Full year earnings news from Experian saw the company’s share price jump higher on Wednesday morning, as management noted growth had been at the top end of expectations and the medium term outlook has been revised too. Current levels of performance are expected to be maintained, shareholders have received a 7% increase in the total dividend for the year. Shares stood around 8% higher just over an hour into the day.
The UK-based supplier to the oil and gas industry saw its shares move ahead this morning following news of a $145m deal with Kuwait Oil Company. Revenues from this will start being recognised in the current financial year and given the quantum of the order, management note that EBITDA for FY24 will now be at the top end of previously guided expectations. This news takes the company’s total order book to $665m, in turn going some way to justifying the 21% rise in share price in early trade as it topped the FTSE-250
FTSE-250 geotechnical contractor Keller published a trading update ahead of the company AGM today, noting that strong momentum means full year performance will now be materially ahead of the board’s previous expectations. The North American market was singled out for its upbeat performance, with interim results set to be published in early August. Shares were 15% higher in early trade.
Headlines we expect on Thursday
BT Group Final Results
This time last year Revenue £20.7bn, Full year dividend 7.7p, FTTP connections 1.7m
Premier Foods Final Results
This time last year Revenue £1006.4m, Trading profit £157.5m, Dividend 1.44p
