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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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11 Jan 2019 07:27

Hoskins out, John Worth in as Hastings finance chief

(Sharecast News) - Hastings Group announced on Friday that Richard Hoskins, who had been with the business since April 2015, was retiring from his position as group chief financial officer.

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13 Dec 2018 13:31

Thursday broker round-up

(Sharecast News) - Persimmon: Shore Capital Markets upgrades to buy with a target price of 2,295p.

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23 Nov 2018 17:11

LONDON MARKET CLOSE: FTSE 100 Dragged Lower By Miners And Oil Majors

LONDON (Alliance News) - The FTSE 100 ended the week lower on Friday, weighed down by miners and oil majors on falling commodities, as the pound held steady despite continued political tensions or

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23 Nov 2018 13:13

Friday broker round-up

(Sharecast News) - Kingfisher: Goldman Sachs downgrades to neutral with a target price of 270p.

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23 Nov 2018 12:23

LONDON MARKET MIDDAY: Pound Remains Firm As Brexit Tensions Linger

LONDON (Alliance News) - Share prices in London gave back all their morning-session gains to be marginally lower by midday Friday, as the pound held steady despite continued political tensions The

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23 Nov 2018 10:36

WINNERS & LOSERS SUMMARY: Flybe Up 37% On Virgin Atlantic Bid Report

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Friday.----------FTSE 100 - up 1.1%. The budget airline rose after Sky is

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23 Nov 2018 08:47

LONDON MARKET OPEN: Stocks Higher As Investors Cheer Ibstock Unit Sale

LONDON (Alliance News) - Stock prices opened broadly higher on Friday rebounding slightly from sharp losses on Thursday, while Ibstock led London midcaps after selling its US The

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30 Oct 2018 13:15

Tuesday broker round-up

(Sharecast News) - Inmarsat: Numis upgrades to hold with a target price of 430p.

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26 Oct 2018 12:16

Friday broker round-up

(Sharecast News) - Polypipe: Numis upgrades to buy with a target price of 450p.

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25 Oct 2018 17:13

LONDON MARKET CLOSE: FTSE 100 Rebounds From Fresh Lows As Fears Ease

LONDON (Alliance News) - Stocks in London ended broadly higher on Thursday with the FTSE 100 moving off fresh seven-month lows amid signs of renewed market confidence.The FTSE 100 index closed up or

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25 Oct 2018 13:11

EXTRA: Hastings Expects Loss Ratio To Rise As It Chases More Customers

LONDON (Alliance News) - Hastings Group Holdings PLC said Thursday it has delivered "another profitable" period as it chases its goal of three million customers but warned its loss ratio

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25 Oct 2018 11:31

Thursday broker round-up

(Sharecast News) - Hastings: Numis upgrades to buy with a target price of 295p.

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25 Oct 2018 10:51

WINNERS & LOSERS SUMMARY: WPP Sinks After Third Quarter Revenue Falls

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Thursday.----------FTSE 100 - up 3.9%. The Russian steelmaker reported mixed

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25 Oct 2018 09:02

TOP NEWS: Hastings Shares Drop As Annual Loss Ratio To Barely Hit Mark

LONDON (Alliance News) - Shares dropped in Hastings Group Holdings PLC on Thursday as despite its "disciplined pricing strategy", the group expects its loss ratio for 2018 to be at the a

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25 Oct 2018 07:53

Hastings posts rise in nine-month written premiums but outlook cautious

(Sharecast News) - FTSE 250 insurer Hastings Group posted a rise in nine-month gross written premiums on Thursday but struck a cautious note on the wider outlook for the market.

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