UK Stocks-Factors to watch on Jan 28 (updated)
28/01/2025 07:53
(Adds new items, updates futures)
Jan 28 (Reuters) - Britain's FTSE 100 .FTSE index is
seen opening higher on Tuesday, with futures FFIc1 up 0.19%.
* RENTOKIL: British pest control firm Rentokil Initial
RTO.L said its organic revenue grew 3% in the fourth quarter
with faster growth in North America compared with the previous
quarter, as moves to overhaul the business began to pay off.
* HALFORDS: British bicycle and car products retailer
Halfords HFD.L forecast annual profit expectations above
analysts' estimates after sales momentum at its stores continued
into the holiday quarter.
* PETS AT HOME: Britain's Pets at Home Group PETSP.L said
its third-quarter revenue fell slightly from a year earlier,
hurt by weak demand for its pet accessories such as collars and
bedding.
* FOXTONS: Britain's Foxtons Group FOXT.L said its 2024
revenue and operating profit were ahead of market expectations,
partly helped by the growth in the real estate agent's lettings
business.
* SSP: SSP Group SSPG.L , which operates food outlets at
airports and train stations globally, reported a 14% rise in
first-quarter sales, boosted by robust travel demand, and left
its full-year forecast unchanged.
* WICKES: British home improvement retailer Wickes WIX.L
estimated that its 2024 profit would be at the higher end of
market expectations, helped by strong demand for garden
project-related equipment and for interior paint.
* BAE SYSTEMS: Britain has awarded a 285-million-pound
($354.45 million) contract to London-listed BAE Systems BAES.L
to upgrade the Ministry of Defence's Royal Navy combat systems,
the government said.
* OIL: Oil prices ticked up but hovered near a two-week low.
* GOLD: Gold held steady on Tuesday.
* METALS: London copper prices extended their declines to a
more-than-two-week low.
* For more on the factors affecting European stocks, please
click on: LIVE/
TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB
($1 = 0.8041 pounds)
(Reporting by DhanushVignesh Babu in Bengaluru)
((DhanushVignesh.Babu@thomsonreuters.com;))