Sabre Insurance Group in line with expectations

DirectorsTalk Interviews FTSE 250

Sabre Insurance Group plc (LON: SBRE), one of the UK’s leading private motor insurance underwriters, has provided a trading update for the nine months ending 30th September 2019. Summary · The Group continues to execute its strategy of focusing on underwriting profitability over premium growth in order to maximise profitability over the long term. · The Group anticipates delivering a …

Galliford Try Plc

Galliford Try Secures £340m contract with AMP7 frameworks

DirectorsTalk Interviews FTSE 250

Galliford Try plc (LON: GFRD), has announced that its Water business has been appointed to AMP7 frameworks worth approximately £340m to the company. The company was appointed by Southern Water as Delivery Partner for two of its design and build frameworks. Starting in 2020 and running for five years, they have a total value of £425m and Galliford Try’s share …

Inchcape Sells Fleet Solutions for £100m

DirectorsTalk Interviews FTSE 250

Inchcape plc (LON: INCH), the leading independent multi-brand automotive Distributor with global scale, has announced that it has agreed to sell its Inchcape Fleet Solutions business to Toyota Fleet Mobility GmbH for total cash consideration of £100m. It follows recent disposals of less productive dealerships in the UK, and Retail-only disposals in Australia and China. Inchcape is focused on its …

Dunelm Group YoY Growth +5.8% in trading update

DirectorsTalk Interviews FTSE 250

Dunelm Group plc (LON: DNLM), the UK’s leading homewares retailer, has reported the following trading update for the 13-week period ended 28th September 2019. Revenue Total like for like (LFL) sales increased by 6.4% in the first quarter with good growth across the total retail system. Total Dunelm growth was 7.5% including the benefit of new stores. The beginning of …

London Stock Exchange Group confirms HKEX withdrawal

DirectorsTalk Interviews FTSE 250

Further to the announcements made by Hong Kong Exchanges and Clearing Limited (HKEX) and London Stock Exchange Group (LON:LSE) in relation to HKEX’s possible offer for the entire issued and to be issued share capital of LSEG, HKEX confirms that it does not intend to make an offer for LSEG and is consequently bound by the restrictions under Rule 2.8 …

Unite Group PLC New Partnership with University of Leeds

DirectorsTalk Interviews FTSE 250

Unite Group plc (LON: UTG), one of the UK’s leading owners, developers and managers of student accommodation, announced today that it has agreed commercial terms with the University of Leeds for a 30-year nominations agreement for its White Rose View development in Leeds. The agreement covers 559 of the 976 beds in the development, which will open in time for …

GVC Holdings PLC Full year EBITDA guidance upgraded

DirectorsTalk Interviews FTSE 250

GVC Holdings PLC (LON: GVC), the global sports-betting and gaming group, has today announced a trading update for the period 1st July 2019 to 30th September 2019. Key highlights Q3 (1): · Full year pre-IFRS16 EBITDA guidance range upgraded to £670m – £680m (from £650m – £670m) · Continued strong growth in Online with NGR +12% despite the comparative period …

Tritax Big Box REIT plc Dividend Declaration

DirectorsTalk Interviews FTSE 250

Tritax Big Box REIT plc (LON: BBOX) has today declared an interim dividend in respect of the period from 1st July to 30th September 2019 of 1.7125 pence per ordinary share, payable on or around 14 November 2019 to shareholders on the register on 18 October 2019. The ex-dividend date will be 17 October 2019. This dividend will be a …

PageGroup continue to focus on driving profitable growth

DirectorsTalk Interviews FTSE 250

PageGroup (LON:PAGE) today provided its third quarter 2019 trasing update. Q3 Highlights* ·    Group gross profit growth +2.1% (+4.2% in reported rates) ·    Large, High Potential markets (37% of Group) +4% ·    EMEA +5.6%; France +2%; Germany +16% ·    Asia Pacific -8.1%; Greater China -24%; South East Asia +11%; Australia +2% ·    Americas +13.0%; North America +10%; Latin America +17% ·    UK -4.1%; both Michael Page …

Electrocomponents plc Market share gains even uncertain markets

DirectorsTalk Interviews FTSE 250

Electrocomponents plc (LON: ECM) today issued a trading update for its first half ended 30th September 2019 ahead of publishing half-year results on 12 November 2019.   Like-for-like revenue growth(1) Region Q1 to June 2019 Q2 to Sept 2019 H1 to Sept 2019 Northern Europe 7% 4% 5% Southern Europe 5% 5% 5% Central Europe 3% 1% 2% Emerging markets …