Why Man Group PLC, International Consolidated Airlines Grp And Inmarsat Plc Should Beat The FTSE 100 Today

Man Group PLC (LON: EMG), International Consolidated Airlines Grp (LON: IAG) and Inmarsat Plc (LON: ISAT) all rise.

The content of this article was relevant at the time of publishing. Circumstances change continuously and caution should therefore be exercised when relying upon any content contained within this article.

When investing, your capital is at risk. The value of your investments can go down as well as up and you may get back less than you put in.

Read More

The content of this article is provided for information purposes only and is not intended to be, nor does it constitute, any form of personal advice. Investments in a currency other than sterling are exposed to currency exchange risk. Currency exchange rates are constantly changing, which may affect the value of the investment in sterling terms. You could lose money in sterling even if the stock price rises in the currency of origin. Stocks listed on overseas exchanges may be subject to additional dealing and exchange rate charges, and may have other tax implications, and may not provide the same, or any, regulatory protection as in the UK.

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More.

The FTSE 100 (FTSEINDICES: ^FTSE) is slipping back a bit today after several days of modest gains, 17 points down on 6,666 as I write. But over the week it’s up 111 points, and unless the afternoon goes especially badly the index of top UK shares looks set to return to the bullish run that was interrupted by last week’s loss.

But which shares look like beating the FTSE today? Here are three from the various indices responding well to news:

Man Group

First-half results gave Man Group (LSE: EMG) shares a boost, sending them up 4.3p (5.1%) to 87.8p, despite the investment manager seeing a net outflow of $5bn during the half, which it described as disappointing. Funds under management totaled $52bn at 30 June, down from $57bn at the end of December. The firm’s net revenues did, however, grow by 2.9% to $568m, adjusted pre-tax profit was up 9.8% to $134m, and adjusted earnings per share rose 19% to 5.7 cents. There will be an interim dividend of 2.6 cents per share.

Man Group shares had staged a remarkable recovery by mid-May, up around 60% on the year to 136p, but we’ve seen a collapse since then to today’s levels — the price is now only around 10% up, with the FTSE having gained twice that.

International Consolidates Airlines

International Consolidates Airlines, formed from the merger of British Airways and Iberia, saw its shares 14.3p (4.8%) to 311p today, after the firm reported a second-quarter pre-exceptional operating profit of €245m — the same period last year brought in a loss of €4m. The airline operator did still record an operating loss for the half, but at €33m it was a lot better than the €253m operating loss made in the first half of 2012.

Contributions to the quarterly profit came from rises in per-passenger revenue and higher capacity, and a 3.7% fall in fuel costs. With current trading in line with expectations, the firm said its expects to grow capacity by 5.2% by the end of the year.

Inmarsat

Inmarsat shares also got a first-half boost today, putting on 49p (7.2%) to 725p, after the company reported a 6% rise in adjusted pre-tax profit to $183.5m for the six months to 30 June. The mobile satellite communications provider told us of “strong subscriber growth”, especially for its maritime services offerings, although adjusted total revenue did only gain 1% to $635.2m. There will be an interim dividend of 17.79 cents per share, up 5%.

Inmarsat shares are now up 50% over the past 12 months, with current forecasts putting them on a pretty lofty P/E of over 20 with a couple of years earnings falls expected. Forecasts might now be revised, but Inmarsat is clearly priced with future growth in mind.

Finally, if you’re looking for investments that should take you all the way to a comfortable retirement, I recommend the Fool’s special new report detailing five blue-chip shares. They’ll be familiar names to many, and they’ve already provided investors with decades of profits.

But the report will only be available for a limited period, so click here to get your hands on these great ideas — they could set you on the road to long-term riches.

> Alan does not own any shares mentioned in this article.

Should you invest, the value of your investment may rise or fall and your capital is at risk. Before investing, your individual circumstances should be assessed. Consider taking independent financial advice.

More on Investing Articles

Investing Articles

Is this one of the FTSE 100’s best-value growth shares?

Looking for great-value recovery shares to buy today? Based on City forecasts, this could be one of the best that…

Read more »

Investing Articles

Will the Tesco share price hit a 10-year high in 2024?

Up from 200p less than two years ago, the Tesco share price has enjoyed impressive growth lately. Now I'm considering…

Read more »

Electric cars charging in station
Investing Articles

Where will Tesla stock be in 5 years? Here’s what the experts say

The analysts' outlook for Tesla stock in the next few years seems to be all over the place, as the…

Read more »

Man writing 'now' having crossed out 'later', 'tomorrow' and 'next week'
Investing Articles

Nearing its 12-year low, this FTSE growth stock could be the bargain of the year!

Harvey Jones has happy memories of owning this FTSE 100 growth stock. Now he's wondering whether to take a trip…

Read more »

Investing Articles

BT share price: a bargain or one to avoid?

This Fool has been keeping tabs on the BT share price. Despite looking cheap, he's steering clear of the stock…

Read more »

British flag, Big Ben, Houses of Parliament and British flag composition
Investing Articles

3 reasons why I predict UK shares will soar over the next 12 months!

Our writer believes there are plenty of reasons why UK shares will do well over the next year or so.…

Read more »

Investing Articles

Are these the best stocks to buy after the UK election?

With Labour now leading the UK, change is on the horizon. I'm considering the best stocks to buy based on…

Read more »

Investing Articles

1,000 shares in this FTSE 100 stalwart would give me £525 of dividends!

The FTSE 100 is packed full of stocks offering sizeable dividend yields, but I feel this one is the pick…

Read more »