"The Share Repurchase Program demonstrates our confidence in Lexin's business fundamentals and growth opportunities. We believe this is an attractive way of deploying our capital and returning value to shareholders, and we will continue to evaluate additional opportunities to enhance shareholder returns."
Michael O'Leary criticized government inaction regarding the passenger cap at Dublin Airport, stating, "Here is infrastructure that is built and paid for that they won't allow us to use." He referred to the government's infrastructure plans as "smoke and mirrors" amid a €100bn investment announcement. O'Leary noted that the long-standing cap limiting passenger numbers to 32 million has not been addressed despite prior promises from coalition parties. He voiced concerns about the Minister for Transport Darragh O'Brien's lack of action, labeling it as "dither, delay and indecision".
The audited financials for 2024 confirm that we not only met but clearly exceeded our preliminary figures. This performance validates the strength of our strategic transformation.
AB Foods has reported disappointing results with a 2% decline in revenue, attributed to significant losses in its Sugar business and flat growth in Primark.
"Weaker pricing and falling demand has impacted the company and Travis Perkins is facing a 'challenging' year as there is less demand in the sector."
Wetherspoons has delivered a solid like-for-like sales performance in the period and trading in the last seven weeks has been robust.