Investment accounts
Adult accounts
Child accounts
Choosing Fidelity
Choosing Fidelity
Why invest with us Current offers Fees and charges Open an account Transfer investments
Financial advice & support
Fidelity’s Services
Fidelity’s Services
Financial advice Retirement Wealth Management Investor Centre (London) Bereavement
Guides
Guidance and tools
Shares
Share dealing
Choose your shares
Tools and information
Tools and information
Share prices and markets Chart and compare shares Stock market news Shareholder perks Stock plan guidance
Pensions & retirement
Pensions, tax & tools
Saving for retirement
Approaching / In retirement
Approaching / In retirement
Speak to a specialist Creating a retirement plan Taking tax-free cash Pension drawdown Annuities Investing in retirement Investment Pathways
FTSE 250 movers: GB Group tanks, Raspberry Pi surges
(Sharecast News) - FTSE 250 (MCX) 23,335.03 0.38%
GB Group shares fell on Tuesday after the identity and location technology company said a one-off £6m investment in its GBG Go platform would hit margins next year, overshadowing higher underlying earnings and improving revenue momentum.
The FTSE 250 group expects adjusted operating margins to fall to between 21% and 22% in the year ending 31 March 2027, from 23.7% in 2026, as it accelerates GBG Go's product roadmap.
It said margins should recover to 23% to 24% in 2028 and exceed 24% over the medium term.
For the year ended 31 March, revenue rose 0.8% to £285.0m, or 3.2% on a constant-currency basis. Adjusted operating profit edged up 0.7% to £67.5m, while adjusted diluted earnings per share increased 9.3% to 19.0p.
Shore Capital upgraded IntegraFin to 'buy' from 'hold' on Tuesday and lifted the price target to 400p from 350p as it said the Transact owner is "an excellent business, properly undervalued".
"We all know that UK fund outflows have left some quality businesses looking like unloved flotsam on the market tides, but is there a better example than this?" it said.
"IntegraFin is a 51% profit before tax margin platform business, with 10% market share but whose brand, proprietary technology and customer service is now winning a 25% share of net flows, trading on less than 14x Y2 despite earnings compounding at 19% '25-27F," the broker said.
Elementis jumped after saying it will return around $35m to shareholders following completion of the sale of its pharmaceutical manufacturing business to Associated British Foods.
Raspberry Pi surged, rising in line with the broader global technology and AI rally.
Defence company Chemring lost ground as it posted a record order book but a drop in interim profit.
FTSE 250 - Risers
Raspberry PI Holdings (RPI) 857.75p 5.50% easyJet (EZJ) 458.70p 4.80% Marshalls (MSLH) 141.10p 4.13% HGCapital Trust (HGT) 387.50p 3.89% Genuit Group (GEN) 252.00p 3.62% Applied Nutrition (APN) 281.75p 3.49% Baltic Classifieds Group (BCG) 188.90p 3.46% Patria Private Equity Trust (PPET) 618.00p 3.30% IntegraFin Holding (IHP) 348.50p 3.26% Travis Perkins (TPK) 540.50p 3.25%
FTSE 250 - Fallers
GB Group (GBG) 214.50p -12.98% Oxford Biomedica (OXB) 585.00p -5.03% Ceres Power Holdings (CWR) 780.00p -4.24% Kainos Group (KNOS) 874.50p -3.58% Trustpilot Group (TRST) 252.20p -3.09% Diversified Energy Company (DI) (DEC) 1,088.00p -3.03% Endeavour Mining (EDV) 4,293.00p -2.76% Chemring Group (CHG) 496.60p -2.72% Worldwide Healthcare Trust (WWH) 341.50p -2.57% W.A.G Payment Solutions (EWG) 113.00p -2.42%
Share this article
Related Sharecast Articles
Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.
Policies and important information
Accessibility | Conflicts of interest statement | Consumer Duty Target Market | Consumer Duty Value Assessment Statement | Cookie policy | Diversity, Equity & Inclusion | Diversity, Equity & Inclusion Reports | Doing Business with Fidelity | Investing in Fidelity funds | Legal information | Modern slavery | Mutual respect policy | Privacy statement | Remuneration policy | Staying secure | Statutory and Regulatory disclosures | Whistleblowing programme
Please remember that past performance is not necessarily a guide to future performance, the performance of investments is not guaranteed, and the value of your investments can go down as well as up, so you may get back less than you invest. When investments have particular tax features, these will depend on your personal circumstances and tax rules may change in the future. This website does not contain any personal recommendations for a particular course of action, service or product. You should regularly review your investment objectives and choices and, if you are unsure whether an investment is suitable for you, you should contact an authorised financial adviser. Before opening an account, please read the ‘Doing Business with Fidelity’ document which incorporates our client terms. Prior to investing into a fund, please read the relevant key information document or Product Summary document which contains important information about the fund.
This website is issued by Financial Administration Services Limited, which is authorised and regulated by the Financial Conduct Authority (FCA) (FCA Register number 122169) and registered in England and Wales under company number 1629709 whose registered address is Beech Gate, Millfield Lane, Lower Kingswood, Tadworth, Surrey, KT20 6RP.
