By Natasha Roberts
Date: Friday 22 Aug 2014
LONDON (ShareCast) - Hellermanntyton, the cable ties specialist, rose after it said that revenues in the first half grew strongly at constant currency, helped by double-digit growth in each of its geographies. However, gains were limited after profits came in shy of analysts' expectations.
Oil explorer Premier Oil recovered from Thursday's losses which came after it said it had seen a sharp reduction in pre-tax profit in the first half due to impairments.
Halfords was knocked into the red by Barclays, which downgraded the cycle and bike parts retailer to 'underweight' on Friday, with a 400p target price.
Bank of Georgia fell despite hailing a record first half with revenues and profits improving over the year. The bank, which has more than a third of the market share in Georgia based on total assets, said revenue rose 7.3% to 281.5m lari in the six months to 30 June, equal to around £98m.
FTSE 250 - Risers
ITE Group (ITE) 202.40p +3.74%
COLT Group SA (COLT) 144.90p +3.50%
Essentra (ESNT) 856.50p +3.44%
Bovis Homes Group (BVS) 878.00p +2.87%
Lonmin (LMI) 218.90p +2.82%
Fidessa Group (FDSA) 2,313.00p +2.80%
Rentokil Initial (RTO) 127.80p +2.65%
RPS Group (RPS) 275.90p +2.37%
Premier Oil (PMO) 342.60p +2.36%
Hellermanntyton Group (HTY) 308.00p +2.29%
FTSE 250 - Fallers
IG Group Holdings (IGG) 599.50p -3.07%
Computacenter (CCC) 614.00p -2.23%
Exova Group (EXO) 215.20p -2.18%
Supergroup (SGP) 1,102.00p -2.13%
African Barrick Gold (ABG) 234.70p -2.05%
Polymetal International (POLY) 510.50p -2.02%
Halfords Group (HFD) 486.30p -1.90%
Oxford Instruments (OXIG) 1,188.00p -1.66%
Vedanta Resources (VED) 1,010.00p -1.66%
Hays (HAS) 126.90p -1.63%
NR
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