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Commenting on today's announcement Brian Mattingley, Chief Executive Officer, said: "While the second quarter of the year saw a return to historical seasonal revenue patterns, revenue increased 17 per cent year on year supported by targeted marketing campaigns and market-leading customer relationship management. We have the right product offering and back office capabilities to grow and sustain market share, as indicated by the success in building a significant market share in the newly regulated Spanish poker market."

Operational Highlights · Awarded a Spanish eGaming Licence on 1st June 2012, 888 has built a significant market share in Spain, with the Poker offer currently number two in the Spanish market · Strategic agreement signed with WMS, a global leader in the design, manufacture and distribution of games, gaming content and gaming machines in the United States, enabling WMS to offer an online product to all its customers utilising 888's state of the art poker platform

Interim Management Statement Q2 2012 Key Performance Indicators and Trading Update* 888, one of the world's most popular online gaming entertainment and solutions providers, is pleased to provide the following trading update for the second quarter of 2012. Financial Highlights · Group revenue US$92 million (Q2 2011: US$79 million), an increase of 17% year on year · Revenue B2C US$80 million (Q2 2011: US$66 million), an increase of 21% year on year · Revenue B2C Casino US$41 million (Q2 2011: US$36 million), an increase of 15% year on year · Revenue B2C Poker US$20 million (Q2 2011: US$13 million), an increase of 59% year on year, primarily boosted by ongoing product improvements, targeted marketing and effective CRM · Group revenue in H1 2012 at US$186 million (H1 2011: US$154 million), an increase of 21% · Number of active customers B2C Casino and Poker at 505,000 (Q2 2011: 342,000), a 48% increase compared to Q2 2011 · As at 30 June 2012, 888 had 12.1 million Casino, Poker and Sport real money registered customer accounts, representing an increase of 26% since 30 June 2011

http://www.investegate.co.uk/Article.aspx?id=201207260700125324I

Nomura upgrades Drax Group from reduce to neutral, target price unchanged at 470p.

Merrill Lynch upgrades Drax Group from underperform to neutral.

Alphavalue upgrades Drax Group from reduce to add, target price cut from 550.4p to 485.9p.

Citigroup upgrades Drax Group from sell to neutral, target price raised from 425p to 450p.

Seymour Pierce downgrades Intertek Group from add to hold, target price unchanged at 2500p.

Revenue increased by 29.9% to £991.0m, principally due to strong organic growth and the acquisition of, and very strong subsequent growth in, the Moody International ('Moody') business. Excluding the results of acquisitions made since 1 January 2011, organic revenue increased by 9.9% at constant exchange rates with all divisions contributing to growth. Operating profit was £152.2m, up 28.2% driven by strong growth in all divisions. The Group made further progress with its margin improvement programme, with Industry & Assurance and Commodities contributing to a 40 basis points increase in the Group's organic margin at constant exchange rates. Total margin at actual exchange rates was 20 basis points lower as good organic margin progression was more than offset by an additional four months and the mix effect of exceptionally strong revenue growth in Moody. Net financing costs were £12.2m, an increase of £4.1m on the first half of 2011, principally due to increased borrowing, partially offset by an interest receipt on a tax repayment relating to prior years. The adjusted effective tax rate was 27.7% (H1 11: 28.0%) and the full year rate is expected to be around this level. Cash flow from operations increased by 29.6% to £118.1m principally due to strong profit growth. The Group completed three bolt-on acquisitions for £17.4m on a cash and debt free basis. The Group ended the period in a strong financial position with net debt of £618.5m and an annualised net debt to EBITDA ratio of 1.6 (H1 11:1.9 on a pro forma basis). Diluted adjusted earnings per share for the six months ended 30 June 2012 increased by 28.2% to 58.2p. Following good progress during the first half and considering the outlook for the Group, the Board has approved a 21.5% increase in the interim dividend to 13.0p per share. The dividend will be paid on 16 November 2012 to shareholders on the register at 2 November 2012.

Wolfhart Hauser, Chief Executive Officer, commented: "Intertek has delivered strong growth in revenue, operating profit and earnings in the first half of the year, as demand for quality services across the diverse industries and geographies that we operate in continues to expand. Our businesses continue to perform well. Within energy and commodities end-markets we are seeing very good demand for global quality services. Demand in consumer retail and commercial manufactured product industries was strong against a weaker prior year period. Customers continue to seek more testing support on the performance, sustainability and compliance of products and new technologies and are seeking greater 'total supply chain' quality solutions. We made further progress on improving the Group's underlying organic margin, whilst the total operating margin reduced slightly due to the dilutive effect of exceptional growth in Moody; acquired in April 2011. Global economic conditions are becoming increasingly uncertain; however, with the Group's balanced industry and geographic portfolio, we continue to expect to grow revenue at high single digits on an organic constant currency basis for the full year."

Intertek Group plc ("Intertek"), a leading international provider of quality and safety services, announces its half year results for the period ended 30 June 2012. Strong growth in revenue and earnings Highlights · Strong revenue growth of 29.9% to £991.0m; constant currency organic growth of 9.9% · Strong profit¹ growth of 28.2% to £152.2m; constant currency organic growth of 12.7% · Adjusted operating profit¹ margin 15.4% · Diluted EPS¹ increase of 28.2% · Three bolt on acquisitions since 1 January for £17.4m · Interim dividend increase of 21.5%

http://www.investegate.co.uk/Article.aspx?id=201207260700095295I

The Company remains in an excellent financial position with a healthy balance sheet, strong cash generation and no significant changes in its financial position since 31 March 2012. The Company's annual trading update for the year ending 30 September 2012 will be issued on Thursday 4 October 2012. Victrex will host a conference call at 9.00am today for analysts. If you would like more details, please contact Rosa Smith at MHPC on 0203 128 8560 / Rosa.Smith@mhpc.com.

Interim Management Statement This statement comprises Victrex's Interim Management Statement covering the period from 1 April 2012 to date. Group sales volume has remained strong since the half year end with third quarter volume of 754 tonnes which is marginally ahead of the third quarter of the previous financial year (750 tonnes). Sales orders for the beginning of the fourth quarter and new business development remain encouraging. However we are mindful of the economic uncertainty, particularly in Europe, and the impact that could have on our customers. We continue to expect revenue growth year on year from Invibio®, our biomaterial solutions business, whilst cognisant of the on-going challenges in the US healthcare market.

http://www.investegate.co.uk/Article.aspx?id=201207260700095281I

Valuation: Undervalued on all metrics We have valued Zetar using three methodologies: peer group valuation; examination of recent corporate transactions in the sector; and on a net asset basis. Allowing for a 25% size/liquidity discount for the first method and a 30% discount to reflect the absence of bid premium on the second method, the three values derived per share are 339p, 254p and 355p. At the midpoint, 305p (43% ahead of the current price), the shares would still only be valued at a current year P/E ratio of 7.3x

http://www.edisoninvestmentresearch.co.uk/researchreports/ZetarOutlook260712.pdf

Outlook and Strategy Latent demand in the markets we serve continues to increase because in the current economic climate many projects are being scaled back or deferred until lead indicators show that prospects are improving. In its most recent forecast the Construction Products Association ("CPA") estimated that construction volumes will fall by around 4.5% this year a significant movement from its expectation in the spring. The sectors most affected are non-private RMI, commercial and industrial and infrastructure. It is now clear that the economic recovery is going to be delayed with expectations being that markets will remain relatively flat through 2013 before growth returns in 2014. In the second half of 2012 lower inflation may help consumer confidence and the lagged effect of increased housing transactions in the first half should manifest itself in the final quarter. Our focus on improving operating margins and increasing return on capital has been rewarded during the first half and we believe that it will enable us to continue to outperform our overall market for the rest of the year. Overall our outlook for the year remains unchanged as we expect our gross margin and overhead actions to mitigate the slightly weaker market volumes and we remain confident that based upon our best view of the information available to us our results will meet the 2012 full-year consensus expectations.

Geoff Cooper, Chief Executive, commented: Whilst weather patterns normally average themselves out over any trading period, it has been difficult to ignore the impact on the results of the first half trading of the wettest 3 months since records began. This has inhibited construction activity and particularly constrained turnover in our heavy-side related businesses in a market already struggling to recover to more normal levels. Despite this, we have, in balancing sales volumes and gross margin, traded sensibly throughout the period across all four divisions, continuing to take like-for-like market share, increasing the Group's gross margin and remaining cautious on costs and capital expenditures. Forecasting remains very difficult while public sector capital construction spending declines and the burden of re-starting growth relies on a private sector recovery. Our strong market positions, track record in managing through the cycle, and overall leading scale in building materials leave us better positioned than competitors to deal with the uncertain outlook. Based on current information, we are happy with consensus expectations for our 2012 financial performance.