The Morning news update with Tesco, Perform Group and Seeing Machines

FTSE 100

Britsh Land (BLND) – announces six new lettings at Gallagher Retail Park in Cheltenham which have taken occupancy at the park to 99%.

Tesco (TSCO) – profits warning. Now expects trading profit for 2014/15 to be in the range of £2.4 billion to £2.5 billion. Reduces interim dividend by 75%.

SABMiller (SAB) – wholly owned subsidiary, SABSA Holdings Limited, has now completed the disposal of its entire shareholding in Tsogo Sun Holdings.

FTSE 250

Restaurant Group (RTN) – Profit before tax increased by 12.3% to £33.7 million in the 26 weeks to 29th June, dividend up by 16% at 6.1p per share.

bwin.party digital (BPTY) – posts an operating loss of €100.4 million for the six months to June, half year dividend up 5% to 1.89p per share.

Perform Group (PER) – adjusted pre-tax profits down by 17% at £8.73 million in the six months to June.

Small caps

Seeing Machines (SEE) – posts a loss of A$2.7 million fir the year to June.

Zoo Digital (ZOO) – posts an adjusted operating loss of $2.1 million for the year to March.

Sweett Group (CSG) – is trading in line with expectations, the current order book stands at approximately £107 million.

Pan African Resources (PAF) – expects its 2014 full year earnings per share in both South African Rand and Pound Sterling terms to be over 20% lower than the EPS for the year ended 30th June 2013.

Chesnara (CSN) – profit before tax increased by 25.7% for the six months ended 30 June 2014 to £27.4 million, interim dividend up by 2.7% at 6.42p per share.