The FTSE 100 index has fallen sharply today as the crisis prompted by Russia’s invasion of Ukraine worsens.
The London Stock Exchange Group revealed it has suspended trading in 28 Russian companies, while Coca-Cola HBC has announced it has halted production in Ukraine and evacuated its workers.
Meanwhile, Meggitt has revealed it could be hit with a possible ‘material’ writedown on a Russian aircraft program in the next year amid the Ukraine crisis, after posting a lower annual profit hit by supply disruptions.
Cybersecurity specialist Darktrace has raised its full-year outlook for the second time in three months reflecting strong customer growth and retention.
The group, which listed in April last year, posted a £5.9million pre-tax profit for the six months to 31 December, significantly ahead of a £48.4million loss during the same period the year before.
ITV plans to ‘at least double’ digital revenues to £750million by 2026, with the broadcaster set to launch a new on-demand platform called ITVX later this year.
Britain’s biggest free-to-air broadcaster reported a 24 per cent rise in external revenue in 2021, marking a record year for advertising revenue.
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