FT 17/01/20 | Vox Markets

FT 17/01/20

Lombard – Pearson (PSON) failings must be consigned to the history books. Publishing group has suffered from management and strategic mis-steps

Ryanair Holdings (RYA) O’Leary wades into Flybe Group (FLYB) debate. Part-owner Stobart says EU delays contributed to need for airline’s rescue

Lex – Wood Group (John) (WG.): sun worshipper. Investors will be rewarded if the company can reinvent itself

Whitbread (WTB) hobbled by UK uncertainty. Premier Inn owner blames higher costs and weak confidence outside London as room sales fall

Associated British Foods (ABF) – Primark sales rise helped by US growth and German overhaul. UK market suffers small decline but total revenues climb on new store openings

Consultancy Seawave investigating Lekoil Ltd (DI) (LEK) loan scandal. Bahamas-based group accused of helping to arrange a $184m loan that proved fake

Halfords Group (HFD) bolstered by boom in electric cycles and scooters. E-bike sales almost double in third quarter to keep retailer on track after three warnings

Pearson (PSON) warns of profit fall as leadership contender quits. Educational publisher’s finance chief to follow chief John Fallon out the door

Hays (HAS) warns on profit as economic uncertainty stifles recruitment. Group disrupted by events ranging from the Australian bushfires to UK election

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Mentioned in this post

ABF
Associated British Foods
FLYB
Flybe Group
HAS
Hays
HFD
Halfords Group
LEK
Lekoil Ltd (DI)
PSON
Pearson
RYA
Ryanair Holdings
WG.
Wood Group (John)
WTB
Whitbread