Market Pulse
Pets at Home maintains FY guidance, hails 'resilient' start to year
Pets at Home maintained its full-year guidance on Thursday as it hailed a "resilient" start to the year.
Capital & Regional raises dividend after strong first half
Shopping centre real estate investment trust Capital & Regional reported a strong set of first-half financial results on Thursday, marked by a 17. 1% increase in net rental income (NRI) to £13. 7m.
Asia report: Stocks mixed after Fed decision, China factory data
Asia-Pacific markets experienced a mixed performance on Thursday as investors digested comments from US Federal Reserve chair Jerome Powell overnight, who hinted at a potential rate cut in September, contingent on favourable inflation data.
Wizz Air lowers FY guidance, Q1 profits disappoint
Low-cost carrier Wizz Air slashed full-year guidance on Thursday as it revealed Q1 profits had nearly halved.
Robert Walters swings to first-half loss amid ‘challenging’ markets
Recruiter Robert Walters said on Thursday that it swung to a loss in the first half amid challenging conditions.
LSEG reports consistent business-wide first-half growth
London Stock Exchange Group (LSEG) reported consistent growth across its divisions in its interim results on Thursday, alongside improved profitability and significant shareholder returns.
UK factory growth hits two-year high in July
Production in the UK manufacturing sector grew in July at its fastest pace since February 2022, according to a survey released on Thursday.
Haleon H1 profits grow despite revenue contraction
Consumer healthcare business Haleon said on Thursday that profits had grown in the six months ended 30 June, driven by solid H1 sales of its vitamins and oral health products.
Rolls-Royce lifts FY profit guidance after strong first half
Rolls-Royce lifted its full-year profit guidance on Thursday as it hailed a strong first half and said it was reinstating dividends.
Melrose beats first-half forecasts but warns of supply challenges
Aerospace group Melrose Industries reported a strong set of first-half results on Thursday, ahead of its expectations, with adjusted operating profit up 62% to £247m, although it adjusted its 2025 revenue targets amid “industry-wide” supply chain challenges.
Elementis lifts FY outlook after 'strong' first half
Elementis lifted its full-year outlook on Thursday as it hailed a "strong" first-half delivery and announced a strategic review of its talc business.
Schroders shares slide despite record high assets under management
Shares in Schroders were sliding on Thursday morning even after it announced a record high assets under management (AUM) of £773. 7bn in its half-year results, up from £726. 1bn a year earlier.
Eurozone manufacturing sector remains in contraction
The eurozone manufacturing sector remained in contraction territory in July, according to a survey released on Thursday.
Vanquis Banking H1 losses widen amid transformation efforts
Sub-prime lender Vanquis Banking said on Thursday that interim losses had widened even as it made "good progress" on its transformation efforts.
Europe open: Stocks in the red as car makers slump
European stocks fell in early trade on Thursday, dragged lower by weak performances from the likes of BMW, Volkswagen and Societe Generale.
Next raises profit guidance after strong first half
Next raised its profit guidance for the full year by £20m to £980m on Thursday, representing a 6. 7% increase compared to last year, following a robust sales performance in the first half.
Vesuvius lowers full-year expectations
Vesuvius tumbled on Thursday after it said end markets were weaker than expected in the first half and that full-year headline trading profit was set to be "only slightly ahead" of last year on a constant currency basis.
Smith & Nephew H1 profits come in ahead of expectations
Medical equipment manufacturer Smith & Nephew said on Thursday that interim profits had come in ahead of market expectations, thanks in no small part to the company's 12-point turnaround plan.
London open: FTSE nudges up ahead of BoE, amid earnings barrage
London stocks nudged higher in early trade on Thursday as investors waded through a deluge of corporate news and eyed the latest policy announcement from the Bank of England.
BAE Systems lifts full-year guidance as H1 earnings rise
Defence and aerospace firm BAE Systems lifted its full-year guidance on Thursday as it posted a jump in underlying sales and earnings for the first half.