Articles by Northern Financial Review

Genedrive shares fall 20% as loss widens

Shares of Manchester-based molecular diagnostics company Genedrive fell about 20% on Monday after the firm reported a substantially widened pretax loss as revenue slumped due to a lack…



Bodycote 4-month revenue up 29% to £258m

Bodycote, the Macclesfield-based heat treatment and thermal processing giant, issued a trading update covering the four months to October 31, 2022. Bodycote said total group revenue…







McBride shareholders revolt over stock allotment

Manchester-based household products firm McBride plc narrowly escaped a revolt by some shareholders over “directors’ authority to allot shares” at its AGM on Wednesday. McBride said…






Redcentric expects H1 revenue up 39% to £61m

Harrogate-based IT firm Redcentric plc said in a trading update it expects its half-year revenue to increase, after five acquisitions were completed between September 2021…




Cussons agrees new £325m credit facility

Manchester-based consumer products company PZ Cussons said it has agreed a new £325 million committed credit facility, provided by a syndicate of lenders. The new credit facility…



Altrincham’s Matillion gets investment from Databricks

Altrincham-based cloud data integration platform Matillion has announced an investment from US-based Databricks Ventures. Matillion said the strategic investment for an undisclosed amount underpins Databricks’ support…



Analysts’ views: B&M, Auto Trader

Here are the views of some of the UK’s leading business analysts on the news published by North of England listed companies on Thursday: Russ…


B&M profit falls 17% to £201m in first half

Liverpool-based FTSE 100 firm B&M European Value Retail S.A. on Thursday backed its annual guidance but reported a first-half revenue fall from its UK business. The retailer…













DWF, Manchester law giant, buys Vancouver firm

By Mark McSherry Manchester-headquartered international law firm DWF Group plc announced it agreed to acquire Whitelaw Twining Law Corporation of Vancouver, Canada, and TWK Management…






Boohoo shares down 9% after downgrade

Shares of Manchester-based online fashion giant Boohoo fell as much as 9% on Wednesday after broker Liberum downgraded the stock to “sell.” “Boohoo is facing several…


Manchester cyber firm NCC maintains outlook

NCC Group, the Manchester-based global cyber security and risk mitigation firm, said in an AGM trading statement it continues to generate double-digit constant currency revenue growth…







Bodycote hires Rolls-Royce’s Ben Fidler as CFO

Bodycote, the Macclesfield-based heat treatment and thermal processing giant, announced the appointment of Rolls-Royce executive Ben Fidler as its chief financial officer (CFO) designate and…



Mattioli Woods assets slip to £4.7bn

Mattioli Woods, the wealth and asset management business, said in an AGM statement that its gross assets under management have fallen 7.3% to £4.7 billion in the…


Speedy Hire CFO James Bunn resigns

Speedy Hire plc, the Newton-le-Willows-based tools and equipment hire firm, announced that James Bunn has tendered his resignation as chief financial officer (CFO) “to pursue…


SysGroup shares up 13% amid strong trading

Shares of SysGroup plc, the Liverpool-based IT services, cloud hosting and cyber security firm, rose about 13% after it published a strong trading update for the…










Jet2 in new £300m revolving credit facility

Leeds-based Jet2 plc announced on Wednesday it has entered into a new revolving credit facility (RCF) with Barclays Bank, Lloyds Bank, HSBC UK Bank and National Westminster…




Moneysupermarket Q3 revenue up 33% to £102m

Shares of Chester-based price comparison website Moneysupermarket.com Group Plc rose about 8% after it reported trading results for the quarter ended September 30, 2022, and…








Stockport’s KMP acquired by SP Plus of Chicago

By Mark McSherry Chicago-based SP Plus Corporation has acquired Stockport-based KMP Associates Limited,  a software and technology provider serving aviation and commercial parking clients throughout…