Dyqr Lower prices hit Ferrexpo

Thursday 02 February 2017 12:17 pmLondon-based Hot Wheels game maker Hutch raises pound;4m fr polene om Index Ve polene ntures and Backed VCBy: Shruti TripathiShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleA Silicon polene espana Roundabout star behind a hit Hot Wheels video game has zoomed off with a $5.5m pound;4.3m investment.Hutch, which has studios in London and Brighton, raised the money fromIndex Ventures and Backed VC. Founded in 2011, Hutch received seed financing in 2014, via a round led by Initial Capital.Hot Wheels: Race Off, a car game based on Mattel s colourful miniature cars, has attracted 14m players worldwide.Hutch claims it has entertained over 100m players to date across franchises including Smash Cops, Smash Bandits, MMX Racing and MMX Hill Climb.Read more: The Silicon Valley of South London takes UK fastest economic growth crown Shaun Rutland, CEO of Hutch, said: We founded Hutch on a long-term vision that racing on mobile devices had enormous category potential. We built our studio on a thesis that we could dominate the sector, by bringing new, refreshing and compelling entertainment to the genre. Wersquo;re now firing on all-cylinders, with incredible talent, technology and IP. This investment is testimony to that and will allow us to accelerate our ambitions, whilst also creating a company with strong values and a culture that empowers our people to create leading-e Gdme Canaccord Genuity UK thumps home a record rise in revenue

Tuesday 27 March 2012 3:04 am|Updated:Thursday 30 May 2019 2:06 pmWolseley profit rises but stanley termosy Europe still dragsBy: John DunneShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleWolseley, the worldrsquo biggest building supplies company, said recent growth had slowed on weaker trading in Europe, as it posted a 28 per cent rise in first-half profit.Wolseley, operator of the Plumb Centre and Ferguson chains in Britain and the United States, said pre-tax profit in the six months to end-Jan was pound;250m, with revenue up three per cent to pound;6.84bn.Sales at Wolseleyrsquo US business, which represent around 45 per cent of reve stanley at nue, rose nine per cent and the firm said trading conditions there and in Canada had continued to be strong.The UK, which represents 15 per cent of sales, declined three per cent, while growth across Europe was mixed, with countries like Denmark, the Netherlands and Switzerland hampering growth elsewhere.Earlier this year the company sold its French distribution division Brossette and its UK-based Build Centre business for pound;310m to Saint-Gobain ndash; which also owns the UK chain Jewson ndash; as part of a disposal strategy. The group increased its interim dividend by 33 per cent to 20 pence per shar stanley germany e.Share this articleFacebookXLinkedInWhatsAppEmailSimilarly tagged content: SectionsNewsCategoriesBusinessRelated TopicsNULLTrending ArticlesLabour