Coca-Cola HBC Shares News & Articles

Market report: Reckitt beats forecasts, McColl's looks to move on from dreadful year

The FTSE 100 starts the week on the back foot although it is still holding on to a position north of 7,200, down 0.37% at 7,210.16 in early trading. An uptick in the pound contributing to the weaker open. Consumer goods giant Reckitt Benckiser (RB.) reports a 65% drop in annual profit owing to one-off gains and expenses but underlying earnings are up as the company hit the top end of its sales ...

Market report: Profit warnings slam the brakes on holidays firm TUI and Card Factory while ex-divi deluge drag on FTSE 100

Package holidays firm TUI (TUI) is firmly on the back foot in early trade on Thursday after the company warned of a €35m hit to profits this year as foreign currencies move against it. The news comes alongside third quarters figures showing a 7.5% fall in underlying earnings, sending the stock sliding close on 10% to £14.33. That makes TUI the biggest loser across a fairly weak FTSE 100, the ...

Market report: RBS agrees $4.9bn penalty to satisfy US regulators; BT slumps on growth return plans

Banking group Royal Bank of Scotland (RBS) has agreed to pay a $4.9bn fine to resolve a US probe into its past sale of mortgage-backed securities. This is a far smaller penalty than many investors feared the bank would have to pay, with some estimates predicting up to $12bn in fines. This sends shares in RBS jumping more than 5% to 290.6p in early trade on Thursday, one of the FTSE 100’s ...

Market report: Galliford’s galling news, Coca-Cola HBC’s full of fizz

European markets are off to a strong start on Valentine’s Day, the FTSE 100 continuing to show resilience in the face of yesterday’s high inflation figure and trading 42.2 points up at 7,210.2 early on. Distinctly unloved however is housebuilder-to-construction firm Galliford Try (GFRD), which slumps 14.8% lower to 841.5p despite posting robust half year results with its Linden Homes arm in ...
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