FTSE 250 movers: AG Barr fizzes; RS Group fails to spark
By Frank Prenesti
Date: Tuesday 28 Jan 2025
(Sharecast News) - FTSE 250 (MCX) 20,583.16 1.05%
SSP Group was in the black as the travel food outlet operator held annual guidance after like-for-like sales grew 6% in the first quarter driven by continued structural growth across the travel industry around the world.
Computacenter rose as it hailed a record second-half performance but also said pre-tax profit for 2024 was set to be at the low end of the range of analysts' forecasts.
Pets at Home was up as it backed its full-year guidance but reported a dip in third-quarter revenue as it pointed to a softer performance from its retail business.
Irn-Bru maker AG Barr was also higher as it reported a jump in full-year sales and profits.
WH Smith gained on news the company was looking to offload is high street store chain.
Industrial and electrical products distributor RS Group slumped as it said full-year profit would be at the bottom end of guidance after third-quarter revenues fell 3% due to declining output and falling business confidence among European customers.
SThree lost ground as the recruiter posted a slide in fees and earnings and warned of a tough year to come, as it continued to battle a weakened jobs market.
Market Movers
FTSE 250 - Risers
Oxford Nanopore Technologies (ONT) 147.20p 7.29%
Barr (A.G.) (BAG) 624.00p 7.03%
Pets at Home Group (PETS) 224.00p 6.46%
Computacenter (CCC) 2,232.00p 5.68%
WH Smith (SMWH) 1,203.00p 4.88%
Foresight Group Holdings Limited NPV (FSG) 381.00p 3.81%
Currys (CURY) 90.20p 3.80%
Ashmore Group (ASHM) 168.60p 3.69%
SSP Group (SSPG) 177.40p 3.50%
Frasers Group (FRAS) 618.50p 3.34%
FTSE 250 - Fallers
SThree (STEM) 274.00p -3.86%
Softcat (SCT) 1,478.00p -2.89%
Burberry Group (BRBY) 1,110.00p -2.03%
RS Group (RS1) 666.00p -1.04%
Bluefield Solar Income Fund Limited (BSIF) 83.30p -0.95%
Hochschild Mining (HOC) 170.40p -0.93%
NB Private Equity Partners Ltd. (NBPE) 1,514.00p -0.92%
Harbour Energy (HBR) 239.90p -0.66%
Herald Investment Trust (HRI) 2,315.00p -0.64%
HarbourVest Global Private Equity Limited A Shs (HVPE) 2,540.00p -0.59%
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