Kalkine UK Market Movers: ftse dividend stocks BATS, CHG, GLE Update on Trading and Outlooks

2 min read | June 03, 2025 01:07 AM PDT | By Team Kalkine Media

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Highlights

British American Tobacco reports stronger performance ahead of guidance in its FTSE 100 trading update

Chemring delivers a record order book, reinforcing its FTSE 250 defence position

MJ Gleeson flags reduced outlook due to market conditions and margin pressures in the FTSE SmallCap Index

British American Tobacco (LON:BATS), listed on the FTSE 100 Index, released a trading update ahead of its half-year results, outlining that its revenue is progressing ahead of previous expectations. The company continues to focus on reshaping its portfolio, with a notable emphasis on modern oral and vapour categories. Management has noted strong performance in several international markets, which has helped the group offset broader industry challenges. Efforts to streamline operations and manage financing costs are ongoing, with debt reduction highlighted as an area of continued attention.

Defence Sector: Chemring Achieves New Contract Highs

Chemring Group (LON:CHG), a constituent of the FTSE 250 Index, announced interim results showing sustained demand across its defence and security segments. The company recorded an increase in orders, setting a new milestone in its contract pipeline. Revenue and trends have remained consistent with prior guidance, and management reiterated confidence in its multi-year revenue ambitions. Demand from international government clients is playing a key role, supported by continued global security developments. The company’s strategic investment in technology-based solutions is reported to be supporting future operational scalability.

Housebuilding Sector: MJ Gleeson Adjusts Forecast

MJ Gleeson (LON:GLE), listed on the FTSE SmallCap Index, issued a trading update ahead of the close of its financial year, stating that market recovery in the housing sector has remained subdued. The company cited planning delays, transaction timing issues, and persistent margin challenges as factors affecting its year-end outlook. A planned asset disposal has not reached completion, contributing to a downward revision in expected operating results. Looking ahead, management has indicated that ongoing sector-wide constraints could continue to weigh on delivery metrics into the next financial year.

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