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FTSE 250 movers: Savills buoyant despite profits fall

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Date: Thursday 28 Aug 2008

LONDON (ShareCast) - Estate agent Savills leads the way after saying demand for its consultancy and property management services remained “good” even as it reported a fall in profits and revenues.

Engineer Bodycote climbs after making good on its pledge to sell its testing unit and saying it will return some of the proceeds from the sale to shareholders.

Oil services group Wellstream Holdings also rises after it reported a five-fold increase in pre-tax profits and announced a maiden dividend of 4p as revenues soared.

Premier Foods leads the fallers after profit before tax from continuing operations fell 29% to £3.6m at the Branston pickle and Hovis bread owner in the first half.

Aircraft services company BBA Aviation is also lower after seeing profits growth stall in the face of the economic slowdown.

FTSE 250 - Risers
Savills (SVS) 269.00p +10.93%
Taylor Wimpey (TW.) 52.25p +8.29%
Barratt Developments (BDEV) 142.25p +7.36%
Bodycote International (BOY) 223.00p +6.19%
Investec (INVP) 394.75p +5.83%
Derwent London (DLN) 1,096.00p +5.69%
Regus Group (RGU) 73.00p +5.42%
DS Smith (SMDS) 122.25p +5.39%
Wellstream Holdings (WSM) 1,232.00p +5.30%
Persimmon (PSN) 367.25p +5.30%

FTSE 250 - Fallers
Premier Foods (PFD) 89.25p -8.23%
Premier Oil (PMO) 1,248.00p -6.02%
BBA Aviation (BBA) 126.75p -5.94%
Aegis Group (AGS) 109.50p -5.19%
Hunting (HTG) 843.00p -4.64%
Rotork (ROR) 1,036.00p -3.00%
Hargreaves Lansdown (HL.) 162.50p -2.99%
Moneysupermarket.com (MONY) 76.75p -2.85%
Morgan Sindall (MGNS) 595.50p -2.78%
Senior (SNR) 106.25p -2.52%

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