ML
PETS - Inline to a touch better than expected. No warning is a positive(161)+2%
ICG - PBT looks about inline. EPS above ests & confident on outlook (1180)+1-2%
BIG YELLOW - FY18 EPRA EPS inline with street at 38.5p/sh. LFL revs +7%(962)u/c
GALLIFORD TRY - Trading statement states that everything is in line (972.5).u/c
SHAFTESBURY - NAV 983p, +3.3% in 1H and portfolio value growth of 3.0% (990)u/c
CBG - Banking div achieved solid loan growth, winterfloods doing well (1591)u/c
MINERS - Copper -0.1%, Iron ore fut -1.7% with BHP OZ -0.88%, RIO OZ -0.54%.-1%
SONOVA - Sales inline, divi better. Outlook for 6-9% EBITDA growth (160.3)..-1%
INMARSAT - Small negative that is losing exclusivity in martime safety (380)-2%
HALFORDS - FY revs & EBITDA better but guidance is weaker than expected(380)-2%
CS
BAE Systems -0.5% CS US A&D team DOWNGRADE the US defence sector
Close Bros M/P All divisions performing well, net inflows loan book
+2.4%
Forterra M/P Board's expectations for the full year remain unchanged
Halfords -5-10% Revs 1.135 cons 1.133, guidance for 19 looks like
Miners -0.5% Copper -0.15%, Brent +0.65%, Iron Ore -1.50%, China
-0.70%
Norsk Hydro -1-2% Brazil Group seeks to suspend Norsk Hydro Bauxite mine
Partners M/P Partners Group/Kedaara Capital to acquire Vishal Mega
Mart
Pets at Home +1% FY revs 834.2mln vs cons 895mln, PTP ahead,
Roche +1% Positive phase III HAVEN 3 study of Hemlibra
Sonova -1% FY Sales 0.5% light, EBITA 2% ahead, div slightly
better
TechnipFMC +1-2% Secured two 'major' contracts in India
Zurich -1% Completed its public share-buyback programm