FTSE 250 movers: Updates from IntegraFin, Trustpilot and Genus impress

(Sharecast News) - The FTSE 250 was edging higher on Tuesday afternoon on the back of strong gains from IntegraFin, Trustpilot and Genus, while B&M topped the fallers list after a disappointing update.

Investment platform operator Integrafin surged 14% after reporting that it had seen "strong" net inflows to its Transact platform during its third quarter, demonstrating "growing momentum" across the business. Integrafin also said it was now undertaking a group-wide cost review.

Trustpilot rallied 9% as it upgraded full-year margin guidance following a solid first-half performance, with the review website reporting a jump in bookings and revenue. Berenberg reiterated a 'buy' rating on the stock following the update, hailing the stock's "undemanding valuation" given its growth potential.

Animal genetics firm Genus impressed with a "strong" underlying group trading performance in the year ended 30 June, as lifts its pre-tax profit forecasts for the current financial year to £72m from £63m.

Hilton Food Group was also higher after revealing the sale of a majority stake in its supplier management platform, Foods Connected, to the Apax Global Impact Fund in a deal that will see the food group receive £22m in cash.

Meanwhile, shares in B&M European Value Retail dropped 6% to record lows after the discount retailer posted weaker-than-expected revenue growth in the first quarter, despite soft comparatives and favourable weather conditions across the UK.



FTSE 250 - Risers

IntegraFin Holding (IHP) 370.50p 14.18% Trustpilot Group (TRST) 275.60p 9.11% Genus (GNS) 2,405.00p 7.61% Hilton Food Group (HFG) 873.00p 3.31% Bytes Technology Group (BYIT) 330.80p 3.12% Rathbones Group (RAT) 1,874.00p 2.29% JTC (JTC) 865.00p 2.13% Kainos Group (KNOS) 734.50p 2.08% XPS Pensions Group (XPS) 386.50p 1.98% Zigup (ZIG) 347.00p 1.91%

FTSE 250 - Fallers

B&M European Value Retail S.A. (DI) (BME) 241.10p -6.44% 4Imprint Group (FOUR) 3,580.00p -3.63% Hochschild Mining (HOC) 280.40p -2.84% Ithaca Energy (ITH) 161.40p -2.77% IG Group Holdings (IGG) 1,055.00p -2.41% AO World (AO.) 96.80p -2.32% W.A.G Payment Solutions (WPS) 85.60p -2.28% QinetiQ Group (QQ.) 498.00p -2.06% TBC Bank Group (TBCG) 4,865.00p -1.92% Endeavour Mining (EDV) 2,262.00p -1.91%