London-listed stocks are down in early trading as investors await key inflation data in the US. Investors would have kept a close eye on the latest minutes from the Fed as they continue to persist with battling inflation.
The FTSE 100 is currently down -0.5%. Check out the latest news from London-listed stocks on Thursday.
- EasyJet reported its trading update, which saw Q4 EBIT expected to be between £525 million and £545 million.
- Easyjet flew 26.3 million seats during its fourth quarter, operating at 88% of FY19 capacity.
- Furthermore, EasyJet holidays generated FY22 profit before tax in excess of £35 million.
- The group states its booked load factors are ahead of the same point in FY19.
- Supply@ME announced it has finalised a new unsecured bank loan with Banco BPM.
- The Banco BPM Loan will be primarily used for investment in technology, underpinning the SYME Platform.
- The key commercial terms are €1 million principle amount, at 275 basis points over the Euribor interest rate.
- Finally, the repayment is over a 5-year term.
- Entain reported its trading for the period from 1 July to 30 September.
- Group net gaming revenue was up 2%, whilst the company posted record level of active customers, +65 year-on-year.
- The company expects EBITDA to be in line with its previous guidance of £925 million and £975 million, representing a 10% growth vs the prior year.
- Entain shares are up 2% on Thursday.
- On Thursday, Treatt published its trading update for the year.
- FY22 profit before tax is still expected in line with the board’s expectations of between £15 million and £15.3 million.
- Revenue growth of 13% is in line with market expectations.
- Treatt shares gained 5.52% following the report.