Daily Stock Market Report (Thur 16 Jan 2025) - IGG, PMI
Good morning! We have another large collection of year-end updates.
Spreadsheet accompanying this report (updated to 10/1/2025)
Companies Reporting
Name (Mkt Cap*)RNSSummaryOur view (Author)Pearson (LON:PSON) (£8.6b)TUUL Sales +3%, Adj Op Profit +10%. FCF ahead of guidance.Wise (LON:WISE) (£15.0bn)Q3 Results+24% volume growth, U/L income +13%.(Graham)Taylor Wimpey (LON:TW.) (£4.0bn)TUIn line op. profit for 2024. Outlook: well placed to grow volumes. Increased build cost pressure.IG group (LON:IGG) (£3.6bn)Acquisition of FreetradeFreetrade purchased for £160m.GREEN (Graham holds)Deliveroo (LON:ROO) (£2.0bn)Q4 TU2024 adj. EBITDA towards top end of range (£110-130m).Savills (LON:SVS) (£1.5bn)Year End TU2024 in line. Year ahead: challenging conditions to continue but most markets are in recovery.Safestore Holdings (LON:SAFE) (£1.45b)FY ResultsEPRA Basic NTA per Share up 14.6% to 1,091p.Trustpilot (LON:TRST) (£1.1bn)TU21% constant currency bookings growth and adj. EBITDA to be ahead of consensus.(Graham)Bakkavor (LON:BAKK) (£810m)Full Year TUAhead of market expectations. LfL Revenue up 5.1%. Net debt bottom end of 1-2x target range.Ibstock (LON:IBST) (£661m)TUAdj. EBITDA £79m, “consistent with previous guidance”. Outlook: improved conditions.Young amp; Co's Brewery (LON:YNGA) (£518m)Q3...