Investing.com -- Here's a rundown of the most important regulatory releases from the London Stock Exchange on Wednesday, 30th October. Please refresh for updates.
- BP (LON:BP) PLC tried to repair the damage done by chief financial officer Brian Gilvary on Tuesday's conference call when he said it was unlikely that the company would raise its dividend this year.
- Next (LON:NXT) said sales and profit growth slowed in the three months to Oct. 26 after a summery September stopped people buying its new autumn collection. Sales perked up as soon as temperatures fell in October, but the rest of the year is unlikely to be as strong as the last month, it said.
- Packaging group Smurfit Kappa (LON:SKG) indicated revenue and underlying profit growth slowed in the third quarter. Revenue for the first nine-months of the year grew 3% to 6.85 billion euros ($7.60 billion), down from a 4% increase in the first half.
- EBITDA rose 11% to 1,26 billion, down from a 17% increase in 1H
- EBITDA margin of 18.3% was up 140 basis points from a year ago but was unchanged from 1H
- Organic growth in Europe was 2% in both Europe and the Americas.
- Severn Trent (LON:SVT) said it has appointed Capgemini's Christine Hodgson to succeed current chairman Andrew Duff in April 2020. She'll join as an independent non-executive director on Jan. 1.
- EBITDA rose 11% to 1,26 billion, down from a 17% increase in 1H
- EBITDA margin of 18.3% was up 140 basis points from a year ago but was unchanged from 1H
- Organic growth in Europe was 2% in both Europe and the Americas.