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.

LondonMetric Structurally supported portfolio continues to deliver attractive returns

LondonMetric (LON:LMP) today announced its annual results for the year ended 31 March 2019. Income Statement 31 March 2019 31 March 2018 Net rental income (£m)1,2 93.8 90.6 EPRA Earnings..

Sirius Minerals Plc Admit 2,180,480,570 New Ordinary Shares to LSE Main Market

Sirius Minerals Plc (LON: SXX) announced on 30 April 2019 the details of a Firm Placing and Placing and Open Offer to raise gross proceeds of approximately US$425 million (£327..

TalkTalk Telecom Group PLC Business Fundamentals Are Much Stronger

TalkTalk Telecom Group PLC (LON: TALK) has today provided its preliminary results for the year ended 31 March 2019. Financial highlights • Total Headline 3 revenue (ex-Carrier and Off-net) up..

NewRiver REIT plc Joint Venture and acquisition of four retail parks for £60.5 million

NewRiver REIT (LON: NRR) has today announced that it has agreed terms, in principle, relating to a new 50:50 joint venture with BRAVO Strategies III LLC, a fund managed by..

B&M European Value Retail S.A. Strong Q4 and On-going Performance

B&M European Value Retail S.A. (LON: BME), the UK’s leading variety goods value retailer, today announced its Preliminary Results for the 52 weeks to 30 March 2019. HIGHLIGHTS ● Group..

Merlin Entertainments plc Response to ValueAct Capital Announcement

The Board of Merlin Entertainment plc (LON: MERL) noted today the announcement made by ValueAct Capital. Merlin maintains an active dialogue with all its shareholders, including ValueAct Capital. Merlin has..

Serco Group PLC to acquire the Naval Systems Business Unit from Alion Science & Technology Corporation for $225m

Serco Group plc (LON: SRP), the international service company, today announced that it has entered into a definitive Asset Purchase Agreement to acquire for $225m the Naval Systems Business Unit..

Intermediate Capital Group plc Driving fund management profits up 51%

Intermediate Capital Group plc (LON:ICG) announced its final results for the year ended 31 March 2019. Highlights AUM up 29% on 31 March 2018 to €37.1bn, with €10.0bn of new..

Riverstone Energy Limited Upstream sector has continued to be challenging

Riverstone Energy Limited (LON:RSE) issued this Interim Management Statement for the period from 1 January 2019 to 31 March 2019. Highlights · Key Financials (unaudited) o NAV as at 31..

Bovis Homes Group PLC Strong period of trading & a step up in sales rate

Bovis Homes Group PLC (LON:BVS) is holding its Annual General Meeting at 12:00pm today in Tunbridge Wells. This statement comments on the Group’s current trading and outlook for the financial..

Close Brothers Group plc Delivered a solid performance in the period

Close Brothers Group plc (LON:CBG) today issued its trading update relating to the third quarter from 1 February 2019 to 30 April 2019. All statements in this release relate to..

ContourGlobal PLC Momentum continues in 2019 as ContourGlobal delivers strong growth in Q1

ContourGlobal PLC (LON:GLO) today released quarterly update following AGM. Highlights · Adjusted EBITDA for the first quarter of 2019 of $147.0m, a rise of 23.5% compared to the prior year..

Britvic Plc A strong performance with revenue, organic margin and EPS all growing

Britvic Plc (LON:BVIC), today announced Interim results for the 28 weeks ended 14 April 2019/ Group Financial Headlines: · Organic revenue* increased 1.9% (reported +4.9%) to £769.2m · Organic adjusted..

Paragon Banking Group PLC Strong first half, increased profits benefiting from increased lending and improved margins

Paragon Banking Group PLC (LON:PAG), the specialist lender and banking group, today announced its half year results for the six months ended 31 March 2019. Nigel Terrington, Chief Executive of..

Babcock International Group PLC Profit growth and strong cash generation

Babcock International Group PLC (LON:BAB), today announced full year results for the year ended 31 March 2019. Financial highlights · Underlying revenue of £5.2 billion, in line with guidance given..

Great Portland Estates plc Developments driving strong operational performance

The Directors of Great Portland Estates plc (LON:GPOR) today announced the results for the Group for the year ended 31 March 2019. Highlights1 for the year include: Robust financial performance;..

Royal Mail plc Reported revenue up £409 million

Royal Mail plc (LON:RMG) is today announced its results for the full year ended 31 March 2019 and setting out an Outlook for 2019-20. The Company is also presenting its..

Superdry Plc Appoint Nick Gresham as Interim CFO

Superdry Plc (LON:SDRY) announced that it has appointed Nick Gresham as Interim Chief Financial Officer. Nick is currently chief financial officer of the pure play online sports and cycling retailer..

Acacia Mining plc Company Update and Possible Offer

Acacia Mining plc (LON:ACA) noted that it has received an update today from Barrick Gold Corporation on the status of Barrick’s negotiations with the Government of Tanzania to seek to..

Hilton Food Group plc Trading in line with expectations

Hilton Food Group plc (LON:HFG), the leading specialist international food packing business, today provided a trading update for the period from 31st December 2018 to date, ahead of its Annual..

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