UK's Convatec Group tops FTSE 100 after FY24 guidance raise
** Shares of Convatec Group Plc CTEC.L surge as much as 19.2% to 258.2p, top gainer on FTSE 100 .FTSE index
** The medical products and technologies firm raises FY24 organic sales growth forecast to 7.25%-8% from 6%-7% guided previously
** Also sees FY24 adj operating margin more than or equal to 21.5% vs prior expectations of 21%
** London-based co says it expects to further expand operating margin and deliver double-digit adjusted EPS and free cash flow to equity growth in FY25
** Year-to-date organic sales growth rose to 7.7%
** CTEC shares have risen ~6% YTD
Reporting by Aby Jose Koilparambil in Bengaluru
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