1. Ocado reports lesser spotted profit, but gains evaporate on M&S dispute
There were contributions from all the main parts of the group.
2. BA owner IAG doubles profits despite final quarter landing short
For the full 2023 calendar year, operating profit before exceptional items came in at €3.5 billion, more than double the previous year
3. FTSE 100 live: Shares rally on leap day
FTSE 100 gains 40 points at 7,664.
4. Greencoat UK Wind takes dividend payouts above one billion
The trust, which is one of the UK’s largest wind farm operators, announced a payment of 10p per share for 2023 against a target of 8.76p.
5. GXO makes knock-out bid for Wincanton, highlighting London’s valuation problem
The bidding war for Wincanton underscores the significant premium that acquisitive companies and private equity firms are willing to pay.