Reckitt Benckiser, TalkTalk and DP Poland

“The FTSE100 opened on the front foot with investors looking ahead to tomorrow’s retail sales and industrial order expectations data and public sector net borrowing figures on Friday,” says AJ Bell Investment Director Russ Mould.

“Reckitt Benckiser topped the blue-chip board in early trading after agreeing to sell its French's Food arm to McCormick for $4.2bn. The deal follows a comprehensive strategic review of the business which includes the French's mustard, Frank's RedHot and Cattlemen's brands. Reckitt Benckiser’s shares were up by more than 1.6%.

“Telephone and broadband provider TalkTalk had a strong first quarter adding 20,000 new customers with growth in both its consumer and wholesale bases. Importantly, the group is also improving its ability to keep customers with ‘churn’ rates falling to 1.2% in the period from 1.4% a year ago. The group continues to expect full year revenues to grow and its guidance remains unchanged.

“Poland’s appetite for pizza shows no sign of abating with DP Poland's total system sales increasing by 50% in the first half. The group, which has the exclusive right to develop, operate and sub-franchise Domino's Pizza stores in the country, has seen its 19th consecutive quarter of double digit system sales growth. DP Poland has opened 10 new stores so far this year and now has 45 stores in 18 towns and cities across Poland. DP Poland’s shares were up by over 1.6% in early trading.”

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