The morning news update with IMI, Genus and Stanley Gibbons

By
1 mins. to read

FTSE 100

IMI (IMI) – Overall results for the year are still expected to be broadly in line with current market expectations, despite market conditions being more difficult than anticipated particularly in Germany. Also announces the proposed acquisition of B&R Holding for an enterprise value of €152.6 million.

Aggreko (AGK) – Trading since the interim results in August has been in line with expectations. Underlying Group revenue in the third quarter was 6% ahead of the same period last year, with reported revenues significantly impacted by adverse currency movements, decreasing by 3%.

FTSE 250

Restaurant Group (RTN) – After 45 weeks trade in 2014, total sales are 10.3% ahead of the comparable period in 2013 and like-for-like sales are 3% ahead.

Genus (GNS) – performed in line with expectations in the period from 1st July to 13th November 2014.

Rotork (ROR) – Order intake for the third quarter was up 4.3% on the comparable period in 2013, with cumulative order intake to 26 October ahead 3.2% on last year.

Small caps

Stanley Gibbons (SGI) – adjusted profit before tax up by 307% to £5.3 million in the six months to September.

EMED Mining (EMED) – posts a loss of 4 million euros for the three months to September.

Snacktime (SNAK) – shares restored to trading on AIM after publication of accounts.

Avation (AVAP) – has entered into a Letter of Intent, secured finance and received deposits to lease two new ATR 72-600 aircraft.

Comments (0)

Comments are closed.