Sports Direct International +5.38%
Sports Direct International is leading the FTSE 100 this morning after the group posted a 14.6% rise in gross profit to £280.7m, up from £244.8m last year. The sports retailer also posted impressive sales figures of £655.4m, an 11.2% rise which has been directly influenced by bumper Christmas trading. Chief Executive Dave Forsey has said: “While we retain the ability to invest in margin, inventory and Group marketing to deliver long-term sustainable growth, the Board is very confident of achieving at least our full year internal underlying EBITDA target of £310m, before the charge for the Employee Bonus Share Scheme”.
Trading platform provider Plus500 has today reported full year pretax profit of $67.2m, a remarkable increase that is more than double of last year’s figure of $23.1m. After reporting the impressive results, shares rocketed over 20% with the company now trading at over 400p. Revenue was reported at $115.1m, up from £56.1m a year earlier.
Mondi PLC +1.64%
Paper and packaging specialists Mondi PLC has today revealed they expect underlying operating profit to be ahead of last year’s figure of EUR574m. Earnings per share are set to be around 77 – 82 cents for the year ended December 31.
Galliford Try +2.06%
Galliford Try PLC has today reported an 18% increase in pretax profit to £38.1m for the half year to Dec 31 2013. Revenue was also up, reported at £803.5m in comparison to £678.3m.
24/7 Gaming Group Holdings -23.68%
Gaming specialists 24/7 Gaming Group has today revealed it has raised £502,000 via the subscription of 16.7m shares at 3p each. The group will use the capital raised to continue growing the business.
Feedback PLC -16.67%
Shares are down over 16% this morning after Feedback PLC posted a pretax loss of £122,000 for the six months to Nov 30. The loss has however narrowed from last years reported figure of £298m.
Motive Television PLC -13.00%
Television technology provider, Motive Television PLC, has today revealed it has raised £775,000 via the placing of 3.9m ordinary shares at 0.02p each. The funds raised will be used for marketing and to patent its technology.