Daily Stock Market Report (Wed 26 Feb 2025) - CLIG, BRCK, WATER, IPF

Good morning! We have a section from Mark on CLIG to kick us off today.

Spreadsheet that accompanies this report: updated to 14/2/2025.

Companies Reporting
Name (Mkt Cap)RNSSummaryOur view (Author)ConvaTec (LON:CTEC) (£5.1bn)Full-year ResultsRev +7%, op profit +23.7%. Leverage lower. Confident outlook, FY25 guidance reiterated.Hikma Pharmaceuticals (LON:HIK) (£5.1bn)Final ResultsRev +9%, ahead of exps. Core op profit +2% to $719m in line with exps. “Strong” 2025 outlook.Rathbones (LON:RAT) (£1.9bn)Full-year ResultsFUMA +3.7% to £109.2bn, PBT +73% to £99.6m. Cost savings ahead of target. H2 bias in FY25?Morgan Sindall (LON:MGNS) (£1.7bn)Full-year Results“Record” year, rev +10% and PBT +19%. Improved daily net cash. 2025 to be in line with exps.Hammerson (LON:HMSO) (£1.4bn)Final ResultsLFL gross rental income +1.6%, adj earnings £99m (FY23: £116m). EPRA NTAVps 370p, LTV 30%.Chemring (LON:CHG) (£1.0bn)AGM TUFY25 outlook in line with exps. Order book 30 Jan 25 £1,351m (Jan 24: £991m). £40m buyback.Aston Martin Lagonda Global Holdings (LON:AML) (£1.0bn)Full-year resultsRev -3%, op loss of £99.5m. Net debt +43% to £1,163m. Exp +ve adj EBIT in FY25....