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Howden Joinery H1 profits, revenue ahead of pre-Covid levels
Howden Joinery posted a jump in first-half profit and revenue on Thursday as it said it was trading "well ahead" of pre-Covid levels and backed its outlook for the year.
Ocado swings to H1 loss as retail EBITDA drops
Online grocer Ocado said on Thursday that it had swung to an underlying loss in the six months ended 29 May, principally due to a £72. 8m drop in retail EBITDA as a result of lower sales and cost inflation.
Ocado swings to loss in H1, SSE 'slightly' exceeds Q1 expectations
London pre-open The FTSE 100 was being called to open just 0. 5 points higher ahead of the bell on Thursday after closing out the previous session 0. 44% softer at 7,264. 31.
Dunelm FY pre-tax profit seen 'slightly' ahead of consensus views
Homeware retailer Dunelm said on Thursday that full-year pre-tax profit was set to be "slightly" ahead of analyst consensus as it hailed a solid performance in the fourth quarter despite tough comparatives.
SSE Q1 trading 'slightly' exceeds expectations, FY guidance reaffirmed
Energy provider SSE said on Thursday that its first-quarter trading performance had "slightly exceeded" internal expectations, leading the group to reaffirm its full-year guidance for adjusted earnings per share of at least 120. 0p.
London pre-open: Stocks seen muted ahead of ECB announcement
London stocks were set to nudge down at the open on Thursday as investors eye the latest policy announcement from the European Central Bank.
Thursday newspaper round-up: Tesla, insurance scams, Gatwick
Tesla’s second quarter of 2022 came to a shaky end as the electric carmaker reported a drop in profit after it struggled to meet demand due to a shutdown of its Shanghai factory and production challenges at new plants. The company also sold 75% of its bitcoin holdings, leading to a slide in the cryptocurrency price. Tesla’s second-quarter profit fell 32% from record levels in the first quarter, with the company reporting a $2. 26bn net profit on Wednesday. – Guardian.