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FTSE 250 movers: C&C fizzes lower; Dunelm edges up after results
(Sharecast News) - London's FTSE 250 was down 1.7% at 18,846.52 in afternoon trade on Wednesday. Bulmers owner C&C Group fizzed lower after saying it expects to deliver a 35% jump in first-half net revenues but that it has seen a slowdown in on-trade momentum over the second quarter.
Aston Martin slid following a Financial Times report it is facing a lawsuit from two former dealers who claim they are owed around £150m for underwriting the development of its Valkyrie hypercar.
Going the other way, homeware retailer Dunelm was a little higher after it reported record full-year results in a "challenging" environment.
In the year to 2 July, pre-tax profit jumped 32.4% to a record £209m, on total sales of £1.6bn, up 16.2% on the year.
Dunelm said that while year-on-year growth benefitted from the lockdown-related store closures a year earlier, the growth of 41.1% compared to FY19 shows "the pace at which the business has developed through the pandemic period".
FTSE 250 - Risers
Network International Holdings (NETW) 288.80p 4.11% Fidelity China Special Situations (FCSS) 241.00p 2.12% Darktrace (DARK) 374.10p 1.19% Foresight Solar Fund Limited (FSFL) 122.20p 0.99% Baltic Classifieds Group (BCG) 141.20p 0.86% Apax Global Alpha Limited (APAX) 163.20p 0.74% Dunelm Group (DNLM) 727.50p 0.62% Diversified Energy Company (DEC) 131.60p 0.61% Wood Group (John) (WG.) 143.25p 0.53% HICL Infrastructure (HICL) 176.20p 0.34%
FTSE 250 - Fallers
C&C Group (CDI) (CCR) 158.10p -9.09% Wizz Air Holdings (WIZZ) 1,993.50p -7.41% Aston Martin Lagonda Global Holdings (AML) 147.00p -6.52% Future (FUTR) 1,702.00p -6.38% 888 Holdings (DI) (888) 115.10p -5.58% NCC Group (NCC) 224.00p -5.29% Synthomer (SYNT) 172.70p -5.21% JTC (JTC) 801.00p -5.09% Chemring Group (CHG) 286.50p -4.98% Kainos Group (KNOS) 1,397.00p -4.97%
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