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SCS Group Shares News & Articles

Market report: ASOS and Ocado enjoy contrasting fortunes, Ferrexpo slides on results delay

The markets seem to be taking the latest Brexit chaos in their stride, familiarity breeding contempt perhaps, with sterling settling after yesterday’s volatility and the FTSE 100 advancing 0.4% to 7,329.01. Online grocery retailer Ocado (OCDO) gains 2.9%, despite confirming that a fire at its Andover robotic warehouse in Hampshire last month had slowed revenue growth to 11.2% in its fiscal ...

Market report: Tesco misses on profit targets, Aston Martin debuts in London share trading

UK supermarket leader Tesco (TSCO) saw pre-tax profits rise 2% to £564m for the half year to 25 August with sales up 12.8% to £28.3bn. But while chief executive Dave Lewis described the performance as a ‘good start to the year’, investors disagree. Shares in the group plunge around 5% to 224.3p in early trade, heading the FTSE 100 loser board. That’s because of the underlying operating ...

How ScS is defying the retail gloom, beating profit forecasts and sparking upgrades

Value upholstered furniture-to-floorings purveyor ScS (SCS) is defying the retail sector doom and gloom. Shares in the Sunderland-headquartered home improvement retailer rallied 6.5% to 212p after the company reported better-than-expected full year results. Sales and margins are both up, profits are ahead of expectations and current trading is surprisingly positive. It is surprising news and it ...
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