The Mail 28/02 | Vox Markets

The Mail 28/02

Aston Martin Holdings (AML) has warned coronavirus has the potential to impact on demand and supply in China – its fastest growing market – as it posted pre-tax losses of £104.3million for 2019, against losses of £68.2million a year earlier.

Consumer healthcare giant Reckitt Benckiser Group (RB.) has slumped to a £1.9 billion operating loss for the year despite increasing sales. The Durex and Dettol owner said sales increased by 2 per cent to £12.8billion for the year.

The liberalisation of sports gambling laws in the USA helped Betfair’s parent firm record a 14 per cent increase in year-on-year revenue. However profits fell, partly due to new gambling regulations in the UK.

The chief executive of UK housebuilder Persimmon (PSN) has stepped down after just over a year in the role.

Crisis-hit NMC Health (NMC) has fired its chief executive after discovering it could be on the hook for £260million of secretly arranged loans.

Marks & Spencer Group (MKS) has launched a digital bra-fitting tool to boost sales of its best selling product. The ailing retailer has struggled to return its clothing section to former glories due to supply issues and accusations its fashion styling is dowdy.

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Mentioned in this post

AML
Aston Martin Holdings
MKS
Marks & Spencer Group
NMC
NMC Health
PSN
Persimmon
RB.
Reckitt Benckiser Group