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WINNERS & LOSERS SUMMARY: Indivior Hits Record Low On US Indictment

Wed, 10th Apr 2019 11:01

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Wednesday.----------FTSE 100 - WINNERS----------Tesco, up 0.8%. The supermarket chain reported 28% jump in its annual profit, outperforming analysts' expectations, driven by a good sales performance in its core UK & Ireland market. For the year ended February 24, Tesco posted pretax profit of GBP1.67 billion, up from GBP1.30 billion a year ago. Revenue rose 11% year-on-year to GBP63.91 billion from GBP57.49 billion, slightly lagging consensus. Group sales excluding fuels were up 12% to GBP56.88 billion, while on a like-for-like basis sales rose 1.4%. According to company-compiled analyst consensus, pretax profit was expected to rise 22% to GBP1.58 billion, while revenue was forecast 12% higher year-on-year at GBP64.52 billion. Like-for-like sales in the UK & Ireland, Tesco's core market, were up 2.9% in the year, driven by an excellent performance of wholesaler Booker Group, up 11%. Tesco proposed a final dividend of 4.10 pence per share, taking the total payout for the year to 5.77p compared with 3.0p a year ago.----------FTSE 100 - LOSERS----------Halma, down 0.7%. Exane BNP cut the safety and environmental technology company to Neutral from Outperform.Unilever, down 0.6%. Barclays started coverage on the consumer goods giant with an Underweight rating. ----------FTSE 250 - WINNERS----------PageGroup, up 2.5%. The recruiter reported growth across all its regions in the first quarter of the year with gross profit up 12%. The FTSE 250 company reported gross profit of GBP208.8 million for the three months to March-end, up from GBP187.8 million in the comparative period a year ago. The company achieved growth in all regions with the Americas up 21%, Asia Pacific 15%, Europe Middle East and Africa up 11% and UK 1.7%. Looking ahead, the company expects to deliver 2019 operating profit in line with consensus. Currently, the market expects an operating profit of GBP160.4 million for the year.Dunelm Group, up 2.3%. The home furnishings retailer could beat the market's profit expectations for its current financial year, it said. After strong first quarter revenue growth, and despite political and economic troubles in the UK, Dunelm expects to beat consensus for pretax profit for its year ending June of between GBP115.6 million and GBP118.5 million. In its previous financial year, Dunelm reported pretax profit of GBP93.1 million, up 0.8% year-on-year, meaning it and the market both expect a strong acceleration in growth. For the third quarter, ended March, Dunelm's total revenue rose 6.1% to GBP284.5 million, with like-for-like sales rising 13%. ----------FTSE 250 - LOSERS----------Indivior, down 74%. The drugmaker's shares fell to a record low of 26.36 pence after a grand jury in the Western District of Virginia issued an indictment of 28 felony counts against the company related to fraud. The felonies, issued in connection with a federal criminal investigation initiated by the US Department of Justice in 2013, include one count of conspiracy to commit mail, wire and health care fraud; one count of health care fraud; four counts of mail fraud; and 22 counts of wire fraud. The allegations are based on actions that occurred "almost exclusively" prior to Indivior becoming an independent company following its demerger from Reckitt Benckiser PLC at the end of 2014. The DoJ has demanded at least USD3 billion in fines against Indivior, according to the indictment. Indivior said it believes the claims are "unsupported by the facts and the law", and it will contest the allegations. Reckitt Benckiser shares were down 6.7%, the worst performer in the FTSE 100.Stagecoach Group, down 5.0%. The transport operator has been disqualified from applying from all three current UK rail franchise competitions, it said. The reason, Stagecoach said, is because it submitted non-compliant bids related to pension risks. Shares in Stagecoach were down 6.4% in morning trade at 124.80 pence each. The three franchises are East Midlands, South Eastern, and West Coast Partnership. It had applied for East Midlands independently, South Eastern alongside planned partner Alstom, and West Coast alongside Virgin Group and French firm SNCF. Stagecoach said without government support for the long-term funding of railway pensions, a further GBP5 billion to GBP6 billion would be needed to plug the gap. However, the railway industry's solution would add a further GBP500 million to GBP600 million, Stagecoach continued, providing "better stability". The company said it is "shocked" the government has rejected this for what it terms a higher risk approach.McCarthy & Stone, down 2.5%. The retirement housebuilder reported a steep decline in interim profit on Wednesday, despite strong revenue growth. McCarthy & Stone's pretax profit for the six months ended February 28 was GBP3.6 million, down 66%, due to GBP14 million of exceptional costs related to restructuring and redundancies. Excluding this, underlying pretax profit was up 64% to GBP18.9 million. The FTSE 250 firm's revenue came in at GBP280.5 million, up 17% year-on-year, with legal completions 11% higher at 845. McCarthy & Stone has held its interim return to shareholders flat at 1.9 pence per share. As of April 5, McCarthy & Stone's order book was GBP485 million, down 17% year-on-year, with higher quality reservations now being held "due to improved controls".----------OTHER MAIN MARKET AND AIM - WINNERS----------ASOS, up 14%. The online fashion retailer said UK sales outperformed in a highly competitive retail market, despite a significant profit drop for the first half of its financial year. For the six months to February 28, the online fashion retailer posted pretax profit of GBP4.0 million, 87% lower than the comparative period a year ago at GBP29.9 million. This was due to GBP24 million of temporary transition costs, the retailer explained. At group level, revenue rose 14% to GBP1.31 billion from GBP1.15 billion a year ago, driven by a 13% jump in retail sales. In the UK, the retailer's home market, retail sales increased 16% to GBP481.5 million from GBP414.5 million a year ago. Order growth in the county was 20% from a 4% increase in traffic, while active customer growth rose 13% year on year. "The important point from today's announcement is that life hasn't got any worse with ASOS maintaining its 2019 earnings and spending guidance. That will come as a relief to the market," said AJ Bell's Russ Mould. ----------

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LONDON BRIEFING: Clarkson backs outlook; Card Factory upbeat

(Alliance News) - Stocks in London are expected to open lower on Monday, with markets seeing little reason to head higher in a quiet start to the week.

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7 Aug 2023 07:16

PageGroup profits tumble amid global uncertainty

(Sharecast News) - Recruitment specialist PageGroup reported a 5.8% rise in revenue in its first half on Monday, reaching £1.03bn, although it saw a dip in several profitability metrics.

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31 Jul 2023 15:44

UK earnings, trading statements calendar - next 7 days

Tuesday 1 August 
BP PLCHalf Year Results
Coats Group PLCHalf Year Results
Diageo PLCFull Year Results
Domino's Pizza Group PLCHalf Year Results
Filtronic PLCFull Year Results
Fresnillo PLCHalf Year Results
Greggs PLCHalf Year Results
HSBC Holdings PLCHalf Year Results
International Personal Finance PLCHalf Year Results
James Halstead PLCTrading Statement
Keller Group PLCHalf Year Results
Man Group PLCHalf Year Results
Metro Bank PLCHalf Year Results
NWF Group PLCFull Year Results
Robert Walters PLCHalf Year Results
Staffline Group PLCHalf Year Results
System1 Group PLCFull Year Results
Travis Perkins PLCHalf Year Results
Virgin Wines UK PLCTrading Statement
Weir Group PLCHalf Year Results
XP Power LtdHalf Year Results
Wednesday 2 August 
BAE Systems PLCHalf Year Results
ConvaTec Group PLCHalf Year Results
Direct Line Insurance Group PLCHalf Year Results
Endeavour Mining PLCHalf Year Results
Ferrexpo PLCHalf Year Results
Haleon PLCHalf Year Results
Genel Energy PLCHalf Year Results
Ibstock PLCHalf Year Results
IP Group PLCHalf Year Results
Kerry Group PLCHalf Year Results
Permanent TSB Group Holdings PLCHalf Year Results
Smurfit Kappa Group PLCHalf Year Results
Spirent Communications PLCHalf Year Results
Taylor Wimpey PLCHalf Year Results
Virgin Money UK PLCTrading Statement
Thursday 3 August 
Coca-Cola Europacific Partners PLCHalf Year Results
Helios Towers PLCHalf Year Results
Hikma Pharmaceuticals PLCHalf Year Results
Irish Residential Properties REIT PLCHalf Year Results
London Stock Exchange Group PLCHalf Year Results
Mears Group PLCHalf Year Results
Mondi PLCHalf Year Results
Morgan Sindall Group PLCHalf Year Results
Next PLCTrading Statement
Omega Diagnostics Group PLCFull Year Results
Pantheon International PLCFull Year Results
Pets At Home Group PLCTrading Statement
Rolls-Royce Holdings PLCHalf Year Results
ScS Group PLCTrading Statement
Serco Group PLCHalf Year Results
Shaftesbury Capital PLCHalf Year Results
Smith & Nephew PLCHalf Year Results
Tritax Big Box REIT PLCHalf Year Results
TT Electronics PLCHalf Year Results
Walker Crips Group PLCFull Year Results
Wizz Air Holdings PLCQ1 Results
Friday 4 August 
Capita PLCHalf Year Results
Renewables Infrastructure Group LtdHalf Year Results
WPP PLCHalf Year Results
Monday 7 August 
HydrogenOne Capital Growth PLCTrading Statement
Kosmos Energy LtdHalf Year Results
PageGroup PLCHalf Year Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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28 Jul 2023 09:46

LONDON BROKER RATINGS: KBW cuts Aviva 'market perform'

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

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28 Jul 2023 07:54

LONDON BRIEFING: NatWest posts interim growth; IAG swings to profit

(Alliance News) - Stocks in London are called slightly lower on Friday, with investors having plenty to consider amid the week's swathe of corporate earnings and central bank decisions.

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13 Jul 2023 08:31

British recruiters hit by slow hiring, reluctance to switch jobs

Hays quarterly fees down 2%

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12 Jul 2023 08:24

PageGroup quarterly gross profit down amid weak China, US performance

(Alliance News) - PageGroup PLC on Wednesday reported a lower second quarter gross profit as performance in permanent recruitment declined.

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12 Jul 2023 07:45

PageGroup Q2 profit declines amid 'challenging' conditions

(Sharecast News) - PageGroup posted a decline in second-quarter profit on Wednesday amid ongoing challenging trading conditions.

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6 Jul 2023 10:36

Recruiter Robert Walters sees fees drop on staff shortages, waning tech demand

July 6 (Reuters) - Low employer confidence and significant candidate shortages in the UK, coupled with waning demand for tech specialists, squeezed British recruiter Robert Walters in the second quarter, sending its quarterly net fees down 10%.

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5 Jul 2023 15:43

UK earnings, trading statements calendar - next 7 days

Thursday 6 July 
Currys PLCFull Year Results
Equals Group PLCTrading Statement
Ferrexpo PLCTrading Statement
Jet2 PLCFull Year Results
Naked Wines PLCFull Year Results
PayPoint PLCFull Year Results
Robert Walters PLCTrading Statement
Victrex PLCTrading Statement
Workspace Group PLCTrading Statement
Friday 7 July 
MJ Gleeson PLCTrading Statement
Monday 10 July 
Crushmetric Group LtdFull Year Results
Eco Animal Health Group PLCFull Year Results
Tuesday 11 July 
Begbies Traynor Group PLCFull Year Results
D4t4 Solutions PLCFull Year Results
Dechra Pharmaceuticals PLCTrading Statement
Galliford Try Holdings PLCTrading Statement
Pittards PLCFull Year Results
Sosandar PLCFull Year Results
Synectics PLCHalf Year Results
Trifast PLCFull Year Results
Velocity Composites PLCHalf Year Results
Wednesday 12 July 
Atalaya Mining PLCHalf Year Results
Carclo PLCFull Year Results
Grafton Group PLCTrading Statement
Loungers PLCFull Year Results
JD Wetherspoon PLCTrading Statement
ME Group International PLCHalf Year Results
PageGroup PLCTrading Statement
Renold PLCFull Year Results
Ten Entertainment Group PLCTrading Statement
Tharisa PLCTrading Statement
Tullow Oil PLCTrading Statement
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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12 Jun 2023 15:52

UK dividends calendar - next 7 days

Tuesday 13 June 
Bank of Ireland Group PLCdividend payment date
Hiscox Ltddividend payment date
JPMorgan Claverhouse Investment Trust PLCdividend payment date
Ten Entertainment Group PLCdividend payment date
Wednesday 14 June 
no events scheduled 
Thursday 15 June 
AVI Global Trust PLCex-dividend payment date
Blackrock Energy & Resources Income Trust PLCex-dividend payment date
Blackrock Frontiers Investment Trust PLCex-dividend payment date
Brunner Investment Trust PLCex-dividend payment date
Camellia PLCex-dividend payment date
Computacenter PLCex-dividend payment date
CT Property Trust Ltdex-dividend payment date
Digital 9 Infrastructure PLCex-dividend payment date
Ecora Resources PLCex-dividend payment date
EMIS Group PLCex-dividend payment date
Ferguson PLCex-dividend payment date
Fidelity China Special Situations PLCex-dividend payment date
Forterra PLCex-dividend payment date
Henderson High Income Trust PLCex-dividend payment date
Impax Asset Management Group PLCex-dividend payment date
Intermediate Capital Group PLCex-dividend payment date
Intertek Group PLCdividend payment date
Land Securities Group PLCex-dividend payment date
LXi REIT PLCex-dividend payment date
Murray Income Trust PLCdividend payment date
NewRiver REIT PLCex-dividend payment date
Pets At Home Group PLCex-dividend payment date
Pharos Energy PLCex-dividend payment date
Residential Secure Income PLCex-dividend payment date
RS Group PLCex-dividend payment date
S&U PLCex-dividend payment date
Schroder Real Estate Investment Trust Ltdex-dividend payment date
SDCL Energy Efficiency Income Trust PLCex-dividend payment date
STS Global Income & Growth Trust PLCex-dividend payment date
ThomasLloyd Energy Impact Trust PLCex-dividend payment date
Unilever PLCdividend payment date
Warehouse REIT PLCex-dividend payment date
XP Power Ltdex-dividend payment date
Friday 16 June 
Andrews Sykes Group PLCdividend payment date
Aptitude Software Group PLCdividend payment date
Burford Capital Ltddividend payment date
FRP Advisory Group PLCdividend payment date
Lookers PLCdividend payment date
Midwich Group PLCdividend payment date
MP Evans Group PLCdividend payment date
Pershing Square Holdings Ltddividend payment date
Petershill Partners PLCdividend payment date
Town Centre Securities PLCdividend payment date
Monday 19 June 
BlackRock Greater Europe Investment Trust PLCdividend payment date
Carr's Group PLCdividend payment date
Inchcape PLCdividend payment date
PageGroup PLCdividend payment date
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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12 Jun 2023 14:34

Liberum says low level of UK unemployment may weigh on Staffline

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12 Jun 2023 09:19

LONDON BROKER RATINGS: Goldman Sachs cuts Great Portland to 'sell'

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25 May 2023 15:48

UK shareholder meetings calendar - next 7 days

Friday 26 May 
AG Barr PLCAGM
Argos Resources LtdGM re disposal and cancellation
Bank of Cyprus Holdings PLCAGM
Fox Marble Holdings PLCGM re admission on AIM and acquisition of Eco Buildings Group Ltd
Glencore PLCAGM
Itsarm PLCGM re delisting from AIM
Keywords Studios PLCAGM
Let's Explore Group PLCGM re proposed tender offer to purchase shares
NFT Investments PLCGM re shares purchase
Non-Standard Finance PLCAGM
Old Mutual LtdAGM
Solgenics LtdGM re cancellation from admission to trading on AIM
ThomasLloyd Energy Impact Trust PLCAGM
Unbound Group PLCAGM
XLMedia PLCAGM
Monday 29 May 
no events scheduled 
Tuesday 30 May 
Alba Mineral Resources PLCAGM
Aseana Properties LtdAGM
Aseana Properties LtdGM re discontinuation resolution
BioPharma Credit PLCAGM
Gresham House Energy Storage Fund PLCAGM
Integrated Diagnostics Holdings PLCAGM
Maintel Holdings PLCAGM
Malvern International PLCAGM
Manx Financial Group PLCAGM
Sportech PLCAGM
Superdry PLCGM re disposal of some IP assets
Watchstone Group PLCAGM
Wednesday 31 May 
Advanced Medical Solutions Group PLCAGM
Aferian PLCAGM
Bakkavor Group PLCAGM
CleanTech Lithium PLCAGM
Dianomi PLCAGM
DigitalBox PLCAGM
Emmerson PLCAGM
International Public Partnerships LtdAGM
Predator Oil & Gas Holdings PLCAGM
Rotala PLCAGM
Thungela Resources LtdAGM
TruSpine Technologies PLCGM re director appointment and removal
Thursday 1 June 
Northcoders Group PLCAGM
PageGroup PLCAGM
Rurelec PLCGM re Argentinian interest sale to Verafont, Basic Energy, & Esteban Reynal
Tanfield Group PLCAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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11 May 2023 15:44

UK dividends calendar - next 7 days

Friday 12 May 
Antofagasta PLCdividend payment date
Carr's Group PLCdividend payment date
Franchise Brands PLCdividend payment date
Hunting PLCdividend payment date
Ibstock PLCdividend payment date
IMI PLCdividend payment date
Johnson Service Group PLCdividend payment date
Me Group International PLCdividend payment date
Mondi PLCdividend payment date
Taylor Wimpey PLCdividend payment date
Monday 15 May 
National Express Group PLCdividend payment date
Old Mutual Ltddividend payment date
Prudential PLCdividend payment date
Tuesday 16 May 
abrdn PLCdividend payment date
BlackRock Latin American Investment Trust PLCdividend payment date
Cairn Homes PLCdividend payment date
FBD Holdings PLCdividend payment date
Fidelity European Trust PLCdividend payment date
InterContinental Hotels Group PLCdividend payment date
Uniphar PLCdividend payment date
Wednesday 17 May 
Just Group PLCspecial dividend payment date
OSB Group PLCdividend payment date
OSB Group PLCspecial dividend payment date
Rentokil Initial PLCdividend payment date
Smith & Nephew PLCdividend payment date
Smiths Group PLCdividend payment date
Thursday 18 May 
Advanced Medical Solutions Group PLCex-dividend payment date
Aviva PLCdividend payment date
Balfour Beatty PLCex-dividend payment date
Barratt Developments PLCdividend payment date
BlackRock Greater Europe Investment Trust PLCex-dividend payment date
BlackRock Smaller Companies Trust PLCex-dividend payment date
Bunzl PLCex-dividend payment date
Civitas Social Housing PLCex-dividend payment date
Ecofin US Renewables Infrastructure Trust PLCex-dividend payment date
Essentra PLCex-dividend payment date
FRP Advisory Group PLCex-dividend payment date
Henderson Opportunities Trust PLCex-dividend payment date
Irish Continental Group PLCex-dividend payment date
Morgan Sindall Group PLCdividend payment date
Murray Income Trust PLCex-dividend payment date
NextEnergy Solar Fund Ltdex-dividend payment date
Numis Corp PLCex-dividend payment date
Octopus Renewables Infrastructure Trust PLCex-dividend payment date
PageGroup PLCex-dividend payment date
Pershing Square Holdings Ltdex-dividend payment date
Personal Group Holdings PLCdividend payment date
Shell PLCex-dividend payment date
Spectris PLCex-dividend payment date
Town Centre Securities PLCex-dividend payment date
Travis Perkins PLCex-dividend payment date
UK Commercial Property REIT Ltdex-dividend payment date
Unilever PLCex-dividend payment date
Virgin Money UK PLCex-dividend payment date
Witan Investment Trust PLCex-dividend payment date
  
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