This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.
The below stocks have been identified as having potential to register bigger than normal share price moves (up or down) today based on the news cited
Severn Trent (SVT.L) – Posted a 5.8% drop in H1 pre-tax profit to £141.3m, after operating costs rose due to the adoption of private drains and sewers. Analysts expect the company to post FY pre-tax profit of £265.5m. Closing Price 1785.00p (Reuters)
Britvic (BVIC.L) – FY revenue rose 4.4% to £1.32bn. Final dividend up 4.8% to 13p p/sh. Total dividend up 4% to 18.4p p/sh. Strong EBITA growth of 18.4% to £137.9m with a 120bps improvement in margin. Agreement with Pepsico Americas beverages for 15 year bottling agreement for manufacturing & distribution in US. Closing Price 607.00p (Reuters)
Mitchells & Butlers (MAB.L) – FY pretax profit £150m vs. £83m year ago. Basic EPS 32.9p (FY 2012: 17.1 pence) L-f-L sales growth of 0.4%. L-f-L sales up 0.1% in the first 8 weeks of FY 2014. Well placed to deliver sustainable profit growth and shareholder value in the future. Closing Price 391.00p (Reuters)
De La Rue (DLAR.L) – Posted an 18% rise in H1 operating profit. Reported an operating profit of £39.1m on revenue 5% lower at £234m and kept the interim dividend at 14.1p p/sh. Reiterated its belief that it would deliver an operating profit of £90m in 2013/14, lower than the £100m target it set in its three year improvement plan introduced in 2010/11. Closing Price 837.00p (Reuters)
For more information on any of these individual news items, call into the trading floor
| Stock | Code | Close | High | Low |
| Cranswick | CWK.L | 6.00% | 6.64% | 1.55% |
| Essar Energy | ESSR.L | -13.17% | 0.89% | -13.52% |
| Royal Bank of Scotland | RBS.L | 0.42% | 1.33% | 0.09% |
| Babcock International | BAB.L | -3.09% | -0.68% | -3.77% |
| Lloyds Banking Group | LLOY.L | 1.05% | 1.37% | 0.35% |
| Quintain Estates and Developments | QED.L | 1.60% | 2.41% | -1.34% |
| Randgold Resources | RRS.L | -3.37% | -0.94% | -4.08% |
| Fresnillo | FRES.L | -0.36% | 2.08% | -0.48% |
This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.
Accendo Markets considers opinions and information contained within the research to be valid when published, and gives no warranty as to the investments referred to in this material. The income from the investments referred to may go down as well as up, and investors may realise losses on investments. The past performance of a particular investment is not necessarily a guide to its future performance. Prepared by Michael van Dulken, Head of Research