MoPh Markets

Hargreaves Lansdown Up 3%, Pets at Home Unchanged, Argo Blockchain Declines 2.79%: Morning Roundup

Here are the top stories from the London Listed stocks on Friday…

Hargreaves Lansdown

  • Revenue fell 8% to £583 million for the year ended June 30.
  • Underlying profit before tax declined to £297.5 million from £366 million a year ago.
  • Total dividend per share down 21% to 39.7p.
  • Share price rises 3% following its earnings.

Pets at Home

  • Total Group revenue up 7.1% to £404.7m for Q1.
  • Continuing growth in new customers and strong retention of the 1.1m customers acquired last year.
  • No change to sales and margin outlook, and we continue to expect full-year Group underlying pre-tax profit to be in line with consensus.

London Stock Exchange

  • Total Income grew by £717 million to £3.7 billion.
  • Adjusted profit before tax increased from £1.03 billion to £1.3 billion.
  • Interim dividend up 27% to 31.7 pence per share.
  • LSEG share price grows 3%.

Argo Blockchain

  • During the month of July, Argo mined 219 Bitcoin or Bitcoin Equivalents, compared to 179 BTC in June.
  • Based on exchange rates, mining revenue in July accounted for £3.89 million.
  • The share price declined 2.79% on Friday.

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