Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksELTA.L Share News (ELTA)

  • There is currently no data for ELTA

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

FTSE 250 movers: Halfords leads the peloton

Thu, 21st Jan 2016 15:41

(ShareCast News) - The FTSE 250 was in the black mid-afternoon Thursday, up 164.74 points (1.05%) to 15,805.75.Halfords pedalled to the front of the peloton after it said group like-for-like sales rose 0.3% in the third quarter with the company reporting that full year pre-tax profit expectations would be unchanged.The car parts and bikes retailer added that full year retail gross margins would fall to -25 to -75 basis points, but that full year retail operating cost growth to be in the range of +1.0 - 2.0% against previous guidance of +2.5 - 3.5%. Group pre-tax profits were expected to be in the range of £78m-£82m. For the quarter, retail like-for-like sales were flat, while at the Autocentres division they rose 1.9%. In cycling, growth in sales of bikes and cycle repair more than offset a small decline in parts, accessories and clothing, while in motoring, car maintenance sales were impacted by the warm weather, partially offset by a strong performance in sales of wiper blades and bulbs, and continued growth in fitting services.Shares in specialist clothing retailer N Brown rocketed as it posted a jump in third quarter revenue and said it was on track to meet full year expectations. In the 18 week period to 2 January 2016, group revenue rose 4.1%, with like-for-like sales also up 4.1% and the online business performing particularly well.Online penetration increased 5 percentage points year-on-year to 66%, with total online sales up 13%. Meanwhile, 75% of new customer demand was generated online during the period, which is an increase of 7 percentage points.It was a slightly different picture for high street stores, however, which saw flat sales on a like-for-like basis and in year -on-year terms. The company said its 'power brands' - JD Williams, Simply Be and Jacamo - all performed well, with double-digit growth in the period. The Simply Be brand saw strong growth in the US, with year-on-year turnover growth of 20% at constant-currency.Tanzania-focused Acacia Mining also had a good day after it said gold production edged up in 2015 and announced plans to raise guidance for this year following the ramp-up of the flagship Bulyanhulu mine.Gold output was 2% higher on the year at 731,912 ounces, which the company attributed in part to the ramp-up at Bulyanhulu in the last three months of the year. For the fourth quarter, gold production was up 11% from the same period a year ago to 200,723 ounces as output at Bulyanhulu increased and thanks to improved grades and recoveries at North Mara.Electra Private Equity was the second-tier market's biggest faller after it went ex-dividend today, paying 78p per share. In October the investment firm posted results showing it increased its net profit by 78% to £332m for the year and posted a net asset value return of 25%. It reported the diluted net asset value per share was 3,914p, equating to a total return of 25%. The company had £188m invested in the year, with £259m realised and a total portfolio return of £429m - 34% on the opening portfolio - and had a total investment portfolio of £1.63bn.FTSE 250 - RisersHalfords Group (HFD) 361.80p 11.32%Brown (N.) Group (BWNG) 307.40p 9.40%Acacia Mining (ACA) 175.60p 8.53%OneSavings Bank (OSB) 307.50p 8.27%Tullow Oil (TLW) 127.30p 7.70%Amec Foster Wheeler (AMFW) 372.50p 7.69%Evraz (EVR) 63.85p 7.22%Ocado Group (OCDO) 282.60p 6.64%Countrywide (CWD) 350.50p 5.60%Drax Group (DRX) 220.50p 5.45%FTSE 250 - FallersElectra Private Equity (ELTA) 3,400.00p -5.05%IP Group (IPO) 170.80p -3.88%Home Retail Group (HOME) 134.70p -3.79%Just Eat (JE.) 404.80p -3.27%P2P Global Investments (P2P) 930.00p -3.02%Clarkson (CKN) 2,006.00p -2.86%P2P Global Investments C (P2P2) 930.00p -2.52%PZ Cussons (PZC) 263.60p -2.51%IG Group Holdings (IGG) 711.00p -2.40%Rightmove (RMV) 3,724.00p -2.18%
More News
29 Jul 2020 16:45

UK DIRECTOR DEALINGS SUMMARY: CentralNic Non-Exec Sells 800,000 Shares

UK DIRECTOR DEALINGS SUMMARY: CentralNic Non-Exec Sells 800,000 Shares

Read more
29 Jul 2020 15:05

Electra Strengthens Its Portfolio Businesses With Covid-19 Measures

Electra Strengthens Its Portfolio Businesses With Covid-19 Measures

Read more
26 May 2020 09:48

UK BROKER RATINGS SUMMARY: Goldman Cuts Ascential To Neutral From Buy

UK BROKER RATINGS SUMMARY: Goldman Cuts Ascential To Neutral From Buy

Read more
22 May 2020 10:01

UK BROKER RATINGS SUMMARY: Exane Rates Barclays, StanChart At Neutral

UK BROKER RATINGS SUMMARY: Exane Rates Barclays, StanChart At Neutral

Read more
14 May 2020 16:27

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

Read more
20 Mar 2020 11:07

Electra Private Expects UK's Covid-19 Measures To Hurt Trading

Electra Private Expects UK's Covid-19 Measures To Hurt Trading

Read more
2 Mar 2020 18:11

DIRECTOR DEALINGS SUMMARY: Jupiter Fund Executives Buy Shares

DIRECTOR DEALINGS SUMMARY: Jupiter Fund Executives Buy Shares

Read more
19 Feb 2020 16:15

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

Read more
18 Dec 2019 09:39

UK BROKER RATINGS SUMMARY: Deutsche Bank Cuts Property Firms To Hold

UK BROKER RATINGS SUMMARY: Deutsche Bank Cuts Property Firms To Hold

Read more
12 Dec 2019 10:31

Electra Private Equity Offers Special Dividend As Wind Down Continues

Electra Private Equity Offers Special Dividend As Wind Down Continues

Read more
4 Dec 2019 16:02

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

Read more
22 Oct 2019 08:49

Synthomer Believes Chair Right Man For Job Despite Shareholder Worries

Synthomer Believes Chair Right Man For Job Despite Shareholder Worries

Read more
4 Oct 2019 07:57

Electra Private Equity Finance Boss Manson Takes Additional COO Role

Electra Private Equity Finance Boss Manson Takes Additional COO Role

Read more
20 Aug 2019 12:37

Sherborne Investors' Electra, Barclays Vehicles See Mixed Performance

(Alliance News) - Sherborne Investors (Guernsey) B Ltd on Tuesday reported a slight rise in net asset value over the first half but Sherborne Investors (Guernsey) C Ltd saw a sharp fall in funds B

Read more
18 Jul 2019 10:14

Corporate Raider Edward Bramson Leaves Board Of Electra Private Equity

(Alliance News) - Investment trust Electra Private Equity PLC said on Thursday that controversial former chief executive Edward Bramson has left the company's board, with Stephen Welker was to

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.