The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAGK.L Share News (AGK)

  • There is currently no data for AGK

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

WINNERS & LOSERS SUMMARY: easyJet Climbs On First-Quarter Revenue Rise

Tue, 22nd Jan 2019 10:27

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Tuesday.----------FTSE 100 - WINNERS----------easyJet, up 4.5%. The low-cost airline reaffirmed guidance for its full-year performance to be in line with market expectations, after reporting a 14% surge in first-quarter revenue. Passenger numbers were, however, held back slightly by the drone disturbances which shut London Gatwick airport for several days in December. For the three months to December 31, the budget airline's total revenue increased 14% to GBP1.30 billion from GBP1.14 billion a year prior. Passenger revenue was up 12% to GBP1.03 billion from GBP914.0 million, while ancilliary revenue increased 20% to 271.0 million from 226.0 million. The Gatwick disturbances, affecting 82,000 customers, cost easyJet GBP10 million, as 400 easyJet flights were cancelled while authorities searched for the drone owner between December 19 and 21.----------FTSE 100 - LOSERS----------BHP Group, down 1.8%. The miner reported a number of operational difficulties during its first half, though it has upgraded copper production guidance nonetheless. For the six months to December, BHP's copper output fell 1% year-on-year to 825,000 tonnes. For the second quarter, production was down 3% year-on-year but up 2% quarter-on-quarter to 416,000 tonnes. Copper output guidance for the year ending June has been increased to between 1.65 million tonnes and 1.74 million tonnes, from 1.62 million tonnes and 1.71 million tonnes before. BHP's interim iron ore production rose 2% to 119 million tonnes. Metallurgical coal production rose 2% to 21 million tonnes but energy coal fell 5% to 13 million tonnes. ----------St James's Place, down 1.4%. Credit Suisse cut its rating on the wealth manager to Neutral from Outperform.----------FTSE 250 - WINNERS----------Coats Group, up 3.4%. The thread manufacturer has sold its non-core North America Crafts business to Spinrite Acquisition for USD37.0 million. Coats Group will use the sale proceeds to reduce its net debt. The sale to the US yarn and other craft products company is subject to customary closing conditions and is expected to complete in he following weeks, Coats added. Group Chief Executive Officer Rajiv Sharma said: 'The sale of our standalone North America Crafts business allows us to focus completely on our high performing business-to-business global Apparel and Footwear, and Performance Materials businesses."----------Dixons Carphone, up 2.4%. The electronics retailer reported a good peak trading performance during the recent festive season, which it said came in line with the company's views. For the 10 weeks ended January 5, the electronics retailer posted group like-for-like revenue up 1%. Reported revenue overall was flat on the previous year. In UK & Ireland electricals, revenue was up 2% on the comparative period a year ago, both on a reported and like-for-like basis. The increase was driven by a standout performance in TV, Dixons explained, despite a challenging backdrop and a declining market. The company's UK & Ireland mobile division saw revenue drop 12% on a reported basis and 7% on a like-for-like basis. Dixons reiterated its annual pretax profit guidance of GBP300 million, which will be 21% lower than the GBP382 million reported for the year ended April 2018.----------FTSE 250 - LOSERS----------IG Group Holdings, down 6.4%. The online trading platform saw a drop in interim profit and revenue, leading to expectations of lower revenue for the full-year. For the six months to the end of November 30, pretax profit fell 17% to GBP113.0 million from GBP136 million a year before, on net trading revenue that declined 6.0% from GBP251.0 million from GBP268.4 million. During the period, the European Securities & Markets Authority regulatory measures came into effect, with the prohibition of offering binary options to retail clients, and restrictions on providing contracts-for difference to retail clients. As a result of the regulatory changes, revenue for the year ending July 31 is expected to be lower than the GBP590.2 million reported the prior year. Operating costs for the year are expected to remain at a similar level to the GBP290 million reported the year before.----------Aggreko, down 4.0%. Peel Hunt cut the temporary power unit firm to Reduce from Hold.----------OTHER MAIN MARKET AND AIM - WINNERS----------Pets at Home Group, up 8.5%. The firm, which sells products for pets and provides veterinary services, guided for its annual performance to be in line with the prior year, after reporting revenue increased during its third quarter. For the 12-week period to January 3, the retailer said group revenue rose 6.3% to GBP237.2 million from GBP223.3 million in the comparative period a year ago. The increase was 5.1% on a like-for-like basis. Retail revenue increased 5.5% to GBP213.4 million from GBP202.3 million. On a like-for-like basis it was up 4.7%. The company's Vet Group revenue was up 14% year-on-year to GBP23.8 million from GBP21.0 million. On a like-for-like basis, it increased 9.1%. ----------OTHER MAIN MARKET AND AIM - LOSERS----------Zoo Digital, down 46%. The entertainment industry digital distributor said its annual revenue is expected to be about 10% lower than expectations. Zoo Digital - which provides cloud software based subtitling, dubbing and media localisation services - expects revenue in the second half of its financial year to be comparable to the first half. In the first half of its current year, Zoo Digital reported revenue of USD14.9 million, suggesting just under USD30 million for the full year. For the year ended March last year, the company's revenue was USD28.6 million. The company said its trading in the second half began "encouragingly" but its performance was affected by the loss of a single, material localisation project in the period. On top of the that project loss, Zoo Digital said revenue from processing legacy DVD and blu-ray titles in the second half was "significantly" lower than expected due to "overall market decline".----------

More News
5 Feb 2021 09:21

UPDATE 2-Best week in 3 months for UK mid-caps as Aggreko jumps on buyout offer

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* Aggreko tops mid-caps* Insurer Beazley up after reassuring on 2021 profitability* Retailer French Connection surges on takeover talks* FTSE...

Read more
25 Jan 2021 09:37

BROKER RATINGS: Sage And Standard Chartered Both Receive Upgrades

BROKER RATINGS: Sage And Standard Chartered Both Receive Upgrades

Read more
21 Jan 2021 09:38

LONDON BROKER RATINGS SUMMARY: Jefferies Says Hold BP And Buy Shell

LONDON BROKER RATINGS SUMMARY: Jefferies Says Hold BP And Buy Shell

Read more
20 Jan 2021 10:48

Aggreko Anticipates 2020 Profit To Surpass Management Expectations

Aggreko Anticipates 2020 Profit To Surpass Management Expectations

Read more
6 Jan 2021 09:40

UK BROKER RATINGS SUMMARY: Berenberg Raises Vodafone To Buy

UK BROKER RATINGS SUMMARY: Berenberg Raises Vodafone To Buy

Read more
6 Jan 2021 08:54

Aggreko Amends Tokyo Olympics Supply Contract To Reflect Event Delay

Aggreko Amends Tokyo Olympics Supply Contract To Reflect Event Delay

Read more
6 Jan 2021 08:17

Aggreko revises Tokyo Olympics contract to $315m

(Sharecast News) - Temporary power firm Aggreko said it had agreed an increased contract with the Tokyo Olympic and Paralympic Games organising committee to reflect the delay of the event to this year.

Read more
19 Nov 2020 09:55

UK BROKER RATINGS SUMMARY: Liberum Upgrades easyJet, Davy Downgrades

UK BROKER RATINGS SUMMARY: Liberum Upgrades easyJet, Davy Downgrades

Read more
18 Nov 2020 09:37

UK BROKER RATINGS SUMMARY: UBS And Goldman Both Cut Compass To Neutral

UK BROKER RATINGS SUMMARY: UBS And Goldman Both Cut Compass To Neutral

Read more
17 Nov 2020 13:45

IN BRIEF: Aggreko Says Annual Profit To Be At Upper End Of Guidance

IN BRIEF: Aggreko Says Annual Profit To Be At Upper End Of Guidance

Read more
17 Nov 2020 10:44

UK WINNERS & LOSERS SUMMARY: Intermediate Capital Up Amid Profit Jump

UK WINNERS & LOSERS SUMMARY: Intermediate Capital Up Amid Profit Jump

Read more
17 Nov 2020 08:06

Aggreko FY profit seen at top end of guidance, sets 2021 guidance

(Sharecast News) - Aggreko said on Tuesday that full-year profit is expected to be at the upper end of its previous guidance following some recovery in most of its markets, as it set its profit guidance for 2021.

Read more
10 Nov 2020 15:42

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

Read more
2 Nov 2020 16:54

UK EXECUTIVE CHANGE SUMMARY: Kakuzi Acts To Prevent Human Rights Abuse

UK EXECUTIVE CHANGE SUMMARY: Kakuzi Acts To Prevent Human Rights Abuse

Read more
29 Oct 2020 09:55

AstraZeneca Hires Google Executive Diana Layfield As Non-Exec Director

AstraZeneca Hires Google Executive Diana Layfield As Non-Exec Director

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.