FTSE 250 movers: Hilton, Dunelm rise

(Sharecast News) - FTSE 250 (MCX) 24,444.81 0.50%

Hilton Foods surged after lifting its full-year profit guidance, as it hailed a good interim performance from core meat and fresh prepared food, but weakness in the Foppen business. It now expects full-year adjusted profit before tax from continuing operations of between £66m and £71m, up from previous guidance of £60m to £65m and reflecting the removal of Dalco losses and favourable FX.

Dunelm rallied as Deutsche Bank upgraded the homeware retailer to 'buy' from 'hold' ahead of its strategy update. It reckons management will outline a revamped digital offer and increased store investment to drive accelerating earnings growth as Dunelm progresses towards 10% market share. DB also hiked the price target to 1,050p from 850p.

Vesuvius, Ithaca Energy, Hammerson were all lower as they traded without entitlement to a dividend.





FTSE 250 - Risers

Hilton Food Group (HFG) 718.50p 15.08% Ceres Power Holdings (CWR) 394.40p 9.06% WPP (WPP) 382.80p 6.39% Trustpilot Group (TRST) 286.20p 5.84% Oxford Nanopore Technologies (ONT) 178.30p 5.18% GB Group (GBG) 159.60p 3.37% Pan African Resources (PAF) 136.40p 3.26% Trainline (TRN) 194.70p 3.22% Dunelm Group (DNLM) 859.50p 3.11% Ocado Group (OCDO) 211.20p 2.83%

FTSE 250 - Fallers

Baltic Classifieds Group (BCG) 2.40p -6.20% Ithaca Energy (ITH) 272.80p -4.51% Watches of Switzerland Group (WOSG) 656.50p -4.23% Foresight Environmental Infrastructure Limited (FGEN) 85.70p -4.03% Vesuvius (VSVS) 369.60p -3.04% Halfords Group (HFD) 257.00p -3.02% AEP Plantations (AEP) 197.20p -2.87% Hammerson (HMSO) 356.00p -2.83% Avon Technologies (AVON) 1,764.00p -2.75% Dr. Martens (DOCS) 71.20p -2.60%