Risers and fallers – 16/01/14

Risers: 

Halfords +7.32%

Automotive and leisure retailer, Halfords Group, has today reported a 5.2% increase in like-for-like revenue for the 15 weeks to 10 Jan. Halfords added the company’s full year expectations are to stay the same. Total revenue for the 15 weeks was up 6.6%. 

Computacenter +3.84%

IT infrastructure provider, Computacenter PLC, has today revealed they expect full year 2013 results to be better than expected. Revenue on a reported basis is up 6% on the year and net cash excluding customer-specific financing was £89m. 

Home Retail Group +3.31%

Home Retail Group, owner of Homebase and Argos, has today said full year adjusted earnings are expected to be at the top end of market expectations. This comes after both Argos and Homebase reported an increase in like-for-like sales of 3.8% and 4.7% respectively. The group has also added that John Walden is to become Chief Executive. 

Ladbrokes +2.25%

Operating profit for Ladbrokes is set to be in the middle range of forecasts for 2013 of around £129.8m – £151m. 

Fallers: 

Premier Oil -5.91%

Oil and gas exploration company, Premier Oil, has today revealed oil production is in the middle of its guidance with production on average of 58,200 barrels of oil a day throughout 2013. Chief Executive Simon Lockett has said: “2013 was a challenging year for Premier and the wider industry as a whole. It is however pleasing that production reached record levels towards the end of the year, that four new projects will achieve first oil and gas in 2014 and that our mid to longer-term projects, including Bream, Catcher and Sea Lion, have taken significant steps forward”. 

Dixons +3.31%

Electronics retailer Dixons has today reported a 3% rise in comparable sales for the period Nov 1 – Jan 4. The company also reported internet-led sales up by 23%. 

Games Workshop Group -24.10%

Games Workshop Group has today reported a fall in H1 pretax profit by 31% however the company added costs are under control with margins staying positive. For the 6 months to 31 Dec, company revenues were to £60.5m, down from £67.5m a year earlier.