London pre-open: Early gains expected

18th Dec 2009 07:34

The top share index is expected to post modest gains in early dealings.Port operator Forth Ports said it expects full year results to be at the lower end of expectations due to weak trading in its Nordic recycling division and in its container services operations at Tilbury port near London.But temporary power supplier Aggreko says trading has been better than expected during the last three months of the year, leaving 2009 operating profit up by more than a quarter.Ground engineering specialist Keller confirmed that it is on track to meet full year expectations. In its Interim Management Statement on 12 November, the group reported that both revenues and margins since the first half had been below the comparable period in 2008.Online gaming group Partygaming expects underlying earnings this year to be slightly ahead of market forecasts after solid trading since September. Revenue is expected to be in line with expectations, its statement added, with all four of its product streams showing quarter-on-quarter net growth.Ryanair said it has no plans to reopen discussions with Boeing or any other aircraft manufacturers after talks between the two groups on new aircraft orders were terminated unsuccessfully. Topps Tiles has effectively shut down its Dutch operation after withdrawing financial support from the loss-making subsidiary. The cost will be £1m and be reflected in the next figures. The Dutch subsidiary comprises 12 stores and accounted for 4% of the Group's revenue in 2009, but made a loss of £4.9m.