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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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26 Apr 2019 07:37

LONDON MARKET PRE-OPEN: RBS Profit Slips; AstraZeneca Starts 2019 Well

LONDON (Alliance News) - Stock prices in London are set for a slightly higher open on Friday, as Royal Bank of Scotland warned Brexit could affect future growth amid a busy for IG

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26 Apr 2019 07:33

Hastings suggest better FY loss ratio as Q1 net income slips

(Sharecast News) - Insurance company Hastings said its loss ratio could move towards the higher end of its target range as first quarter revenue slipped 1% on lower premium and reinsurance income.

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24 Apr 2019 10:42

WINNERS & LOSERS SUMMARY: Centamin Glitters After Solid First Quarter

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Wednesday.----------FTSE 100 - WINNERS----------Land up

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23 Apr 2019 16:03

UK Earnings, Trading Statements Calendar - Next 7 Days

Wednesday 24 April PetropavolskFull Year ResultsBoohoo GroupFull Year HealthFull

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18 Apr 2019 12:00

LONDON MARKET MIDDAY: Stocks Down Heading Into Easter Weekend

LONDON (Alliance News) - Stocks in London were in the red midday Thursday, tracking Asian equity markets lower ahead of the long Easter weekend.The FTSE 100 index was down 0.2%, or 14.93 points, a

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12 Mar 2019 11:52

Hastings Group Non-Executive Ian Cormack To Depart In May

LONDON (Alliance News) - Hastings Group Holdings PLC on Tuesday said Non-Executive Director Ian Cormack will step down at its May 23 annual general meeting.Cormack, who joined in September

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4 Mar 2019 13:35

Monday broker round-up

(Sharecast News) - RSA Insurance Group: JP Morgan downgrades to neutral with a target price of 610p.

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28 Feb 2019 10:04

Hastings ups dividend payout guidance as profit pushes higher

(Sharecast News) - Profit and customer numbers at Hastings grew in 2018, the insurer said on Thursday, as it upgraded its dividend payout guidance.

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28 Feb 2019 09:31

Hastings Group Increases Dividend Target After Solid 2018 Performance

LONDON (Alliance News) - Insurer Hastings Group Holdings PLC on Thursday reported a "solid" set of annual results, with policies and profit both rising.Hastings' gross written

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25 Feb 2019 17:06

FMR LLC Lowers Hastings Group Holdings Stake To Below 5% (ALLISS)

LONDON (Alliance News) - Hastings Group Holdings PLC on Monday said that FMR LLC lowered its interest in the company to below 5%.Prior to Monday's deal, FMR held a 5.73% stake in shares

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21 Feb 2019 16:23

UK Earnings, Trading Statements Calendar - Next 7 Days

Friday 22 February PearsonFull Year ResultsKingspan GroupFull Year 25 Year Year Year Year

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11 Jan 2019 13:28

Friday broker round-up

(Sharecast News) - Antofagasta: Peel Hunt downgrades to add with a target price of 930p.

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11 Jan 2019 07:52

TOP NEWS: Hastings Chooses MS Amlin's John Worth To Lead Finance Team

LONDON (Alliance News) - Insurer Hastings Group Holdings PLC on Friday announced a switch up at the top of its finance operations.Chief Financial Officer Richard Hoskins, who has been with

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11 Jan 2019 07:44

LONDON MARKET PRE-OPEN: Flybe Agrees To Takeover By Stobart And Virgin

LONDON (Alliance News) - Stock prices in London are called higher Friday, with markets optimistic despite a lack of any concrete progress from trade talks between the US and China.In company news,

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