London stocks opened higher on Thursday, despite several European indices declining ahead of its monetary policy decision.
The FTSE 100 is currently up 0.3%.
Lloyds
- Lloyds reported its Q3 statement, sending its shares 1.3% lower.
- The banking firm reported a statutory profit after tax of £4 billion and a net income of £13 billion.
- The group updated its financial guidance, with operating costs expected to be £8.8 billion and capital generation expected between 225 and 250 basis points.
Unilever
- Unilever’s Q3 trading statement sees its sales growth accelerated to 10.6%.
- Turnover increased 17.8% to €15.8 billion, with the biggest growth in its beauty and wellbeing segment.
- The company announced a second €750 million share buyback tranche and maintained a quarterly interim dividend for Q3 at €0.4268.
Foxtons
- A Q3 trading update from Foxtons sent its shares 8.67% higher on Thursday.
- The company stated lettings continued to drive solid performance alongside strong sales revenue growth.
- Revenue jumped 25% to £43.8 million and the company reported growth across all areas of the business.
- The group now expects to deliver a result ahead of previous guidance.
Made.com
- Finally, Made.com has provided yet another update.
- The company announced it is no longer in receipt of any possible offers for the issued and to be issued share capital of the company.
- As a result, the group has decided to terminate the formal sales process and is no longer in an offer period.