12 May 2021 | 07:51am
StockMarketWire.com - Landscape products group Marshalls upgraded its annual guidance amid a big improvement in year-to-date sales.
Marshalls said it now expected trading for the full year through December to be ahead of its previous expectations .
Revenue in the fourth months through April had jumped 46% year-on-year to £191 million, representing an increase of 6% on the same period back in 2019.
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12 May 2021 | 16:42pm
StockMarketWire.com - Despite a slump on Wall Street as US prices rose faster than expected in March the FTSE 100 made good progress on Wednesday, trading 0.8% higher to just regain the 7,000 mantle.
By 4.30pm UK time the S&P 500 in the US was down 1.2% at 4,101.69.
UK sentiment was buoyed by stronger-than-anticipated economic data, with British gross domestic product falling 1.5% in the first quarter, beating expectations of a 1.6% drop.
Alcoholic drinks maker Diageo gained 3.4% to £32.99, on announcing that it would initiate the second phase of £4.5 billion capital return program, but extend its duration by two years to 30 June 2024.
The welcome move came as Diageo forecast organic operating profit growth to be at least 14% in its current financial year, slightly ahead of organic net sales growth.
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Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body; 4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;