FTSE 250 movers: Spectris leads the way after mixed results

The FTSE 250 was up slightly in early afternoon trade as markets tailed off their earlier highs. At 1415 GMT the midcap index was up 0.24% at 15,765 points.

Spectris led the risers after positing full-year results that revealed mixed global conditions made 2015 a rocky ride, showing increased sales, but depressed earnings.

The firm, focused on productivity-enhancing instruments and controls, saw sales grow by 3% at constant exchange rates to £1.19bn.

Shares in Bank of Georgia holding company, BGEO jumped as the company posted a 29% rise in 2015 profits to £87.6m boosted by a record revenues from its healthcare and banking businesses.

Revenues were up 39.6% to 751.3m Georgian laris (GEL), or £202m, while earnings per share rose 18% to GEL 7.93 (223p).

Among the fallers was Amec Foster Wheeler after HSBC rated the stock a 'hold' on Monday, while specialist engineer Renishaw was still feeling the effects of the Asian slowdown.

FTSE 250 - Risers

Spectris (SXS) 1,635.00p 7.92%
International Personal Finance (IPF) 241.90p 5.73%
BGEO Group (BGEO) 1,822.00p 5.56%
Interserve (IRV) 380.50p 4.99%
Telecom Plus (TEP) 869.00p 4.83%
Just Retirement Group (JRG) 125.00p 3.73%
Ladbrokes (LAD) 120.80p 3.51%
Zoopla Property Group (WI) (ZPLA) 221.80p 2.88%
PayPoint (PAY) 745.00p 2.12%
Just Eat (JE.) 355.70p 2.10%

FTSE 250 - Fallers

Amec Foster Wheeler (AMFW) 355.60p -6.00%
Jimmy Choo (CHOO) 121.20p -2.96%
Renishaw (RSW) 1,653.00p -2.76%
Enterprise Inns (ETI) 78.00p -2.50%
Man Group (EMG) 153.80p -2.47%
Genus (GNS) 1,416.00p -2.14%
TalkTalk Telecom Group (TALK) 201.00p -1.95%
Pennon Group (PNN) 813.00p -1.93%
Wood Group (John) (WG.) 574.50p -1.88%
Evraz (EVR) 69.90p -1.83%