1100 GMT - ConvaTec's 2022 results delivered a small outperformance, with adjusted operating profit of $404 million beating market views of $391 million, Peel Hunt says. "Despite the slight change in tone, we do not expect an overall shift versus consensus Ebita at GBP428 million," he says. The U.K. recruitment company gave only a vague insight into the year ahead, the analysts say, adding that momentum remained unchanged in the first two months of the year compared with December. "In our view, consensus 2023 earnings-per-share estimates are unlikely to change today," the analysts say. (don.forbes@wsj.com)---Informa Gains After FY Profit Rise, Acquisition1002 GMT - Informa shares rise 3% after the business publisher announced higher annual profit and revenue and an acquisition.

Source: Wall Street Journal March 09, 2023 11:59 UTC