Early indications:
CSFB
Cap Gem UNCH India peer Infosys Cuts Sales Forecast Again
Countrywide +3-5% Revs 737m, cons 712m, sticking to guidance
FCA +4.5/+5%
Flug Zuerich +1-2% Positive air traffic stats
Forterra +2% Net debt 93m cons 111m CS 117m
M&B +2-3% LFL over the festive period good
Miners -0.5% Copper -0.55%, Brent +0.35%, Iron Ore -1.05%, China +0.10%
Pennon -1% CS DOWNGRADE to UNDERPERFORM (Potential liability)
Renault +2% French Defence Min orders 3,700 vehicles
Schneider UNCH DTN unit said to draw interest from PE firms
Sig +1% Sales slightly light, profit to be inline with guidance
Technicolor -3-5% FY EBITDA guidance 1% lower, FCF inline
Thales +1% DefenseNews suggesting Canadian government to begin talks
XP Power +1% Q4 orders fine, dividend higher
Shore Calls
MITCHELLS&BUTLER-Lfl sales +4.7%.Sees lower margin due to cost pressure.....-1%
LAVENDON-Sees FY results to be ahead of forecasts...........................+2%
MANX TELECOM-2016 trading in line with forecasts...........................UNCH
COUNTRYWIDE - FY market volumes -6% vs prev yr,in line with expectations.....-1%
XP POWER - strong finish to yr end,order intake and revs ahead of prev yr....+1%
SIG - sales+11.2%,PBT in line with ests but margins lower....................-1%