Fluidra rises on 'solid' H1 results
BUZZ-Fluidra rises on 'solid' H1 results ** Shares in Fluidra FLUI.MC rise about 3% after the company reported solid half-year results and announced a share buyback programme
** J.P. Morgan said the overall results were mixed but solid against low expectations, given the recent major profit warning by U.S. peer Pentair PNR.N
** "While the gross margin was stable year-on-year, there was a sequential improvement in Q2," the broker said
** It sees the buyback announcement as a positive development in terms of shareholder returns
(Reporting by Gemma Guasch)