looks to boost delivery

Order intakes improves in spite of industry problems linked to Boeing

Capita’s asset sales win a second look

Debt is less of a worry at the outsourcer these days but what the path to a sustainable future looks like is anyone’s guess

Intertek gains at the margins

A steep rise in the dividend reflects the new payout ratio

IAG brings back dividend as Europa deal collapses

Company has cash to spend after abandoning Air Europa deal