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.

Pets at Home Group revenue exceeded £1bn for the first time

Pets at Home Group plc (LON:PETS) have today provided FY20 preliminary results for the 52 week period to 26 March 2020. ·      Group like-for-like# (LFL) revenue growth of 9.0% o  Total Group revenue..

IP Group sells 12.25m shares in Ceres Power

IP Group plc (LON:IPO), the developer of intellectual property-based businesses, announced today that it has sold 12.25 million ordinary shares in Ceres Power Holdings plc (LON:CWR) at a price of..

Marks & Spencer Group Ocado Retail positioned strongly for growth

Marks and Spencer Group Plc (LON:MKS) has today announced its Full Year Results For 52 Weeks Ended 28 March 2020. 52 weeks ended 28 Mar 20 30 Mar 19Restated1 Change..

Coats Group Sales for the period down 17% year-on-year

Coats Group plc (LON:COA), the world’s leading industrial thread manufacturer, today announced a trading update for the period 1 January 2020 to 30 April 2020. Overview ·      Group sales for the..

Great Portland Estates announces the launch of “The Time is Now”

Great Portland Estates plc (LON:GPOR) has today announced the launch of “The Time is Now”, our sustainability statement of intent. Looking out to 2030, our statement of intent is underpinned..

PayPoint appoints Nick Wiles as Chief Executive

Further to the announcement made on 19th March 2020 regarding the temporary suspension of the CEO search process, PayPoint plc (LON:PAY) has today announced the appointment of Nick Wiles as..

UDG Healthcare reports Strong H1 FY20 performance

UDG Healthcare plc (LON:UDG), a leading international healthcare services provider, announced today its results for the six months to 31 March 2020, in which the Group delivered a strong first..

Micro Focus International expects revenues decline of 11% for H1

Micro Focus International plc (LON: MCRO), the global enterprise software group, today issued a brief trading update for the six months ended 30 April 2020. Micro Focus expects to report..

Energean Oil & Gas Intention to Re-Structure Edison E&P Transaction

Energean Oil and Gas plc (LON:ENOG), the oil and gas producer focused on the Mediterranean, issued today an update on its Edison E&P transaction. Following the recently announced termination of..

Centamin Profit after tax increases 13%

Centamin plc (LON:CEY) has today published its audited annual results for the twelve months ended 31 December 2019. FINANCIAL HIGHLIGHTS[1] FY2019 vs FY2018 ·      Gross revenues[2] of US$658.1 million for the twelve..

Ferrexpo Management Changes

Ferrexpo plc (LON:FXPO) has today announced the appointment of James (Jim) North as Acting Chief Executive Officer of Ferrexpo as of the conclusion of the AGM to be held on..

LXi REIT Dividend and Forward Guidance

LXi REIT plc LON:LXI), the specialist inflation-protected very long income REIT, has today declared an interim quarterly dividend in respect of the quarter ended 31 March 2020 of 1.4375 pence..

William Hill Strong performance achieved in international markets

William Hill plc (LSE: WMH), one of the world’s leading betting and gaming companies, provided today a trading update for the unaudited 17 weeks to 28 April 2020 and COVID-19..

ContourGlobal Operational performance remains strong

ContourGlobal plc (LON:GLO), an international owner and operator of contracted wholesale power generation businesses, today issued a trading update for the period from 1 January 2020 to 31 March 2020...

Watches of Switzerland Group Demand for luxury watches has remained strong

Watches of Switzerland Group PLC (LON:WOSG) has today provided the following financing update and unaudited pre-close trading update for the 13 and 52 weeks ending 26 April 2020. Highlights ·      FY20..

Just Group’s excess capital grows by £60m in the first four months of the year

Just Group plc (LON:JUST) is holding its Annual General Meeting today. In compliance with the UK Government’s social distancing guidelines, arrangements have been made for a quorum of two shareholders..

Law Debenture Corporation CFO Katie Thorpe resigns

Law Debenture Corporation plc (LON:LWDB) has today announced the resignation of its Chief Financial Officer. Katie Thorpe, Chief Financial Officer, will be leaving Law Debenture at the end of October..

Grainger Strong H1 performance; positive lead indicators for H2

Grainger plc (LON:GRI) have today provided half year results for the six months ended 31st March 2020. Strong H1 performance; positive lead indicators for H2 ·      Net rental income up +27% ·      Like-for-like..

Airtel Africa a strong set of results with performance sequentially improving during the year

Airtel Africa plc (LON:AAF) have today provided final results for the year ended 31 March 2020. Key highlights ·     Customer base up by 11.9% to 110.6 million ·     Revenue increased by 11.2%..

Aston Martin Lagonda remain focused on and excited about plans

Aston Martin Lagonda Global Holdings plc (LON:AML) have today provided first quarter results for the three months to 31 March 2020. Successful £536m Capital Raise; significant dealer de-stock despite impact..

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