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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
NMC Health reports strong growth and reiterates FY 2018 (+24% YoY) and 2019 (+22-24%) financial targets. Saudi Arabia JV progressing well, final agreement expected in early Q1 2019. Signed new Operations & Management contracts with UAE.
BAE Systems, Babcock and Atlas Elektronik have been shortlisted for a for a £1.25bn contract to design and build 5 Type 23 frigates for the UK MoD. Companies awarded £5m to fund further R&D and advance to next selection stage.
Photo-Me H1 like-for-like underlying revenue +2.7% YoY, pre-tax profit -20.4%, dividend unchanged. FY £44m profit guidance unchanged, but reliant on normalised trading in key markets.
UK Index ‘s outsourcing companies could be sensitive to Interserve announcement of plans to restructure its debt, converting parts of it into equity.
(Sources: Company newswires, Bloomberg, CNBC, FT, Reuters, Wall Street Journal)
For more information on any of these individual news items, call into the trading floor
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Prepared by Michael van Dulken, Head of Research