Home
Investment
News & Views
Market Reports
FTSE 100 movers: Bumper results boost GFS
Mon, 01 Dec, 2008
INVESTMENT NEWS
Company Search
Search QCK.COM
Investment Home
News & Views
Top Stories
Charting
Company Search
Watchlist
Market Reports
Market Buzz
Company News
Economic News
New Issues
FTSE 100 movers: Bumper results boost GFS
Wed, 27 Aug 2008, 14:11:00
More Chart Options
Related Market Prices
Name
Value
Percent
Change
G4S
202.75p
+1.38%
Antofagasta
432.00p
-6.49%
Enterprise Inns
66.50p
-4.32%
Petrofac Ltd
338.50p
+0.52%
Related Articles
London close: Late rally helps Footsie to record week
Fri, 28 Nov 2008
London afternoon: Subdued mood endures
Fri, 28 Nov 2008
London midday: Footsie flat after quiet morning
Fri, 28 Nov 2008
Sector movers: Miners in a hole
Fri, 28 Nov 2008
London midmorning: Footsie looking for direction
Fri, 28 Nov 2008
On a huge couple of days for results, those companies producing the goods are leading the Footsie.<br /><br />Business is booming for security group <b>G4S</b>, with both sales and profits well ahead in the first half of 2008. First half sales rose by 19.3% to £2.7bn (2007:£2.26bn)with organic growth of 10.5%. Underlying profits rose by 19.4% to £174.8m, from £146.4m, with pre-tax profits up from £96m to £109.4m.<br /><br />Oil and gas facilities service provider <b>Petrofac</b> reported a 31% rise in half year profit and expects to post full year results at the top end of market expectations. Strong demand helped underlying profit rise to $179.2m in the six months ended 30 June, from $137.3m the year before. Revenue was up 49% at $1.6bn. Full year net profit should be between $228m and $262m, Petrofac said in its statement. <br /><br />Chile-focused copper miner <b>Antofagasta</b> enjoyed a better than expected 8.8% rise in net income during the first half thanks to increased copper production and better prices. Net income for the six months ended 30 June rose to $792.8m from $728.4m a year ago on turnover up nearly 24% to $2.41bn. Pre-tax profit jumped 15.3% to $1.66bn.<br /><br /><b>Enterprise Inn</b> topped the fallers after JP Morgan Cazenove downgrades Britain's second-biggest pubs group to "underperform" from "neutral". The broker cut its 2009 earnings forecasts by 9% "to reflect the ongoing weakness in the beer market and consequent pressure on licensees." <br /><br /><b>FTSE 100 - Risers</b><br />Petrofac Ltd (PFC) 620.50p +4.73%<br />G4S (GFS) 221.25p +4.61%<br />Cairn Energy (CNE) 2,891.00p +3.99%<br />Antofagasta (ANTO) 590.00p +3.51%<br />London Stock Exchange Group (LSE) 758.50p +3.41%<br />Vedanta Resources (VED) 1,835.00p +2.86%<br />Eurasian Natural Resources (ENRC) 1,029.00p +2.80%<br />Kazakhmys (KAZ) 1,347.00p +2.75%<br /><br /><b>FTSE 100 - Fallers</b><br />Enterprise Inns (ETI) 300.75p -6.45%<br />Admiral Group (ADM) 922.00p -3.91%<br />Liberty International (LII) 965.00p -3.06%<br />Next (NXT) 1,012.00p -2.97%<br />British Land Co (BLND) 729.00p -2.34%<br />Marks & Spencer Group (MKS) 245.25p -2.10%<br />Kingfisher (KGF) 126.80p -2.08%<br />Wolseley (WOS) 414.25p -2.07%<br /><br />
©2004-2006 QCK.com
Tax Guides
|
Top 10 Tips
|
Financial News
|
Sitemap
|
Terms
|
About us
|
Contact
