Daily Stock Market Report (Tue 15 April 2025) - HFD, TBLD, BILN, BME, KOO, LIO, RNO, DLAR, RWA, IHP, EMAN
Good morning! The FTSE finished up 2% yesterday and got back within the range where it spent most of last year:
The Aim All-Share Index remains in a state of total depression:
I've reached a point now in my own thinking where I don't know if the Aim Index is useful as a benchmark for anything - its performance has been that poor over the long-term! I'd rather use one of the FTSE Indexes instead.
Companies Reporting
Name (Mkt Cap)RNSSummaryOur view (Author)Wise (LON:WISE) (£12.1bn)Trading UpdateFY25 vol +23% to £145bn, active cust +21% to 15.6m. Adj income +16% to £1.36bn. 20% PBT mgn.Bamp;M European Value Retail SA (LON:BME) (£3.0bn)Trading Update
SP +3.5%FY25 rev +3.7%, adj EBITDA exp top half of guidance (£605-625m). LFL +ve in France, -ve in UK.News on CEO appointment expected “in coming weeks”.
AMBER/RED (Roland) [no section below]I’m pleased to see there are no further downgrades after February’s profit warning. But I remain concerned by apparent weakness in the core UK business, where LFL sales fell by 3.1% last year....