---Imperial Brands Full-Year Net Revenue Growth Misses Views SlightlyImperial Brands posted net revenue growth slightly below expectations for fiscal 2023 but a better adjusted operating profit growth for the year as it continues to offset volume declines with strong pricing. ---Babcock International Contract Backlog Fell; Reinstates Dividend After Pretax Profit RoseBabcock International Group said its contract backlog for the first half of its fiscal year fell, but reinstated dividend payments after its pretax profit rose. ---ConvaTec Backs Top End of Organic Revenue Guidance RangeConvaTec Group has backed the top end of its organic revenue guidance range for this year after reporting higher revenue for the first ten months of the year. ---Elementis Targets Above-Market Revenue Growth; Plans to Cut JobsElementis said it expects to deliver revenue above market growth by 2026 and that it aims reduce costs, including through job cuts. The cake retailer reported a 1H pretax profit increase of 18% driven by robust revenue growth, margin expansion and operating leverage, the analysts add.

Source: Wall Street Journal November 15, 2023 05:32 UTC