The GYM Group (GYM) 157pGain to date: 14%Gym operator GYM Group (GYM)is showing good gains since we identified the low-cost gym specialist as an attractive risk/reward investment opportunity on 18 August. We noted the business has got itself back into shape and appears to be building strong momentum with consistent like-for-like sales growth and rising site yields amid an acceleration of new site

European markets were slightly higher during midday trade on Wednesday, as investors braced for a key US inflation reading.The FTSE 100 index edged up 5.21 points, 0.1%, at 8,211.19. The FTSE 250 was up just 10.14 points at 20,666.28, and the AIM All-Share was down 3.93 points, 0.5%, at 739.93.The Cboe UK 100 was flat at 821.80, the Cboe UK 250 up 0.2% to 18,227.15, but the Cboe Small Companies wa

Stocks in London made steady progress in early exchanges on Wednesday, although Rentokil slumped, ahead of key US inflation figures later.The data is released at 1330 BST. Data is expected to show the rate of annual US consumer price inflation faded to 2.6% in August, from 2.9% in July.The first US presidential debate between candidates Kamala Harris and Donald Trump took place late Tuesday. Dutch

Low-cost gym operator Gym Group (GYM) looks to be in good shape ahead of its first-half results, due to be released 11 September.In a pre-close statement on 10 July the company raised its full-year profit expectations to the top end of market forecasts after continued positive trading.Company-compiled analysts forecasts for EBITDA (earnings before interest, tax, depreciation, and amortisation) les

GYM Group (GYM) 137.8pMarket Cap: £219.8 millionShares in low-cost, no-contract gym operator The Gym Group (GYM) are languishing 55% below pre-pandemic levels despite the firm seeing a recovery in site profitability and growing its estate by 40% since 2019.In recent months the business has got itself back in shape and appears to be building strong growth momentum with like-for-like sales up 9%

Share prices in London closed up on Wednesday as New York climbed midday, following Fed Chair Jerome Powell's testimony and ahead of key US inflation data on Thursday.The FTSE 100 index closed up 53.70 points, 0.7%, at 8,193.51. The FTSE 250 ended up 282.74 points, 1.4%, at 20,927.76, and the AIM All-Share closed up 0.91 of a point, 0.1%, at 772.85.The Cboe UK 100 ended up 0.7% at 816.35, the Cboe

Full year profit guidance raisedImplies 13% profit growthNew three-year banking facilityLow-cost gym operator GYM Group (GYM) said it expected to deliver results for the year to 31 December at the top end of market forecasts after a positive first half which saw revenue grow by 12% to £112.1 million.Investors welcomed the positive pre-close trading update, marking the shares 6% higher to a new 12

London's blue chip index outperformed its European counterparts on Wednesday morning, as investors eagerly await another testimony from Federal Reserve Chair Jerome Powell.The FTSE 100 index opened up 16.62 points, 0.2%, at 8,156.43. The FTSE 250 was up 50.64 points, 0.3%, at 20,695.66, and the AIM All-Share was up 1.15 points, 0.2%, at 773.09.The Cboe UK 100 was up 0.3% at 813.09, the Cboe UK 250

Stock prices in London closed mixed on Monday ahead of UK inflation data and a rate decision from the Bank of England, and as investors digested the latest house price reading.The FTSE 100 index closed down 4.71 points, 0.1%, at 8,142.15. The FTSE 250 ended up 39.36 points, 0.2%, at 20,159.72, and the AIM All-Share closed up 1.11 points, 0.2%, at 774.93.The Cboe UK 100 ended down slightly at 810.9

Annual sales plunge 18%Cost-cutting drives improved H2 performanceNew CEO sets out recovery and growth strategyMind Gym's (MIND:AIM) shares slumped the best part of 30% to an all-time low of 27.5p after the corporate training specialist reported an 18% plunge in sales for the year to 31 March 2024 driven by constricted customer HR (human resources) budgets and warned the new financial year will be

European stocks recovered some poise Monday after a difficult week, though there could more volatility for equities in London and mainland Europe, with political campaigns picking up speed, and a Bank of England decision to come.Stocks in Asia traded lower, with mixed data from China hurting enthusiasm.The FTSE 100 index opened up 40.03 points, 0.5%, at 8,186.89. The FTSE 250 was up 118.58 points,

Equipment hire outfit Ashtead (AHT) is set to announce it's results for the 12 months to 30 April 2024 amid swirling speculation it might consider shifting its primary listing to the US.Around 90% of its business is done in the US so there is logic to the move but if its motivation is to attract a higher valuation ? often the driver for a shift across the pond ? it might ultimately prove to be dis

London's FTSE 100 closed higher on Friday, though stocks in New York struggled, taking little confidence from a key US inflation gauge producing no scares.The FTSE 100 index ended up 44.33 points, 0.5%, at 8,275.38. The FTSE 250 ended up 59.25 points, 0.3%, at 20,730.12, and the AIM All-Share closed up 3.10 points, 0.4%, at 805.79.For the week, the FTSE 100 lost 0.5%, the FTSE 250 fell 0.2%, while

Revenue and profit ahead of expectationsAccelerated site rollout planFocus on high quality, high return site openingsContinued positive momentum saw low-cost gym operator Gym Group (GYM) deliver better than expected full year results and announce an acceleration of new site openings.Investors welcomed the upbeat outlook and new growth target with the shares trading up 5% to 115.1p, taking year to

Full year revenue beats forecastsLike for like revenue accelerating2024 site roll-out plan increasedLow-cost gym operator GYM Group (GYM) said strong first-half momentum had continued into the second half resulting in full year revenue climbing 18% to £204 million, slightly above market expectations.The revenue beat together with news that the company is accelerating its site roll-out to between

European blue chips ended the month on the front foot after easing inflation in the eurozone and the US boosted hopes that interest rates could be cut sooner than previously thought.The FTSE 100 index closed up 30.29 points, 0.4%, at 7,453.75. The FTSE 250 ended down 234.11 points, 1.3%, at 18,233.47, and the AIM All-Share closed down 1.75 points, or 0.2%, at 713.78.The Cboe UK 100 ended up 0.3% a

Shares in pub and hotel group Marston's (MARS) are down around 18% this year, despite the business continuing to recover from the pandemic and receiving a welcome boost from the chancellor's Autumn statement which froze alcohol duties until August 2024.After revealing full-year sales on 11 October, the company is due to update investors on earnings for the year to September on 5 December.Sales ros

Pets at Home (PETS) investors will be hoping the UK pet-care leader's first half results statement (28 November) doesn't set the cat among the pigeons. Any signs that the cost-of-living pressures impacting pet owners' disposable income are slowing its sales momentum or curtailing customer acquisition growth could be harshly punished.Share price weakness at the pet food-to-toys purveyor reflects op

There have been a couple of bits of retail news over the last few weeks that bear real consideration. The first was that Swedish 'flat pack' maestro Ikea was taking over a massive shopping centre in the heart of Brighton and the second that after 137 years of calling, beauty products seller Avon is setting up shop in the UK.By themselves they might not raise much of an eyebrow amongst investors bu

The FTSE 100 outperformed European peers at midday on Monday, as escalating conflict between Hamas and Israel pushed oil prices higher, helping lift the index's heavyweight oil majors.The FTSE 100 index was up 18.82 points, or 0.3%, at 7,513.40. Meanwhile, the FTSE 250 was down 116.00 points, or 0.7%, at 17,616.32, and the AIM All-Share was down 4.99 points, or 0.7%, at 689.72.The Cboe UK 100 was