Britvic H1 Profit Down, Reinstates Dividend; Sees Encouraging Trading; Stock Up

Roche Gets EUA For Testing Of Asymptomatic People With Cobas SARS-CoV-2 Test

Roche (RHHBY) said Tuesday that it has received emergency use authorization from the U.S. Food and Drug Administration for testing of asymptomatic people with the cobas SARS-CoV-2 Test to help control the spread of COVID-19.

The authorization supports the guidance update from the U.S. Centers for Disease Control and Prevention (CDC) to expand SARS-CoV-2 testing to include people without symptoms in an effort to reduce the spread of disease, and applies to pooled samples containing up to and including six individual samples.

The cobas SARS-CoV-2 for use on the cobas 6800/8800 Systems is a real-time RT-PCR test intended for the qualitative detection of nucleic acids from SARS-CoV-2 in healthcare provider-instructed self-collected anterior nasal swab specimens, and healthcare provider-collected nasal, nasopharyngeal, and oropharyngeal swab specimens collected from any individuals, including those suspected of COVID-19 by their healthcare provider, and those without symptoms or other reasons to suspect COVID-19.

Grinding to a halt – is this the end of lap dancing clubs?

In March this year, Blackpool council took steps to eradicate the town’s lap dancing clubs for good in what they call an attempt to return the area to a family friendly resort.

But for the women that work in them, is it liberation, exploitation or sexism? And could this mean that sexual entertainment venues are slowly dying out?

Host Ashna Hurynag is joined by dancer of 10 years Toni Mansell, councillor Adrian Hutton of Blackpool Council and CEO of Not Buying It, a campaign group against the porn and sex trade, Dr Sasha Rakoff.

Hong Kong temporarily suspends operations at representative office in Taiwan

HONG KONG (REUTERS) – Hong Kong’s representative office in Taiwan has temporarily suspended operations, the city’s constitutional and mainland affairs bureau said on Tuesday (May 18), without providing an explanation.

The bureau said in a statement requests for assistance would be handled through hotlines and via the Hong Kong government website. It did not give any other details.

Taiwan’s Mainland Affairs Council said it was working on a response on the matter.

This story is developing.

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Knife-wielding man pinned down at Sylvia Park Shopping Centre in Auckland

Security guards have wrestled a knife-wielding man to the ground outside Sylvia Park shopping centre in Auckland.

The man was taken down by two security guards before fleeing the scene.

No one was hurt in the incident.

Police, the mall owner and the security company have been contacted for comment.

More to come

Engie Q1 EBITDA Rises; Backs FY Net Recurring Income Outlook

French natural gas and electricity supplier Engie SA (ENGQF.PK,ENGIY.PK) reported that its first-quarter EBITDA was 3.2 billion euros, up 5% on a gross basis and up 7% on an organic basis.

EBIT was 2.1 billion euros, up 8% on a gross basis and up 10% on an organic basis.

Revenues were 16.9 billion euros, up 2% on a gross basis and up 5% on an organic basis. Impact from foreign exchange was mainly from the depreciation of the US dollar and Brazilian real against the euro. On an organic basis, revenues increased primarily due to colder temperature, increase in commodity prices, recovery on Client Solutions activities and renewables assets commissioned last year.

For the full year 2021, Engie reaffirmed its net recurring income group share guidance in a range of 2.3 billion euros – 2.5 billion euros. The guidance is based on an indicative EBITDA range of 9.9 billion euros to 10.3 billion euros and EBIT range of 5.2 billion euros to 5.6 billion euros.

Micro Focus Expects Constant Currency Revenue Decline Of 5% In H1 – Quick Facts

Micro Focus International plc (MCRO.L, MFGP) announced that it expects to report revenue of approximately $1.4 billion for the six months ended 30 April 2021, representing decline of approximately 5% on constant currency basis.

Adjusted EBITDA margin for the first half was approximately 36%, reflecting the strong licence revenue performance and cost savings from back office simplification, partially offset by the planned product investment.

Looking ahead for fiscal 2021, the company continues to target a meaningful improvement in the rate of constant currency revenue decline when compared to fiscal 2020, in line with current revenue consensus.

Micro Focus also announced that recruitment of a new Chief Financial Officer is at an advanced stage.

Britvic H1 Profit Down, Reinstates Dividend; Sees Encouraging Trading; Stock Up

Britvic plc (BVIC.L), a plant-based drinks brand, reported Tuesday that its first-half profit after tax decreased 14.7 percent to 33.2 million pounds from 38.9 million pounds a year ago.

Basic earnings per share declined 15.6 percent to 12.4 pence from 14.7 pence a year ago. Adjusted earnings per share were 15.2 pence, compared to 19 pence last year.

EBIT declined 16.7 percent from last year to 52.3 million pounds, and adjusted EBIT decreased 20.6 percent to 60.1 million pounds.

Revenue fell 11.7 percent to 617.1 million pounds from last year’s 698.8 million pounds. Revenues declined 6.3 percent at constant exchange rates.

Further, the company said its Board has reinstated the interim dividend and declared a dividend of 6.5p reflecting confidence in full year performance.

Regarding the current trading, the company said there are encouraging trading in the first weeks of second half as lockdown measures begin to ease in the UK.

Going forward, the company anticipates positive mix impact as At-Home growth moderates, socialising increases and on-the-go consumption regains momentum.

In London, Britvic shares were trading at 953 pence, up 3.70 percent.