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X5 Retail Group NV GDR (Reg S) (FIVE)

Down $33.66
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Round-up: Yule Catto, X5 Retail, Prezzo

26 Aug 10

LONDON (ShareCast) - Yule Catto saw underlying pre-tax profit rise by 26% to £24m in the six month ended 30 June but said it remains cautious regarding the wider economic outlook.

“We remain cautious regarding the wider economic outlook as global growth patterns remain mixed, with robust growth in Asia offset by weaker growth in Europe and North America,” said chief executive Adrian Whitfield.

“However, Yule Catto's robust financial position, strong portfolio of market leading products, and high percentage of sales into Asia and other developing economies, underpin the Board's confidence in the Group's prospects for the medium term."

Russia’s X5 Retail reiterated its 2010 sales growth outlook after it posted a 17% rise in second quarter net sales.

Restaurant chain Prezzo has agreed to buy eleven leasehold properties, together with their business and assets from Caffe Uno Brasseries for £3.1m in cash.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.


Market Data

Currency US Dollars
Price $33.66
Change Today -$0.10
52 Week High $34.26
52 Week Low $33.49
Volume 71,858
Shares Issued 271.57m
Market Cap $9,140m


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