skip to Main Content
 

Three Quick Facts: BT, De La Rue and SCS Group

*

Here are three things you need to know in the financial markets this morning from investment writer, Tony Cross.

#1.  BT Q3 numbers provide little excitement

Q3 results were published by BT [LON:BT.A] this morning and the headline figures give little cause for cheer. Revenues are off marginally, post-tax profits fell by almost a third and debt nudged its way higher, too. That bid speculation may help offer some support to the share price, but today’s numbers do feel somewhat muted.

#2. De La Rue new contract signed with Oman

The secure printers and authentication company De La Rue [LON:DLAR] have this morning announced a contract with the Oman tax authority to implement a digital stamp duty solution. There are however no details as to the size of the award, so despite this being seen as a key objective in the company’s turn around plan, the impact on the share price could well prove limited.

#3. SCS Group supply chain bottlenecks boost order book

An interim trading update is out from SCS Group [LON:SCS] today, covering the 26 weeks to 29th January. One year order intake is in line with management expectations having increased by almost 17%, whilst sales are also matching pre-pandemic levels. The order book has improved against comparatives, although part of this is a result of supply chain bottlenecks and the company remains on track to meet full year expectations.

Like this article? Sign up to our free newsletter.

This article does not constitute investment advice. Do your own research or consult a professional advisor.

The Armchair Trader's 'How to' Guides

In-depth Reports

Detailed reviews of selected companies and investment trusts.

Thanks to our Partners

Our partners are established, regulated businesses and we are grateful for their support.

Aquis
FP Markets
IG
Pepperstone
WisdomTree
CME Group
Back To Top