Britain

Iconic Labs in surprising surge after launch of bog-standard corporate website

The new Iconic Labs PLC (LON:ICON) corporate website must be a cracker, as its launch has catapulted the share price 26% higher to 0.1075p.

The new media and technology business said its website includes details of the company's strategy, its board, and key investor information – just like virtually every other companys corporate website.

9.45am: Mitie hit by margin concerns

Mitie Group PLC (LON:MTO) dipped 2% to 140.2p in mid-morning after the company said full-year revenue growth will be in line with the first half.

The outsourcing company shared concerns over a “challenging industry of rising labour costs and margin pressures”, not helped by the widespread economic and political uncertainty, holding back sales in the second half.

Revenue in the first half was £1bn, up 11% year-on-year, a trend expected to continue until 2021.

9am: Investors see the light in Blue Prism

Robotic process automation firm Blue Prism PLC (LON:PRSM) rocketed 28% to 1,136p in early deals on the back of an upbeat trading statement.

The group has seen a “significant acceleration” in sales in the second half of the year, contributing to a very strong full-year performance.

The group is set to enter 2020 with a record order book.

Interim results from Read More – Source