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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Leisure, gaming and gambling

FIVE at FIVE: Kingfisher flies, THG thuds, FTSE up, Flutter deal, Pret in demand

1: Kingfisher flies 11% higher as results impress

Headline interim numbers showed a strong improvement from the B&Q and Screwfix owner, but analysts said they were boosted by one-offs, though signs from the early weeks of the second half were more promising.

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2: THG tumbles as investors dig into results

The owner of Myprotein and the CityAM newspaper fell over 10% after it put out interim results and said it is planning to sell its Ingenuity arm and change to a more investor-friendly London listing.

Analysts said it was complicated

3: FTSE 100 creeps higher in line with wider European gains

The FTSE 100 added just over 31 points or 0.4% to finish at 8,309.9, with Kingfisher and easyJet in the lead, but BAE Systems and BAT dragging.

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4: Playtech sells Italian gaming business to Betfair owner

Playtech, the FTSE 250-listed gambling software specialist, sold its Italian consumer-facing gaming business to Flutter Entertainment for €2.3 billion.

Flutter may have got a bargain

5: Pret a Manger sales surpass £1bn for first time

The sandwich peddler increased global sales in 2023, driven by escalating growth on foreign shores.

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In the small-cap space:

Helium One Global’s ML application marks another important milestone

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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK