UK Stocks-Factors to watch on Nov. 7 (updated)
07/11/2024 07:57
(Adds new items, updates futures)
Nov 7 (Reuters) - Britain's FTSE 100 .FTSE index is
seen opening higher on Thursday, with futures FFIc1 up 0.5%.
* ROLLS-ROYCE: Britain's Rolls-Royce RR.L stuck to
guidance for annual profit growth of at least 30% this year as
its airline customers flew more.
* SAINSBURY'S: British supermarket group Sainsbury's
SBRY.L kept its forecast for full-year profit growth of up to
10% as it reported a 3.7% rise for the first half.
* NATIONAL GRID: Britain's National Grid NG.L posted
14% increase in first-half underlying profit, helped by higher
UK electricity transmission revenue and better rates at its New
York businesses.
* BT: BT BT.L , Britain's biggest broadband and mobile
company, reduced its full-year revenue forecast from broadly
flat to down 1-2%.
* TAYLOR WIMPEY: UK homebuilder Taylor Wimpey TW.L said
there has been an improvement so far in the second half of the
fiscal year and retained annual earnings outlook.
* WIZZ AIR: Wizz Air WIZZ.L posted a 33.2% drop in
operating profit for the first half of the year.
* HISCOX: British insurer Hiscox HSX.L , posted a rise
in premiums written for the first nine months of the year.
* S4: Martin Sorrell's ad group S4 Capital SFOR.L
warned on profit and said its 2024 like-for-like net revenue
will be down by low double digits.
* HELIOS TOWERS: Helios Towers HTWS.L expects
full-year adjusted core earnings of about $420 million, at the
higher end of its previous guidance range, it said.
* CAB PAYMENTS: CAB Payments CABP.L , a cross-border
payments processor, said it would drive "attractive, sustainable
growth" from 2025 after U.S. rival StoneX Group SNEX.O pulled
out of takeover talks.
* HARBOUR ENERGY: Britain's Harbour Energy HBR.L
raised its 2024 production forecast by 1% at midpoint.
* For more on the factors affecting European stocks, please
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(Reporting by Prerna Bedi and DhanushVignesh Babu in Bengaluru)
((Prerna.Bedi@thomsonreuters.com; +91 98052 24616;))