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FTSE 250 movers: Bytes Technology in the black; Essentra slides

Published 25/10/2023, 15:40
Updated 25/10/2023, 15:12
FTSE 250 movers: Bytes Technology in the black; Essentra slides

Sharecast - Bytes Technology (LON:BYIT) gained as the software, security and cloud services company hiked its interim dividend by 12.5% after a strong first half, with revenues and profits rising by double-digits and billed income jumping by over a third.

Softcat (LON:SCTS) was in the black, having slid a day earlier after its full-year revenues missed analysts’ expectations.

Cab Payments (LON:CABP) was weaker again, having tanked on Tuesday after the payment processing company warned on full-year revenues, pointing to changes in market conditions in some of its key currency corridors, as well as ongoing uncertainties surrounding the Naira.

Essentra (LON:ESNT) slumped as it said full-year adjusted operating profit was set to be "towards the lower end" of its expectations due to a "softer" trading environment.

FTSE 250 - Risers

Bytes Technology Group (BYIT) 479.20p 5.55%

Softcat (SCT) 1,266.00p 2.26%

Indivior (INDV) 1,650.00p 1.98%

Me Group International (MEGP) 147.40p 1.94%

Computacenter (LON:CCC) 2,532.00p 1.61%

Hipgnosis Songs Fund Limited NPV (SONG) 74.40p 1.50%

Coats Group (LON:COA) 68.50p 1.48%

Auction Technology Group (ATG) 568.00p 1.43%

VinaCapital Vietnam Opportunity Fund Ltd. (VOF) 451.50p 1.35%

Darktrace (LON:DARK) 346.40p 1.26%

FTSE 250 - Fallers

CAB Payments Holdings (CABP) 54.90p -9.70%

Essentra (ESNT) 140.20p -5.01%

Morgan Sindall Group (MGNS) 1,844.00p -4.65%

Future (FUTR (LON:FUTR)) 838.00p -4.61%

Target (NYSE:TGT) Healthcare Reit Ltd (THRL (LON:THRL)) 71.70p -4.40%

TUI (LON:TUIT) AG Reg Shs (DI) (TUI) 401.80p -4.24%

CLS Holdings (CLI) 88.60p -4.11%

Mitchells & Butlers (MAB) 196.40p -3.91%

Hammerson (HMSO) 21.76p -3.63%

Close Brothers Group (CBG) 733.00p -3.49%

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