Greggs’ trading update fails to support shares
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Greggs saw its share price sink 7.13% after reporting that sales during the four weeks to 26th September were 76.1% of their 2019 level.
Financial News
Synectics down on casino difficulties
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The share price of Synectics has dropped 8.92% after the firm warned that a recovery in the digital gambling sector during the second half was now unlikely.
Diageo shares lifted by strong performance
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The price of shares in drinks manufacturer Diageo climbed by 7.61% to 2,713.50p after management providing a sales update ahead of its AGM.
Falling profits pull down EQTEC
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EQTEC saw its share price drop by 5.26% after operating losses for the six months ended 30th June widened due to increased administrative costs.
Ceres Power Holdings down as interims don’t excite
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The price of shares in Ceres Power Holdings fell 1.33% despite the firm reporting a 21% increase in revenues for the 12 months ended 30th June.
Circle Property rises on annual results
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The price of shares in AIM-listed Circle Property has risen by 1.83% after reporting increases in net asset value for the year ended 31st March
Shares up after boohoo review
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Digital fashion retailer boohoo has seen its share price climb by 9.71% after publishing an independent review of its supply chain.
Portmeirion Group shares strained by H1 losses
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AIM-listed ceramics manufacturer Portmeirion Group has seen its share price drop by 2.18% as revenues for the first half of 2020 fell by 8.3%.
Smiths Group results don’t convince markets
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The price of shares in FTSE 100 engineering firm Smiths Group has fallen by 7.72% after reporting a 12% drop in profits for the year ended 31st July.
PZ Cussons down as it fails to clean up during tough year
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The price of shares in PZ Cussons has fallen after reporting a 32.8% decline in pre-tax profits for the year ended 31st May.