The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSpire Healthcare Share News (SPI)

Share Price Information for Spire Healthcare (SPI)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 248.00
Bid: 247.50
Ask: 248.00
Change: 2.50 (1.02%)
Spread: 0.50 (0.202%)
Open: 247.00
High: 248.00
Low: 247.00
Prev. Close: 245.50
SPI Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

WINNERS & LOSERS SUMMARY: Jardine Lloyd Thompson Jumps 31% On Takeover

Tue, 18th Sep 2018 10:53

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Tuesday.----------FTSE 100 - WINNERS----------Ocado, up 4.4%. The online grocer reported a rise in revenue for the third quarter, boosted by increased capacity with two new robotic warehouses. For the 13 weeks to September 2, the FTSE 100 constituent said retail revenue increased 12% to GBP348.6 million from GBP312.7 million a year ago. "The new capacity from Andover and Erith, our robotic third and fourth warehouses, is helping meet consumer demand for our services and drive the channel shift which is transforming grocery retailing in the UK," Chief Executive Officer Tim Steiner said. The Erith Customer Fulfilment Centre opened this summer "on time and budget", Steiner added. Average orders per week jumped 11% to 283,000 compared to 254,000 a year ago, with the average customer spending GBP106.26 per order, flat on last year. ----------Fresnillo, up 3.5%. RBC added the gold miner to one of its Top Picks.----------Centrica, up 2.7%. Goldman Sachs raised its rating on the British Gas parent to Buy from Neutral.----------FTSE 100 - LOSERS----------British American Tobacco, down 2.1% and Imperial Brands, down 1.1%. Morgan Stanley re-initiated BAT with an Equal Weight rating and Imperial at Underweight.----------J Sainsbury, down 1.2%. The latest market share data from Kantar Worldpanel showed Sainsbury's increased sales over the the 12 weeks to September 9 at its fastest rate since January, up 1.6% on a year before, though its market share dipped to 15.4% from 15.8%. Rival Tesco saw its local Express stores perform "especially well", helping to boost total sales by 1.9%. However, Tesco still also shed market share, down 0.5 of a percentage point to 27.4%. German discounter Aldi was the fastest growing supermarket in the period, with sales up 14% on year and market share up 0.6 of a percentage point to 7.6%. Aldi's discount rival Lidl also "outpaced the market", with sales up 8.3%. Its market share reached 5.5% from 5.3% a year ago. Tesco was up 0.6%.----------easyJet, down 0.8%. Berenberg started the low-cost airline with a Sell rating.----------FTSE 250 - WINNERS----------Jardine Lloyd Thompson, up 31% at 1,876.00 pence. The company - which provides insurance, reinsurance and employee benefits-related advice - has has agreed to be taken over by MMC Treasury Holdings (UK) for GBP4.3 billion in cash. MMC Treasury Holdings (UK) is a wholly-owned subsidiary of New York-headquartered professional services firm Marsh & McLennan Cos. Under the offer, Jardine Lloyd Thompson shareholders will receive 1,915.00 pence in cash. This represents a 34% premium to the FTSE 250 constituent's closing price of 1,432.00p on Monday. So far, Marsh & McLennan and MMC Treasury Holdings have received hard irrevocable undertakings in respect of 40.5% of Jardine Lloyd Thompson shares. The deal is currently expected to close "during Spring 2019", subject to receipt of the relevant competition clearances and regulatory approvals.----------Wizz Air, up 3.8%. Berenberg started the low-cost, central and eastern Europe-focused airline with a Buy recommendation.----------BBA Aviation, up 3.2%. The aviation support and aftermarket services provider has acquired US based Firstmark Corp, an aerospace focused aftermarket service provider, for USD97 million. Firstmark will become part of the company's aftermarket services business, Ontic. The acquisition is expected to expand Ontic's US footprint to the US east coast and exposure to the commercial and military aerospace markets. Firstmark provides engineered, proprietary components and subsystems for the aerospace and defence industries. It employs over 70 people and has locations in Creedmoor, North Carolina, and Plainview, New York.----------FTSE 250 - LOSERS----------Spire Healthcare, down 4.3%. For the first half of 2018, the private hospital operator said pretax profit dropped to GBP5.1 million, down sharply on GBP12.1 million the year before, on revenue that fell by 1.1% to GBP475.6 million from GBP481.0 million. The profit drop was due to lower in-patient and day case admissions, which dropped by 4.1% to 133,700 cases from 139,400, as well as a change in the admissions mix, with less orthopaedic work and more oncology. Looking ahead, Spire expects earnings before interest, taxes, depreciation and amortisation for 2018 in the range of GBP120 million to GBP125 million, down from GBP150 million in 2017. Mediclinic International, which holds a 29.9% stake in the company, was down 2.5%. ----------IWG, down 4.1%. Credit Suisse cut the workspace provider to Underperform from Neutral.----------OTHER MAIN MARKET AND AIM - WINNERS----------CyanConnode, up 38%. The narrowband radio frequency mesh network company said it has received an order relating to a smart metering deployment by an Indian state-owned utility worth USD11.6 million. The order is for Omnimesh IPv6-based hardware, perpetual software licenses and installation services. Omnimesh was launched in 2018 and provides electricity metering capability, the company said. The company said it expects revenue of GBP700,000 under the order in its current financial year. This will contribute to the delivery of management's full-year expectations. ----------OTHER MAIN MARKET AND AIM - LOSERS----------Flowtech, down 28%. The hydraulic, pneumatic and industrial components maker issued a profit warning due to delays in the Thames Tideway project and consequent liabilities. Flowtech expects underlying operating profit for 2018 to be marginally below market expectations due to its inability to replace delayed income from the Thames Tideway project. Flowtech is supplying hydraulic cylinders and power units to a sub-contractor on the project, aimed at improving London's sewer system. Flowtech's contract is worth GBP1.5 million and the completion date has been pushed back to early 2019. For the six months to June end, Flowtech recorded a 65% jump in revenue to GBP56.4 million from GBP34.2 million, resulting in a pretax profit of GBP4.2 million, versus GBP3.1 million a year ago. It also said that Chief Executive Sean Fennon has decided to retire, stepping down from the board immediately but advising until the end of the year.----------Kibo Energy, down 16%. The Africa-focused energy company said it is investigating the impact of a new tender launched by the Tanzania state power firm on Kibo's flagship Mbeya coal-to-power project in the country. Kibo said the Tanzania Electric Supply Co - or Tanesco - initiated a tender process earlier on Tuesday for coal and gasification combined cycle power plants as part of its plans to develop independent power projects in the country. The firm will "review" the invitation from Tanesco to "assess the potential impact" on the Mbeya project and its development plans. Kibo will also seek "clarification" on whether the tender process will have an impact on its ongoing power purchase agreement negotiations with Tanesco.----------
More News
21 Apr 2021 09:42

BROKER RATINGS: Deutsche Bank starts coverage on BP and Shell at buy

BROKER RATINGS: Deutsche Bank starts coverage on BP and Shell at buy

Read more
9 Apr 2021 13:09

Friday broker round-up

(Sharecast News) - Hilton Food Group: RBC Capital Markets upgrades to outperform with a target price of 1,500p.

Read more
9 Apr 2021 09:43

BROKER RATINGS: Berenberg upgrades Marston's and downgrades City Pub

BROKER RATINGS: Berenberg upgrades Marston's and downgrades City Pub

Read more
29 Mar 2021 09:51

PRESS: Ian Cheshire puts name forward to be BT chair - Telegraph

PRESS: Ian Cheshire puts name forward to be BT chair - Telegraph

Read more
5 Mar 2021 09:39

BROKER RATINGS: JPMorgan neutral on Aston Martin; CRH targets lifted

BROKER RATINGS: JPMorgan neutral on Aston Martin; CRH targets lifted

Read more
4 Mar 2021 11:09

SMALL-CAP WINNERS & LOSERS: Tyman rises after second half recovery

SMALL-CAP WINNERS & LOSERS: Tyman rises after second half recovery

Read more
4 Mar 2021 10:47

Spire Healthcare taps Ian Cheshire as chair as swings to annual loss

Spire Healthcare taps Ian Cheshire as chair as swings to annual loss

Read more
4 Mar 2021 10:17

Spire Healthcare cautiously optimistic as revenues beat forecasts

(Sharecast News) - Spire Healthcare posted better-than-expected results on Thursday, after self-pay revenues increased in the second half.

Read more
25 Feb 2021 16:19

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

Read more
9 Feb 2021 13:46

Tuesday broker round-up

(Sharecast News) - Spirent Communications: Canaccord upgrades to buy with a target price of 275p.

Read more
9 Feb 2021 09:31

BROKER RATINGS: HSBC And ASOS Raised, DS Smith And Spire Cut

BROKER RATINGS: HSBC And ASOS Raised, DS Smith And Spire Cut

Read more
11 Jan 2021 09:54

UK BROKER RATINGS SUMMARY: Weir And Elementis Get Neutral Ratings

UK BROKER RATINGS SUMMARY: Weir And Elementis Get Neutral Ratings

Read more
5 Jan 2021 09:56

UK BROKER RATINGS SUMMARY: UBS Says Buy AVEVA; Investec Cuts Petrofac

UK BROKER RATINGS SUMMARY: UBS Says Buy AVEVA; Investec Cuts Petrofac

Read more
5 Jan 2021 08:05

LONDON BRIEFING: Morrisons Reports Pop In Champagne Sales At Christmas

LONDON BRIEFING: Morrisons Reports Pop In Champagne Sales At Christmas

Read more
21 Dec 2020 18:10

UK TRADING UPDATE SUMMARY: Novacyt Tests Can Spot New Virus Strain

UK TRADING UPDATE SUMMARY: Novacyt Tests Can Spot New Virus Strain

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.