Defence products manufacturer Avon Technologies said on Friday that Q1 trading was in line with expectations and that its outlook for the FY remained consistent with previous guidance.
European markets on Friday strode into record territory at the open again as investors welcomed the latest rate cut from the European Central Bank and dovish comments from the central bank’s president Christine Lagarde.
James Halstead said it expects to hit market forecasts with its full-year forecasts, though increased confidence in international markets has been offset by subdued activity in its core UK market.
Tritax Big Box reported a strong 2024 operational performance in an update on Friday, having secured £22. 7m in additional contracted rent, including one of the UK’s largest pre-lets of the year - a one million square foot facility leased to a global e-commerce company.
Tribal Group's share price surged on Friday morning after the education tech and services group delivered a bullish fourth-quarter trading update and confident outlook for 2025.
Shares in Smiths Group surged on Friday after the engineering business said it was selling its electronic connectors unit and would demerge or offload the detection operation as part of a strategic review that includes extending its share buyback to £500m.
London stocks edged up in early trade on Friday, taking their cue from a positive session on Wall Street, as investors mulled house price data from Nationwide and eyed the latest US inflation reading.
Octopus Renewables Infrastructure Trust reported a slight fall in net asset value (NAV) for the fourth quarter on Friday, but increased its dividend guidance for 2025.
Growth in UK house prices eased in January, according to figures released on Friday by Nationwide.
London open The FTSE 100 is expected to open 20 points higher on Friday, having closed up 1. 04% on Thursday at 8,646. 88.
Retail sales in Germany unexpectedly dropped by their most in more than two years in December, according to the Federal Statistical Office (Destatis) on Friday.
London stocks were set to rise at the open on Friday following a positive close on Wall Street, as investors mulled the latest house price data from Nationwide.
Apple slightly beat analysts’ expectations in its first-quarter earnings for fiscal year 2025 on Thursday. The iPhone-maker’s revenue rose by 4%, coming in at $124. 30bn, barely above estimates of $124. 12bn. Earnings per share were $2. 40, just ahead of analysts’ expectations of $2. 35. Shares rose more than 8% in extended trading after CEO Tim Cook indicated in an earnings call on Thursday that Apple is on the trajectory for revenue growth next quarter. – Guardian.
Major indices turned in a positive session on Thursday as market participants digested quarterly earnings from several big-name tech firms.