This Week's Top FTSE 350 RNS Filings
Weekly Market Recap (Jun 9-13): Top FTSE 350 RNS Filings
Another busy week and many RNS announcements from FTSE 350 companies this week. Below are the highlights from key sectors, summarising financial results.
Airtel Africa PLC- 2025 Annual Financial Report
Financials:
Revenue: $4.96bn, up 21.1% (constant currency)
EBITDA: $2.3bn, margin down to 46.5%
Profit after tax: $328m (vs $89m loss FY24)
EPS: 6.0 cents (vs –4.4 cents)
Operational Highlights:
Customers: 166.1m (+8.7%)
Data users: 73.4m, data ARPU +15.4%
Airtel Money users: 44.6m, $145bn in annualised transactions
2,583 new sites; 74.4% 4G coverage
Capital & Returns:
Dividend: 6.5 cents per share (+9.2%)
$120m share buyback completed
British Land Co plc (BLND) - 2025 Annual Financial Report
Financial Highlights:
Underlying EPS: 28.5p (flat YoY)
IFRS EPS: 35.0p (vs –0.1p in FY24)
Profit after tax: £338m (vs £1m in FY24)
Dividend: 22.8p per share (unchanged)
EPRA NTA: 567p per share (up 5p)
Portfolio & Operations:
Portfolio valuation: £9.5bn (up 1.6%)
Occupancy: 98%
ERV growth: 4.9% (top end of guidance)
Leasing: 3.3m sq ft, 8.6% ahead of ERV
Retail parks occupancy: 99%
Retail & urban logistics: now 42% of portfolio
Capital Activity:
Gross capital activity: £1.7bn
Acquisitions: £738m (mainly retail parks)
Disposals: £597m (e.g. Meadowhall sale)
Equity raise: £301m in Oct 2024 (first in 10 years)
Fuller Smith & Turner PLC - 2025 Annual Financial Report
Financials:
Revenue: £376.3m (+4.8%)
Adjusted profit before tax: £27.0m (+32%)
Basic EPS: 47.5p; Adjusted EPS: 34.2p (+40%)
Dividend: 19.76p per share (+11%)
Net debt: £142.2m; leverage reduced to 2.3x
Operations & Strategy:
Like-for-like sales: +5.2%
Food +4.8%, Drink +5.3%, Accommodation +5.4%
Investment: £28m into estate (14 major refurbishments)
Acquisitions:
7 Lovely Pubs (£22.5m)
The White Swan, Twickenham
Disposals:
37 tenanted pubs to Admiral Taverns (£18.3m)
The Mad Hatter hotel (£20m)
Capital Activity:
Share buybacks: £23.9m; 6.5m shares repurchased
New £185m banking facility at lower rates (–75bps)
Halma plc - 2025 Annual Financial Report
Financial Highlights
Revenue: £2,032 million (+10% year-on-year).
Adjusted profit before tax: £409 million (+10%).
Earnings per share (EPS): 80.2p (+9%).
Net debt: £513 million (2023: £304 million).
Dividend per share: 21.61p (+7%).
Operational Highlights:
Organic revenue growth: 5%.
Acquisitions: 10 businesses acquired for a total consideration of £379 million.
Portfolio: Over 45 operating companies in safety, environmental, and health sectors.
International presence: 95% of revenue generated outside the UK; 45% from the US
Costs & Outlook
Operating margin: 20.1% (2023: 20.2%).
2025 outlook: Expecting continued revenue and profit growth, supported by contributions from recent acquisitions and ongoing organic initiatives
Tesco plc - Q1 Trading Statement
Sales Highlights
Group sales (exc. VAT, exc. fuel): £16,383m (+4.6% LFL)
UK & ROI sales: £15,386m (+4.7% LFL)
UK: £12,305m (+5.1% LFL)
ROI: £772m (+5.5% LFL)
Booker: £2,309m (+2.0% LFL)
Central Europe: £997m (+4.1% LFL)
Operational Highlights
UK market share up 44bps YoY to 28.0% (24 consecutive periods of gains)
UK food sales up 5.9%; non-food up 6.2%
Online sales up 11.5%, with market share up 163bps
Over 350 new own-brand products launched
Booker catering sales up 7.3%; retail up 5.4%
ROI market share up 22bps to 23.3%; food sales up 5.8%
Central Europe LFL sales up 4.1%; fresh food up 7.3%
Costs & Outlook
Maintained strong price position (Aldi Price Match on 600+ lines, ~9,000 Clubcard deals weekly)
FY25/26 adjusted operating profit guidance: £2.7bn–£3.0bn (unchanged)
£448m of £1.45bn share buyback completed (as of 11 June 2025)
SSE PLC- 2025 Annual Financial Report
Financial Highlights
Adjusted operating profit: £2,530m (+11% YoY)
Adjusted earnings per share (EPS): 168.5p (+10%)
Net debt and hybrid capital: £10.5bn (2024: £9.8bn)
Full-year dividend: 70.0p/share (in line with policy)
Operational Highlights
Renewables output: 10.9TWh (vs 10.4TWh in FY24)
Net zero-aligned capital investment: £2.5bn (FY24: £2.8bn)
2.5GW of new renewables capacity in construction
Transmission capital investment: £1.2bn (+20% YoY)
SSEN Transmission delivered record levels of network investment
Costs & Outlook
FY26 adjusted EPS guidance: 160p–170p
FY26 dividend target: 74.0p/share
£20.5bn Net Zero Acceleration Programme (NZAP Plus) on track for delivery by 2027
Latest B&M Results - Analytical dive:
New Portfolio update coming soon! — we just sold Halfords for a 35% profit:
The information provided in this article is for informational purposes only and reflects my personal opinions and analyses. It should not be considered financial advice or a recommendation to buy or sell any securities. Investing in the stock market involves risks, and past performance is not indicative of future results. Readers are encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. I do not assume any responsibility for any financial losses or consequences that may arise from reliance on the information provided herein.