Western Mail

Data breach had small effect on Dixons Carphone shares

- CITY

raised the prospect of further tariff hikes.

The group’s consumer arm saw underlying operating profits fall to £430m after it was hit by last year’s pre-payment price cap, rising wholesale prices and a loss of customers.

Taylor Wimpey’s revenue fell 0.4% to £1.72bn for the six months ended July 1, but profit before tax came in at £301m, up 47% year-onyear from £205m, helping lift shares 2.9p to 174.95p by the close.

Holiday giant Thomas Cook warned about a hit to annual earnings as the UK and European heatwave dented demand for last-minute trips abroad, shaving its shares by 0.95p to 95.9p.

Standard Chartered reported a jump in profits, but signalled that its costs were higher, knocking shares 8.8p to 688p.

For the six months ended June 30, underlying profit before tax at the bank was $2.4bn (£1.8bn), up 23% year-on-year, but operating expenses climbed 7% to $5.1bn (£3.8bn).

Builders’ merchant and Wickes owner Travis Perkins signalled it faced a blow to annual profits as Britons choose not to splash out on kitchen and bathroom upgrades.

Shares tumbled 144.5p to 1,196p when the group said its underlying earnings will be in the lower half of the expected range.

Investors gobbled up Greggs’s shares after it posted a rise in sales and hiked its dividend, boosting its share price by 92.5p to 1,054p.

Total sales for the 26 weeks ended June 30 were up 5.2% to £476m, representi­ng like-for-like sales growth of 1.5%.

The biggest risers on the FTSE 100 were Fresnillo up 42.2p to 1,039p, Admiral Group up 77.5p to 1,981p, Anglo American up 54.8p to 1,732.8p, and Direct Line Insurance Group up 10.8p to 343.9p.

The biggest fallers on the FTSE 100 were Just Eat down 53.4p to 793p, Kingfisher down 12.5p to 296.7p, Smith & Nephew down 37.5p to 1,320.5p, and Micro Focus Internatio­nal down 34.5p to 1,250p.

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