Daily Stock Market Report (Wed 18th February 2026) - Agenda
Good morning all, today's Agenda is now complete.
Spreadsheet accompanying this report: link.
Companies Reporting
Name (Mkt Cap)RNSSummaryOur View (Author)BAE Systems (LON:BA.) (£61bn | SR73)Preliminary ResultsRevenue up 8% to £28.3bn with operating profit up 9% to £2.9bn. Adj EPS +12% to 75.2p, slightly ahead of 74.1p consensus. Record order backlog at £83.6bn. Outlook guidance: 2026 adj EPS +9 to +11%.Glencore (LON:GLEN) (£57bn | SR36)Preliminary Results amp; Glencore agreement w Gécamines for KCC land accessRevenue +7% to $247.5bn, adj EBIT -14% to $6.0bn. Net debt $11.2bn. (0.83x EBITDA). Reports “illustrative annualised free cash flow” of c.$7.0bn.Pan African Resources (LON:PAF) (£3.0bn | SR67)Interim ResultsGold production +51.5% to 128,296oz - on track for FY production guidance of 275-292koz. H1 revenue +157.3% to $487m, net profit +211.9% to $147.8m. Interim dividend of 0.55pps. Expects to reach net cash position by end Feb 26.PPHE Hotel (LON:PPH) (£862m | SR42)Sale of New York development siteSold NY development site for $33.5m. This site was purchased in 2019 but is no longer considered suitable for hotel development due to regulatory changes. Proceeds will be used to...