Risers and fallers – 21/01/14

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2 mins. to read

Risers: 

Unilever +3.63%

Anglo-Dutch company, Unilever, has today reported profit of EUR4.84 billion for year ended Dec 31, a slight increase from EUR4.37 billion a year earlier. The company has however revealed full year sales are beginning to slow down. Sales in the company’s personal-care sector decreased to 7.3% from 10% which is the first time the company has reported a decrease in this sector for 6 years. 

African Barrick Gold +6.73%

UK based gold producer, African Barrick Gold, has today reported that gold production is to be ahead of its full year production even though Q4 production fell 8.5% to 165,374 ounces. Chief Executive Officer, Brad Gordan has said: “We comfortably exceeded the top end of our initial production guidance range for 2013 due to strong performances from North Mara and Buzwagi and saw cash costs come in 10% below the bottom of the initial cash cost guidance range”. 

Polymetal International +2.76%

Polymetal International has today revealed it has exceeded its 2013 output guidance by producing 1.28 million ounces of Gold, a 21% increase from last year. 

RTC Group +36.67%

Recruitment services provider, RTC Group, has today revealed pretax profit will be ahead of market expectations for year ended Dec 31. The pretax profit figures are better than expected due to more efficient expenses in the company’s admin and also better than expected gross margins. 

SDL PLC +11.20%

SDL PLX has today reported that its revenue will be ahead of market expectations for 2013. The revenue figures to be reported are expected to be between £265.8m – £266.3m and adjusted profit expected to be between £8m – £8.3m. Due to a recent re-structure in the company, reported figures are expected to be lower than last year.

 

Fallers: 

PZ Cussons -2.57%

Healthcare product producer, PZ Cussons, has today reported a 6.2% increase in H1 profit. Pretax profit was reported at £43.1m for the half year to Nov 30. The company is said to be trading in line with management expectations. 

Touchstone Gold -37.50%

Touchstone Gold has today reported the bad news that it will be unable to fulfil its payments to its vendors. The gold exploration company has recently been looking at various different financing alternatives to overcome this problem. 

Corero PLC -13.10%

Corero has today revealed it is expecting to report a consolidated EBITDA loss of $4.6m. The IT security specialist company also said they expect to report revenue of $16m.

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