FTSE 250

FTSE 250 Market news covers the latest developments for the FTSE 250 Index, which tracks the 101st to the 350th largest companies by market capitalisation 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.

ME Group appoints Christophe Dantcikian as Chief Operating Officer

ME Group International has appointed Christophe Dantcikian as Chief Operating Officer with immediate effect. A member of the Executive Team, he brings over 20 years’ experience across retail, convenience and vending businesses, including senior roles at ExxonMobil, Puma Energy and previously Photomaton...

Tritax Big Box REIT delivers higher earnings and advances data centre strategy

For the year ended 31 December 2025, Tritax Big Box REIT plc increased adjusted EPS (excluding additional DMA income) by 4.1% to 8.38p and expanded its portfolio to £7.89 billion...

Hays CEO Dirk Hahn steps down; Mark Dearnley appointed interim Chief Executive

Hays plc has announced that CEO Dirk Hahn has stepped down with immediate effect for personal reasons. Chief Digital and Technology Officer Mark Dearnley will serve as interim CEO while the Board begins a recruitment process for a permanent successor...

Drax Group declares 17.4p final dividend for FY2025

On 26 February 2026, Drax Group plc announced a proposed final dividend of 17.4 pence per share for the year ended 31 December 2025, subject to shareholder approval at the 2026 Annual General Meeting...

WPP launches ‘Elevate28’ plan to simplify structure and restore growth

WPP has unveiled ‘Elevate28’, a multi-year strategy to transition to a single integrated company built around four operating units and its AI-driven WPP Open platform...

Derwent London agrees £110.5m sale of 90 Whitfield Street to Lone Star

Derwent London has exchanged contracts to sell 90 Whitfield Street, W1, to Lone Star Real Estate for £110.5m, reflecting a 5.0% net initial yield and a capital value of around £1,100 per sq ft. Completion is scheduled for August 2026, with proceeds to be reinvested into higher-returning projects and capital expenditure...

Chesnara Plc: A positive expansion in Benelux

Chesnara’s acquisition of Scottish Widows Europe broadens its geographic reach into Luxembourg and adds €1.7bn of AuA. The transaction is expected to generate €250m in future cash, supports long-term value growth, and leaves 2026 forecasts and dividend expectations intact...

Drax reports 2025 results with record renewable generation and lower net debt

Drax Group reported record renewable generation in 2025, supplying 6% of UK power, alongside adjusted EBITDA of £947m and a 7% increase in adjusted EPS to 137.7p...

International Personal Finance reports higher 2025 profit and dividend increase

International Personal Finance plc reported pre-exceptional profit before tax of £88.6m for the year ended 31 December 2025, up 4.0% year on year, with customer lending and receivables growth across all divisions...

Aston Martin FY2025 results: Revenue down 21%, Q4 returns to positive cash flow

Aston Martin reported FY2025 revenue of £1.26bn, down 21%, with wholesale volumes falling 10% amid tariff and macroeconomic pressures. Q4 performance improved sequentially, supported by initial Valhalla deliveries, higher core ASP and positive free cash flow...

Unite Students to dispose of £186m London asset to USAF

Unite Students has agreed the £186 million sale of St Pancras Way, a 571-bed property fully nominated to UCL for 2026/27, to USAF. The disposal, funded through existing cash and a USAF equity raise, is in line with the Group’s 2026 earnings guidance and capital allocation priorities...

Balfour Beatty CFO Phil Harrison to step down; Myles Westcott appointed successor

Balfour Beatty plc has announced that Chief Financial Officer Phil Harrison will step down later this year after more than a decade in the role. Following a succession process, Myles Westcott, currently Group Financial Controller at BAE Systems plc, will join as CFO...

MONY Group reports record 2025 revenue and EBITDA

MONY Group PLC delivered record revenue of £446.3m and adjusted EBITDA of £145.1m in 2025, driven by growth in Money and Home Services and continued momentum in its SuperSaveClub membership base...

Johnson Matthey updates Honeywell deal timeline and financial terms

Johnson Matthey Plc and Honeywell have agreed to extend the completion timeline for the Catalyst Technologies transaction to July 2026 and amend the financial terms. The revised enterprise value is £1.325 billion...

Drax Group’s Second Tolling Agreement Builds Momentum In Battery Storage, says Longspur Research

Drax Group signs second BESS tolling agreement as Longspur Research lifts valuation to 1093p on strengthened flexibility strategy...

Aston Martin to sell F1 naming rights for £50m; FY2025 margin at c.29.5%

Aston Martin has agreed a proposed £50m transaction to grant AMR GP perpetual rights to use its name in Formula One operations, pending shareholder approval. FY2025 wholesale volumes declined to 5,448 units, with adjusted EBIT expected slightly below the lower end of analyst forecasts, as the group looks to stronger results in 2026...

NCC Group to host cyber-focused Capital Markets Event on 13 March 2026

NCC Group plc will host a Capital Markets Event for institutional investors and analysts on Friday 13 March 2026, focused on its Cyber business and growth strategy...

Safestore Q1 FY2026 revenue up 6.3% at CER as occupancy and rates improve

Safestore Holdings plc reported Q1 FY2026 revenue of £61.2m, up 6.3% at constant exchange rates, driven by rate growth and contributions from new stores. Like-for-like revenue rose 4.2%, with occupancy at 77.8% of current lettable area...

Great Portland Estates fully lets phase one at City Tower above ERV

Great Portland Estates plc has fully let or placed under offer all 28,700 sq ft of phase one Fully Managed space at City Tower, securing £5.3 million in annual rent at £186 per sq ft, 6.6% ahead of March 2025 ERV...
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ME Group appoints Christophe Dantcikian as Chief Operating Officer

ME Group International has appointed Christophe Dantcikian as Chief Operating Officer with immediate effect. A member of the Executive Team, he brings over 20 years’ experience across retail, convenience and vending businesses, including senior roles at ExxonMobil, Puma Energy and previously Photomaton...

Tritax Big Box REIT delivers higher earnings and advances data centre strategy

For the year ended 31 December 2025, Tritax Big Box REIT plc increased adjusted EPS (excluding additional DMA income) by 4.1% to 8.38p and expanded its portfolio to £7.89 billion...

Hays CEO Dirk Hahn steps down; Mark Dearnley appointed interim Chief Executive

Hays plc has announced that CEO Dirk Hahn has stepped down with immediate effect for personal reasons. Chief Digital and Technology Officer Mark Dearnley will serve as interim CEO while the Board begins a recruitment process for a permanent successor...

Drax Group declares 17.4p final dividend for FY2025

On 26 February 2026, Drax Group plc announced a proposed final dividend of 17.4 pence per share for the year ended 31 December 2025, subject to shareholder approval at the 2026 Annual General Meeting...

WPP launches ‘Elevate28’ plan to simplify structure and restore growth

WPP has unveiled ‘Elevate28’, a multi-year strategy to transition to a single integrated company built around four operating units and its AI-driven WPP Open platform...

Derwent London agrees £110.5m sale of 90 Whitfield Street to Lone Star

Derwent London has exchanged contracts to sell 90 Whitfield Street, W1, to Lone Star Real Estate for £110.5m, reflecting a 5.0% net initial yield and a capital value of around £1,100 per sq ft. Completion is scheduled for August 2026, with proceeds to be reinvested into higher-returning projects and capital expenditure...

Chesnara Plc: A positive expansion in Benelux

Chesnara’s acquisition of Scottish Widows Europe broadens its geographic reach into Luxembourg and adds €1.7bn of AuA. The transaction is expected to generate €250m in future cash, supports long-term value growth, and leaves 2026 forecasts and dividend expectations intact...

Drax reports 2025 results with record renewable generation and lower net debt

Drax Group reported record renewable generation in 2025, supplying 6% of UK power, alongside adjusted EBITDA of £947m and a 7% increase in adjusted EPS to 137.7p...

International Personal Finance reports higher 2025 profit and dividend increase

International Personal Finance plc reported pre-exceptional profit before tax of £88.6m for the year ended 31 December 2025, up 4.0% year on year, with customer lending and receivables growth across all divisions...

Aston Martin FY2025 results: Revenue down 21%, Q4 returns to positive cash flow

Aston Martin reported FY2025 revenue of £1.26bn, down 21%, with wholesale volumes falling 10% amid tariff and macroeconomic pressures. Q4 performance improved sequentially, supported by initial Valhalla deliveries, higher core ASP and positive free cash flow...

Unite Students to dispose of £186m London asset to USAF

Unite Students has agreed the £186 million sale of St Pancras Way, a 571-bed property fully nominated to UCL for 2026/27, to USAF. The disposal, funded through existing cash and a USAF equity raise, is in line with the Group’s 2026 earnings guidance and capital allocation priorities...

Balfour Beatty CFO Phil Harrison to step down; Myles Westcott appointed successor

Balfour Beatty plc has announced that Chief Financial Officer Phil Harrison will step down later this year after more than a decade in the role. Following a succession process, Myles Westcott, currently Group Financial Controller at BAE Systems plc, will join as CFO...

MONY Group reports record 2025 revenue and EBITDA

MONY Group PLC delivered record revenue of £446.3m and adjusted EBITDA of £145.1m in 2025, driven by growth in Money and Home Services and continued momentum in its SuperSaveClub membership base...

Johnson Matthey updates Honeywell deal timeline and financial terms

Johnson Matthey Plc and Honeywell have agreed to extend the completion timeline for the Catalyst Technologies transaction to July 2026 and amend the financial terms. The revised enterprise value is £1.325 billion...

Drax Group’s Second Tolling Agreement Builds Momentum In Battery Storage, says Longspur Research

Drax Group signs second BESS tolling agreement as Longspur Research lifts valuation to 1093p on strengthened flexibility strategy...

Aston Martin to sell F1 naming rights for £50m; FY2025 margin at c.29.5%

Aston Martin has agreed a proposed £50m transaction to grant AMR GP perpetual rights to use its name in Formula One operations, pending shareholder approval. FY2025 wholesale volumes declined to 5,448 units, with adjusted EBIT expected slightly below the lower end of analyst forecasts, as the group looks to stronger results in 2026...

NCC Group to host cyber-focused Capital Markets Event on 13 March 2026

NCC Group plc will host a Capital Markets Event for institutional investors and analysts on Friday 13 March 2026, focused on its Cyber business and growth strategy...

Safestore Q1 FY2026 revenue up 6.3% at CER as occupancy and rates improve

Safestore Holdings plc reported Q1 FY2026 revenue of £61.2m, up 6.3% at constant exchange rates, driven by rate growth and contributions from new stores. Like-for-like revenue rose 4.2%, with occupancy at 77.8% of current lettable area...

Great Portland Estates fully lets phase one at City Tower above ERV

Great Portland Estates plc has fully let or placed under offer all 28,700 sq ft of phase one Fully Managed space at City Tower, securing £5.3 million in annual rent at £186 per sq ft, 6.6% ahead of March 2025 ERV...
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