{"id":56652,"date":"2025-02-25T10:32:39","date_gmt":"2025-02-25T10:32:39","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/02\/25\/ftse-advances-smith-nephew-climb-higher-on-results\/"},"modified":"2025-02-25T10:32:39","modified_gmt":"2025-02-25T10:32:39","slug":"ftse-advances-smith-nephew-climb-higher-on-results","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/02\/25\/ftse-advances-smith-nephew-climb-higher-on-results\/","title":{"rendered":"FTSE Advances; Smith &#038; Nephew Climb Higher On Results"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> U.K. stocks are modestly higher Tuesday morning with investors digesting some earnings updates and other corporate news while continuing to follow the developments in Germany where a new government is set to take charge soon. Worries about fresh U.S. tariffs and uncertainty about the Trump administration&#8217;s economic policies limit market&#8217;s upside.<\/p>\n<p>The benchmark FTSE 100 was up 34.52 points or 0.4% at 8,693.50 a little while ago.<\/p>\n<p>Smith &amp; Nephew is rising nearly 7% on strong results. The medical equipment manufacturing company reported attributable profit for the year of $412 million, higher than last year&#8217;s $263 million. Earnings per share rose to 47.0 cents from 30.1 cents a year ago. <\/p>\n<p>Looking ahead, for fiscal 2025, the company expects underlying revenue growth of around 5% and reported revenue growth of around 4.8% respectively. First-quarter underlying revenue growth is expected to be in the range of 1-2%. The company also expects trading profit margin in the range of 19-20% for fiscal 2025.<\/p>\n<p>BAE Systems is gaining about 2.5% on reports Germany&#8217;s chancellor-in-waiting Friedrich Merz has opened talks with the Social Democrats to quickly approve as much as \u20ac200 billion ($210 billion) in special defense spending.<\/p>\n<p>Natwest Group, HSBC Holdings, Standard Chartered and Barclays Group are gaining 1 to 2%, while Lloyds Banking Group is up 0.75%.<\/p>\n<p>Easyjet, Unite Group, AstraZeneca, GSK, Convatec Group, Entain, Rolls Royce Holdings, BT Group, Hiscox, Shell, Severn Trent, Aviva and Melrose Industries are up 0.5 to 1.1%.<\/p>\n<p>Scottish Mortgage, Rio Tinto and Ashtead Group are down 2.3%, 2.1% and 2%, respectively. JD Sports Fashion is declining nearly 2%. <\/p>\n<p>Unilever, Polar Capital Technology Trust, Bunzl, Informa, Pearson, Halma, Antofagasta, Persimmon and Intertek Group are down 1 to 1.7%. <\/p>\n<\/p>\n<\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>FTSE Advances; Smith &#038; Nephew Climb Higher On Results<\/a><br \/>\n<br \/>2025-02-25 10:32:39<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.K. stocks are modestly higher Tuesday morning with investors digesting some earnings updates and other corporate news while continuing to follow the developments in Germany where a new government is&#8230;<\/p>\n","protected":false},"author":2,"featured_media":56653,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":["post-56652","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/56652","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=56652"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/56652\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/56653"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=56652"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=56652"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=56652"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}