FTSE 250 movers: Games Workshop surges; Dunelm drops
London’s FTSE 250 was up 0.1% at 17,619.45 in afternoon trade on Thursday.
Miniature wargames manufacturer Games Workshop surged after declaring a 50p a share dividend and saying trading in the three months to 30 August was ahead of the board’s expectations thanks to a solid performance from the online segment.
The company said current estimates show sales of around £90m during the period, up from £78m in the same period a year ago. Meanwhile, operating profit before royalty income is estimated at around £45m, up from £28m in 2019 and royalty income is expected to rise to £3m from £2m
Dixons Carphone rallied after saying it was considering a minority listing of its Nordics business and reporting strong trading supported by online sales.
Computacenter was up after Barclays lifted its price target on the stock, saying that higher demand for business continuity services appears to have become a structural trend for the company.
Going the other way, homewares retailer Dunelm fell as it reported a drop in full-year profit and revenue as it took a hit from the Covid-19 pandemic and subsequent closure of its stores.
FTSE 250 - Risers
Games Workshop Group (GAW) 9,705.00p 11.23%
TUI AG Reg Shs (DI) (TUI) 366.10p 7.64%
Dixons Carphone (DC.) 88.00p 7.45%
Carnival (CCL) 1,150.50p 5.16%
Go-Ahead Group (GOG) 708.50p 5.04%
Hochschild Mining (HOC) 240.20p 4.98%
Computacenter (CCC) 2,362.00p 4.05%
easyJet (EZJ) 607.00p 3.80%
ICG Enterprise Trust (ICGT) 822.00p 3.79%
Vistry Group (VTY) 618.00p 3.78%
FTSE 250 - Fallers
Dunelm Group (DNLM) 1,328.00p -9.23%
Cineworld Group (CINE) 50.16p -4.96%
Hammerson (HMSO) 24.42p -4.70%
Petrofac Ltd. (PFC) 137.70p -3.81%
Derwent London (DLN) 2,618.00p -3.68%
QinetiQ Group (QQ.) 271.60p -3.00%
Quilter (QLT) 134.50p -2.68%
Just Group (JUST) 49.00p -2.49%
Assura (AGR) 80.40p -2.19%
Essentra (ESNT) 286.00p -2.12%