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WINNERS & LOSERS SUMMARY: Unilever Up After Posting Solid Sales Growth

Thu, 18th Apr 2019 10:38

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Thursday.----------FTSE 100 - WINNERS----------Unilever, up 3.2%. The consumer goods giant said revenue dipped in the first quarter of 2019, due to the sale of its spreads business, but said it is on track to meet expectations. Moreover, Unilever also upped its quarterly dividend to EUR0.4104 per share, a 6.0% rise from its EUR0.3872 dividend for the same quarter of 2018. The Anglo-Dutch firm posted revenue of EUR12.42 billion for the three months to March 31, down 1.6% from EUR12.62 billion the year before. This was the result of the sale of its spreads business. For the quarter, underlying sales growth was 3.1%, with 1.2% attributed to volume and 1.9% to price. In 2019 as a whole, the company expects to report underlying sales growth in the lower half of its 3% to 5% range.----------FTSE 250 - WINNERS----------Moneysupermarket.com, up 9.6%. The firm reported a double-digit increase in revenue for the first quarter of the year on the back of a "strong trading performance". For the three months to March 31, the FTSE 250 price comparison website's revenue rose 19% to GBP104.9 million. Revenue in the company's Home Services division surged by 70% to GBP19.6 million, while Money and Insurance revenue rose 9% and 3% respectively to GBP25.3 million and GBP48.3 million. Looking ahead, the company expects Home Services performance to moderate through the year, after an "exceptional" quarter. The outlook for the remainder of the year is unchanged and the board is confident of meeting market expectations, Moneysupermarket said.----------Avast, up 3.3%. Avast reaffirmed guidance for 2019 following strong revenue and earnings growth in the first quarter. The cybersecurity provider said adjusted revenue in the three months to the end of March rose by 8.5% to USD209.1 million. For the first quarter, adjusted earnings before interest, taxes, depreciation, and amortization increased by 5.4% to USD117.5 million, resulting in an adjusted Ebitda margin of 55.5%. Looking ahead, Avast reaffirmed its annual outlook for high single-digit adjusted revenue growth, excluding currency impact, and a broadly flat adjusted Ebitda margin.----------FTSE 250 - LOSERS----------Hastings Group, down 4.8%. The stock went ex-dividend meaning new buyers no longer qualify for the latest dividend payout.----------Drax, down 4.8%, Vesuvius, down 4.1%, NewRiver REIT, down 3.3%, Polypipe, down 2.4%, John Laing, down 2.1%, Bodycote, down 2.4%. All went ex-dividend.----------OTHER MAIN MARKET AND AIM - WINNERS----------SimiGon, 48% higher. The firm has signed a blanket purchase agreement with the US Department of Defence's Enterprise Software Initiative. The simulation training solutions provider has agreed on pricing and processes with the US defence department for government customers to purchase SimiGon's products and services. The total potential sales amount for all selected vendors under this deal is USD238.6 million over a period of 10 years, starting form April, SimiGon said.----------MX Oil, up 40%. The firm has proposed a share consolidation and a name change. The oil & gas investing company is proposing to consolidate its ordinary share capital on the basis of 1 consolidated share for every 100 existing shares, thereby reducing the number of shares in issue to 44.7 million from 4.47 billion. Furthermore, MX Oil is proposing a resolution to shareholders to change the company's name ADM Energy PLC. The rationale for the name change follows a recent strategic investment by Shaikh Ahmed Bin Dalmook Al Maktoum. ----------Venture Life, up 13%. The firm registered double-digit revenue growth in 2018 following the acquisition of Dentyl last August. The consumer self-care company reported a pretax profit of GBP710,000 for 2018 compared to just GBP63,000 a year prior, as revenue rose 17% to GBP18.8 million from GBP16.1 million. The Brands segment, which includes the Dentyl mouthwash brand, increased revenue by 50% to GBP6.6 million from GBP4.5 million in 2017. ----------OTHER MAIN MARKET AND AIM - LOSERS----------Starcom, down 24%. The firm intends to raise GBP637,500 via a subscription of shares to pay suppliers, meet product demand, and for working capital purposes. The company will issue 51.0 million shares at 1.25 pence per share to new and existing shareholders.----------

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8 Aug 2018 09:25

Hastings To Meet Targets As Interim Profit Improves On Higher Premiums

LONDON (Alliance News) - Hastings Group Holdings PLC on Wednesday said it is on track to meet its 2019 target as profit grew sharply in the first half of 2018.The FTSE 250-listed insurer to

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8 Aug 2018 07:43

Hastings first-half profit and revenue rise

(Sharecast News) - Hastings Group posted a rise in first-half pre-tax profit on Wednesday as gross written premiums and net revenue grew despite adverse weather claims and the insurer said it remains on track to deliver on its 2019 targets.

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25 Jul 2018 13:57

Wednesday broker round-up

(Sharecast News) - Unite Group: Numis downgrades to hold with a target price of 900p.

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3 Jul 2018 17:06

LONDON MARKET CLOSE: London Gains Lag European Peers As Glencore Drags

LONDON (Alliance News) - The FTSE 100 climbed on Tuesday as it rebounded from Monday's fall, though losses for miner Glencore ensured London's blue-chip index lagged the of -

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3 Jul 2018 11:55

LONDON MARKET MIDDAY: Stocks Climb Though Glencore's Subpoena Weighs

LONDON (Alliance News) - Stocks in London on Tuesday at midday were staging a minor rebound following Monday's losses, though these gains were limited as Glencore took a hit a UK

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3 Jul 2018 10:40

WINNERS & LOSERS SUMMARY: Glencore Sinks As It Gets US DoJ Subpoena

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Tuesday.----------FTSE 100 - down 12%. The miner and commodities trader said

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3 Jul 2018 09:47

BROKER RATINGS SUMMARY: JPMorgan Cuts Hastings Group To Neutral

LONDON (Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:----------FTSE 100----------BARCLAYS RAISES PRICE TARGET TO 1750 -

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3 Jul 2018 09:01

LONDON MARKET OPEN: Stocks Stage "Half-Hearted" Rebound As Miners Drag

LONDON (Alliance News) - Stocks in London opened higher on Tuesday staging a small rebound from Monday's sharp losses as trade war fears refused to subside.The FTSE 100 index was up 0.2%, or at a

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24 May 2018 16:10

UK Dividends Calendar - Next 7 Days

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17 May 2018 16:01

UK Shareholder Meetings Calendar - Next 7 Days

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10 May 2018 15:13

Hastings Group Plans Issue Of GBP250 Million Senior Bonds (ALLISS)

LONDON (Alliance News) - FTSE 250-listed technology-focused insurance provider Hastings Group Holdings PLC said on Thursday it intends to issue up GBP250 million of investment grade senior bonds a

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26 Apr 2018 10:32

WINNERS & LOSERS SUMMARY: Taylor Wimpey Leads Housebuilders Lower

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Thursday.----------FTSE 100 - LOSERS----------Legal & a

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25 Apr 2018 17:09

Hastings Group Shifts Board Members After Non-Exec Director Leaves

LONDON (Alliance News) - Hastings Group Holdings PLC late Wednesday announced board changes following the departure of its Non-Executive Director Malcolm May.The company said that Chair of

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19 Apr 2018 16:08

UK Earnings, Trading Statements Calendar - Next 7 Days

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20 Mar 2018 11:45

Britain to put brake on whiplash injury claims from car crashes

March 20 (Reuters) - Britain plans new laws to cut the number of whiplash claims from car accidents and change the calculation of personal injury payments, a move which costs

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