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Mccoll's Retail Group 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: WPP growth slump shows scale of job for new boss, DS Smith and Redrow upbeat

Shares in the world's biggest advertising agency WPP (WPP) plunge more than 7% to £11.88 in early trade on Tuesday, heading the FTSE 100 loser board, after posting lower revenues in its first half results. The group, which confirmed Mark Read as its new chief executive yesterday, also raised its sales expectations for the full year, not that investors are giving it much credit for doing ...

McColl’s still feeling the pain from supplier collapse as full-year profit misses expectations

Shares in convenience stores operator McColl’s Retail (MCLS) have taken a beating after missing full-year profit expectations and reporting a weak start to the new financial year, falling 4.6% to 237.5p. The company has warned about a continuation of supply distributions following the collapse of wholesaler Palmer & Harvey. Group like-for-like sales have fallen by 2.2% in the first 11 ...

Market report: Reckitt Benckiser 2017 results fall flat and AstraZeneca secures approval for key drug

The FTSE 100 is struggling for direction early on, up a handful of points just short of the 7,300 mark, despite strong trading in Asia overnight. Consumer goods business Reckitt Benckiser (RB.) falls 3.8% to £63.20 as like-for-like sales for 2017 come in flat and margins come in just below consensus. The company, which owns brands such as Cillit Bang and Clearasil is guiding for growth of ...
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