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
Guidance and tools
Guidance and tools
Choosing investments Choosing accounts ISA calculator Retirement calculators
Share dealing
Choose your shares
Tools and information
Tools and information
Share prices and markets Chart and compare shares Stock market news Shareholder perks
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: Helios Towers up as losses narrow; Serco cashes in on immigration spending
(Sharecast News) - Shares in Helios Towers topped the FTSE 250 as the company reported an 18% rise in organic revenue from increased tenancies on its mobile phone masts towers and inflation-linked contracts. It also upgraded cash profit and portfolio free cash guidance by 1%. Pre-tax losses in the six months to June 30 narrowed to $39.4m from $122.2m a year ago.
Tritax Big Box REIT announced the sale of an investment asset let to Howdens.
The £84.3m sale to the institutional real estate investor was in line with its December 2022 and June 2023 valuations for a net initial yield of 4.0%.
"The disposal, which was in line with the book value at both December 2022 and June 2023, demonstrates the attractiveness of our assets and our ability to fully realise their value," said Colin Godfrey, Tritax's chief executive officer.
"The sale to a leading institutional investor in real estate provides further evidence of growing stabilisation within the UK investment market and the strong fundamentals of the sector."
The 659,000 square foot logistics building at Raunds was one of three developed and built for Howdens Joinery.
It had an unexpired lease term at exchange of roughly 23 years.
Outsourcing giant Serco gained as profits were boosted by £804m worth of immigration and justice spending by governments around the world in the first half of the year.
Group's underlying operating profit rose 9% to £148m in the six months to 30 June. Total revenues climbed 11% to nearly £2.5bn.
FTSE 250 (MCX) 18,828.69 0.08%
FTSE 250 - Risers
Helios Towers (HTWS) 89.90p 7.02% OSB Group (OSB) 373.40p 4.48% Pantheon International (PIN) 269.50p 4.46% Vanquis Banking Group 20 (VANQ) 128.80p 4.38% Tritax Big Box Reit (BBOX) 140.40p 3.69% Primary Health Properties (PHP) 95.55p 2.69% Shaftesbury Capital (SHC) 119.60p 2.57% Harbour Energy (HBR) 257.20p 2.43% Serco Group (SRP) 158.70p 2.26% Spirent Communications (SPT) 155.40p 2.17%
FTSE 250 - Fallers
Jupiter Fund Management (JUP) 107.00p -4.12% Moneysupermarket.com Group (MONY) 256.00p -4.05% Aston Martin Lagonda Global Holdings (AML) 361.00p -3.99% Mobico Group (MCG) 86.75p -3.18% Telecom Plus (TEP) 1,606.00p -3.02% TUI AG Reg Shs (DI) (TUI) 584.00p -2.83% Bank of Georgia Group (BGEO) 3,100.00p -2.67% Tyman (TYMN) 303.00p -2.42% Ferrexpo (FXPO) 84.85p -2.30% Drax Group (DRX) 572.20p -2.22%
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.
Award-winning online share dealing
Search, compare and select from thousands of shares.
Expert insights into investing your money
Our team of experts explore the world of share dealing.
Policies and important information
Accessibility | Conflicts of interest statement | Consumer Duty Target Market | Consumer Duty Value Assessment Statement | Cookie policy | Diversity and Inclusion | Doing Business with Fidelity | Fidelity gender pay report | Investing in Fidelity funds | Legal information | Modern slavery | Mutual respect policy | Privacy statement | Remuneration policy | Security | Statutory and Regulatory disclosures | Whistleblowing policy
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 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.
