Avon L News Today

25 May 2021 | 08:37am StockMarketWire.com - UK stocks tracked sideways in early trading on Tuesday after US Federal Reserve officials cooled inflation fears, though a strengthening of the pound against the dollar weighed on exporters. At 0825, the benchmark FTSE 100 index was down just 1.25 points at 7,050.34. Industrial software group Aveva rallied 4.2% to £34.14 even as it reported a 63% slump in annual profit after the pandemic hits sales in the first half. Aveva nevertheless upped its divi...

25 May 2021 | 07:40am StockMarketWire.com - Defence equipment maker Avon Rubber hiked its interim dividend after swinging to a first-half profit amid significant growth in its respiratory protection business. The company also announced that Nick Keveth, Chief financial officer would be retiring for personal reasons before the end of March 2022. For the half year ended 31 March 2021, pre-tax profit was $5.4 million, up from a loss of $1.8 million year-on-year as revenue increased 41% to $167.9...

25 May 2021 | 16:39pm StockMarketWire.com - The FTSE 100 saw a modest decline on Tuesday after trading broadly flat for much of the day as strength in sterling weighed on the overseas earnings dominated index. By the close it was down 0.3% at 7,029.79. In the US the S&P 500 was also a bit lower, slipping 0..2% to 4,188.64 by 4.30pm UK time. Industrial software group Aveva rallied 1.6% to £33.28 even as it reported a 63% slump in annual profit after the pandemic hits sales in the first half. Av...

1 April 2021 | 12:22pm StockMarketWire.com - The FTSE 100 was up 0.5% to 6,745.29 ahead of the Easter break as investors backed shares which will benefit from the reopening plan which is set to gather pace in the UK in April. Clothing retailer Next has jumped 4.1% to £81.92 after it posted a 15% fall in full price sales for 2020/21 and pre-tax profit of £342 million, in line with guidance but said online sales growth is set to continue. In the first eight weeks of the 2021/22 year, Next said ...

1 April 2021 | 08:47am StockMarketWire.com - A 2.2% increase in the National Minimum Wage to £8.91 has put a spring in the FTSE 100 on opening ahead of the long Easter weekend. The rise in the minimum wage, which will apply to two million workers, although those on furlough are set to miss out, has lifted the FTSE 100 0.3% at 6,734.74, while the FTSE 250 is 0.4% higher at 21,601.77. Clothing retailer Next has jumped 4.1% to £81.92 after it posted a 15% fall in full price sales for 2020/21 and...

1 April 2021 | 16:37pm StockMarketWire.com - The FTSE 100 was up 0.4% to 6,737.30 amid optimism over a reopening of the UK economy. By 4.30pm UK time the S&P 500 in the US moved above 4,000 for the first time as it marked a new record high, gaining 0.9%. Clothing retailer Next has jumped 3.2% to £81.14 after it posted a 15% fall in full price sales for 2020/21 and pre-tax profit of £342 million, in line with guidance but said online sales growth is set to continue. In the first eight weeks of...