Risers and fallers – 16/12/13

Risers: 

Aggreko PLC +6.00%

Power and temperature control supplier, Aggreko, has revealed this morning they expect FY results to be ahead of expectations with 2013 revenue to be around 3% higher. This translated to figures should see the group reporting revenue figures of £1.17bln and pretax profit of £335m. This positive news has driven Aggreko to the top of the FTSE 100 during Monday morning trading, up 6%. 

RPC Group +3.54%

Rigid plastic packaging supplier, RPC Group, has today announced a £103.5m deal for the acquisition of Maynard & Harris Group. M&H, who manufactures plastic bottle closures, jar and flexible tubes, employs 700 people and has reported £76.7m in revenue for the year ending April 2013. RPC Group expects the acquisition to boost their earnings for the next financial year (March 2015). 

Synergy Health +4.40%

Synergy Health has today announced that they have won six contracts in the American Region. These include two Reusable Surgical Solutions contracts, two Hospital Sterilisation Service contracts and two Applied Sterilisation Technology contracts which in aggregate total £230m. 

Retroscreen Virology +16.91%

Drugs and vaccine developer, Retroscreen Virology, has announced they expect FY revenue to be notably higher than market expectations. The company expects year end (Dec 31) revenue to be in excess of £27m in comparison to £14.4m a year ago.  

Keywords Studios +7.96%

Keywords Studios has confirmed this morning they expect revenue and profit for 2013 will be in line with market expectations. The video games service provider has said this is due to successful launches of both the PlayStation 4 and the Xbox One consoles. 

Fallers: 

UBM PLC -4.26%

Marketing and communications company, UBM, has said 2014 revenue will reflect the devaluation of major trading currencies as “over 85% of our revenues are generated in currencies other than the Pound”, the company has said. With that said, the company expects 2013 revenue of £800m to be in line with market expectations. 

Brightside Group -20.00%

Insurance broker, Brightside Group, has reduced its 2013 earnings by 20% this morning due to capacity constraints on its online business. The company has said Southern Rock Insurance has had an impact on this reduction. 

Europa Oil & Gas -19.67%

Europa Oil & Gas has today conditionally raised £4.02m through the issue of 47,694,665 new ordinary shares at an issue price of 6p each. The funds raised will be used on its upcoming projects and work programmes. 

Eredene Capital -11.39%

Indian infrastructure investor, Eredene Capital, has today reported a 20.4% fall in net asset value per share to 13.3p during the HY ended Sept 30. This has been due to adverse movements in the Indian Rupee / Pound Sterling. The company has today also revealed they will be handing over the ongoing management of its London operations to Ocean Dial in a move to cut costs. 

Cohort PLC -9.52%

Cohort PLC has reported a drop in H1 profit in the six-months ended Oct 31 however has revealed they expect H2 results to be much stronger. Pretax profit for H1 was £1.9m in comparison to £4.3m a year ago.