Half-year reporting season delivered a dense morning of results and strategic reshuffles across UK large- and small-caps. Property portal Rightmove (LSE:RMV) trimmed its revenue growth outlook on New Homes softness, while banking and industrials names largely reaffirmed or lifted guidance, and a cluster of disposals, from HSBC's Australian mortgage book to Sainsbury's sale of Argos, reshaped corporate portfolios.
Rightmove cuts revenue growth guidance amid New Homes slowdown
Rightmove (LSE:RMV) lowered its revenue growth guidance for the year, citing persistent volume headwinds in its New Homes segment. Chief executive Johan Svanstrom said continued momentum elsewhere in the business gives him confidence in the outlook for 2026 and beyond, even as the New Homes slowdown weighs on near-term growth.
Pearson lifts H1 profit and holds full-year guidance
Pearson (LSE:PSON) reported higher first-half profit and maintained its full-year guidance. Chief executive Omar Abbosh said the company delivered a good first-half performance and executed well against its strategy, pointing to continued progress across its core divisions.
IAG holds full-year targets despite fuel and Middle East hit
International Consolidated Airlines Group (LSE:IAG), owner of British Airways, reported first-half operating profit of €1.757 billion, down from €1.878 billion a year earlier, as higher fuel costs and Middle East disruption offset underlying revenue growth. The group held its full-year targets despite the profit decline.
NatWest lifts 2026 guidance after strong first half
NatWest Group (LSE:NWG) raised its full-year guidance after reporting first-half attributable profit of £3.0 billion. The upgrade was backed by the completed acquisition of Evelyn Partners, which the bank said is contributing to its improved outlook for the year.
ITV reiterates guidance, says profit growth weighted to H2
ITV (LSE:ITV) reiterated its full-year guidance, with chief executive Carolyn McCall flagging that profit growth is weighted toward the second half. McCall said the previously announced sale of the Media & Entertainment arm to Sky will unlock significant value for shareholders as the group refocuses its portfolio.
TEAM lifts assets under management to £2.6 billion
TEAM (LSE:TEAM) told shareholders at its annual general meeting that assets under influence and management have grown to approximately £2.6 billion, up from £2.3 billion at the end of March. The company said integration of recent acquisitions remains on schedule.
Ariana Resources sells Kiziltepe stake for $3.7 million cash
Ariana Resources (AIM:AAU), the AIM and ASX-listed gold explorer, has sold its remaining 9.9% interest in Türkiye's Kiziltepe Sector to Proccea Construction for $3.7 million in cash. The proceeds will help fund development of the company's Zimbabwe project.
Zanaga extends Red Arc deadline as $500 million DFI financing advances
Zanaga Iron Ore Company (AIM:ZIOC) has pushed back the deadline for Red Arc Minerals' proposed strategic investment to 30 November. A development finance institution has issued a letter of intent for up to $500 million in project financing, marking a significant step for the company's iron ore development plans.
AstraZeneca's Datroway wins EU approval for breast cancer
AstraZeneca (LSE:AZN) secured European Commission clearance for Datroway as a first-line monotherapy for metastatic triple-negative breast cancer patients ineligible for immunotherapy. The approval makes Datroway the only TROP2-directed therapy with a proven survival benefit in this patient population.
HSBC sells Australian home loan book to Blackstone
HSBC Holdings (LSE:HSBA) has agreed to sell its AUD 36 billion Australian home and personal loan portfolio to funds managed by Blackstone. The disposal forms part of HSBC's broader retreat from retail banking in Australia.
IG Group buys Underdog for up to $1.3 billion
IG Group Holdings (LSE:IGG) has agreed to acquire prediction markets platform Underdog for up to $1.3 billion. Chief executive Breon Corcoran said the deal establishes IG as a leader in US prediction markets, calling it one of the most significant opportunities across trading and entertainment.
Sainsbury's sells Argos to Swift Partners for £120 million
J Sainsbury (LSE:SBRY) has agreed to sell Argos to Swift Partners for £120 million. The retailer said the divestment supports its strategy of building a simpler, more focused business with higher margins, higher growth and stronger free cash flow generation.
Melrose lifts profit despite Garden Grove hit
Melrose Industries (LSE:MRO) grew first-half operating profit by 16% and raised its interim dividend, even as a chemical tank incident at its Garden Grove site cut revenue and forced a pause to its share buyback programme.
Taylor Wimpey cuts shareholder returns as downturn persists
Taylor Wimpey (LSE:TW.) revised its distribution policy downward and narrowed full-year completion guidance after a weaker second quarter squeezed profitability. The housebuilder's move reflects the continued pressure facing the UK new-build market.
