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Shares in advertising agency M&C Saatchi fell on Wednesday after the company reported a 10% drop in annual profits which it blamed on "challenging market dynamics", though it said it first-quarter trading had been encouraging.
Beauty-to-tech firm THG reported a jump in annual earnings on Wednesday, despite a dip in revenues.
London private equity group Proprium Capital Partners has offloaded its shareholding in Motel One back to the German low-cost hotel chain’s founder in a deal worth €1.25bn.
London open The FTSE 100 is expected to open 53 points higher on Wednesday, having closed down 0.11% on Tuesday at 7,934.79.
Shore Capital upgraded AO World on Wednesday to ‘buy’ from ‘hold’.