Aggreko, BHP Billiton, Paddy Power, Tullow Oil: U.K., Irish Equity Preview
The following is a list of companies whose shares may have unusual price changes in U.K. and Irish markets. Stock symbols are in parentheses and prices are from the last market close.
Admiral Group Plc (ADM LN): The U.K. car insurer that owns the Confused.com website said first-half pretax profit rose 21 percent to 126.9 million pounds ($196 million). The shares fell 0.3 percent to 1,473 pence.
Aggreko Plc (AGK LN): The world’s largest provider of mobile power-supply equipment said first-half revenue rose to 583.6 million pounds from 499.8 million pounds for the same period a year earlier. The stock fell 2.6 percent to 1,429 pence.
Antofagasta Plc (ANTO LN): Codelco and the copper producer controlled by Chile’s Luksic family will jointly explore the Cumbres copper project in northern Chile, state-owned Codelco said in an e-mailed statement. The shares declined 1.5 percent to 1,012 pence.
BHP Billiton Ltd. (BLT LN): The world’s largest mining company reported full-year net income of $12.7 billion. The stock fell 1.5 percent to 1,803 pence.
Derwent London Plc (DLN LN): The developer specializing in mid-priced offices in London’s West End reported a pretax profit of 216.4 million pounds for the first half compared with a loss a year earlier. The shares fell 1 percent to 1,374 pence.
Forth Ports Plc (FPT LN): The operator of Scotland’s biggest container dock reported first-half pretax profit of 16 million pounds, compared with a profit of 12.4 million pounds a year earlier. The stock advanced 0.7 percent to 1,286 pence.
Glanbia Plc (GLB ID): The company that produces a third of Ireland’s milk and cheese said first-half revenue rose 9.7 percent to 1.04 billion euros ($1.32 billion) while adjusted net income jumped 51 percent to 54.6 million euros. The company expects “strong” revenue and operating profit in the full year, according to a statement today. The shares were unchanged at 3.38 euros.
Paddy Power Plc (PWL ID): Ireland’s biggest bookmaker said it expects to beat the current consensus of analysts’ estimates for the year after “strong” growth in its online and U.K. retail units during the first half. The stock declined 2.8 percent to 26 euros.
Serco Group Plc (SRP LN): The operator of London’s Docklands Light Railway said first-half pretax profit was 101.4 million pounds, compared with an analyst estimate of 106.4 million pounds. The stock declined 0.4 percent to 559.5 pence.
Talvivaara Mining Co. (TALV LN): The owner of a Finnish nickel mine posted second-quarter sales of 35.2 million euros. The shares declined 1.9 percent to 401.5 pence.
Tullow Oil Plc (TLW LN): The U.K. explorer with the most licenses in Africa said first-half earnings more than doubled on higher crude and natural-gas prices. Net income rose to $81.7 million from $31.6 million in the year-earlier period. The stock fell 0.4 percent to 1,297 pence.