Investment accounts
Adult accounts
Child accounts
Choosing Fidelity
Choosing Fidelity
Why invest with us Current offers Fees and charges Open an account Transfer investments
Financial advice & support
Fidelity’s Services
Fidelity’s Services
Financial advice Retirement Wealth Management Investor Centre (London) Bereavement
Guides
Guidance and tools
Guidance and tools
Choosing investments Choosing accounts ISA calculator Retirement calculators
Shares
Share dealing
Choose your shares
Tools and information
Tools and information
Share prices and markets Chart and compare shares Stock market news Shareholder perks Stock plan guidance
Pensions & retirement
Pensions, tax & tools
Saving for retirement
Approaching / In retirement
Approaching / In retirement
Speak to a specialist Creating a retirement plan Taking tax-free cash Pension drawdown Annuities Investing in retirement Investment Pathways
FTSE 100 movers: Schroders rallies; Rentokil falls on results
(Sharecast News) - London's FTSE 100 was down 0.7% at 8,698.98 in afternoon trade on Thursday. Schroders rose to the top of the index as it announced a plan to deliver £150m of annualised cost savings alongside its full-year results.
Admiral was also a high riser as the insurer posted a surge in full-year profit, attributing much of the strength to its UK motor business.
In the year to the end of December, pre-tax profit jumped 90% to £839.2m, with group turnover 28% higher at £6.15bn and insurance revenue up 37% at £4.78bn.
Earnings per share rose to 216.6p from 111.2p and the company declared a dividend of 192p per share, up 86%.
Group customer numbers grew 14% to 11.10 million, while UK insurance customer numbers were up 19% to 8.80m. The number of international insurance customers dipped 3% to 2.10m.
The UK motor division saw a 15% jump in customer numbers, "driven by reducing prices ahead of the market around the start of the year, after a period of prices moving higher to address significant claims cost inflation in the past few years".
Reckitt Benckiser gained as the consumer goods firm unveiled plans for a reorganisation of its divisions and said it was looking at opportunities for Mead Johnson Nutrition after a mixed 2024, as fourth-quarter sales missed estimates.
Melrose Industries was under the cosh even as it said that full-year profit came in at the top end of expectations despite industry-wide supply chain issues.
Rentokil fell as it reported a drop in full-year profit, citing a "challenging" year and a weaker performance in North America.
LondonMetric and HSBC were in the red as they traded without entitlement to the dividend.
FTSE 100 - Risers
Schroders (SDR) 422.00p 10.99% Admiral Group (ADM) 3,038.00p 4.72% WPP (WPP) 630.60p 3.34% Spirax Group (SPX) 7,455.00p 2.83% Associated British Foods (ABF) 1,900.00p 2.51% Antofagasta (ANTO) 1,864.00p 2.39% Mondi (MNDI) 1,288.50p 2.26% Games Workshop Group (GAW) 14,500.00p 2.11% Reckitt Benckiser Group (RKT) 5,290.00p 2.01% Barclays (BARC) 309.15p 1.88%
FTSE 100 - Fallers
Melrose Industries (MRO) 563.20p -17.18% Rentokil Initial (RTO) 347.70p -10.39% LondonMetric Property (LMP) 172.20p -5.23% HSBC Holdings (HSBA) 884.70p -4.71% Compass Group (CPG) 2,599.00p -4.45% Informa (INF) 784.40p -4.34% London Stock Exchange Group (LSEG) 10,935.00p -3.91% Marks & Spencer Group (MKS) 362.90p -3.64% Pearson (PSON) 1,289.50p -3.44% Unite Group (UTG) 788.00p -3.13%
Share this article
Related Sharecast Articles
Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.
Award-winning online share dealing
Search, compare and select from thousands of shares.
Expert insights into investing your money
Our team of experts explore the world of share dealing.
Policies and important information
Accessibility | Conflicts of interest statement | Consumer Duty Target Market | Consumer Duty Value Assessment Statement | Cookie policy | Diversity, Equity & Inclusion | Diversity, Equity & Inclusion Reports | Doing Business with Fidelity | Investing in Fidelity funds | Legal information | Modern slavery | Mutual respect policy | Privacy statement | Remuneration policy | Staying secure | Statutory and Regulatory disclosures | Whistleblowing programme
Please remember that past performance is not necessarily a guide to future performance, the performance of investments is not guaranteed, and the value of your investments can go down as well as up, so you may get back less than you invest. When investments have particular tax features, these will depend on your personal circumstances and tax rules may change in the future. This website does not contain any personal recommendations for a particular course of action, service or product. You should regularly review your investment objectives and choices and, if you are unsure whether an investment is suitable for you, you should contact an authorised financial adviser. Before opening an account, please read the ‘Doing Business with Fidelity’ document which incorporates our client terms. Prior to investing into a fund, please read the relevant key information document which contains important information about the fund.
This website is issued by Financial Administration Services Limited, which is authorised and regulated by the Financial Conduct Authority (FCA) (FCA Register number 122169) and registered in England and Wales under company number 1629709 whose registered address is Beech Gate, Millfield Lane, Lower Kingswood, Tadworth, Surrey, KT20 6RP.
