FTSE 250 movers: Keller surges; Morgan Advanced slumps

3rd Mar 2026 13:42

(Sharecast News) - FTSE 250 (MCX) 22,765.19 -2.81%

Keller Group shot higher as the geotechnical specialist contractor hailed a record full-year performance, ahead of expectations, hiked its dividend and announced a further £100m share buyback.

AJ Bell rallied after UBS upgraded the shares to 'buy' from 'neutral', saying that slower earnings per share growth is now fully reflected in the price.

Morgan Advanced Materials, Inchcape and Aberdeen fell after results,

Greggs reported a drop in full-year profit on Tuesday as it struck a cautious note on the outlook.

In the year to 27 December 2025, total sales rose 6.8% to £2.2bn, with like-for-like sales in company-managed shops up 2.4% on the year.

However, underlying operating profit declined 4% to £187.5m and underlying pre-tax profit was 9.4% lower at £171.9m. Greggs pinned the blame on volume pressure and increased fixed costs related to manufacturing, logistics and technology capacity.

Ithaca Energy jumped along with a resurgent oil price due to the US-Israeli war on Iran.

FTSE 250 - Risers

Keller Group (KLR) 2,155.00p 7.75%

Ithaca Energy (ITH) 242.00p 3.63%

Greggs (GRG) 1,610.00p 2.86%

Plus500 Ltd (DI) (PLUS) 4,128.00p 1.67%

Diversified Energy Company (DI) (DEC) 1,064.00p 1.53%

IG Group Holdings (IGG) 1,349.00p 1.51%

AJ Bell (AJB) 436.00p 1.40%

Bytes Technology Group (BYIT) 302.00p 1.14%

Ruffer Investment Company Ltd Red PTG Pref Shares (RICA) 310.50p 0.98%

Oxford Nanopore Technologies (ONT) 115.20p 0.87%

FTSE 250 - Fallers

Morgan Advanced Materials (MGAM) 204.00p -12.63%

Inchcape (INCH) 797.50p -8.74%

Abrdn (ABDN) 202.40p -8.46%

Raspberry PI Holdings (RPI) 348.10p -7.12%

BlackRock World Mining Trust (BRWM) 968.00p -7.10%

Vesuvius (VSVS) 449.40p -6.80%

IP Group (IPO) 49.25p -6.72%

TBC Bank Group (TBCG) 4,410.00p -6.66%

Shaftesbury Capital (SHC) 144.50p -6.47%

Lion Finance Group (BGEO) 10,860.00p -6.30%