UK Stocks-Factors to watch on June 27
Adds news items, updates futures
June 27 (Reuters) -Britain's FTSE 100 .FTSE index is seen opening flat on Thursday, with futures FFIc1 largely unchanged.
* CURRYS: British electricals retailer Currys CURY.L, forecast further profit growth this year after a 10% rise in 2023/24 that reflected improving trading momentum through the period.
* HALFORDS: British bicycle and car products retailer Halfords Group HFD.L reported a fall in annual profit as footfall across its stores declined due to challenging market conditions and wet weather.
* WATCHES OF SWITZERLAND: Watches of Switzerland WOSG.L said it was "cautiously optimistic" about trading in new fiscal year 2025 after reporting a 40% drop in its annual pretax profit following a challenging year for the luxury retailer.
* SEGRO: Britain's Segro SGRO.L has acquired three fully leased logistics warehouses in the Netherlands for 222 million euros ($237.4 million), the warehousing group said.
* SERCO: British outsourcing company Serco Group SRP.L raised its annual profit forecast on Thursday, helped by international immigration services contracts and acquisitions.
* BUNZL: British business supplies distributor Bunzl BNZL.L said it expects annual profit margin to be slightly above the previous year, due to solid demand for its own brand products and bolt-on acquisitions.
* CAR OUTPUT: Britain's car output in May fell by 11.9% year-on-year, falling for a third straight month, as manufacturers wound down existing models and more plants transitioned to electric vehicle (EV) production, industry data showed.
* EX-DIVS: F&C Investment Trust FCIT.L, Berkeley BKGH.L, B&M BMEB.L and Burberry BRBY.L will trade without entitlement to their latest dividend pay-outs on Thursday.
* For more on the factors affecting European stocks, please click on: LIVE/
TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB
Reporting by Prerna Bedi in Bengaluru
Related Assets
Latest News
Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.
All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.
Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.
