Synthomer Share News (SYNT)

IN THE KNOW: Berenberg unphased by poor first half for Synthomer

(Alliance News) - Analysts at Berenberg on Wednesday said that leverage concerns at Synthomer are "understandable but manageable", after a recent trading update saw the firm lower its interim expectations.

LONDON BROKER RATINGS: Exane raises Segro; Goldman likes Aston Martin

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

Synthomer expects lower interim revenue amid lower customer demand

(Alliance News) - Synthomer PLC on Tuesday expects to report lower revenue and earnings before interest, tax, depreciation and amortisation for the first half of the year but maintains a hopeful outlook.

LONDON BROKER RATINGS: JPMorgan sees positive catalysts for Flutter

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

Synthomer reports resilience as demand remains subdued

(Sharecast News) - Specialty chemicals company Synthomer reported resilient trading in an update on Tuesday, despite a tough market amid a depression in customer demand.

LONDON BROKER RATINGS: HSBC raises ConvaTec; Berenberg cuts BHP

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

LONDON BROKER RATINGS: Citigroup cuts Admiral Group to 'sell'

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

LONDON BROKER RATINGS: Canaccord reinitiates Antofagasta with 'buy'

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

IN BRIEF: Synthomer satisfied with first four months' trading

Synthomer PLC - Essex, England-based chemicals manufacturer - Says trading during first third of 2023 was "broadly consistent" with expectations due to challenging macroeconomic environment. Trading "modestly improved" in Coatings and Constructions Solutions division, offsetting unspecified "challenges" in Adhesive Solutions division. Reaffirms expectation that low nitrile butadiene rubber production levels in Heath & Protection and Performance Materials division, caused by period of destocking, will not improve before the end of 2023. Had said in March that destocking and deteriorating macroeconomic climate "significantly affected" 2022 results and cut costs in response.

Synthomer trading in line with management expectations

(Sharecast News) - Synthomer said on Tuesday that trading in the first four months of the year has been "broadly consistent" with the board's expectations, reflecting "the continued challenging macroeconomic conditions" described in its full-year results in March.

UK shareholder meetings calendar - next 7 days

Travis Perkins appoints former Croda finance director as non-executive

(Alliance News) - Builders' merchant Travis Perkins PLC on Thursday said that Pete Redfern will step down as a senior independent director on June 1.

LONDON BROKER RATINGS: HSBC lifts housebuilders; Peel cuts Britvic

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

LONDON MARKET CLOSE: Lingering bank fears cap blue-chip gains

(Alliance News) - Oil stocks and miners pushed London's FTSE 100 higher on Tuesday, as the turmoil from the past fortnight in the banking sector abated.

LONDON MARKET MIDDAY: Europe edges higher as banking stress easing

(Alliance News) - Blue-chip shares in Europe drifted off session highs but still were in the green heading into Tuesday afternoon, amid hope that a threatened global banking crisis is being kept in check.