FTSE 250 movers: Bytes surges; Trustpilot slides
FTSE 250 (MCX) 20,105.60 0.39%
Bytes Technology surged as it reported double-digit growth across all key financial metrics over the year to 28 February, with gross invoiced income topping the £2bn mark for the first time.
Shares in Computacenter soared as the IT group turned upbeat on its prospects after a strong second half that helped annual profit nudge ahead of forecasts, despite an uncertain macroeconomic environment and softer market conditions in the UK, offset by stronger performances in the US and Germany.
Recruiter SThree advanced as it held on to its full-year guidance despite a weak first quarter with double-digit declines in fees for both contract and permanent positions.
Trustpilot fell despite lifting its full-year outlook for 2025 following a "strong" performance in 2024.
Qinetiq fell on a downgrade by ShoreCap after poorly-received results on Monday.
Market Movers
FTSE 250 - Risers
Bytes Technology Group (BYIT) 489.40p 18.10%
Computacenter (CCC) 2,620.00p 12.25%
Ocado Group (OCDO) 256.90p 7.53%
Softcat (SCT) 1,604.00p 6.86%
Wood Group (John) (WG.) 44.32p 5.22%
TBC Bank Group (TBCG) 4,525.00p 4.87%
Wizz Air Holdings (WIZZ) 1,800.00p 4.83%
SThree (STEM) 272.00p 4.02%
Kainos Group (KNOS) 730.00p 3.69%
Lion Finance Group (BGEO) 5,670.00p 3.47%
FTSE 250 - Fallers
Trustpilot Group (TRST) 262.50p -5.06%
QinetiQ Group (QQ.) 401.20p -3.60%
Clarkson (CKN) 3,505.00p -2.77%
Carnival (CCL) 1,395.00p -2.45%
Bodycote (BOY) 587.00p -2.00%
Raspberry PI Holdings (RPI) 565.50p -1.82%
RS Group (RS1) 593.50p -1.82%
Chrysalis Investments Limited NPV (CHRY) 93.70p -1.78%
Just Group (JUST) 143.60p -1.78%
RHI Magnesita N.V. (DI) (RHIM) 3,345.00p -1.76%
Disclaimer & Declaration of Interest
The information, investment views and recommendations in this article are provided for general information purposes only. Nothing in this article should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the writer but no responsibility is accepted for actions based on such opinions or comments. Vox Markets may receive payment from companies mentioned for enhanced profiling or publication presence. The writer may or may not hold investments in the companies under discussion.