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View the article online at http://citywire.co.uk/wealth-manager/article/a752546

Pound flies as sales soar but FTSE loses puff

by Gavin Lumsden on May 21, 2014 at 13:46

Telecom Plus (TEP) led the mid cap index higher with a 11.7% or 160p gain to £15.30 after the multi-utility expressed confidence in growing profits by 50% this year, having overseen a 25% rise in profits for 2013/14.

Britvic (BVIC) gained 48p of 7% to 742.5p after the soft drinks maker said its Fruit Shoot drink was available in the US. The company generates 70% of revenues from the UK and has made international growth a priority. It declared a 13% increase in its interim dividend to 6.1p per share.

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