FTSE 250 movers: Britvic dives after recall cost soars

11th Jul 2012 15:11

Soft drinks group Britvic plummeted after saying the recall of its Robinsons Fruit Shoot and Fruit Shoot Hydro drinks could cost the company up to 25m pounds. Added to this, poor weather conditions and weak consumer sentiment means the group now expects to deliver a full-year results at the bottom end of market expectations - before taking account of the impact of the recall. Panmure Gordon downgraded the stock to 'sell' this morning. Pub chain JD Wetherspoon rose after announcing that it had been boosted by strong trading around the fortnight of the Jubilee celebrations and during the Euro 2012 championships. Property business Daejan also rose despite more than halving its pre-tax profits for the year ended March 31st. It kept investors on side with a total dividend of 76p per share, up 1p on last year's payout. FTSE 250 - RisersWetherspoon (J.D.) (JDW) 442.30p +4.88%Aquarius Platinum Ltd. (AQP) 42.09p +4.70%Salamander Energy (SMDR) 177.30p +4.54%Spirit Pub Company (SPRT) 49.25p +4.23%Grainger (GRI) 92.70p +4.16%Bumi (BUMI) 316.60p +2.79%Ruspetro (RPO) 131.00p +2.26%Go-Ahead Group (GOG) 1,259.00p +2.03%RPS Group (RPS) 210.00p +1.94%Centamin (DI) (CEY) 69.70p +1.90%FTSE 250 - FallersBritvic (BVIC) 257.80p -14.12%FirstGroup (FGP) 189.00p -7.53%Senior (SNR) 182.80p -5.72%Bodycote (BOY) 324.90p -5.30%ITE Group (ITE) 192.00p -4.67%Halfords Group (HFD) 189.50p -4.29%Barr (A.G.) (BAG) 412.50p -3.76%African Barrick Gold (ABG) 396.70p -3.46%Hochschild Mining (HOC) 449.20p -3.19%Yule Catto & Co (YULC) 129.40p -3.07%NR