This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.
The below stocks have been identified as having potential to register bigger than normal share price moves (up or down) today based on the news cited
United Utilities Group PLC (UU.L) – Reported adjusted pretax profit for the year at £370m, 1.2% above £365.7m which was the average analyst estimate. Operating profit was also marginally higher than forecasts, with revenue in line with expectations. Closing price 805.20p (Bloomberg)
Mediclinic International PLC (MDCM.L) - Reported adjusted earnings of £515m for the full year, slightly higher than the average analyst estimates of £513.2m, although it reported an operating loss of £288m against expectations of profit of £363m, their capital expenditure is also set to increase by 18% to £289m. Closing price 679.00p (Bloomberg)
Talk Talk Telecom Group PLC (TALK.L) – Added 109,000 subscribers in Q4 2017, its best ever quarterly net add. Full-year earnings, fell 35% to £233m. The company also announced the sale of its direct business-to-business unit to Daisy Group for £175m. Closing price 121.60p (Bloomberg / Reuters)
Wizz Air Holdings PLC (WIZZ.L) – Posted a 22% hike in annual profit issuing forward guidance profit would grow by at least 13% to €310m-€340m in its current financial year. Cheap ticket prices continued to stimulate the market in eastern Europe. Reporting net profit of €275m, at the higher end of a guided range of €265-280m in the 12 months to March 31. Closing price 3146.00p (Reuters)
Kingfisher PLC (KGF.L) –Saw its sales in Q2 severely dented by unusually adverse weather conditions in March which impacted shopper footfall. Like for Like sales fell 9% at B&Q, screfix sales dropped 3.6%, falling further than analysts’ forecasts for both. Overall group sales fell 4% and 3%. Closing price 295.70p (Reuters)
(Sources: Company newswires, Bloomberg, CNBC, FT, Reuters, Wall Street Journal)
For more information on any of these individual news items, call into the trading floor
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