FTSE 100

FTSE 100 Market news covers the latest developments for the FTSE 100 Index, which tracks the 100 most highly capitalised blue‑chip companies listed on the London Stock Exchange.

This category includes updates on company admissions and delistings, quarterly and annual results, mergers and acquisitions, board appointments and departures, regulatory news and policy changes.

DS Smith revenues increase 28% to £4,299m

DS Smith plc (LON:SMDS) has announced its 2022/23 half year results. 6 months to 31 October 2022Continuing operations Change(reported) Change(constant currency) Revenue £4,299m +28% +26% Adjusted operating profit(1) £418m +51%..

British American Tobacco expect to deliver strong adjusted operating margin improvement

British American Tobacco plc (LON:BATS) has announced its 2022 second half pre-close trading update. FY 2022 guidance: o  Revenue growth of 2% to 4% at constant currency rates o  Mid-single figure adjusted..

GSK welcomes yesterday’s ruling by the MDL Court on Zantac

In response to yesterday’s court ruling in the Zantac federal Multi-District Litigation (MDL) in the U.S., GSK plc (LON:GSK) has issued the following statement: GSK welcomes yesterday’s ruling by the..

InterContinental Hotels Group Non-Executive Director Jill McDonald to retire from the Board

InterContinental Hotels Group plc (LON:IHG”) has announced: – The retirement of Non-Executive Director, Jill McDonald from the IHG Board effective 28 February 2023, following the conclusion of her nine-year term. Jill McDonald was..

Glencore reaches agreement with DRC covering all present and future claims

Glencore plc (LON:GLEN) has reached an agreement with the Democratic Republic of Congo covering all present and future claims arising from any alleged acts of corruption by the Glencore Group..

Vodafone Group CEO Nick Read to step down

Vodafone Group Plc (LON:VOD) has announced that Nick Read has agreed with the Board that he will step down as Group Chief Executive and as a Director of Vodafone on..

GSK’s Jemperli RUBY phase III trial met its primary endpoint for endometrial cancer

GSK plc (LON:GSK, NYSE:GSK) has announced positive headline results from the planned interim analysis of Part 1 of the RUBY/ENGOT-EN6/GOG3031/NSGO phase III trial investigating Jemperli (dostarlimab) plus standard-of-care chemotherapy (carboplatin-paclitaxel)..

Centrica to host a virtual teach-in at 9am today

Centrica plc (LON:CNA) will be hosting a virtual teach-in for institutional investors and analysts on its Energy Marketing & Trading business, focused on its Route-to-Market activities, at 9am (GMT) today...

Spirax-Sarco Engineering acquires Durex Industries

Spirax-Sarco Engineering plc (LON:SPC), the thermal energy management and niche pumping specialist, has confirmed the completion of its acquisition of Durex International Corporation (Durex Industries), following the satisfaction of all..

Rio Tinto to host live investor seminar today

Rio Tino plc (LON:RIO) will today host a investor seminar. The presentation to be given at the investor seminar today in London at 8.00am (GMT) / 7.00pm (AEDT) by Rio..

AstraZeneca to sell its West Chester site to National Resilience

AstraZeneca plc (LON:AZN) has announced the sale of its West Chester site in Ohio, US, to National Resilience, Inc., a technology-focused manufacturing company dedicated to broadening access to complex medicines...

Rio Tinto to create Juukan Gorge Legacy Foundation

The Puutu Kunti Kurrama and Pinikura (PKKP) Aboriginal Corporation and Rio Tinto PLC (LON:RIO) have agreed to create the Juukan Gorge Legacy Foundation after signing a remedy agreement regarding the..

Kingfisher Q3 sales of £3.3bn, up 1.7%

Kingfisher plc (LON:KGF) has provided its Q3 22/23 sales. Key points ·    Third quarter sales of £3.3bn; total sales +1.7% in constant currency and LFL +0.2% ·    Sales significantly ahead of pre-pandemic..

Intertek Group delivers a robust trading performance

Intertek Group plc (LON:ITRK), a leading Total Quality Assurance provider to industries worldwide, has released its November Trading Update for the period from 1 January to 31 October 2022. All..

Severn Trent well positioned to invest for the long term and support future growth

Severn Trent plc (LON:SVT) has announced its interim results for the six months to 30 September 2022. Robust financial performance, supported by strong cost control ·   Guiding to double-digit real..

Fresnillo updates on the success of the additional testing requested by CFE

Fresnillo plc (LON:FRES) has provided an update on the success of the additional testing requested by the state-owned power company, CFE (Comisión Federal de Electricidad). The testing to verify compatibility..

Endeavour Mining makes major greenfield discovery in Cote d’Ivoire

Endeavour Mining plc (LON:EDV) has announce that a major discovery has been made at its 100%-owned Tanda-Iguela greenfield exploration property in Côte d’Ivoire. The Tanda-Iguela property has the potential to..

Compass Group achieve strong organic revenue growth of 37.5%, to £25.8bn

Compass Group plc (LON:CPG) has announced its full year results announcement for the year ended 30 September 2022. Underlying1 results2022 Underlying1 results2021 Underlying1 resultsChange Statutory results2022 Statutory results2021 Statutory resultsChange..

DS Smith appoints Richard Pike as Group Finance Director and Executive Director

DS Smith Plc (LON:SMDS) has announced the appointment of Richard Pike to the Company’s Board as Group Finance Director and Executive Director with effect from Adrian Marsh’s retirement next summer...

Legal & General expect to deliver resilient FY22 operating profit growth

Legal & General Group Plc (LON:LGEN) has noted the Chancellor’s references in yesterday’s Autumn Statement to Solvency II reform. We believe the proposals represent a positive step forward. We also..

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