Future in demand after update on GoCompare acquisition
A look at the major movers on the London market on Wednesday
1.11pm: Publisher pleases at presentation
Future PLC (LON:FUTR) has been lifted by a presentation to analysts this week on price comparison websites.
The company, which recently bought GoCompare, believes such websites can continue to add value for consumers and also product providers.
It said the integration of GoCompare was going well, according to Roddy Davidson of Shore Capital, who issued a buy note on the business.
Davidson said: We were encouraged by the positive points stressed in yesterday’s presentation and see good structural growth prospects for the price comparison website [PCW] market through attracting more consumers and increasing conversion rates – as an example only around 30% of switching activity in car insurance is via PCW’s, despite 40%-50% of customers using a PCW to research prices.
SIG shares jump as it forecasts a return to profit
A look at the major movers on the London market on Wednesday
SIG PLC (LON:SHI) has come in from the cold sooner than expected.
The insulation specialist said January and February had seen a solid start to the year, with sales volumes then picking up so that March and April traded ahead of expectations.
So it now expects to deliver an underlying profit in the first half, turning round its losses more quickly than expected.
It said: Whilst the evolving COVID-19 backdrop will continue to create uncertainty in the short term, more so in our EU markets than the UK, the strong demand across territories and sectors in the first four months of the year was encouraging and gives the board increased confidence for the full year performance.
Share price
5 May 2021 | 09:40am
StockMarketWire.com - Getech said its subsidiary H2 Green entered into a non-binding strategic agreement with Element Two, to create the UK s first hydrogen network.
Element Two is a UK-based developer of hydrogen refuelling stations and a retailer of hydrogen fuel.
The agreement aimed to accelerate the creation of the UK s first hydrogen network. Element Two and H2 Green have agreed mutual options to co-locate their respective hydrogen refuelling stations and hydrogen production and storage assets, it added. Pursuant to the strategic agreement, the parties have committed to a 12-month negotiation framework, with the aim to: agree and progress a joint asset development road map; build an initial demonstration project; and negotiate and conclude a binding long-term co-development and off-take contract, the company said.
african-american history and culture on tuesday. according to trump supporter alveta king, the niece of dr. martin luther king, trump was particularly moved when he saw a slave auction block during the museum tour. king told the atlanta journal constitution, she overheard trump say, boy, that is just not good. that is not good. and when he saw a set of shablgs used to restrain enslaved children, king says the president responded, that is really bad. jennifer rubin is back with me and also joining me now steve phillips, author of brown is the new white. okay. i can t the president s visit to the museum was really quite something. i want to play element two of trump president trump at the museum. today and every day of my presidency, i pledge to do everything i can to continue