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 Plc Sale of Plastics division for $585 million

DS Smith Plc (LON:SMDS) today announced it has reached agreement to sell the Plastics division to Olympus Partners for an enterprise value of $585 million, (approximately £450 million). This represents..

Legal & General Group Record £10bn annuity sales, AUM exceeds £1tn, operating profit up 10% to £1.9bn

Legal & General Group (LON:LGEN), today announced full year results 2018 Financial highlights2 · OPERATING PROFIT1 OF £1,902M, UP 10% (2017: £1,723M) · EARNINGS PER SHARE3 OF 24.74P, UP 7%..

Melrose Industries Plc Sundry Disposals

Melrose Industries Plc (LON:MRO) announced today that it has agreed to sell Walterscheid Powertrain Group, (previously known as GKN Off Highway Powertrain), a leading provider of original equipment and aftermarket..

GVC Holdings PLC Global scale and market diversification delivering very strong online growth

GVC Holdings PLC (LON: GVC), the global sports-betting and gaming Group, is pleased to announce its results for the year ended 31 December 2018. Group Reported1 Proforma2 Year ended 31..

Direct Line Insurance Group PLC Strong set of results driven by resilient business model

Direct Line Insurance Group PLC (LON:DLG), today announced preliminary results for year ended 31 December 2018. PAUL GEDDES, CEO OF DIRECT LINE GROUP, COMMENTED “I am pleased to announce a..

Intertek Group Plc Robust EPS Growth and Strong Cash

Intertek Group Plc (LON:ITRK), today announced 2018 final result 2018 Year Highlights · Revenue growth: +4.7% at constant currency rates, +1.2% at actual rates · Good organic revenue growth of..

NMC Health plc Update on KSA Joint Venture

NMC Health plc (LON: NMC), the leading private healthcare operator in the Gulf Cooperation Council (GCC) with international services across 18 countries, announces the signing of definitive documents to form..

Ashtead Group plc Strong quarter with good performance across the Group

Ashtead Group plc (LON:AHT), today announced unaudited results for the nine months and third quarter ended 31 January 2019 Nine month highlights · Revenue up 19%1; rental revenue up 18%1..

British American Tobacco plc Quebec tobacco class action Court of Appeal judgment issued

British American Tobacco plc (LON:BATS), The judgment in the two Quebec Class Action lawsuits against our subsidiary, Imperial Tobacco Canada Ltd., and two other Canadian tobacco companies was publicly issued..

Aviva plc Maurice Tulloch to become Chief Executive Officer

Aviva plc (LON:AV) today announced Maurice Tulloch will become Chief Executive Officer with effect from 4th March 2019. Sir Adrian Montague, Chairman of Aviva, who has been acting in an..

AstraZeneca Plc Lynparza receives positive EU CHMP opinion

AstraZeneca Plc (LON:AZN) and MSD, Inc., Kenilworth, NJ, US (MSD: known as Merck & Co., Inc. inside the US and Canada) today announced that the Committee for Medicinal Products for..

Rightmove Plc Another strong year extended market leadership and reinforced position

Rightmove Plc (LON:RMV), today announced Final results. Financial highlights 2018 2017 Change Revenue £267.8m £243.3m +10% Operating profit £198.6m £178.3m +11% Underlying operating profit(1) £203.3m £184.4m +10% Basic earnings per..

Rentokil Initial plc New approach puts unclaimed dividends and shares to good use

Rentokil Initial plc (LON: RTO) today announced that it is taking a lead in a new initiative to use unclaimed shareholder dividends and unclaimed shares to fund charitable causes. A..

Prudential plc announced changes to the composition of its Board

Prudential plc (LON:PRU) announced changes to the composition of its Board. As part of our progress towards the demerger of M&GPrudential, John Foley, Chief Executive of M&GPrudential, Nic Nicandrou, Chief..

Hikma Pharmaceuticals PLC partnership with Melinta in MEN

Hikma Pharmaceuticals PLC (LON: HIK) (NASDAQ Dubai: HIK)(OTC: HKMPY) (rated Ba1 Moody’s / BB+ S&P, both stable) announced an exclusive license, supply and distribution agreement with Melinta Therapeutics (Melinta), for..

Rentokil Inital Plc A strong performance with revenue, profit and cash in excess of medium-term targets

Rentokil Inital Plc (LON:RTO), today announced 2018 preliminary results. 2018 Highlights ● Revenue, profit and cash all in excess of medium-term financial targets: Ongoing Revenue up 13.2%, Ongoing Operating Profit..

British American Tobacco PLC Exceeded target of high single figure adjusted constant currency EPS growth

British American Tobacco PLC (LON:BAT), today announced preliminary results for year ended 31 December 2018. KEY FINANCIALS 2018 Change vs 2017 Current Constant Current Constant rates rates Rates rates Revenue..

RSA Insurance Group plc Results represent first down year since 2013

RSA Insurance Group plc (LON:RSA), today announced 2018 preliminary results Pre-tax profit £480m, up 7%. Dividends 21p per share, up 7% (final dividend 13.7p) Underlying results down, driven by higher..

Rolls-Royce Holdings Solid progress to make 2018 a breakthrough year, strategically and financially

Rolls-Royce Holdings (LON:RR), today announced 2018 full year results. Warren East, Chief Executive commented: “Despite the challenges we faced on Trent 1000 in-service issues, solid progress has been made realising..

British American Tobacco Plc Ben Stevens steps down as Finance Director

British American Tobacco p.l.c. (LON:BAT) announced that, after 30 years with the Company and 11 years as Finance Director, Ben Stevens has informed the Company of his intention to step..

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