UK defence technology firm Cohort Plc reported higher-than-expected full-year adjusted earnings and a record order book, driven by strong international demand, prompting a 10% dividend increase.
The London-based alternative asset manager reported a 10% year-over-year increase in fee-earning AUM to $88 billion and signaled strong fundraising momentum in its latest trading update.
Shares of Norwegian insurer Storebrand jumped after the company reported a 26% rise in second-quarter profit, driven by strong insurance results, and announced a new NOK 1 billion share repurchase program.
The investment bank started coverage on the Swiss building technology firm with a CHF 145 price target, arguing that the company's premium valuation already accounts for an expected surge in property renovations.
The Swiss luxury group reported first-quarter sales of €6.33 billion, a 20% increase at constant currencies that significantly surpassed forecasts and sent its stock to a 52-week high.
The UK housebuilder's stock rose after it replaced its dividend with a major share repurchase program, citing a wide discount to its asset value, and reported fiscal year results that met market expectations.
The Norwegian salmon farmer reported second-quarter harvest volumes that surpassed its own guidance, leading to a significant 23% year-over-year increase in operational earnings.
Shares of the world's largest Atlantic salmon producer, Mowi, gained after the company released a preliminary Q2 trading update revealing record harvest volumes and a 23% increase in operational profit.
The British bootmaker maintained its fiscal 2027 financial targets, citing encouraging wholesale demand in the United States and stable trading since the start of its financial year.
