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FTSE 250 movers: Supergroup soars on full-year confidence, Aveva higher on takeover rumours

Wed, 06th May 2015 13:25

Supergroup topped the risers after it claimed it was confident to meet its full-year guidance, on the back of an increase in sales in the fourth quarter. The fashion retailer reported a strong performance in its retail division, following "clearance activity" in the previous quarter, while it expected margins in the fourth quarter to have improved slightly.Wetherspoon was making gains despite like-for-like sales growth slowing in the third quarter, as increased breakfast promotions watered down margins. The pub chain said it remains on track to open around 30 more pubs this year.Ophir Energy was boosted by the decision to move ahead with investments at its Fortuna LNG project offshore Equitorial Guinea. Golar will build, operate and maintain Ophir's floating liquefaction and storage vessel and facilities.Shares in Aveva continued to rise as City rumours about a potential US takeover bubbled to the surface after almost a year lying dormant.Greene King was in the red after N+1 Singer cut its recommendation on the stock from 'buy' to 'hold', after a "soft trading update" from the pubs group on Tuesday.RisersSupergroup (SGP) 1,079.00p +8.22%Aveva Group (AVV) 1,886.00p +7.77%Evraz (EVR) 205.40p +5.66%Ocado Group (OCDO) 374.30p +5.23%Soco International (SIA) 198.80p +4.58%Millennium & Copthorne Hotels (MLC) 608.00p +4.56%Marston's (MARS) 170.00p +4.04%Ted Baker (TED) 2,974.00p +3.99%Wetherspoon (J.D.) (JDW) 761.50p +3.46%Premier Oil (PMO) 185.60p +3.46%FallersDiploma (DPLM) 739.00p -9.44%Genus (GNS) 1,265.00p -8.60%Man Group (EMG) 172.30p -6.10%AL Noor Hospitals Group (ANH) 856.00p -5.10%Brown (N.) Group (BWNG) 320.00p -4.48%PayPoint (PAY) 808.00p -4.27%AO World (AO.) 172.50p -4.17%Centamin (DI) (CEY) 61.75p -4.04%Kaz Minerals (KAZ) 258.80p -4.01%Allied Minds (ALM) 620.00p -3.50%
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6 May 2015 09:52

LONDON MARKET COMMENT: Stocks Buoyed By Strong Eurozone, UK PMIs

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6 May 2015 08:44

Supergroup confident of meeting annual expectations as quarterly sales jump

Fashion retailer Supergroup said it was confident to meet its full-year guidance, on the back of an increase in sales in the fourth quarter. In the 15 weeks to 25 April, revenue rose 18.4% year-on-year to £134.8m, while revenue for the full-year climbed 12.5% to £484.7m. FTSE 250-listed Supergroup

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6 May 2015 07:36

LONDON MORNING BRIEFING: Imperial Tobacco Leads Firm Open

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6 May 2015 07:14

BUZZ-SuperGroup: strong Q4 sales lift shares to 2.5-mth high

** SuperGroup at 2.5-mth highs & biggest one-day rise in more than a mth ** Posts Q4 LfL sales up 11.6 pct, reiterates FY profit guidance ** Stock, up 5.7 pct, easily the top FTSE 250 riser & 2nd-most actively traded on the index, with a third of 90-day daily avg volume having gone th

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6 May 2015 07:08

British fashion retailer SuperGroup continues sales growth

LONDON, May 6 (Reuters) - SuperGroup, the British company behind the Superdry fashion brand, posted another strong sales rise in its fourth quarter and reiterated guidance on full-year profit. The company, whose trademark jackets, hooded tops, check shirts and jogging bottoms are popular wi

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6 May 2015 06:38

LONDON MARKET COMMENT: Stocks Seen Flat; China Service Sector Expands

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6 May 2015 06:29

SuperGroup Sales Grow In Final Quarter, Annual Profit As Expected

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6 May 2015 05:58

LONDON MARKET COMMENT: Stocks Set To Rebound From Tuesday's Losses

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LONDON MARKET CLOSE: Stocks Fall As Oil Prices Surge On Libya Worries

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LONDON MIDDAY BRIEFING: HSBC Beats Consensus But Shares Knocked Back

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