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Geely brand Farizon starts selling electric vans in London
Geely brand Farizon starts selling electric vans in London

Yahoo

time2 days ago

  • Automotive
  • Yahoo

Geely brand Farizon starts selling electric vans in London

The Farizon SV electric van for the UK market has commenced sales in London. The flagship first dealership – on the busy A406 North Circular near the Hangar Lane Gyratory in Park Royal – showcases the brand's corporate identity that will be implemented at its growing network of retail partner sites across the UK in the coming months. Switch Auto Insurance and Save Today! Great Rates and Award-Winning Service The Insurance Savings You Expect Affordable Auto Insurance, Customized for You Two franchised dealers have been appointed in the UK - Heathrow Van Centre in west London, and SMV Commercials Yeovil in the south-west of England. All three dealer locations are offering interested businesses a free, no-obligation 48-hour Farizon test drive for them to experience the SV for themselves The Park Royal showroom will have a selection of demonstrators, following the successful registration of an initial fleet of 30 Farizon SV vans last month. More will be added in the coming months to showcase the diverse range of variants available, the brand says. Scott Fogharty, Head of Business at Jameel Motors UK, said: 'Our team has been working hard to get this site open as quickly as possible, so we have a base from which to offer test drives and to finalise sales with a rapidly growing list of prospective customers. The reaction to our launch activities over the last few months has been hugely positive, and we're looking forward to working with customers to quickly get them on the road with their new SV electric vans.' The Farizon SV The electric Farizon SV features drive-by-wire technology, a b-pillarless design and cell-to-pack battery packaging, which it says combine to deliver market-leading cargo capacity, payload, range and an ultra-low loading height. A single highly-specified trim level includes several premium features as standard, including a unique payload monitoring system, heated seats, heated multifunction steering wheel, heated windscreen, 360-degree surround view, and a comprehensive suite of ADAS safety systems, it says. The SV has also earned a five-star safety rating from Euro NCAP. The model line-up includes the option of 67 kWh, 83 kWh or 106 kWh batteries, with one efficient, all-electric powertrain available, which produces 170 kW (231 PS) of power and 336 Nm of torque. The SV delivers a WLTP range of up to 342 miles (city), and up to 247 miles (combined), while a 20 to 80 per cent top-up charge can be completed in as little as 36 minutes. Farizon New Energy Commercial Vehicle Group is a wholly-owned subsidiary of Geely Holding Group. "Geely brand Farizon starts selling electric vans in London" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio

US retailer Ulta Beauty enters UK market with Space NK acquisition
US retailer Ulta Beauty enters UK market with Space NK acquisition

Yahoo

time12-07-2025

  • Business
  • Yahoo

US retailer Ulta Beauty enters UK market with Space NK acquisition

US beauty retailer Ulta Beauty has completed the acquisition of British beauty retailer Space NK from Manzanita Capital, marking its entry into the UK market. The financial details of the transaction were not made public. The acquisition was financed using Ulta Beauty's available cash and its existing credit facility. This deal is not anticipated to significantly affect Ulta Beauty's financial outcomes for fiscal 2025 and will not interfere with its ongoing capital allocation initiatives, such as its share repurchase programme. Ulta Beauty CEO and president Kecia Steelman stated: 'We are excited to enter the UK market via the Space NK banner. 'International expansion is an integral part of our Ulta Beauty Unleashed plan, and the acquisition of Space NK offers a unique and strategically compelling opportunity to enter the growing UK market with a successful and growing brand. Along with our initiatives in Mexico and the Middle East, we are creating a broader platform for Ulta Beauty to unlock long-term, profitable growth.' Space NK has 83 stores across the UK and Ireland as well as its online platform. Post acquisition, Space NK will function as an independent subsidiary under Ulta Beauty and will continue under the leadership of its current management team, including CEO Andy Lightfoot. Lightfoot stated: 'We have long respected Ulta Beauty as the leading speciality beauty retailer in the US. We are energised and excited by the opportunity to join Ulta Beauty and benefit from its scale, brand relationships and resources to further fuel our mission to serve beauty-obsessed consumers through expertise and innovation.' Goldman Sachs has been appointed as the exclusive financial advisor to Ulta Beauty for this transaction, with Latham & Watkins providing legal counsel. Raymond James is acting as the exclusive financial advisor to Space NK, with Bryan Cave Leighton Paisner offering legal services to both Manzanita Capital and Space NK. In October 2024, Ulta Beauty revealed plans to open 200 new stores by 2027. "US retailer Ulta Beauty enters UK market with Space NK acquisition" was originally created and published by Retail Insight Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.

3 UK Stocks That Could Be Trading Below Their Estimated Value
3 UK Stocks That Could Be Trading Below Their Estimated Value

Yahoo

time10-07-2025

  • Business
  • Yahoo

3 UK Stocks That Could Be Trading Below Their Estimated Value

As the UK market grapples with global economic challenges, including weak trade data from China affecting the FTSE 100 and FTSE 250 indices, investors are increasingly on the lookout for opportunities amidst uncertainty. In such an environment, identifying stocks that may be trading below their estimated value can offer potential advantages by focusing on companies with strong fundamentals and resilience against broader market pressures. Name Current Price Fair Value (Est) Discount (Est) Victrex (LSE:VCT) £7.19 £13.69 47.5% Topps Tiles (LSE:TPT) £0.38 £0.7 45.5% TBC Bank Group (LSE:TBCG) £48.60 £93.32 47.9% Moonpig Group (LSE:MOON) £2.18 £4.02 45.7% Marlowe (AIM:MRL) £4.40 £8.35 47.3% LSL Property Services (LSE:LSL) £3.11 £5.95 47.8% Informa (LSE:INF) £8.232 £15.15 45.7% Burberry Group (LSE:BRBY) £12.04 £23.71 49.2% AstraZeneca (LSE:AZN) £103.62 £191.83 46% Aptitude Software Group (LSE:APTD) £2.96 £5.43 45.5% Click here to see the full list of 60 stocks from our Undervalued UK Stocks Based On Cash Flows screener. Below we spotlight a couple of our favorites from our exclusive screener. Overview: Young & Co.'s Brewery, P.L.C. operates and manages pubs and hotels in the United Kingdom with a market cap of £519.49 million. Operations: The company generates revenue primarily through its Managed Houses segment, which accounts for £485 million. Estimated Discount To Fair Value: 11.4% Young's Brewery is trading at £9.6, below its estimated fair value of £10.83, indicating potential undervaluation based on cash flows. Recent sales growth, driven by favorable weather and strong performance in gardens and riverside pubs, supports this view. Despite a dip in net income to £9.8 million from the previous year, earnings are forecast to grow significantly at 34.4% annually over the next three years compared to the UK market's 14.5%. Insights from our recent growth report point to a promising forecast for Young's Brewery's business outlook. Dive into the specifics of Young's Brewery here with our thorough financial health report. Overview: Hollywood Bowl Group plc operates ten-pin bowling and mini-golf centers in the United Kingdom and internationally, with a market cap of £421.15 million. Operations: The company generates revenue of £240.46 million from its recreational activities segment, which includes ten-pin bowling and mini-golf centers. Estimated Discount To Fair Value: 12.9% Hollywood Bowl Group is trading at £2.5, below its fair value estimate of £2.87, presenting a potential undervaluation based on cash flows. The company's earnings are forecast to grow 14.5% annually, outpacing the UK market's growth rate, with revenue expected to rise by 6.6% per year. Recent earnings showed a slight decline in net income to £20.63 million despite an increase in sales to £129.25 million for H1 2025 compared to the previous year. According our earnings growth report, there's an indication that Hollywood Bowl Group might be ready to expand. Navigate through the intricacies of Hollywood Bowl Group with our comprehensive financial health report here. Overview: Vistry Group PLC, with a market cap of £2.04 billion, provides housing solutions in the United Kingdom through its various subsidiaries. Operations: The company's revenue primarily comes from its Home Builders - Residential / Commercial segment, which generated £3.78 billion. Estimated Discount To Fair Value: 38.8% Vistry Group is trading at £6.26, significantly below its estimated fair value of £10.23, offering potential undervaluation based on cash flows despite lower profit margins (2%) compared to last year (6%). Earnings are forecast to grow 32.7% annually, outpacing the UK market's 14.5%. The forward order book totals £4.6 billion with secured units increasing to 72% for FY25 delivery, although recent executive changes may impact strategic direction. The growth report we've compiled suggests that Vistry Group's future prospects could be on the up. Delve into the full analysis health report here for a deeper understanding of Vistry Group. Dive into all 60 of the Undervalued UK Stocks Based On Cash Flows we have identified here. Have you diversified into these companies? Leverage the power of Simply Wall St's portfolio to keep a close eye on market movements affecting your investments. Discover a world of investment opportunities with Simply Wall St's free app and access unparalleled stock analysis across all markets. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include AIM:YNGA LSE:BOWL and LSE:VTY. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

UK firms lose taste for US investment, Deloitte survey shows
UK firms lose taste for US investment, Deloitte survey shows

Yahoo

time06-07-2025

  • Business
  • Yahoo

UK firms lose taste for US investment, Deloitte survey shows

By Andy Bruce (Reuters) -The attractiveness of the United States as an investment destination has plunged in the eyes of British business executives who now see opportunities closer to home, a survey showed on Monday. Deloitte's survey of chief financial officers at major British firms showed a net balance of +2% of respondents saw the U.S. as an attractive place to invest, down from +59% in late 2024 - shortly before President Donald Trump took office. The report tallied with official U.S. data last month that showed inward foreign direct investment fell sharply in early 2025, a drop that coincided with high business uncertainty over Trump's tariff plans. By contrast, Deloitte said British company executives warmed to their own market, with the balance for the UK rising to +13% from -12% - ranking top with India for investment attractiveness. The U.S. remained more attractive than the rest of developed Europe or China, both of which had negative readings in Deloitte's survey. "These results reveal a shift in sentiment with the UK now viewed as a leading global investment destination," said Richard Houston, senior partner and chief executive of Deloitte UK. "This renewed confidence, coupled with a rise in risk appetite, is welcome and underscores the considerable investment potential the UK offers." In 2023, Britain was the fourth-biggest direct investor into the United States by ultimate beneficial owner, with a position of $636 billion, according to official US data. The Deloitte survey showed British executives reported an uptick in business confidence compared with the previous survey published in April. While still subdued, the optimism index ticked up to -11% from -14% in the previous quarter. British business surveys generally point to weak economic growth - a problem for finance minister Rachel Reeves, who is likely to raise taxes again at the next budget, according to market expectations. Deloitte polled 66 chief financial officers and executives between June 16 and June 29, including 37 listed companies with a combined market value of 386 billion pounds. Sign in to access your portfolio

Exploring High Growth Tech Stocks in the UK for June 2025
Exploring High Growth Tech Stocks in the UK for June 2025

Yahoo

time26-06-2025

  • Business
  • Yahoo

Exploring High Growth Tech Stocks in the UK for June 2025

The United Kingdom's market has recently experienced downturns, with the FTSE 100 and FTSE 250 indices closing lower amid concerns over weak trade data from China, which has impacted companies closely tied to its economic fortunes. In this challenging environment, identifying high-growth tech stocks in the UK requires a focus on companies with strong innovation capabilities and resilience to global economic fluctuations. Name Revenue Growth Earnings Growth Growth Rating Audioboom Group 8.84% 59.33% ★★★★★☆ ENGAGE XR Holdings 22.08% 84.46% ★★★★★★ YouGov 3.98% 64.42% ★★★★★☆ Pinewood Technologies Group 24.99% 40.16% ★★★★★☆ Oxford Biomedica 16.89% 80.47% ★★★★★☆ Windar Photonics 37.85% 47.21% ★★★★★☆ Huddled Group 21.70% 114.65% ★★★★★☆ Trustpilot Group 15.20% 40.20% ★★★★★☆ Quantum Base Holdings 132.55% 92.87% ★★★★★☆ Faron Pharmaceuticals Oy 55.41% 54.99% ★★★★★☆ Click here to see the full list of 41 stocks from our UK High Growth Tech and AI Stocks screener. Here we highlight a subset of our preferred stocks from the screener. Simply Wall St Growth Rating: ★★★★☆☆ Overview: Aptitude Software Group plc, with a market cap of £185.73 million, offers financial management software solutions across the United Kingdom and international markets. Operations: Aptitude Software Group generates revenue primarily through its financial management software segment, which reported £70.04 million in revenue. Aptitude Software Group has demonstrated robust growth with earnings rising by 20.7% over the past year, surpassing the software industry's growth of 17.1%. This performance is underpinned by a strategic focus on innovative products like Fynapse, which recently secured a significant contract due to its advanced AI and data management capabilities, enhancing the company's recurring revenue streams. Additionally, Aptitude's commitment to shareholder returns is evident from its recent share repurchase of £4 million and consistent dividend payments, reflecting confidence in its financial health and future prospects. Get an in-depth perspective on Aptitude Software Group's performance by reading our health report here. Learn about Aptitude Software Group's historical performance. Simply Wall St Growth Rating: ★★★★☆☆ Overview: Genus plc is an animal genetics company with operations spanning North America, Latin America, the United Kingdom, Europe, the Middle East, Russia, Africa, and Asia and has a market capitalization of approximately £1.26 billion. Operations: Genus generates revenue primarily through its two main segments: Genus ABS, which contributes approximately £311.10 million, and Genus PIC, contributing around £358 million. The company operates within the animal genetics industry across various global regions. Genus's recent FDA approval marks a pivotal advancement, positioning it to capitalize on the U.S. food supply chain with its PRP gene edit technology—a significant stride given the global impact of PRRS on pig populations. This regulatory milestone complements Genus's robust R&D focus, where expenses have strategically fueled innovations critical to tackling industry-wide challenges like antibiotic resistance. Financially, Genus is navigating a path to profitability with expected earnings growth of 46.67% annually and revenue growth forecasts aligning slightly above the UK market average at 4% per year compared to 3.7%. This trajectory is supported by a positive free cash flow and an anticipated shift into profitability within three years, showcasing potential amidst a challenging biotech landscape. Click to explore a detailed breakdown of our findings in Genus' health report. Gain insights into Genus' past trends and performance with our Past report. Simply Wall St Growth Rating: ★★★★☆☆ Overview: Kainos Group plc provides digital technology services across the United Kingdom, Ireland, North America, Central Europe, and internationally with a market cap of £912.94 million. Operations: Kainos Group plc generates revenue primarily through its Digital Services (£197.17 million), Workday Products (£71.35 million), and Workday Services (£98.72 million) segments. Kainos Group plc, a UK-based software company, demonstrates robust financial health with an expected annual revenue growth of 7.1%, outpacing the UK market average of 3.7%. This growth is complemented by an impressive forecast of earnings increasing at 16.9% annually. Recently, Kainos completed a significant share repurchase program, buying back shares worth £30 million, underscoring its commitment to shareholder value amidst challenging market conditions. The firm's strategic focus on enhancing its software solutions portfolio through consistent R&D investment positions it well within the competitive tech landscape despite a recent dip in net income to £35.56 million from last year's £48.72 million. Unlock comprehensive insights into our analysis of Kainos Group stock in this health report. Assess Kainos Group's past performance with our detailed historical performance reports. Take a closer look at our UK High Growth Tech and AI Stocks list of 41 companies by clicking here. Invested in any of these stocks? Simplify your portfolio management with Simply Wall St and stay ahead with our alerts for any critical updates on your stocks. Take control of your financial future using Simply Wall St, offering free, in-depth knowledge of international markets to every investor. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include LSE:APTD LSE:GNS and LSE:KNOS. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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