Global road infrastructure safety maker Hill & Smith said it expected annual operating profit from continuing operations to be ahead of the top end of current analyst consensus.
CMC Markets said on Wednesday that net operating income was tracking in line with market expectations for the year ending 31 March 2023 and that it remains on course to deliver its strategic growth objectives.
London stocks were set for a muted open on Wednesday following a mixed US session.
JD Wetherspoon reported a jump in first-half sales on Wednesday, although they remain below pre-pandemic levels.
London pre-open The FTSE 100 was called to open five points higher at 7,762.
An Australian-based startup, Recharge Industries, has made a nonbinding offer for the collapsed UK battery company Britishvolt that could revive plans to construct a large plant in northern England. The bid was lodged in the UK late on Tuesday, shortly after a cash crunch at Britishvolt sent the company into administration. The collapse has severely dented the country’s attempts to modernise its automotive industry and supply the next generation of UK-built electric vehicles.
Airline stocks paced gains among cyclicals in a mixed day for the stock market on the back of ongoing optimism around the continuing recovery in demand after the pandemic.
Wall Street stocks put on a mixed performance on Tuesday as traders digested an onslaught of earnings from some of the nation's biggest firms.