Market Pulse
Revolution Bars exploring options including sale
Revolution Bars confirmed on Tuesday that it is exploring strategic options, including the potential sale of all or part of the group.
Flutter losses widen on one-off costs but revenues boosted by US
Paddy Power owner Flutter Entertainment posted a widening of its full-year losses on Tuesday due to one-off costs, but revenue surged and the company guided to 30% growth in 2024 core profit thanks to a strong performance in the US.
Petershill Partners confident despite slide in income and profits
Petershill Partners reported an adjusted profit after tax of $200m in its preliminary results on Monday, down from $273m year-on-year.
London open: FTSE edges lower amid 'wait and see' mood
London stocks edged lower in early trade on Tuesday following a downbeat close on Wall Street, as investors eyed a key US inflation reading due later in the week.
Ocado Retail sees strong first-quarter growth
Ocado Group reported strong trading at its Ocado Retail venture in the first quarter on Tuesday, with an 8. 1% year-on-year increase in total item volumes propelling retail revenue to £645. 3m, itself up 10. 6%.
Pets at Home backs FY profit expectations
Pets at Home backed its full-year profit guidance on Tuesday as fourth-quarter trends have been as expected.
London pre-open: Stocks seen lower after negative US close
London stocks were set to fall at the open on Tuesday following a downbeat close on Wall Street.
Tuesday newspaper round-up: Amanda Staveley, ITV, Bidstack
Are 200,000 jobs really supported by the oil and gas industry in the North Sea? Campaigners and MPs are questioning the longstanding government claim. Ministers have repeatedly used the 200,000 jobs figure as justification for pushing ahead with more fossil fuel developments despite the escalating climate crisis and widespread opposition from scientists and energy experts. – Guardian.