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.

Phoenix Group delivers a strong H1 performance with £872m of cash generation

Phoenix Group Holdings PLC (LON:PHNX) has announced its 2021 half year results. Financial highlights Delivering cash ·      Strong cash generation1 of £872m in H1 2021 (H1 2020: £433m) has more than doubled..

InterContinental Hotels Group trading improved significantly during H1 2021

InterContinental Hotels Group plc (LON:IHG) has announced its half year results to 30 June 2021. ● Significant improvement in demand over the course of H1, resulting in RevPAR (43)% vs..

Flutter Entertainment 30% revenue growth driven by 40% increase in average monthly players

Flutter Entertainment plc (LON:FLTR) has announced interim results for six months ended 30 June 2021.   Reported1   Adjusted pro forma2   H1 2021£m H1 2020£m YoY % H1 2021£m..

Hargreaves Lansdown £8.7 billion of net new business in the period

Hargreaves Lansdown plc (LON:HL) has announced its results for the year ended 30 June 2021. Highlights: ·     Net new business of £8.7 billion ·     Strong growth in Assets Under Administration, up 30%..

AstraZeneca’s Forxiga approved in the EU for chronic kidney disease

AstraZeneca plc (LON:AZN) Forxiga (dapagliflozin), a sodium-glucose cotransporter 2 (SGLT2) inhibitor, has been approved in the European Union (EU) for the treatment of chronic kidney disease (CKD) in adults with..

Hikma Pharmaceuticals achieves solid year-over-year increases in revenue and operating profit

Hikma Pharmaceuticals PLC (LON:HIK), the multinational pharmaceutical company, has reported its interim results for the six months ended 30 June 2021. Siggi Olafsson, Chief Executive Officer of Hikma, said: “Once..

London Stock Exchange Group good performance across all divisions driving 4.6% growth

London Stock Exchange Group plc (LON:LSE) has announced its H1 2021 Interim Results. Highlights Note: Unless otherwise stated, variances refer to growth rates on a pro-forma constant currency basis, excluding..

EVRAZ achieves EBITDA of US$2.1 billion, up 94% year-on-year

EVRAZ plc (LON:EVR) has announced its unaudited interim financial results for the six months ended 30 June 2021. H1 2021 HIGHLIGHTS •     The Group reported solid free cash flow1 of US$836 million,..

WPP Q2 like-for-like revenue growth rate of 19.3% is highest on record

WPP PLC (LON:WPP) has announced its 2021 Interim Results. Key figures – continuing operations £ million H1 2021 +/(-) % reported[1] +/(-) % LFL[2] H1 2020[3] Revenue 6,133 9.8 16.1..

Rolls-Royce signs agreement to sell its Bergen Engines business to Langley Holdings

Rolls-Royce Holdings plc (LON:RR) has signed an agreement to sell its Bergen Engines medium speed liquid fuel and gas engines business to global engineering group Langley Holdings plc for an..

Taylor Wimpey deliver a record first half performance

Taylor Wimpey plc (LON:TW) has announced its half year results for the period ended 4 July 2021. Financial highlights: ·  Group completions of 7,303 homes (H1 2020: 2,771) excluding joint ventures,..

SSE agrees to sell its entire 33.3% stake in SGN for £1.225BN

SSE plc (LON:SSE) has agreed to sell its entire 33.3% stake in gas distribution operator Scotia Gas Networks Ltd (SGN) to a consortium comprising existing SGN shareholder Ontario Teachers’ Pension..

Rightmove revenue up 58% on 2020

Rightmove plc (LON:RMV), the UK’s largest property portal, has announced its unaudited results for the six months ended 30 June 2021. Financial Highlights   H1 2021 H1 2020  H1 2019 Change..

Pearson healthy revenue and profit growth in H1

Pearson plc (LON:PSON) has announced its interim results for the six months to 30th June 2021 (Unaudited). Highlights Underlying revenue up 17% to £1,597m · Global Online Learning up 25%..

Berkeley Group’s Dame Alison Nimmo to step down from Board

Berkeley Group Holdings plc (LON:BKG) has announced that, after nine years of service, Dame Alison Nimmo will be stepping down from the Board at the Company’s Annual General Meeting on..

Croda International reported sales up 39%, driven by organic growth and acquisitions

Croda International Plc (LON:CRDA) has announced its half year results for the six months ended 30 June 2021. This announcement contains inside information. Highlights Half year ended 30 June Statutory..

AstraZeneca Alexion’s Ultomiris recommended in EU for children with PNH

AstraZeneca plc (LON:AZN) Alexion’s Ultomiris (ravulizumab) has been recommended for marketing authorisation in the European Union (EU) for expanded use to include children and adolescents with paroxysmal nocturnal haemoglobinuria (PNH)...

Anglo American Platinum significant economic contribution to stakeholders of R39.2 billion

Anglo American plc (LON:ALL) has noted the announcement of Anglo American Platinum’s interim results for the half year ended 30 June 2021, released this morning to the Johannesburg Stock Exchange..

NatWest Group progress on phased withdrawal from Republic of Ireland

NatWest Group plc (LON:NWG) and Ulster Bank in the Republic of Ireland have entered into a non-binding Memorandum of Understanding with Permanent TSB for the proposed sale of a perimeter..

Vodafone Group back to service revenue growth in Europe, as well as Africa

Vodafone Group Plc (LON:VOD) has announced its Q1 FY22 trading update. Growth in Europe and Africa ·   Group service revenue growth of 3.3%* (Q4: 0.8%*), with growth across both Consumer and Business..

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