FTSE 250 movers: Bytes Technology in the black; Essentra slides

(Sharecast News) – London’s FTSE 250 was down 0.4% at 16,923.67 in afternoon trade on Wednesday.
Bytes Technology gained as the software, security and cloud services company hiked its interim dividend by 12.5% after a strong first half, with revenues and profits rising by double-digits and billed income jumping by over a third.

Softcat was in the black, having slid a day earlier after its full-year revenues missed analysts’ expectations.

CAB Payments was weaker again, having tanked on Tuesday after the payment processing company warned on full-year revenues, pointing to changes in market conditions in some of its key currency corridors, as well as ongoing uncertainties surrounding the Naira.

Essentra slumped as it said full-year adjusted operating profit was set to be “towards the lower end” of its expectations due to a “softer” trading environment.

FTSE 250 – Risers

Bytes Technology Group (BYIT) 479.20p 5.55%
Softcat (SCT) 1,266.00p 2.26%
Indivior (INDV) 1,650.00p 1.98%
Me Group International (MEGP) 147.40p 1.94%
Computacenter (CCC) 2,532.00p 1.61%
Hipgnosis Songs Fund Limited NPV (SONG) 74.40p 1.50%
Coats Group (COA) 68.50p 1.48%
Auction Technology Group (ATG) 568.00p 1.43%
VinaCapital Vietnam Opportunity Fund Ltd. (VOF) 451.50p 1.35%
Darktrace (DARK) 346.40p 1.26%

FTSE 250 – Fallers

CAB Payments Holdings (CABP) 54.90p -9.70%
Essentra (ESNT) 140.20p -5.01%
Morgan Sindall Group (MGNS) 1,844.00p -4.65%
Future (FUTR) 838.00p -4.61%
Target Healthcare Reit Ltd (THRL) 71.70p -4.40%
TUI AG Reg Shs (DI) (TUI) 401.80p -4.24%
CLS Holdings (CLI) 88.60p -4.11%
Mitchells & Butlers (MAB) 196.40p -3.91%
Hammerson (HMSO) 21.76p -3.63%
Close Brothers Group (CBG) 733.00p -3.49%

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