Market Pulse
ConvaTec reiterates guidance after first-half revenue growth
Woundcare and medical products and technology specialist ConvaTec announced a robust set of interim results on Tuesday, with broad-based organic revenue growth of 6. 6%.
Croda cuts full-year profit outlook
Chemicals company Croda cut its full-year profit outlook on Tuesday as it pointed to a weaker-than-expected performance in life sciences, with continued destocking in crop protection and consumer health.
Senior inks five-year supply deal with Rolls-Royce
Components and systems manufacturer Senior announced a significant five-year contract with Rolls-Royce on Tuesday.
Greggs benefits from expanded range as interim profits rise
Bakery chain Greggs lifted its interim dividend on Tuesday as it reported a jump in profit and revenue as it benefited from an expanded food and drinks range.
Diageo profits hit by weaker performance in Latin America, Caribbean
Diageo reported a drop in full-year organic operating profit on Tuesday as it pointed to a weaker performance in Latin America and the Caribbean (LAC).
London pre-open: Stocks seen flat amid earnings barrage
London stocks were set for a flat open on Tuesday as investors mulled the latest retail inflation data and braced for a barrage of earnings from the likes of BP, Standard Chartered and Diageo.
Tuesday newspaper round-up: House prices, Ofgem, NatWest
House prices are expected to rise over the second half of the year across the UK, according to a forecast, with the market bolstered by more people selling their homes. Prices are likely to increase by 2% towards the end of 2024, Zoopla has predicted. The improved outlook for the housing market was the result of an increased number of homes for sale, the property portal said. The number of sales agreed in the four weeks to 21 July was 16% higher than the same period a year ago and the average estate agent had more homes for sale than at any point in the past six years.